Project_8769 ASF Sharia Secretariat Supervisory Board con_26061

Amounts and figures

Description

In April 2014, the DfE launched a consultation which sought views on the acceptability of a Sharia-compliant alternative student finance (ASF) product. Following a positive response to the proposal, the Government committed to the introduction of an ASF product, using the Islamic finance principle of 'Takaful' to provide a form of group-based mutual support. The Government has since legislated to make a system of ASF possible, when the power for this was taken in the Higher Education and Research Act 2017 and has worked with specialist advisers on the development of an ASF model. Alongside this, the Government has been reforming the student finance system to put it on a sustainable footing for the long term and is introducing the Lifelong Learning Entitlement (LLE), that will significantly change the ways students can access learning and financial support. In March 2023, as part of the LLE consultation response, the DfE committed to delivering ASF as soon as possible after the introduction of the LLE. In August 2023, the Student Loans Company (SLC) started work on understanding the timescales for delivering an ASF product and, to support this, are being provided wit…

Awards

Official publications

• Contract Award Notice Independent review into 2DP fire and structural safety
  Published: 3 November 2026
• Legal Advisor Services for Teacher Misconduct Cases (Teaching Regulation Agency) - RM6240
  Published: 8 January 2026
• School's Water Strategy - Technical Advisory Support and Flood Risk Assessment Services
  Published: 17 December 2025
• Subject Knowledge Enhancement (SKE)
  Published: 20 October 2025
• Sector Data Capability Pilot
  Published: 7 October 2025
• con_28342 - EYSG Safeguarding SME
  Published: 26 September 2025
• con_28344 - EYCDT - Safeguarding Module Development
  Published: 26 September 2025
• con_28287 - Education Workforce Retention: Product, Delivery and Data and User Centred Design (Schools Digital Portfolio B)
  Published: 4 September 2025
• Provision of Marketing Automation Solution
  Published: 27 August 2025
• Apprenticeship Services - User Centred Design, con_27830
  Published: 20 August 2025

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Frequently asked questions

What is the deadline to bid for this tender?

The submission deadline is 5 April 2024, 12:00. Check the official source, as dates can be modified.

What is the estimated value of this tender?

The estimated value published by the buyer is £174,000.

Who is the buyer of this tender?

The contracting authority is Department for Education (United Kingdom).

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