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One Day Specialized Training on Operational and practical Aspects of

ISLAMIC BANKING & FINANCE

January 27, 2026 in Freetown, Sierra Leone

One Day Specialized Training on Operational and practical Aspects of

ISLAMIC BANKING & FINANCE

January 27, 2026 in Freetown, Sierra Leone

Event Summary

About AlHuda Centre of Islamic Banking & Economics

AlHuda Center of Islamic Banking and Economics (CIBE) is a pioneer organization started its efforts to promote Islamic Banking and Finance SINCE 2005. In these working years, AlHuda CIBE is acknowledged all around the world due to its excellent services and its team of dedicated professionals who are equipped to continue thriving.

AlHuda CIBE has primarily been committed to provide quality services. Based on this principal, the recognition of AlHuda CIBE is increasing leaps & bounds. It has built up a range of excellent services in the promotion of Islamic Banking and Finance into the masses such as Advisory & Consultancy, Research & Development, Education & Capacity Building, Shariah Advisory and Publications & Events.

AlHuda CIBE is increasing its outreach globally, also making a close interaction with Global market which enables to gather market information efficiently and activate service operations whenever and wherever it needed.

About Islamic Banking & 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 Shariah based Islamic Finance ensure its strength and global acceptance. Importantly the recent global financial 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.

About Sierra Leone

Sierra Leone is a West African country with a population of over 8.6 million and an economy gradually recovering and expanding, driven mainly by agriculture, mining, fisheries, trade, and small-scale private sector activity. The financial system is regulated by the Bank of Sierra Leone and consists of commercial banks, community banks, microfinance institutions, and fast-growing mobile money operators that support financial inclusion, especially in rural areas. While conventional banking remains dominant and financial depth is still limited, national policies increasingly focus on inclusion, digital finance, and SME support. Given the country’s majority-Muslim population and rising awareness of ethical finance, there is a clear opportunity for the structured introduction of Islamic banking, Islamic microfinance, and takaful to complement existing services and support inclusive, socially responsible economic growth in Sierra Leone.

Training Contents

One Day Specialized Training on Operational and practical Aspects of Islamic Banking and Finance

Training Contents:

  • Introduction of Islamic economics and finance system
  • Main Products in Islamic Finance: Murabahah, Salam, Ijarah, Mudarabah and Diminishing, Musharakah
  • Practical implication of Islamic Banking Products
  • Takaful introduction, Models brief and comparisons
  • Introduction and Conceptual Framework of Islamic Microfinance
  • Islamic Microfinance Characteristics
  • Potential and challenges for the development of Islamic Banking
Contact Info
contact us
AlHuda CIBE FZ LLE - U.A.E (Advisory, Consulting & Capacity Building) P.O. Box 120867, Dubai, United Arab Emirates.