RFI Foundation providing new, expanded member support services, adding two new board members

22 October 2020, London, United Kingdom – The RFI Foundation is deepening its engagement with Islamic financial institutions following a strategic planning process to align with a post-Covid world.  Increased interest from industry leaders in responsible finance means RFI has expanded opportunities to help financial institutions and industry stakeholders realize the benefit from adopting and implementing responsible finance. 

RFI Foundation further announces that it has added Richad Soundardjee, Chief Regional Officer for Societe Generale in the Middle East and Dr. Mulya Siregar, Chief Commissioner, PT Bank Syariah Mandiri to its Board of Trustees.  The new Board members join as the RFI Foundation concluded a strategic shift from awareness-building to new role as a catalyst for Islamic & responsible finance. The RFI Foundation Board of Trustees wishes to extend its sincere thanks to Sultan Choudhury, who stepped down following 5 years of serving on the Board of Trustees. 

In moving forward with its updated strategy, RFI Foundation will translate its deep experience as the first nonprofit solely focused on building links between the Islamic finance & responsible finance sector to play a catalytic role by enabling financial sector development based on the universal principles shared between responsible and Islamic finance. The RFI Foundation is committed to working with financial institutions to take their renewed focus on implementing new practices to more clearly capitalize on the ethical alignment of Islamic and responsible finance, and the added value that ESG can bring to business decision-making.