Two Days Specialized Training Workshop on

Interest-Free Banking, Takaful & Islamic Microfinance

December 19 - 20, 2019 - Addis Ababa, Ethiopia

Two Days Specialized Training Workshop on

Interest-Free Banking, Takaful & Islamic Microfinance

December 19 - 20, 2019 - Addis Ababa, Ethiopia

Event Summary

About Interest-Free Banking and Finance in Africa

Africa is the world’s second largest and most popular continent after Asia. With 1.0 billion people, it accounts for about 14.72% of the world’s human population. According to the World Book Encyclopedia, Islam is largest religion in Africa, followed by Christianity.

The region has significant potential as it is home to more than 413 million Muslims and the interest-free finance industry in Africa is rather untapped. Interest-free banking and their products are likely to be most popular in the parts of Africa comprising the highest concentration of Muslims such as North Africa, large part of West Africa and down the eastern seaboard. Interest-free banking is also expected to become attractive in countries with significant population of Muslim business persons such as in South Africa. Moving forward, expansion of interest-free banking and finance industry in Africa is expected to bring the favorable turns in trade progress and business interactions with the Middle East. Interest-free banking and finance can potentially play a part in facilitating more trade opportunities between Africa, Middle East and rest of the world with the involvement of more global and interest-free banks of both regions.

The aim of this forum is to explore the untapped market of Africa and to adopt the latest trends, challenges and opportunities in interest-free banking and finance industry in Africa. This conference will provide you with practical insights into:
  • Global efforts and achievements in interest-free Banking and Takaful.
  • This effective platform will demonstrate the flexibility of interest-free financial markets during the current financial crisis.


AlHuda Center of Islamic Banking and Economics (CIBE) is a well established name in Islamic Banking and Finance with state-of-the-art advisory, consultancy, education, training, research and product development services. AlHuda CIBE has organized number of international customized training workshops on Islamic Banking and Finance to build the capacity of young Islamic finance professionals. As a matter of fact that Pakistan keeps enough potential for the growth of Islamic Banking and Finance, AlHuda CIBE is going to organize Training workshop on Islamic Banking for capacity building in Islamic Banking Professionals.

Event Agenda

2 Days Specialized Training Workshop on Interest- Free Banking, Takaful and Islamic Microfinance


  • A Glance on Interest-Free Finance
  • Partnership Based Mode of interest-freeBanking & Finance (Mudarabah & Musharakah)
  • Trade Based Mode of interest-free Banking & Finance (Murabahah, Musawamah, Salam & Istisna)
  • Rental Based Modes of interest-free Banking & Finance (Ijarah)
  • Shariah Foundation and Applications of interest-free Banking & Finance
  • Interest-Free Microfinance at Glance
  • Recent Development in Takaful (Interest-FreeInsurance) Industry
  • Shariah Fintech- Outreach, a step forward
  • Microfinance & its Product Mechanism
  • Takaful Models and Comparisons, Co Takaful Mechanism. Re-Takaful

Our Speakers

meet our speakers

Muhammad Zubair Mughal
Managing Director, AlHuda CIBE FZ LLE – UAE (Islamic Banking Expert)
Muhammad Zubair Mughal is Managing Director of AlHuda CIBE, CEO - Islamic Microfinance Network (IMFN) and Halal Research Council in Pakistan. He has been serving the Islamic Banking and Finance industry for last 12 years with versatility in Islamic Financial Engineering, Modeling, Product Development, Market and Gap Analysis. He is dedicatedly and tirelessly working for the promotion of Islamic Finance through Education, Research, Trainings and Conferences on global canvas. He is also a Chief Editor of a magazine on Islamic Banking and Finance “True Banking” which depicts his strategic vision in Islamic Finance. Muhammad Zubair Mughal is a passionate and hardworking individual with a strategic vision in Islamic Finance. He has served number of public and private sector organizations for Islamic finance advisory and consultancy around the globe.

Don’t Forget

Our sponsors & supporters

Contact Info
contact us
AlHuda CIBE FZ LLE - U.A.E (Advisory, Consulting & Capacity Building)
P.O. Box 120867, Dubai, United Arab Emirates.

+92 331 9360000

+92 42 359 130 96 – 98

+92 42 359 130 97