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 2005. 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 Advisory and consultancy, research and development, education and capacity building, Shariah advisory, publication and events all over the world.

AlHuda CIBE is supported by many national and international organizations and institutions as Strategic Partners support and our Alumni have spread over 100+ countries. We are proud to stand among world's largest presences for capacity building, trainings, consultancy and other services.

About Akhuwat

Akhuwat is a non-profit and non-governmental organization working for poverty alleviation in Pakistan. Through its core programme of interest-free microfinance, Akhuwat has disbursed $600 million in loans among the poor, 98% of which have been used to launch or expand small businesses. By leveraging philanthropy and volunteerism, partnerships with government, and a low-cost delivery model, it is pioneering a new financially sustainable approach to microfinance. It has repayment rates of almost 100% and has served 2.5 million low-income families through interest-free microfinance. Based on the spirit of solidarity with the poor, Akhuwat is currently world’s largest interest free microfinance programme.

Pakistan Microfinance Network (PMN)

The Pakistan Microfinance Network (PMN or ‘the Network’), the national association for retail players in the microfinance industry, was established as an informal group by industry practitioners in 1997, under the name Microfinance Group-Pakistan [MFG-P]. At the time, the group was focused on coordinating dialogue and lateral learning opportunities between members. Over time, with the increase in the nature and level of activities, and membership, the setup was registered with the Securities and Exchange Commission [SECP] in April 2001 under the Companies Act. It has since been known as the Pakistan Microfinance Network. Currently the network strength stands at 46 Microfinance Providers including Microfinance Banks (regulated by SBP) and Non-Bank Microfinance companies (regulated by SECP).

About Training & Background

Pakistan’s microfinance sector has played a critical role in advancing financial inclusion. However, a significant portion of the population remains excluded due to religious concerns regarding interest-based financial products. Islamic finance offers a viable alternative by promoting equity, risk-sharing, and ethical financial practices aligned with Shariah principles.

With increasing demand for Shariah-compliant financial services, there is a growing need for microfinance institutions (MFBs & MFIs) to develop capacity in Islamic finance. This includes understanding Shariah principles, developing compliant products, and strengthening governance frameworks.

This training, in collaboration with AlHuda CIBE, Akhuwat & PMN, aims to equip mid and senior management professionals with practical knowledge and tools to design, implement, and scale Islamic microfinance operations. The program also includes an exposure/field visit to Akhuwat University to provide participants with exposure to a successful interest-free microfinance model in Pakistan.