World Council of Credit Unions (www.woccu.org ) just published the first known Islamic finance manual for credit unions in the developing world. Operating principles and procedures were developed and tested throughout World Council's nine-year credit union development work in Afghanistan, where more than 30 Islamic investment and finance cooperatives — the country's first "credit unions" — were established in 14 provinces. The manual is based on international standards for financial cooperatives and is meant to be adapted for countries in the developing world.
Download the manual - www.woccu.org/operations
Learn about World Council's work in Afghanistan - www.woccu.org/newsroom/releases/World_Council_of_CUs_Expands_Islamic_Finance_in_Afghanistan;_New_Afghan_Trade_Association_Becomes_Member
Kind regards,
Jenny Bernhardt
Communications Manager
World Council of Credit Unions
jbernhardt@woccu.org
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