The National Institute of Banking and Finance (NIBAF) Pakistan has launched the Islamic Banking Professional Development Program (IBPD – 24), a five-day initiative designed to enhance the expertise of banking professionals in the specialized field of Islamic finance and Shariah-compliant banking practices. The training program is being held from September 1 to September 5, 2025, at NIBAF’s Karachi campus and brings together a diverse group of participants, including officers from the State Bank of Pakistan (SBP) as well as various commercial banks.
This professional development program is part of NIBAF’s ongoing efforts to strengthen the capabilities of financial institutions in aligning with global Islamic finance standards. With the growing significance of Islamic banking in Pakistan’s financial landscape, the training aims to equip participants with advanced knowledge of Shariah principles, operational practices, and regulatory frameworks that govern the industry. By hosting this program in Karachi, the financial hub of the country, NIBAF is ensuring that the latest insights in Islamic banking are accessible to professionals responsible for shaping banking policies and customer practices.
The IBPD – 24 is being conducted by a panel of expert trainers who bring in-depth knowledge of both theoretical frameworks and practical aspects of Islamic banking. Their collective expertise covers areas such as Shariah-compliant financing models, Islamic contracts, risk management in Islamic banking, and the regulatory environment supporting Islamic finance in Pakistan. Through interactive sessions, case studies, and discussions, the program provides participants with practical tools that can be applied directly in their professional roles.
Participants of the program include officers from the State Bank of Pakistan, the country’s central bank, who are key in regulating and supervising the financial system, along with officers from commercial banks that are directly engaged with customers. This mix of participants fosters meaningful dialogue and exchange of perspectives, helping bridge the gap between policy-level thinking and on-the-ground implementation. Such collaboration is critical in ensuring the long-term sustainability of Islamic finance in Pakistan.
Over the years, NIBAF has built a reputation as a leading training institution for the banking sector. Its programs have consistently focused on emerging trends, compliance, and the adoption of best practices in the financial sector. With the IBPD – 24, NIBAF continues its role in supporting capacity-building initiatives that not only strengthen institutions but also build public trust in Shariah-compliant financial services.
As Islamic finance continues to expand its footprint across Pakistan and beyond, initiatives like this serve as a cornerstone in preparing the banking workforce for future challenges and opportunities. By focusing on both technical and ethical aspects of finance, NIBAF ensures that the participants walk away with a deeper understanding of how Islamic banking can contribute to financial inclusion and economic stability.
The program concludes on September 5, 2025, marking another milestone in NIBAF’s journey to enhance financial literacy and professional competence within the sector.
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