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One Day Specialized Training on

Operational and Practical Aspects of Islamic Banking and Finance

1st November, 2024 Washington DC, USA

One Day Specialized Training on

Operational and Practical Aspects of Islamic Banking and Finance

1st November, 2024 Washington DC, USA

Event Summary

About AlHuda Center 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.

AlHuda CIBE has primarily been committed to provide quality services. Based on this principal, the recognition of AlHuda CIBE is increasing by 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 baking and financial industry. The growth indicators for Islamic Banking and 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 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.

Training Contents

One day Specialized Training on Operational and Practical Aspects of Islamic Banking and Finance

Riba & Its Prohibition

  • What is Riba (Interest)? Prohibition of Riba in Islam.

Islamic Banking and Finance industry

  • Introduction to Islamic Banking and Finance.
  • Overview of Islamic Banking and Financial Industry – Worldwide.
  • Islamic Banking and Finance in Worldwide (Potential and future prospects)
  • Islamic Banking Products in Worldwide
  • Shariah Perspective of Islamic Banking and Finance

Trade Based Mode of Islamic Banking & Finance (Murabahah)

  • Basic Rules & Kind of Bai (Trade) in Islamic Banking and Finance.
    • Some Basic Types of Bai (Murabahah, Salam, Istisna, Tawarruq, Musawamah Surf, Eenna, Touliya, Wadhia etc)
    • Bai according to Quality (Bai Salah, Bai Fasid, Bai Batil, Bai Maqoof, Bai Majool, Bai Muqayaddah, Bai Mu’ajal etc)
  • Murabahah
    • Basic Features of Murabahah
    • Murabahah as financing mode
    • Stages involve in Murabaha Transaction.
    • Shariah compliance & legal documentation of Murabaha contract.
    • Murabahah in International Trade.
    • Practical aspects & issues of Murabahah

Partnership Based Mode of Islamic Banking & Finance (Mudarabah & Musharakah)

  • Mudarabah
    • The basic rules and Features of Mudarabah
    • Distribution of Profit & Loss in Mudarabah
  • Musharakah
    • The basic rules and Features of Musharakah.
    • Distribution of Profit & Loss in Musharakah.
  • Diminishing Musharakah
    • Determine the Rental in Diminishing Musharakah
    • Unit Sale mechanism in Diminishing Musharakah
    • Diminishing Musharakah as Ideal product for Islamic Housing Finance.

Rental Based Modes of Islamic Banking & Finance

  • Ijarah (Islamic Lease)
    • Introduction and Brief Perspective of Ijarah.
    • Shariah alternative of Conventional Leasing - Ijarah.
    • Ijarah (Operating Lease) vs. conventional leasing (Financial Leasing)

Islamic Microfinance

  • A Glance on Islamic Microfinance
    • Riba and Prohibition of Riba
    • Economics Rationale for Prohibition of Riba
    • Deference between Islamic Microfinance & Conventional Microfinance Mechanism
    • Development of Islamic Microfinance in worldwide
    • Sustainability outreach and Problems pertaining to microfinance system
  • Different Models & Deposit Management in Islamic Microfinance
    • Definitions, Concepts & Uses of Waqf, Qarz – e – Hassan, Cooperatives & Zakat in Islamic Microfinance system
    • Liability (Deposit) Management Techniques for Islamic Microfinance
Contact Info
contact us
AlHuda CIBE FZ LLE - U.A.E (Advisory, Consulting & Capacity Building)
P.O. Box 120867, Dubai, United Arab Emirates.