Sanabel's Financial Transparency Unit was established in 2004. It aims at improving transparency and standards of practice by encouraging participation in the Microfinance Information eXchange (MIX) and the utilization of external audits, appraisals, and ratings services.
Sanabel, in collaboration with MIX, is working with MFIs in the Arab world to increase the pool of information available on Arab microfinance through the MIX Market, and produce regional benchmark analysis through yearly Arab benchmarking reports and its contribution to the MicroBanking Bulletin.
Since its establishment, Sanabel has worked at increasing the number of MFIs reporting to MIX from 6 to 25. The latest Arab Benchmarking report is attached below.