---
title: "Government and public sector | IslamicOpenFinance™"
description: "Public finance in Islamic markets needs the same governance and evidence as any bank. Sovereign sukuk programmes, Shariah governance workflow, Treasury placements and more for Government and public sector on IslamicOpenFinance™."
url: https://islamicopenfinance.com/sectors/public-sector/
lang: en-GB
source: "IslamicOpenFinance"
---

> Public finance in Islamic markets needs the same governance and evidence as any bank. Sovereign sukuk programmes, Shariah governance workflow, Treasury placements and more for Government and public sector on IslamicOpenFinance™.

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3. Government and public sector

Social

# Government and public sector

Public finance in Islamic markets needs the same governance and evidence as any bank.

Governments and public bodies issue sovereign sukuk, manage Islamic treasuries and, in some markets, administer zakat and public waqf. Approvals, pronouncements and audit trails matter as much here as in the private sector. IslamicOpenFinance™ gives public bodies the same workflows and evidence model.

[Request a demo for this sector](https://islamicopenfinance.com/#start) See the live demo

Financial products

## What you build on IslamicOpenFinance™

1

### Sovereign sukuk programmes

Issuance, asset registers and distributions for sovereign sukuk are run on one lifecycle.

2

### Shariah governance workflow

Requests, reviews and pronouncements are recorded with reference numbers and conditions.

3

### Treasury placements

Public funds are placed through Islamic instruments within policy limits.

4

### Public zakat administration

Where a public body administers zakat, collection and disbursement follow the same recorded steps.

5

### Supervisory sandbox

Regulators test new products with firms in a shared sandbox with a common evidence format.

Value chain

## The actors in this chain

IslamicOpenFinance™ connects them with one contract model, one policy and one evidence trail.

Ministry of finance Debt management office Central bank Shariah authority Auditor general Investors

[Standard setters and regulators in the directory](https://islamicopenfinance.com/directory/?sector=public-sector)

Typical flow

## A typical flow, step by step

1. **Programme approval**
2. **Shariah pronouncement**
3. **Issuance**
4. **Asset register**
5. **Distributions**
6. **Audit**
7. **Redemption**

Live demo

## See it in the terminal

A product request, review and resolution with its reference number and conditions, unlocking launch (demo). Demo data

**Demo** All institutions, people, amounts and events are fictional demonstration data. Nothing here is a Shariah ruling, an offer or advice; approving a product is for each institution's own Shariah board and regulator.

Glossary

## Key terms for this sector

[Sukuk](https://islamicopenfinance.com/glossary/sukuk) [Zakat](https://islamicopenfinance.com/glossary/zakat) [Waqf](https://islamicopenfinance.com/glossary/waqf)

Other sectors

## Related sectors

[Social Islamic microfinance Small amounts, many customers and the need for low-cost, fair contracts. - Micro-murabaha - Qard hasan - Group products See the sector](https://islamicopenfinance.com/sectors/microfinance/) [Social Waqf and zakat institutions Donors and beneficiaries both need to see where each amount went. - Zakat assessment (illustrative) - Collection - Eligibility and disbursement See the sector](https://islamicopenfinance.com/sectors/waqf-zakat/) [Consumer Retail Islamic banking Customers expect instant, app-first banking; the contracts behind it still run on systems built for interest. - Murabaha personal financing - Qard and wadiah current accounts - Profit-sharing investment accounts See the sector](https://islamicopenfinance.com/sectors/retail-banking/)

## Build Government and public sector on IslamicOpenFinance™.

[Request a demo for this sector](https://islamicopenfinance.com/#start) [All sectors](https://islamicopenfinance.com/sectors/)