The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, in collaboration with the Ministry of Economic Development and Trade of the Republic of Tajikistan, has successfully concluded two comprehensive Islamic trade finance workshops to equip participants with the necessary knowledge and skillset on various aspects of Islamic finance and relevant practices. The workshops took place in Dushanbe, Tajikistan from 15th to 19th July 2024.

These workshops mark a significant milestone in ITFC’s mission to bolster Islamic finance capabilities in member countries. The Islamic finance industry has enormous potential for growth and contribution to the socio-economic development of the country. Tajikistan was among the first countries in the region to adopt the Islamic finance regulatory framework.  However, as the S&P’s 2024 report highlights, low knowledge and understanding of Islamic finance principles among professionals and consumers are one of the major hindrances to the growth of Islamic finance in the region. Addressing this knowledge gap was one of the primary objectives of these workshops.

During the workshops, participants were introduced to a wide array of Islamic financial products and services. The training sessions were designed to enhance the participants’ understanding of Islamic trade finance and its features, equipping them with the necessary knowledge and skills to foster the growth of Islamic finance in Tajikistan.

“Islamic finance has gained significant traction around the world, creating ample opportunities for global financial stability, ethical investment, and inclusive growth. Tajikistan is uniquely predisposed to benefit from the principles of Islamic finance, and I would like to thank ITFC for its continued assistance and implementation of important projects in our country.”  – Dilshod Sharifi, Head of the International Economic Department, Ministry of Economic Development and Trade of the Republic of Tajikistan.

Key outcomes of the workshop included increased awareness and understanding of Islamic trade finance principles and ITFC’s integrated trade solutions among government institutions and financial sector entities, as well as the promotion of ITFC’s private sector financing products in Tajikistan.

“As a leading provider of trade solutions, ITFC acknowledges the significant growth potential for Islamic trade finance in Tajikistan and we are committed to assisting Tajikistan in enhancing its Islamic finance capabilities to foster economic and trade development.” – Jarilkasin Ilyasov, Manager, Integrated Trade Solutions, ITFC.

The workshop was attended by over 40 participants from selected financial Institutions, the Central Bank of Tajikistan, selected government entities, and state-owned enterprises in Tajikistan.

Tajikistan has been selected as one of the member countries to benefit from ITFC’s Integrated Trade Solutions. These capacity-building and training initiatives are complemented by the trade financing activities of the corporation. Given the potential of Islamic banking and finance to offer alternate products and services, the recent developments in the Islamic finance industry in Tajikistan, have the potential to grow rapidly and cater to the financing needs of the private sector, and participants, including the SMEs.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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About the International Islamic Trade and Finance Corporation (ITFC):
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving the socioeconomic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided over US$70 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries’ needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity-building tools, which would enable them to successfully compete in the global market.

Watch Merck Foundation (www.Merck-Foundation.com) More Than a Mother Animation Film: https://apo-opa.co/4diZQwP.

Merck Foundation, the philanthropic arm of Merck KgaA Germany and Africa Reproductive Care society (ARCS) together conducted the Third Edition of  “World Infertility Awareness Summit (WIAS) 2024” and Press Conference. The Summit was co-chaired by Senator, Dr. Rasha Kelej, CEO of Merck Foundation and President of “More Than a Mother” Campaign and Chairperson of Africa Reproductive Care Society (ARCS); Prof. Oladapo Ashiru OFR, President of Africa Reproductive Care Society (ARCS) and also The Nigerian Academy of Medicine Specialties; Dr. Edem Hiadzi, Immediate past President of the Fertility Society Of Ghana (FERSOG); Prof. Justin E. MBOLOKO, Immediate Past President, Inter-African Fertility Research and Application Study Group (GIERAF) and Dr. Moustapha Thiam, Obstetrician Gynecologist IVF President, Senegal.

Senator, Dr. Rasha Kelej emphasized, “We marked World Fertility Awareness Month with the experts in the field and our media community through our third edition of World Infertility Awareness Summit in partnership with Africa Reproductive Care Society (ARCS). The summit has been our effort towards raising awareness about infertility. especially male infertility, and to sensitizing communities to end the stigma associated with infertility and empower infertile women&couples through access to information, education, health and change of mindset.

I am very proud to share that we at Merck Foundation are contributing to building and advancing fertility care capacity in Africa and Asia, to support childless women and couples. I am very happy to share that we have provided till today more than 574 scholarships of Embryology, Fertility and Reproductive care to young doctors from 39 different countries.

Many of our Alumni are trained to be the first local experts in their countries, where they never used to have local embryologists  or fertility specialists before our program, such as The Gambia, Burundi, Guinea, Chad, Niger, Sierra Leone, Liberia, Malawi, Congo and more.

Together with African First Ladies, and other important partners, we are making history and reshaping the landscape of fertility&Reproductive care across Africa and beyond.”

Prof. Oladapo Ashiru OFR, President of Africa Reproductive Care Society (ARCS) said, “Infertility has a great psychological impact on the women suffering from infertility stigma due to emotional and physical distress caused to her. In some cases, women also go through physical violence and lacks the family support too. Infertility is not only a medical issue but also a social issue. It is imperative that the community is informed and educated about the issue.

Infertility can be preventive by adopting various measures like switching to a healthy lifestyle, quitting smoking, reducing stress and anxiety, and ending the practice of Female Genital Mutilation (FGM).

