Loading

Two Days Specialized Training Workshop on

Operational, Technical and Sharia Aspects of Interest-Free Banking and Finance

October 07 - 08, 2021 at Addis Ababa, Ethiopia

Two Days Specialized Training Workshop on

Operational, Technical and Sharia Aspects of Interest-Free Banking and Finance

October 07 - 08, 2021 at Addis Ababa, Ethiopia

Event Summary

About AlHuda CIBE

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 a 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 a Training workshop on Islamic Banking for capacity building in Islamic Banking Professionals.

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. Currently, Islamic banking and finance total volume has crossed $2.6 trillion globally which is expected to grow and reach $ 3.5 trillion by 2024. Globally, total 2,500 Islamic banking and financial institutions are working in every populated continent including both Muslims and non-Muslim countries. 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 observed in consequences of 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

Operational, Technical and Sharia Aspects of Interest-Free Banking and Finance

A Glance on Interest- Free Banking and Finance

  • Riba and Prohibition of Riba
  • Economics Rationale for Free Prohibition of Riba
  • Development of Interest- Free Banking and Finance
  • Operational Aspects of Interest- Free Banking and Finance
  • AAOIFI, IFSB and its role

Shariah Foundation and Applications of Interest- Free Banking and Finance

  • Conceptual Framework of Interest- Free Banking and Finance
  • Interest- Free Banking and Finance Characteristics
  • Sustainability outreach and Problems pertaining to microfinance system

Contracts for Interest- Free Banking and Finance

  • Definition of a Contract
  • Importance of a Contract
  • Why a Contract?
  • Types of a Contract
  • 1. Unilateral Contracts
  • 2. Bilateral Contract
  • Validity of a Contract

Interest- Free Banking and Finance & its Product Mechanism

  • Interest- Free Banking Products mechanisms & Compatibility with Conventional Banking Products
  • Partnership Based Interest- Free Banking (Mudarabah & Musharakah) Products
  • Trade Based Modes of Interest- Free Banking (Murabaha, Salam, Istina etc.)
  • Rental Based Products of Interest- Free Banking (Ijarah & Diminishing Musharakah)
  • Application of Trade, Partnership & Rental Based modes in Interest- Free Banking

Interest- Free Banking Product Development

  • Types of Products
  • Phases Involved in Interest-Free Product Development
  • Products Documentation

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

info@alhudacibe.com

www.alhudacibe.com