International Events on Islamic Banking & Finance 2023

Event Summary

About AlHuda CIBE

Towards the pursuance of our goal to promote Islamic banking and finance all over the globe, AlHuda Centre of Islamic Banking and Economics is working diligently since its existence 17 years ago. AlHuda CIBE has been acknowledged as a distinguished service provider due to our notable services, team of dedicated professionals and one stop solutions of Islamic banking and finance. Our aim is to provide state-of-the-art services of Islamic banking and finance. We are proud to be prominent for our following quality services all over the world.

Advisory & Consultancy
Research & Development
Education & Capacity Building
Shariah Advisory
Publications & Events

About Islamic Banking and Finance

Islamic Banking and Finance has been a hope for the purified financial system around the globe and is being considered as the best option to address the damages of interest based system in financial industry. The growth indicators for Islamic Finance ensure its strength and global acceptance. Importantly the recent global finance crises have proved the rationality behind Islamic Banking and Finance when no substantial damage to the Islamic Banking and Finance industry was evidenced in consequences of such global finance crises. Beside the appreciable growth indicators in Islamic Banking and Finance the lack of human capital and skilled personnel have been the critical areas which require immediate attention.

Event Agenda

Two Days Specialized Training on Interest-Free Banking Product Development and Risk Management

01 - 02 June, 2023 - Addis Ababa, Ethiopia

Overview of Interest-Free Banking Industry

Introduction to Interest - Free Banking and Finance.
Overview of Interest - Free Banking Industry in Ethiopia.
Interest - Free Banking and Finance in Ethiopia (Potential and Challenges)
Interest - Free Banking Products in Worldwide
Development of Interest-Free Banking Industry in Ethiopia
Shariah Perspective of Interest-Free Banking industry

Trade Based Mode of Interest - Free Banking (Murabahah)

Basic Rules & Kind of Bai (Trade) in Interest - Free Banking and Finance.
Some Basic Types of Bai (Murabahah, Salam, Istisna, Tawarruq, Musawamah Surf, Eenna, Touliya, Wadhia etc )
Bai according to Quality (Bai Salah, Bai Fasid, Bai Batil, Bai Maqoof, Bai Majool, Bai Muqayaddah, Bai Mu’ajal etc)
Murabahah
Basic Features of Murabahah
Murabahah as financing mode
Stages involve in Murabaha Transaction.
Shariah compliance & legal documentation of Murabaha contract.
Murabahah in International Trade.
Practical aspects & issues of Murabahah

Partnership Based Mode of Interest-Free Banking (Mudarabah & Musharakah)

Mudarabah
The basic rules and Features of Mudarabah
Distribution of Profit & Loss in Mudarabah
Musharakah
The basic rules and Features of Musharakah.
Distribution of Profit & Loss in Musharakah.
Diminishing Musharakah
Determine the Rental in Diminishing Musharakah
Unit Sale mechanism in Diminishing Musharakah
Diminishing Musharakah as Ideal product for Interest - Free Housing Finance.

Rental Based Mode of Interest-Free Banking

Ijarah (Interest - Free Lease)
Introduction and Brief Perspective of Ijarah.
Sharia’h alternative of Conventional Leasing - Ijarah.
Ijarah (Operating Lease) vs. conventional leasing (Financial Leasing)

Risk & Deposit Management in Interest-Free Banking

Introduction of Risk and Its Management.
Concept of Risk and Its Type
Use of Derivative, Future, Hedging & Swaps Instruments.
Islamic Perspective for Risk Management
Fundamentals of risk Management in Islam.
Risk Management of Interst-Free Banking
Type of Risk in Islamic Banking and Financial Instruments (other than insurance) i.e. Credit Risk, Equity Risk, Market Risk, Liquidity Risk, Rate of Return Risk, Operational Risk, Political Risk, Internal Risk, External Risk etc.