Adopted by the Project on May 14, 2024 with three Binding votes of the PMC (jdailey, Alexander, Victor) 

https://lists.apache.org/thread/1gvm4x4vk6py2qkp0ch78p2m87thvo9f

SIPs follows this pattern: 

• DISCUSS
• VOTE (with three +1 votes sufficient for passage, but strong community support is important) 
• TRACK (report back to community on progress) 
• CLOSE (once done or if abandoned) 

NOTICE to Community -  

In other Apache Top Level Projects there is the notion of a SIP (Significant Improvement Proposal).  The SIP is intended to signal that "hey, pay attention, this is important".  It does not apply to small code changes, or to features, but rather to architecture or testing frameworks, or significant efforts to be undertaken.    

A Fineract-SIP should have the following things:   

Title: Specific Idea

Summary
     the TL;DR 

...