Consulting Services to Develop Learning Resources for the “enhancing Women’s Financial Inclusion Through Islamic Finance” Elearning Course

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTANT SERVICES – SELECTION OF FIRMS)

COUNTRY: SAUDI ARABIA

PROJECT NAME: DEVELOPMENT OF E-LEARNING COURSE TITLED “ENHANCING WOMEN’S FINANCIAL INCLUSION THROUGH ISLAMIC FINANCE

SECTOR(S): ISLAMIC FINANCE / WOMEN’S FINANCIAL INCLUSION / WOMEN AND YOUTH EMPOWERMENT

CONSULTING SERVICES TO DEVELOP LEARNING RESOURCES FOR THE “ENHANCING WOMEN’S FINANCIAL INCLUSION THROUGH ISLAMIC FINANCE” ELEARNING COURSE

MODE OF FINANCING: IsDBI GRANT

FINANCING NO. ZZZ2802

The Islamic Development Bank Institute (IsDBI) has initiated a project to develop and host the “Enhancing Women’s Financial Inclusion Through Islamic Finance” eLearning course on IsDBI’s edX Platform.

The proposed eLearning course shall spotlight Islamic Finance as a pertinent solution to the challenges related to women’s financial exclusion, building upon the previous achievements and successes of Islamic Finance as an appropriate solution for the financial needs and aspirations of Muslims and non-Muslims worldwide.

The proposed eLearning course on enhancing women’s financial inclusion through Islamic Finance is coherently and prudently aligned with three cross-cutting areas of the IsDB 2023-25 Strategy Realignment: namely Islamic Finance Development, Women & Youth, and Capacity Development.

The project is also aligned with the IsDB Institute’s mandate to address the critical knowledge gap that contributes to financial illiteracy of women in the IsDB Member Countries.

The objective of the assignment is to develop various types of learning resources (multimedia elements), including graphic-rich multimedia, static infographics, and illustrated explainer videos and conversational scenarios for the proposed Massive Open Online Course (MOOC) on Enhancing Women’s Financial Inclusion Through Islamic Finance.

The detailed scope of the project includes hiring an international consulting firm experienced in the development of eLearning illustrated animation videos and multimedia resources for the proposed MOOC on Enhancing Women’s Financial Inclusion Through Islamic Finance. The scope of the project is limited to multimedia development only and DOES NOT include course design, storyboarding, or edX Studio authoring.

The duration of the course is estimated to be roughly around 2 learning hours, and shall include 5 lessons, with each lesson including 5-6 2D illustrated videos (explainer videos and simple conversational scenarios – without lip synching) and 8-10 graphic-rich 2D images and illustrations. The graphic-rich 2D illustrated images and infographics shall be static and aligned to specific topics and pages of the MOOC. The MOOC storyboards shall provide specific details of these static media elements. The duration of each video is expected to range from 3-5 minutes on average.

The consultant assignment is expected to take not more than 3 months starting from December 2025.

The draft TOR for the assignment is attached to Annex-1.

The IsDB Institute now invites eligible international consulting firms (“Consultants”) to indicate their interest in providing the listed services. Interested International Consultants must provide specific information that demonstrates that they are fully qualified to perform the services (availability of appropriate experience and skillful staff confirmed by brochures, description of similar assignments in analogous conditions, etc.) including expertise in developing and implementing similar innovative solutions.

The shortlisting criteria / sub-criteria are:

(a) The Consultant should demonstrate experience in providing consultancy services in eLearning solutions development, specifically 2D animated illustration videos for at least ten (10) years. Having experience with edX development and authoring will be an added advantage.

(b) Proven record of successful similar consultancy services (at least 3 in the past 5 years), as follows:

Developed graphic-rich 2D illustrated eLearning videos, images, and infographics.
Visualized and developed standard and uniform graphic strategy (illustrated genre) for complex eLearning animations and multimedia.
Visualized and developed the Creative Design approach for the multimedia
Developed indicative storyboards (SBs) for the videos from the given Video Script.
(c) The firm should demonstrate technical and managerial capabilities to successfully execute the assignment through a brief presentation of the firm’s management structure and number of permanent staff.

(d) The firm should demonstrate capabilities and experience in delivering the expectations outlined in the draft TOR in Annex 1.

Key Experts will not be evaluated at the shortlisting stage but expected proficiency is available in the draft TOR.

The attention of interested International Consultants is drawn to Paragraphs, 1.23, and 1.24 of the Guidelines for Procurement of Consultant Services under Islamic Development Bank Project Financing (the “Procurement Guidelines”), setting forth IsDB’s policy on conflict of interest: Guidelines for Consultancy Services

Consultants may associate with other firms to enhance their qualifications but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected.

A consultant will be selected in accordance with the Fixed Budget Selection (FBS) method as set out in the Procurement Guidelines.

Interested consultants may obtain further information at the address below during office hours; 8:30 to 16:30 hours Jeddah Local Time.

Expressions of interest must be delivered via email to the address below at 12:00 PM (KSA Time) by date 10 November 2025.

THE ISLAMIC DEVELOPMENT BANK INSTITUTE

Address: 8111 King Khalid Street, Al Nuzlah Al Yamania District, Unit no. 1

Jeddah 22332-2444, Kingdom of Saudi Arabia