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.

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