Certified Islamic Banking Professional Program

Program Overview:

Offered by the Centre for Islamic Business & Finance (CIBF) at IoBM, in collaboration with
international partners, this program equips banking professionals with essential knowledge
of Islamic banking principles, Islamic economic and finance contracts, and Shariah-compliant
applications. It also provides strategic insights for transitioning conventional banking portfolios
into Islamic frameworks, aligned with global standards.

Program Objectives:

Understand philosophical foundations of Islamic Banking.
Understand prohibitions in Islamic economics to avoid the practices in Islamic Banking.
Learn the principles and guidelines of Islamic economic contracts.
Comprehend practical application of Islamic economic contracts across key banking areas:
Retail, Commercial, SME, Consumer, Treasury, Trade Finance, and Pool Management.
Transform Conventional finance portfolio into Islamic form.

Why Choose Us?

Our program is led by highly qualified faculty, comprising distinguished academicians and seasoned industry leaders. The program blends theory with real-world insights, equipping you with the latest tools to thrive in the Islamic banking sector.

Program Outline:

• Foundations of Conventional & Islamic Economics, Banking & Finance
• Sources of Shariah
• Major Prohibitions in Islamic Economics
• Overview of Shariah Governance & Regulatory Standards
• Islamic Law of Contracts
• Concept & Operations of Takaful
• Islamic Commercial & SME Banking Applications
• Islamic Consumer Banking Applications
• Trade Finance Operations in Islamic Banking
• Treasury Operations & Management in Islamic Banking
• Islamic Retail Banking Applications
• Deposit & Pool Management in Islamic Banking
• Islamic Transformation & Conversion of Conventional Banking Portfolio

Who Should Attend?

• Retail Banking Ocers/Managers
• Corporate & SME Relationship Ocers/Managers
• Trade Finance Ocers/Managers
• Treasury Ocers/Managers
• Banking professionals transitioning to Islamic banking
• Risk Management Ocers /Managers
• Audit & Compliance Ocers
• Senior executives in the financial industry
• Faculty Members
• Individuals seeking knowledge of Islamic Banking &
Islamic Transformation of Conventional Banking

About IoBM - Centre for Islamic Business & Finance (CIBF):

CIBF is a pioneer in Islamic finance education in Pakistan, dedicated to promoting excellence in Islamic banking practices. This program reflects IoBM’s commitment to bridging academia and industry in collaboration with international partners to drive innovation and ethical practices in Islamic banking.

Program Fees

PKR 120,000
(Scholarship Available)

Program Duration:

16 Sessions of 3 Credit Hours Each
Total 48 credit hours (flexible schedule)

Venue

Institute of Business Management, Korangi Creek, Karachi-75190

Registration

For enrolment and further details, please reach out to:
director.cibf@iobm.edu.pk

Session Wise Course Outline

Session 1:

Foundations of Conventional & Islamic Economics, Banking & Finance

Session 2:

Sources of Shariah
Major Prohibitions in Islamic Economics – Riba & Gharar

Session 3:

SBP’s Shariah Governance Framework
Overview of AAOIFI Shariah, Accounting, Auditing, Governance & Ethical Standards
Overview of IFSB Standards

Session 4:

Islamic Law of Contracts I – Introduction
Islamic Law of Contracts II – Sale Contracts

Session 5:

Islamic Law of Contracts III – Rental Contracts
Islamic Law of Contracts IV – Partnership Contracts

Session 6:

Islamic Law of Contracts V - Supplementary / Supporting Contracts
Islamic Law of Contracts VI – Benevolent Contracts

Session 7:

Concept & Operations of Takaful
Islamic Commercial & SME Banking Applications I

Session 8:

Islamic Commercial & SME Banking Applications II

Session 9:

Islamic Consumer Banking Applications

Session 10:

Trade Finance Operations in Islamic Banking

Session 11:

Treasury Operations & Management in Islamic Banking

Session 12:

Islamic Retail Banking Applications

Session 13:

Deposit & Pool Management in Islamic Banking
Introduction to Deposit Products in Islamic Banking,
Concept of Pool Management,
Types of Pools
Rules for Pool Management
Concept of Weightage
Profit Calculation Methods
Derivation of Weightages
Profit Calculation

Session 14:

Overview of Islamic Transformation & Conversion of Conventional Banking Portfolio in
Pakistan
SBP’s Guidelines for Conversion of Conventional Banks into Islamic - Broad Parameters
Islamic Transformation & Conversion of Conventional Branches
Islamic Transformation & Conversion of Conventional Current, Saving & Term Deposit
Accounts

Session 15:

Islamic Transformation & Conversion of Conventional Commercial Financings
Islamic Transformation & Conversion of Conventional Consumer Financings

Session 16:

Islamic Transformation & Conversion of Conventional Trade Financing Operations
Islamic Transformation & Conversion of Conventional Treasury Operations
Islamic Transformation & Conversion of IT & Systems