The MIFC Global Impact Challenge 2025 is open to international participants, which may be a team of individuals, organisation or a registered company1. Solutions submitted must meet the following criteria:

• Impactfully address problem statements;
• Any value-based finance innovation that embeds fundamental Shariah values and is an enabler for Islamic finance; and
• At least a proof-of-concept that demonstrates feasibility to develop, has the requisite functionality and scalability to address the problem statement and good commercialisation potential. 

The applicant(s) must submit the completed Application Form and the submission of videos (if any) through the official website at https://www./impactchallenge. Only applications that are submitted through this official website will be considered. The Application Form and videos submitted must be in the English language. The videos submitted through the official website shall not introduce at any time any viruses1 or othercontaminants. Kindly refer to the participation handbook for further detail.