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Advancing Practical & Operational Excellence in Islamic Banking and Takaful

Two-Days Specialized Training on Practical and
Operational Aspects of Islamic Banking and Takaful

26–27 October, 2026
(Toronto, Canada)

Advancing Practical & Operational Excellence in Islamic Banking and Takaful

Two-Days Specialized Training on Practical and
Operational Aspects of Islamic Banking and Takaful

26–27 October, 2026
(Toronto, Canada)

Event Summary

About AlHuda CIBE

AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE – UAE) is a pioneer organization that has been promoting Islamic Banking and Finance since 2005. Over the years, AlHuda CIBE has gained international recognition for its professional services and dedicated team working to advance Islamic finance through education, research, advisory and capacity building.

AlHuda CIBE provides a range of services including:
  • Advisory & Consultancy
  • Research & Product Development
  • Education & Capacity Building
  • Shariah Advisory
  • Audit, Review & Certification
  • In-house Training & Exposure Visits
  • Publications and Events
For more information, please visit: www.alhudacibe.com

About the Training

This two-day specialized training is designed to provide participants with practical and operational knowledge of Islamic banking and Takaful. The program moves beyond theoretical concepts to examine how Shariah principles, Islamic financial contracts, products, governance frameworks and operational processes are applied in real-world financial institutions.

The training will cover key Islamic banking products and their operational workflows, product structuring, documentation, Shariah governance, risk and compliance considerations, as well as the principles and operating models of Takaful. Practical case studies, exercises, discussions and experience sharing will be incorporated throughout the program.

About Canada

Canada has a mature and diversified financial-services sector and a growing interest in ethical, Shariah-compliant and alternative financial solutions. Toronto, as Canada's leading financial centre, provides a relevant environment for professionals, financial institutions, advisors, academics and other stakeholders interested in understanding the practical development and operation of Islamic banking and Takaful.

Benefits of Attending

By attending this training, participants will be able to:
  • Develop a practical understanding of Islamic banking and Takaful principles, structures and operating models.
  • Understand the structure, documentation and operational processes of major Islamic banking products and transactions.
  • Gain practical insights into Shariah governance, compliance and internal control frameworks.
  • Identify key Shariah, operational and risk-related issues in Islamic banking and Takaful transactions.
  • Strengthen professional capabilities in Islamic financial product development, structuring and implementation.
  • Gain practical understanding of Takaful operations, including underwriting, claims management, fund management, investment, surplus and deficit mechanisms.
  • Enhance understanding of regulatory and operational considerations in Islamic banking and Takaful.
  • Learn through practical case studies, interactive discussions, experience sharing and problem-solving exercises.
  • Receive comprehensive training materials and a Certificate of Participation.

Advancing Practical & Operational Excellence in Islamic Banking and Takaful

Two-Days Specialized Training on Practical and Operational Aspects of Islamic Banking and Takaful

Training Contents

Comprehensive 2-Day Curriculum on Islamic Banking & Takaful

FOUNDATIONS AND OPERATING FRAMEWORK OF ISLAMIC BANKING

  • Introduction to Islamic Banking and Finance: concepts, principles and objectives
  • Key Shariah prohibitions: Riba, Gharar and Maysir
  • Key differences between Islamic and conventional banking
  • Role of Shariah governance, compliance and internal controls
  • Operational challenges in establishing and managing Islamic banking operations

ISLAMIC BANKING CONTRACTS AND PRODUCTS

  • Mudarabah and Musharakah: principles, structures and applications
  • Murabahah: transaction structure, documentation and operational process
  • Ijarah: asset ownership, leasing process and Shariah requirements
  • Salam and Istisna: applications and operational considerations
  • Diminishing Musharakah: structure and applications in asset/home finance
  • Wadiah, Qard and other deposit-related structures
  • Practical considerations in product development and product documentation

TAKAFUL PRINCIPLES AND BUSINESS MODELS

  • Introduction to Takaful and the concept of mutual risk sharing
  • Shariah foundations: Ta'awun, Tabarru and relevant contracts
  • Differences between conventional insurance and Takaful
  • Takaful operating models: Wakala, Mudarabah and hybrid structures
  • Structure and segregation of Participant and Operator funds

TAKAFUL OPERATIONS AND PRODUCT MANAGEMENT

  • Family Takaful and General Takaful business operations
  • Product development and Shariah-compliant product structuring
  • Underwriting principles and operational procedures
  • Claims management and claims payment mechanisms
  • Contribution collection, fund management and accounting considerations
  • Surplus distribution and deficit management
  • Investment of Takaful funds and Shariah-compliant investment considerations
  • Re-Takaful: role, structure and operational considerations

TAKAFUL GOVERNANCE, RISK AND PRACTICAL CASES

  • Shariah governance and compliance in Takaful operations
  • Risk management and operational controls
  • Regulatory and governance considerations
  • Common Shariah and operational challenges in Takaful
  • Digital Takaful and technology-enabled operations
  • Case studies on underwriting, claims, surplus and fund management
  • Interactive Q&A, experience sharing and practical problem-solving

Who should attend this Training?

  • Banking and finance professionals
  • Islamic banking practitioners & product developers
  • Insurance companies and Takaful operators
  • Financial regulators and policymakers
  • Shariah scholars, advisors and compliance experts
  • Internal and external auditors
  • Risk management, compliance & operations professionals
  • Commercial & conventional banks entering Islamic finance
  • Consultants, advisors, researchers & investors

Trainer & Methodology

Mr. Muhammad Zubair

Managing Director, AlHuda CIBE FZ LLE – UAE
Islamic Finance Expert

Delivery Methods & Fee

  • Lectures / Slide Show / Multimedia Presentations – 70%
  • Class Discussions & Experience Sharing / Q&A – 20%
  • Case Studies, Individual / Group Exercises – 10%
  • Participation Fee: CAD 795
  • Venue Sponsor: TJARA
Contact Info
contact us
AlHuda CIBE FZ LLE - U.A.E (Advisory, Consulting & Capacity Building)
P.O. Box 120867, Dubai, United Arab Emirates.