Two days specialized training on


April 01 – 02, 2024 in Tashkent, Uzbekistan

Two days specialized training on


April 01 – 02, 2024 in Tashkent, Uzbekistan

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 Interest Banking and Finane

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 Uzbekistan

Uzbekistan is a doubly landlocked country located in Central Asia that borders the countries of Afghanistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan. Uzbekistan has a varied landscape that includes a rolling sandy desert, mountains along the border with Tajikistan, and the Aral Sea in the west. The government system is a republic under authoritarian presidential rule, with little power outside the executive branch; the chief of state is the president, and the head of government is the prime minister. Uzbekistan has a mixed economy in which there is limited private freedom, but the economy remains highly controlled by the government. Total population is Population, total 35,648,100 (Muslim 88% (mostly Sunni), Eastern Orthodox 9%, other 3%).

Training Contents


Introduction to Risk Management in Islamic Banking and Finance

  • Overview of risk types in Islamic banking
  • Sharia-compliant risk management principles
  • Regulatory framework and compliance

Sharia-Compliant Risk Identification and Assessment

  • Developing risk matrices with Islamic finance considerations
  • Integrating Maqasid al-Sharia (Objectives of Sharia) in risk assessment

Risk Mitigation Strategies

  • Utilizing Islamic financial contracts for risk diversification
  • Takaful (Islamic insurance) as a risk mitigation tool
  • The role of Wakalah and Khiyar in minimizing contractual risks.

Stress Testing in Interest-Free Finance

  • Importance of stress testing in risk management
  • Designing and conducting stress tests in compliance with Sharia principles
  • Interpreting stress test results and strategic planning

Day 2 - Essentials of Deposit Mobilization

  • Types of Interest-Free deposits
  • Strategies for attracting and retaining deposits
  • Regulatory aspects of deposit mobilization

Profit and Loss Sharing Mechanisms

  • Mudarabah and Musharakah contracts in deposit products
  • Profit distribution models
  • Managing returns and risks in PLS (Profit and Loss Sharing) accounts

Liquidity Management

  • Liquidity risk in Interest-Free banking
  • Liquidity management tools and techniques
  • Case studies on effective liquidity management

Customer Relationship Management in Deposit Products

  • Building customer trust in Interest-Free banking
  • Designing customer-centric deposit products
  • Marketing and communication strategies for deposit products
Contact Info
contact us
AlHuda CIBE FZ LLE - U.A.E (Advisory, Consulting & Capacity Building)
P.O. Box 120867, Dubai, United Arab Emirates.