PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

603339

Primary Business Area

Financial Institutions Group

Disclosure Date

Apr 29, 2021

Country

West Bank and Gaza

Region

Middle East

IFC Approval Date

IFC Approval Date Pending

Status

Status Pending

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Nov 15, 2024

Project Estimated Start Date

Nov 1, 2019

Project Estimated End Date

Project Estimated End Date Pending

Project Description

Project is a continuation of cooperation between Palestinian Capital Market Authority and International Finance Corporation (World Bank Group) to develop a strategy and a road map to develop Islamic financial services in West Bank and Gaza. Project will bring together all Islamic financial services related stakeholders to view and evaluate international experience in developing Islamic financial services, discuss gaps hindering the development of such a market up to the international developed standards, and agree to a comprehensive plan on how to address these gaps.

Development Results

E&S Risks / Impacts and Mitigation