I appreciate the efforts of Merck Foundation for breaking the stigma around infertility and also raising awareness through various campaigns and efforts around infertility stigma.”

The objectives of the Summit were:

To raise awareness about infertility especially male infertility.
To highlight preventive measure in infertility in Africa and developing countries.
To discuss the challenges and define solutions to improve access to quality and equitable Infertility, Sexual&Reproductive Care via building healthcare capacity and raising community awareness.
Define interventions to break infertility stigma around women and couples.

The online program was attended by over 350 participants including Merck Foundation partners and Alumni who are future Fertility Specialists, Reproductive and Sexual Care Specialists, and Embryologists, Healthcare Providers, Policy Makers and Media Professionals from over 25 countries in Africa and beyond, and over 4500 online viewers on our social media platforms. The experts answered questions from the media.

It was conducted under Merck Foundation “More Than a Mother”, a powerful campaign that defines interventions to build quality and equitable Reproductive and Fertility Care Capacity, Break Infertility Stigma and Raise Awareness about Infertility Prevention and Male Infertility.

During the program, Merck Foundation showcased their animation film “More Than a Mother”, adapted from their storybook, to emphasize strong family values of love and respect from a young age which will reflect on eliminating the stigma of infertility and the resulted domestic violence in the future.

According to WHO data, more than 180 million couples in developing countries – that is 1 in every 4 couple, suffer from infertility. In many cultures in Africa, infertility is a huge stigma. Women are solely blamed for failing to conceive and the social stigma of childlessness, especially for women leads to isolation and stigmatization and results in discrimination and ostracism. This mostly also leads to divorce or physical or psychological violence. As a part of “More Than a  Mother” Campaign, Merck Foundation has launched many initiatives to break this stigma and create a culture shift.

Merck Foundation has also been empowering childless and infertile women through their “Empowering Berna” initiative under their “More Than a Mother” movement. This initiative helps women who cannot be treated for infertility anymore by helping them get trained to establish small businesses so that they can be independent and rebuild their lives. Through ‘Empowering Berna’, the lives of many infertile women have been transformed in many African countries like Kenya, Uganda, Nigeria, Central African Republic, Niger, Malawi, and many more.

“It’s all about giving every woman the respect and the help she deserves to lead a fulfilling life, with or without a child,” added Dr. Kelej.

Moreover, Merck Foundation has trained more than 3200 media representatives from more than 35 countries to raise community awareness and break the stigma around infertility and infertile and childless women.

Merck Foundation’s pan African TV program “Our Africa”, that is conceptualized, produced, directed, and co-hosted by Senator, Dr. Rasha Kelej, CEO of Merck Foundation and features African Fashion Designers, Singers, and prominent experts from various domains with the aim to raise awareness and create a culture shift across Africa, has many episodes dedicated to raise awareness about infertility and breaking infertility stigma.

Watch the episodes here:

Episode 3: https://apo-opa.co/3WqHcMr

Episode 5: https://apo-opa.co/3SrB3hT

Episode 10: https://apo-opa.co/4dhD8VN

Merck Foundation has also released about 30 songs, many of these songs have been created with the aim to break the infertility stigma, as a part of their “More Than a Mother” campaign.

Listen to all “More than a Mother” songs here: https://apo-opa.co/4dE26z1

To address this important issue of breaking infertility stigma and also a wide range of other social issues, Merck Foundation annually launches their ‘More Than a Mother’ Awards in partnership with African First Ladies, for Media, Fashion, Film making, and Musicians, students, and potential talents in these fields, to create a culture shift and break the silence about one or more of the following topics: Breaking Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending FGM, and/ or Stopping GBV at all levels. Entries can be submitted on submit@merck-foundation.com.

Merck Foundation also conducts MARS Awards is to empower African young researchers&women researchers, advancing their research capacity and promote their contribution to STEM (Science, Technology, Engineering and Mathematics).

Details of Merck Foundation Africa Research Summit (MARS) Awards 2024:
Merck Foundation Africa Research Summit – MARS 2024 will have scientific support from African Union Scientific-Technical and Research Commission (AU-STRC); African Reproductive Care Society (ARCS), International Federation of Fertility Societies (IFFS); and Manipal Academy of Higher Education (MAHE).

Theme: The Role of Scientific Research in Women Health and Reproductive Care

Who can apply:

Abstracts are invited from final year PhD students, young investigators involved in research and Medical Doctors in Postgraduate Medical Fellowship program related to either of the following topics:

1) Women Health

2) Infertility and Reproductive Health

How to apply: Applications and abstracts can be submitted by clicking on: https://apo-opa.co/3WqHenx

Distributed by APO Group on behalf of Merck Foundation.

Contact details:
Mehak Handa
Community Awareness Program Manager
+91 9310087613/ +91 9319606669
mehak.handa@external.merckgroup.com

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About Merck Foundation:
The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality&equitable healthcare solutions in underserved communities, building healthcare and scientific research capacity and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.Merck-Foundation.com to read more. Follow the social media of Merck Foundation: Facebook (https://apo-opa.co/3WJhNzf), Twitter (https://apo-opa.co/4c5YUuL), Instagram (https://apo-opa.co/3LIG2aj), YouTube (https://apo-opa.co/3A2kNO7) and Flickr (https://apo-opa.co/4c2nM6G).