Specifically, the Foundation focuses on meeting the following objectives:
Producing and supporting research, whether specifically on Islamic financial services or of wider relevance to economic development;
Seed capitalisation of selected economic development projects in conjunction with relevant partners, whether to pioneer a new model or transfer a successful model into a new market.
Supporting the training, recruitment and development of human capital in the Islamic financial services industry and the OIC region as a whole.
The Foundation is governed by its own Board of Trustees, who are appointed by the Fajr Capital Board of Directors. The Board of Trustees ensure that the mandate of the Foundation is being implemented and the Foundation’s activities meet best practice standards of governance.