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Two Days Specialized Training Workshop on

Islamic SME & Microfinance

March 01 – 02, 2024 in Muscat, Oman

Two Days Specialized Training Workshop on

Islamic SME & Microfinance

March 01 – 02, 2024 in Muscat, Oman

Event Summary

About AlHuda Center of Islamic Banking & Economics

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. More details are available at www.alhudacibe.com

About Islamic Finance:

Islamic Banking and Finance has experienced notable growth and evolution globally, with expanding reach beyond traditional Islamic finance hubs. Regulatory frameworks have been refined to provide clearer guidance, fostering a supportive environment for Islamic financial institutions. Fintech integration is on the rise, enhancing customer experiences and operational efficiency. Sustainability and ethical finance have gained prominence, with institutions focusing on environmentally responsible initiatives and social impact. Financial inclusion remains a key objective, particularly in regions with large Muslim populations. Ongoing innovation in product offerings, cross-border collaboration, and digital banking platforms reflect the industry's commitment to adaptability and accessibility. Education initiatives continue to raise awareness about the principles and benefits of interest-free banking. In response to economic challenges, Islamic banking institutions are emphasizing financial resilience and support for customers facing uncertainties, contributing to the sector's continued prominence in the global financial landscape.

About Oman:

Muscat, Oman’s port capital, sits on the Gulf of Oman surrounded by mountains and desert. With history dating back to antiquity, it mixes high-rises and upscale shopping malls with clifftop landmarks such as the 16th-century Portuguese forts, Al Jalali and Mirani, looming over Muscat Harbor. Its modern, marble-clad Sultan Qaboos Grand Mosque, with 50m dome and prodigious Persian carpet, can accommodate 20,000 people.

Training Contents

Two days specialized training on Islamic SME & Microfinance

A Glance on Islamic SME & Microfinance

  • Difference between Islamic Microfinance & Conventional Microfinance Mechanism
  • An overview of Islamic SME and Micro Finance Industry
  • Development of Islamic SME and Micro Finance

Islamic Business Law Foundation and Applications of Islamic SME and Micro Finance

  • Conceptual Framework of Islamic SME and Micro Finance
  • Islamic SME and Micro Finance Characteristics
  • Islamic SME and Micro Finance as an effective tool for poverty alleviation and social development
  • Sustainability, outreach and Problems pertaining to SME and Micro Finance Financing system

SME and Micro Finance & its Product Mechanism

  • Islamic SME and Micro Finance as effective tool of poverty alleviation & Economic Development
  • Islamic SME and Micro Finance Products Mechanisms & Compatibility with Conventional
  • Islamic Microfinance Products
  • Trade Based Modes of Islamic Microfinance (Murabahah, Salam, Istisna etc.)
  • Mechanism of Trade Based Product (Murabahah, Salam & Istisna)

Islamic SME and Micro Finance Products

  • Partnership based of Islamic SME and Micro Finance (Mudarabah & Musharakah)
  • Rental Based Mechanism/Products of Islamic SME and Micro Finance (Ijarah & Diminishing Musharakah)
  • Application of Partnership & Rental based modes in Islamic SME and Micro Finance

Different Models & Deposit Management in Islamic SME and Micro Finance

  • Definitions, Concept & Uses of Waqf, Qarz-e-Hassan, Cooperatives & Zakat in Islamic Rural & Microfinance system
  • Liability (Deposit) Management Techniques for Islamic SME and Micro Finance
  • Product Development of Islamic SME and Micro Finance Institutions

Micro Takaful (Islamic Micro Insurance) & Risk Mitigation

  • Definition of Micro Takaful. How Micro Takaful products work with Islamic SME and Micro Finance
  • Structure, Operation and Performance of Micro Takaful for Poverty Alleviation
  • Opportunities and Challenges of Micro Takaful in Islamic SME and Micro Finance
Contact Info
contact us
AlHuda CIBE FZ LLE - U.A.E (Advisory, Consulting & Capacity Building)
P.O. Box 120867, Dubai, United Arab Emirates.