This early-2022 engagement covered financial and operational audit and outcome verification for a social impact bond project. Its structure identified Bank of Palestine as the investor, Paltel Group Foundation as the outcome funder and Juzoor as the service provider. Abu Hwaij’s scope concerned the project’s audit and verification requirements and defined metrics, within financing arrangements that linked funding obligations to agreed outcomes.
Scope of work
- Financial audit within the project scope
- Operational audit
- Outcome verification against defined metrics