Awarded Contractocds-b5fd17-c9b5efa8-7966-4825-ad56-05509b3a8717

Project_8769 ASF Sharia Secretariat Supervisory Board con_26061

In April 2014, the DfE launched a consultation which sought views on the acceptability of a Sharia-compliant alternative student finance (ASF) product. Following a positive response to the proposal, the Government committed to the introduction of an ASF product, using the Islamic finance principle of 'Takaful' to provide a form of group-based mutual support. The Government has since legislated to make a system of ASF possible, when the power for this was taken in the Higher Education and Research Act 2017 and has w...

Buyer

Department for Education

Value

£174,000

Published

31 Oct 2024

Closes

5 Apr 2024

Procurement details

Source

Contracts Finder

Region

Westminster

Procurement method

Open

Category

Services

Contract starts

29 Sept 2024

Contract ends

28 Sept 2026

CPV classifications

66000000

Financial and insurance services

Lots

Lot default Project_8769 ASF Sharia Secretariat Supervisory Board con_26061

£174,000

In April 2014, the DfE launched a consultation which sought views on the acceptability of a Sharia-compliant alternative student finance (ASF) product. Following a positive response to the proposal, the Government committed to the introduction of an ASF product, using the Islamic finance principle of 'Takaful' to provide a form of group-based mutual support....

Delivery: British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, United Kingdom

Awarded contract notice on Contracts Finder

31 Oct 2024

Awarded contract notice on Contracts Finder

Award notice · Web page

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Not provided

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PDF

Contains public sector information licensed under the Open Government Licence v3.0.