Loading

Three Days Specialized Training Workshop on

Islamic Banking, Takaful Islamic Microfinance

21 - 23 March, 2019 at Dakar, Senegal

Three Days Specialized Training Workshop on

Islamic Banking, Takaful Islamic Microfinance

21 - 23 March, 2019 at Dakar, Senegal

Event Summary

About Islamic Banking, Finance and Takaful

Islamic Banking, Finance and Takaful 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 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 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.

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

Event Agenda

Three Days Specialized Training Workshop on Islamic Banking, Takaful and Islamic Microfinance

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.
    • Sharia’h 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
    • Development of Islamic Microfinance in Pakistan/Mauritius

Takaful (Islamic Insurance)

  • Introduction to Takaful ( Islamic Insurance )
    • Takaful in Islamic Era.
    • Basic Features of Takaful.
  • Structural & Operational details of Takaful,
    • Structure of Takaful Products
    • Operation and performance of Takaful.
  • Legal and regularity framework in Takaful.
    • Organizational Principles, Basis, Value Proposition, Law, Ownership, Management Status, Management and Invest Status in Conventional Insurance and Takaful
    • Legal and Regularity requirement of Takaful.
  • Takaful Models

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.
Mr. Mbaye Dame
Founder & CEO - Ouest Africaine De Courtage, Senegal
Mr. Dame MBAYE Risk Manager, specialist in mass and ethics insurance. He has been present for 25 years in the insurance sector in Senegal. Promoter of TAKAFUL. Currently, he is the General Manager of one of the largest insurance brokerage firms with a 100% corporate capital held by himself. At the head of this firm for years, Mr. MBAYE has set up a vast network of distribution of insurance products based on banking networks and service agencies.

Mr. MBAYE is since a student of the famous AL HUDA CIBE Center with his formidable team at the image of his captain Muhammad Zubeir Since 2004. Mr. MBAYE has been carrying a project to create a TAKAFUL INSURANCE company or a MICROTAKAFUL company ... in 2019 in Senegal and then in the sub-region.
Muhammad Zubair Mughal
Managing Director, AlHuda CIBE FZ LLE – UAE (Islamic Banking Expert)
Mr. Mbaye Dame
Founder & CEO - Ouest Africaine De Courtage, Senegal

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