Application Of Running Musharakah In Islamic Banking

Specialized Training

Training Overview:

The Centre for Islamic Business & Finance (CIBF) at IoBM is pleased to offer a comprehensive two-day specialized training on Running Musharakah in the Pakistani Islamic banking industry. This program is designed to equip professionals with a structured, hands-on understanding of Shariah-compliant financing, focusing on its practical implementation, industry applications, and critical considerations.

Through expert-led discussions, real-world case studies, and hands-on computations, participants will gain insights into the Shariah principles, financial structures, and operational frameworks governing Running Musharakah.

Learning Outcomes:

By the end of this training, participants will:

  • Gain an in-depth understanding of the nature, purpose, and process of Running Musharakah in Pakistan.
  • Learn Shariah perspectives on Musharakah structures and their compliance requirements.
  • Explore the key features, terms, and practical applications of Running Musharakah in trading, manufacturing, and service sectors, supported by computational exercises.
  • Analyze challenges, critiques, and arguments surrounding prevalent Musharakah practices.

Who Should Attend?

This training is ideal for:

  • Banking & Finance Professionals
  • Shariah Scholars & Advisors
  • Customer Relationship Officers & Managers
  • Shariah Compliance & Audit Professionals
  • Product Development & Risk Management Teams

Training Outlines:

  • Introduction to Musharakah
  • Types of Shirkah
  • Conditions & Elements of Shirkat ul Aqd
  • Capital Structure & Profit/Loss Distribution
  • Termination, Liquidation & Management of Musharakah
  • Guarantees in Musharakah
  • Introduction to Running Musharakah
  • Salient Features & Terms of Running Musharakah
  • Process Flow with Computations for Trading & Manufacturing Companies
  • Process Flow with Computations for Service-Based Companies
  • Issues, Challenges & Scholarly Arguments in Running Musharakah

Program Fees:

PKR 25,000 (Includes training materials, refreshments, and a certificate of participation)

Program Duration:

2 Days (Includes Hands-on Exercises & Case Studies)

Special Discounts:

Early Bird Discount (Register by Feb 20) – 10% OFF

Group Discount (3+ participants from the same organization) – 15% OFF

Venue:

cibf  @IoBM, Karachi

Facilitator:

Prof. Dr. Imam Uddin
Director, Centre for Islamic Business & Finance (CIBF), IoBM, Karachi

Mr. Mujeeb Beig
Head of Product & Shariah Structuring, HBL – Islamic

Mr. Muhammad Zeeshan Farrukh
Head of Shariah Compliance, Bank Makramah Limited