The National Institute of Banking and Finance (NIBAF), in collaboration with Bank Alfalah, successfully conducted the 74th Islamic Banking Certification Course (IBCC-74) tailored exclusively for the bank’s officers. This initiative reinforces the growing focus on enhancing Islamic finance expertise across Pakistan’s banking landscape.
Held from August 1 to August 2, 2025, the two-day certification program took place at the Bank Alfalah Learning Center in Karachi. The course featured in-depth sessions led by two of the country’s most recognized Islamic finance scholars—Mufti Mohib ul Haq Siddiqui and Mufti Ovais Ahmed Qazi—who brought their comprehensive expertise in Shariah-compliant banking to the training.
The course was attended by officers from Bank Alfalah, one of Pakistan’s leading financial institutions with a growing focus on Islamic banking services. The training was designed to deepen participants’ understanding of core Islamic banking principles, regulatory frameworks, and practical applications in day-to-day operations.
The Islamic Banking Certification Course is part of a broader strategy by NIBAF to expand industry-specific skill development among professionals working in Shariah-compliant financial services. By organizing specialized training programs in partnership with commercial banks, NIBAF aims to bridge the knowledge gap in Islamic finance and align banking practices with evolving regulatory and market expectations.
Over the two days, participants engaged in interactive learning modules covering essential aspects such as Islamic modes of financing, product structures, risk mitigation techniques, and ethical considerations in financial transactions. The course also addressed recent trends and innovations in the Islamic finance sector, reflecting the dynamic changes in both domestic and international banking markets.
NIBAF has consistently positioned itself as a central platform for advancing professional banking education in Pakistan. Through initiatives like IBCC, the institute plays a critical role in equipping bankers with the tools and knowledge needed to thrive in a competitive and compliant Islamic finance environment.
This program not only signifies a commitment from Bank Alfalah towards developing internal capacity in Islamic finance but also highlights the institution’s continued investment in professional growth and sectoral leadership. The partnership between NIBAF and Bank Alfalah underlines a shared vision to promote responsible and Shariah-aligned banking practices in the country.
As demand for Islamic financial services continues to grow among Pakistan’s population, programs like IBCC are instrumental in maintaining industry standards and enhancing the credibility of Islamic banking institutions. This initiative marks another milestone in NIBAF’s ongoing efforts to support the professionalization of Islamic finance and contribute meaningfully to the country’s financial ecosystem.