Opportunity
Washington Electronic Business Solution #27RQ002
Consulting Services for Shariah Compliance Evaluation of GET (529) Prepaid Tuition Plan
Posted
October 07, 2023
Respond By
October 21, 2026
Identifier
27RQ002
NAICS
541618
This opportunity is for consulting services to evaluate the Shariah compliance of Washington's GET (529) Prepaid Tuition Plan for Muslim families. - Government Buyer: - Washington Student Achievement Council (WSAC) - OEMs and Vendors: - No specific OEMs or commercial vendors are named; the solicitation seeks a qualified consulting firm - Products/Services Requested: - Consulting services to assess Shariah compliance of the GET (529) Prepaid Tuition Plan - Expertise required in Islamic finance, Shariah compliance, investment analysis, and higher education savings programs - Unique or Notable Requirements: - Demonstrated experience in Islamic finance and education savings programs - Inclusion Plan and preferences under Executive Order 18-03 referenced - Evaluation must provide recommendations for compliance and suitability for Muslim families - No physical products or part numbers are involved; the focus is on professional consulting and analysis
Description
WSAC is seeking a qualified firm with expertise in Islamic finance, Shariah compliance, investment analysis, and/or higher education savings programs to evaluate whether the State's GET (529) Prepaid Tuition Plan (GET) may be considered a Shariah-compliant option for Muslim families seeking to save for future qualified higher education expenses. The solicitation includes a pre-bid conference on September 21, 2026, a deadline for submitting questions on October 7, 2026, and a response due date of October 21, 2026. The contract involves consulting services related to Islamic finance and education savings programs.