Press Release

CEO of AlHuda CIBE UAE Delivers Lectures on Islamic Finance in Azerbaijan
CEO of AlHuda CIBE UAE Delivers Lectures on Islamic Finance in Azerbaijan

Academia-Industry Ties Vital for Islamic Banking Growth: Zubair Mughal

(September 22 2025 (Dubai – UAE)): AlHuda Centre of Islamic Banking and Economics (CIBE) continued its global mission to promote Islamic finance with a landmark knowledge-sharing initiative in Azerbaijan. Mr. Muhammad Zubair, Chief Executive Officer of AlHuda CIBE – UAE, delivered two highly impactful lectures on the Global Development of Islamic Banking & Finance at two prestigious institutions in Baku: Western Caspian University and Khazar University.

The first lecture was hosted at Western Caspian University, where Mr. Zubair addressed faculty members, students, and finance professionals on the evolution of Islamic finance globally, its current trajectory, and the significant potential it holds for emerging markets such as Azerbaijan. He highlighted how Islamic banking and finance can play a pivotal role in fostering inclusive growth, ensuring financial stability, and contributing to sustainable economic development. The second session was held at Khazar University, where Mr. Zubair engaged with a diverse audience, including academicians, researchers, policymakers, and industry practitioners. His presentation emphasized the adaptability of Islamic finance instruments like Sukuk, Takaful, and Islamic microfinance, which can support Azerbaijan’s socio-economic transformation and enhance financial inclusion.

Speaking at both universities, Mr. Zubair stated: “Islamic finance is not just an alternative financial system but a comprehensive model built on ethical values, social justice, and sustainability. Azerbaijan has great potential to integrate Shariah-compliant solutions into its financial framework, thereby attracting global investors and offering inclusive opportunities for its citizens.”

The sessions generated interactive discussions, with students and professionals showing deep interest in how Islamic banking can be customized to Azerbaijan’s context. Both universities praised the initiative as a valuable contribution toward building awareness and capacity in the field of Islamic finance.

This initiative is part of AlHuda CIBE’s global outreach efforts to promote Islamic finance knowledge and technical expertise. With a presence in more than 45 countries, AlHuda CIBE has been at the forefront of consultancy, research, and training services, aiming to bridge the gap between conventional finance and Islamic alternatives.

The Azerbaijan lectures mark another milestone in AlHuda CIBE’s journey to strengthen partnerships with universities and financial institutions worldwide, paving the way for future collaborations in education, research, and the practical implementation of Islamic financial solutions.

About Alhuda CIBE:
AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provides state-of-the-art Advisory Consultancy & Education through various well-recognized modes viz. We provide services in Islamic Financial Product Development, Shariah Advisory, Training, Islamic Microfinance, and Takaful Consultancy, complemented by our well-recognized publications in Islamic Banking and Finance.

We are dedicated to serving the community as a unique institution, advisory and capacity building since 2005. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. AlHuda has contributed to the growth of Islamic Banking and Finance in over 104 countries. Learn more at: https://www.alhudacibe.com/

For Media Contact:
Ms. Shaguftta Perveen
Manager Communications,
info@alhudacibe.com
Call: +971 52 865 5523

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