MSFN
Organizational Setup
The Assembly
of Partners
The
Assembly is the highest decision-making organ of the MSFN. All partners
who have duly paid their contributions for the year are automatic members
of the Assembly. The Assembly is responsible for the election and removal
of the Board of Trustees and Coordinating Committee (or any member
thereof), as the case may be.
The
Co-ordinating committee consists of Regional
Representatives for each of the following designated regions:
- NIGERIA
- AFRICA (excluding
Nigeria)
- MIDDLE EAST(GULF
STATES)
- NORTH AMERICA
(including USA, CANADA and the WEST INDIES)
- EUROPE (Including
UK, WESTERN EUROPE and EASTERN EUROPE)
- SOUTH EAST ASIA.
The
functions of the Co-ordinating Committee (CC) includes
- Carry out
membership drive in their respective regions.
- Collection of
contributions from partners in respective regions
- Assist the
assembly of MSFN for smooth take off of scheme.
- Disburse funds to
BOT on approval by Assembly of MSFN.
- Maintain database
on list of contributors.
- Develop
operational guidelines for selection of MSFN scholars.
- The approved
guidelines shall be forwarded to the Board of Trustees for
implementation.
- Act as liaison
between the Board of Trustee and the Assembly of MSFN Partners.
- Any other
responsibilities as may be assigned by the MSFN Assembly of
Partners.
The
Board of Trustees consists of 7 members, at least 4 of whom must be
living in Nigeria. Members of the Board of Trustees are elected amongst
the MSFN Partners for a term of 2 years, renewable (for each Trustee) for
a maximum period of 6 years. Members of the Board of Trustees elect a
Chairperson and Secretary from amongst themselves.
The BOT is responsible for the day to day running of the MSFN in
Nigeria, which includes:
- Preparation of
annual budget.
- Selection and
grant of loan to deserving Nigerian Muslim students and
discontinuation of loan to those students who fail to meet the
required minimum academic standards
- Organize
fund-raising activities to support the objectives of the MSFN.
- Ensure that the
account of the Fund is audited annually by the auditor appointed by
the Assembly.
- Preparation of
students' progress reports through the mentor system and submission
annually to the Assembly.
- Other activities
as may be deemed necessary by the Assembly.
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