WiMAG_February 2023

CEO, Nash FintechX (Luxembourg)

CEO, SANZAF (South Africa)

Managing Partner, Metropolitan Law Firm (Nigeria)

Associate Dean, INCEIF University (Malaysia)

Founder, MCDGI CEO, Women on Boards (The Maldives)

Group Head, CORIS BARAK (Burkina Faso)

CEO, Ashab Consults (Nigeria)

Founder, E Tontine (Senegal)

Consultant, UNFPA (Cameroun)

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CEO, Nash FIntechX - Luxembourg Partner, Metropolitan Law Firm - Nigeria CEO, Ashab Consults - Nigeria

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CEO, SANZAF - South Africa

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Founder, MCDGI – The Maldives CEO, E Tontine - Senegal

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Group Head, CORIS BARAK – Burkina Faso

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Consultant, UNFPA - Cameroun

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Associate Dean, INCEIF University -Malaysia

Newsfromaroundtheworld

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Women in Islamic finance: round pegs in round holes?

By Dr Aishat A. ZUBAIR

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Managerial Lessons for Women leaders

By WiMAG

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Yasmina Francke is the CEO of the South African National Zakah Fund (SANZAF), one of the largest and longest standing Zakah institutions in South Africa. She was appointed in 2018 as the first female CEO of the organisation. Before taking on this full time position, she served as a SANZAF Executive Board member for over 10 years in a voluntary capacity.

Yasmina Francke holds accreditation and qualification in Zakat Management, Islamic Finance, Social Sciences, Management and Marketing. She has over 25 years of experience in the corporate world, where she worked mostly in the Financial Services sector at a few top South African blue chip companies.

Yasmina is currently a Deputy Secretary General at the World Zakat Forum and has been a regular speaker at many international conferences, including the IFN Redmoney, BAZNAS Indonesia Winter School, as well as ILMA University In 2021, Yasmina was rated 17th amongst the 300 most influential women in Islamic Business and Finance by Cambridge IFA in their WOMANi Annual Report, followed by a recognition in 2022 by the same institution for WOMANi CEO for the Year 2022. She also achieved recognition for SANZAF, being conferred the Global Good Governance award for Capacity Building and Governance.

Yasmina FRANCKE

In South Africa, women's empowerment is a priority matter for the government and many resources have been made available to women to become financially independent. This also creates a greater awareness amongst women of the programmes they can tap into.

In the past, SANZAF was able to touch the lives of millions in need. This is because the organisation follows strict Shari'ah guidelines in ensuring that the beneficiaries' eligibility is established correctly and in a dignified manner so that both the donor and the beneficiary are protected and can fulfil their religious obligations.

My advice to the younger generation is always to seek knowledge and open yourself up for constructive criticism to grow and improve at what you do. I subscribe to the philosophy that dedication, consistency, passion and hard work DOES PAY OFF as long as you know exactly what it is, what you want to achieve and what impact you want to make, especially in the lives of others.

MetropolitanLawFirm

Themotherof Islamicfinancein Nigeria

WiMAG: WiMAG:

www.metlawfirm.com

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Dr.Nida KHAN

DCarbonX: Blockchain-based Carbon Market

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Salient features

▪ Interface to view all issued carbon credit/ offset certificates

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Learn more www.nashfintechx.com

Maldives Capacity Development and Governance Institute

Women on Boards

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Fatou Kine Diop is an innovative entrepreneur who hails from Senegal. After working in e-commerce and being passionate about innovation, she decided to launch E-Tontine. Summarily, it consists of running digitally the age-long system of tontine*, which has been run mainly by and for women as a mutually beneficial financial empowerment scheme, particularly in Africa and Asia.

*In some communities, particularly in Africa and Asia, it is a customary practice whereby members periodically contribute a designated amount of money to a pool that each contributor can use in turn.

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GROUPHEAD CORIS BARAKA

I advise resilience first and foremost because the road can be very long, but we always get there with the help of ALLAH. Furthermore, it will be necessary to show patience and persevere in the work well done…