GENERAL PROCUREMENT NOTICE

 

Country: Morocco

Project Name: DEVELOPMENT OF THE PARTICIPATORY FINANCE SECTOR IN MOROCCO

Sector: ISLAMIC BANKING / ISLAMIC FINANCE

Mode of Financing: ISLAMIC FINANCE GRANT

Financing No: MAR1073

 

Bank Al-Maghrib, Morocco (BAM) has received financing in the amount of ID 187,970 (Islamic Dinar One Hundred and Eighty-Seven Thousand Nine Hundred and Seventy), approximately USD 250,000 (United States Dollar Two Hundred and Fifty Thousand equivalent) from the Islamic Development Bank toward the cost of the “Islamic Finance Grant Program to enhance the Moroccan Participatory finance landscape through a multi-study approach”, and it intends to apply part of the proceeds to payments for consulting services to be procured under this project. The BAM will jointly finance this Project.

Morocco's expanding participatory finance sector holds significant potential for inclusive economic growth. These comprehensive studies aim to delve deep into the sector's landscape and identify key areas for advancement.

The Project will include the following components:

 

Component A - Consultancy Services: Conducting in-depth Islamic finance studies to complete the existing framework and further bolster the participatory finance sector.

 

Component B - Consultancy Services: Capacity Building Programs: Delivering 4-6 tailored programs focused on essential areas for Islamic finance development in Morocco, aligning with identified enhancement efforts.

 

The selection method for the above-mentioned Consultancy Services under the subject grant will be

based on the Consultant’s Qualification Selection (CQS) method using international shortlisted firms. Consulting services financed by the Islamic Development Bank will be selected in accordance with the Guidelines for the Procurement of Consultancy Services under Islamic Development Bank Project Financing (April 2019, revised in February 2023) and is open to all eligible bidders as defined in the guidelines.

 

Requests for Expression of Interest for contracts for consultancy services will be announced as they become available on IsDB Website, UNDB Online and/or DG Market as well as the BAM website (https://www.bkam.ma).

 

Interested eligible firms who would wish to be considered for the provision consulting services for the Project mentioned above, or those requiring additional information, should contact the Beneficiary at the address below:

 

Bank Al-Maghrib, Morocco (BAM)

Banking Supervision Directorate

Address: 57 CFC Tower, 24th Floor, Casa Anfa, Hay Hassani

Tel: 212 5 22 47 80 32   / Fax: 212 5 22 22 69 16

Email: dsb@bkam.ma