Majdoulene A.Kerish - Islamic Finance

My work in Islamic finance is rooted in both academic training and applied research. I'm particularly interested in how Islamic Finance contributes to sustainability, and if it can be integrated in PFM.

🧠 Academic and Technical Training

As part of my graduate studies in Islamic finance, I completed modules on:

Islamic Economics and Development
Shariah Governance and Legal Frameworks;
Shariah rules and issues
Social Finance Instruments (Zakah, Waqf, Takaful)

📊 Applied Research and Policy Work

Islamic Finance for Engineering Development Projects
Oman – Early Childhood Development and Education Financing Strategy
I explored how Islamic finance can serve as a complementary mode of investment for the expansion of Early Childhood Education (ECE) and Early Childhood Development (ECD) services. This included identifying the fiscal space and entry points for waqf-based infrastructure investment and leveraging zakat for targeted household support.
Fiscal Space Analysis – MoSD Oman
Integrated Islamic social finance flows into broader fiscal space diagnostics for the Ministry of Social Development, identifying how endowment-based financing and zakah channels could reduce fiscal pressure.
Governance and PFM – The Intersection of PEFA and Islamic Finance
My ongoing research examines how Islamic finance principles can be aligned with global governance standards, including the Public Expenditure and Financial Accountability (PEFA) framework. This work explores how accountability, transparency, and distributive justice — central to both Shariah and PFM — can be bridged through contextualized reforms in Muslim-majority countries.