Two Days

Registered with FAA as Training Provider

19 -20 April, 2017 at Mauri�us

Jointly Organized by

Center of Islamic Banking & Economics

Mul�-purpose Coopera�ve Society Limited

AlHuda Center of Islamic Banking and Economics (CIBE) is a pioneer organization started its

efforts to promote Islamic Banking and Finance eleven years ago. In these working years,

AlHuda CIBE is acknowledged all around the world due to its excellent services and its team of

dedicated professionals who are equipped to continue thriving.

AlHuda CIBE has primarily been committed to provide quality services. Based on this principal,

the recognition of AlHuda CIBE is increasing by leaps & bounds. It has built up a range of

excellent services in the promotion of Islamic Banking and Finance into the masses such as

Advisory & Consultancy, Research & Development, Education & Capacity Building, Shariah

Advisory and Publications & Events.

AlHuda CIBE is increasing its outreach globally also making a close interaction with Global

market which enables to gather market information efficiently and activate service operations

whenever and wherever it needed.

ABOUT MAURITIUS

ABOUT ISLAMIC BANKING & FINANCE

Islamic Banking and Finance 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

Baking and Financial Industry. The growth indicators for Islamic Banking and 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.

Mauritius with its mixed population of Europeans, Africans and Asian has a reputation for

peaceful co-existence and racial harmony, as well as economic and political stability. The island

covers an area of 1,865 square kilometers. It is now emerging as a major international business

platform in this region of the world aided by the fact that its population of 1.3 million inhabitants

has the highest adult literacy rate for the whole of Africa as a result of free education at primary

and secondary school level. Mauritius is an active player in the global Islamic finance industry.

Indeed, a combination of fiscal and non-fiscal factors has made Mauritius particularly attractive

as a jurisdiction in which to structure Islamic financial system.

.

ALHUDA CENTER OF ISLAMIC BANKING AND ECONOMICS

Riba & Its Prohibition• What is Riba (Interest)? Prohibition of Riba in Islam.• Types of Ribao Ribat ul Nissayah o Ribat ul Fadleo Riba in Modern Banking and Finance.

Islamic Economics• Introduction to Islamic Economics System.• Land, Labor, Wages and Entrepreneur Laws in Islamic

Economics.• Comparison of Islamic Economic System with

Socialism & Capitalism.

Islamic Banking and Finance industry in Mauritius• Introduction to Islamic Banking and Finance. • Overview of Islamic Banking and Financial Industry –

Worldwide. • Islamic Banking and Finance in Mauritius (Potential

and future prospects)• Islamic Banking Products in Mauritius• Shariah Perspective of Islamic Banking and Finance

Partnership Based Mode of Islamic Banking & Finance (Mudarabah & Musharakah) • Mudarabaho The basic rules and Features of Mudarabaho Distribution of Profit & Loss in Mudarabah• Musharakaho The basic rules and Features of Musharakah.o Distribution of Profit & Loss in Musharakah.• Diminishing Musharakaho Determine the Rental in Diminishing Musharakaho Unit Sale mechanism in Diminishing Musharakaho Diminishing Musharakah as Ideal product for Islamic

Housing Finance.

Trade Based Mode of Islamic Banking & Finance (Murabahah, Musawamah, Salam & Istisna) • Basic Rules & Kind of Bai (Trade) in Islamic Banking

and Finance.o Some Basic Types of Bai ( Murabahah, Salam,

Istisna, Tawarruq, Musawamah Surf, Eenna, Touliya, Wadhiaetc )

o Bai according to Quality (Bai Salah, Bai Fasid, Bai Batil, Bai Maqoof, Bai Majool, Bai Muqayaddah, Bai Mu’ajaletc)

• Murabahah o Basic Features of Murabahah

o Murabaha as financing mode o Stages involve in Murabaha Transaction. o Shariah compliance & legal documentation of Murabaha contract. o Murabaha in International Trade. o Practical aspects & issues of Murabahah• Salam & Istisnao Basics of BaiIstisna & BaiIstisnao Difference between Salam & Istisnao Practical implementation of Salam &Istisna.

Rental Based Modes of Islamic Banking & Finance • Ijarah (Islamic Lease)o Introduction and Brief Perspective of Ijarah.o Sharia’h alternative of Conventional Leasing - Ijarah. o Ijarah (Operating Lease) vs. conventional leasing

(Financial Leasing)• Sharia’h compliance of Ijaraho Legal framework & documentations for ijarah products o Basic feature of Ijarah contract & Its Operational

Mechanism• Practical aspects & Issues of Ijarah.o Practical Implementation of Ijaraho Ijarah as ideal mode for vehicle, Machinery & Fixed

asset Financing.

Takaful (Islamic Insurance)• Introduction to Takaful ( Islamic Insurance )• Structural & Operational details of Takaful,• Legal and regularity framework in Takaful.

Sukuk (Islamic Bond) • Sukuk ( Islamic Bond)• Mechanism and Structuring of Sukuk• Latest Trend in Sukuk

Risk Management in Islam Banking & Finance • Introduction of Risk and Its Management. o Concept of Risk and Its Typeo Use of Derivative, Future, Hedging & Swaps

Instruments.o Islamic Perspective for Risk Managemento Fundamentals of risk Management in Islam.• Risk Management of Islamic Banking o Type of Risk in Islamic Banking and Financial

Instruments (other than insurance) i.e. Credit Risk, Equity Risk, Market Risk, Liquidity Risk, Rate of Return Risk, Operational Risk, Political Risk, Internal Risk, External Risk etc.

Muhammad Zubair MughalManaging 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.

Speaker’s Profile

Qazi Abdul SamadShariah AdvisorBank of Khyber - Pakistan

Qazi Abdul Samad is a skilled professional with proficiency in Shari’ahadvisory, in-depth knowledge of Shari’ah Microfinance, innovative, commitment & pro-active approach to work, strong communications &analytical skills and able to manage and train others. Currently, he is workingas a Shari’ah advisor of “The bank of Khyber-Pakistan”. He is also a visitinglecturer of Islamic Financial System in Management Science Department of city university, Peshawar. He has been providing Shariah advisory and supervision to many organizations. He is an author of many articles and presented these to numerous international conferences.

Commercial & Conventional Banks

Islamic Banks &Islamic Banking Windows

Islamic Banking regulators

Asset Management Companies

Trade Associations/ Chamber of Commerce

Mudaraba and Leasing companies

Islamic Banking and Finance Universities, Research and Training Centers

Students and young professionals in Islamic Banking industry

595/- USD

Two Days Specialized Training Workshop on Islamic Banking and Finance

Two Days Specialized Training Workshop on Islamic Banking and Finance

19 -20 April, 2017 at Mauri�us

19 -20 April, 2017 at Mauri�us

QUALITY PRODUCTSAll our services meet the required standards and offer you compe��ve pricing and strict regulatory compliance.

HIGHLY SHARIAH COMPLIANCEOur services are carefully designed for strict adherence of the principles of Shariah. Every product, we offer is reviewed, approved, and overseen by highly respected and independent Shariah scholars.

SERVICES EXCELLENCEWe are commi�ed to the highest level of professionalism and strive to be respec�ul, responsive and reliable.

AlHuda CIBE FZ LLE - U.A.EP.O. Box. 120867, DubaiUnited Arab Emirates. Ph: +971 56 928 6664

AlHuda CIBE - Pakistan117-G3, Johar Town, Lahore - PakistanPh: +92 42 3544 5654, 3591 3096-8Fax: +92 42 3529 0453

Hotline: +92 331 936 0000