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 one-day specialized training is designed to provide participants with a practical understanding of the Shariah foundations, principles and governance requirements relevant to Islamic banking and Takaful. The program focuses on how Shariah principles are translated into financial products, contracts, operations and institutional practices, with particular attention to practical issues faced by Islamic financial institutions and Takaful operators.

The training is intended for professionals working in or transitioning to Islamic banking and Takaful, as well as regulators, policymakers, Shariah scholars, auditors, compliance professionals, academics and other stakeholders seeking to strengthen their understanding of Shariah-compliant financial practices.

About Kenya

Kenya is an important financial hub in East Africa and has an established banking and insurance sector. The country's financial-sector framework includes the Central Bank of Kenya (CBK) for banking supervision and regulation and the Insurance Regulatory Authority (IRA) for insurance supervision. Kenya's regulatory framework also includes provisions relevant to the operation of Takaful and Islamic financial services.

Kenya's engagement with Islamic finance also has an international dimension. The Central Bank of Kenya joined the Islamic Financial Services Board (IFSB) as an Associate Member in 2019 and has participated in Islamic-finance-related surveys, conferences and knowledge initiatives.

Benefits of Attending

By attending this training, participants will be able to:

• Develop a clear understanding of the practical and Shariah principles governing Islamic banking and Takaful.
• Understand the Shariah basis of major Islamic financial contracts and their practical application in banking and Takaful operations.
• Identify key Shariah requirements in product structuring, documentation and operations.
• Understand the role of Shariah governance, review, audit and compliance.
• Recognize common Shariah non-compliance issues and practical approaches to address them.
• Strengthen professional capacity to evaluate Islamic banking and Takaful products from a Shariah perspective.
• Gain practical insights into structuring, implementing and managing Islamic banking and Takaful products.
• Participate in practical discussions and case-based learning with an experienced Islamic finance expert.