NIBAF Pakistan has completed another milestone in its ongoing efforts to strengthen professional capacity in the Islamic finance sector. The institute concluded the Islamic Banking Certificate Course (IBCC-75 – Module 3) in Lahore, held from November 17 to 22, 2025. The program brought together approximately 20 participants from different segments of the financial industry, offering an intensive learning environment focused on strengthening understanding of Shariah-compliant banking practices. As demand for skilled professionals continues to grow alongside Pakistan’s expanding Islamic banking landscape, the course has become one of the key platforms for structured industry training.
The program was delivered by expert trainers recognized for their work in Shariah governance and Islamic financial operations. Mufti Rafey Arshraf Usmani, a Shariah Board Member at the Bank of Punjab, conducted the sessions on Day 1 and Day 3. His lectures focused on the foundations of Islamic financial jurisprudence, interpretation of key Shariah principles, and the role of Shariah boards in maintaining compliance across modern banking institutions. Participants were able to explore case studies relating to Riba, Gharar, risk-sharing structures, and the development of Islamic financial products in a regulated environment.
The training continued with sessions led by Imran Hussain Minas on Day 4 and Day 5. His contributions centered on the operational and industry-facing elements of Islamic banking, including product structuring, risk assessment mechanisms, and the practical application of Shariah-compliant financial models within commercial banks. Minas’s guidance helped participants understand the workflow behind Islamic banking services and the challenges institutions face in ensuring operational integrity while adhering to Shariah guidelines.
The six-day course was designed to bridge the gap between theoretical knowledge and practical application, a gap that has become increasingly important as Pakistan moves toward a more robust Islamic financial system. The learning modules emphasized real-world scenarios, regulatory frameworks, and emerging trends shaping the sector. Participants were encouraged to critically assess the evolution of Islamic finance in the country and examine how institutions can adapt to shifting market expectations, regulatory updates, and the broader transition away from interest-based systems.
As Pakistan continues to expand its Islamic banking footprint, professional development programs like IBCC-75 play a central role in building a strong pipeline of qualified practitioners. Training of this nature supports the wider objectives of enhancing Shariah governance standards, creating consistency in product offerings, and ensuring that banking professionals understand both the legal and ethical foundations that guide Islamic finance. Institutions such as NIBAF serve as important facilitators for knowledge-sharing and capacity-building, particularly at a time when regulatory bodies and policymakers are placing greater emphasis on strengthening human capital within the financial sector.
The successful completion of this module underscores NIBAF’s commitment to expanding high-quality educational initiatives that cater to the evolving needs of the industry. With each cohort, the Islamic Banking Certificate Course continues to foster a more informed, skilled, and capable workforce ready to contribute to Pakistan’s growing Islamic finance ecosystem. The experience also provides participants with networking opportunities and exposure to specialized insights that can enhance their professional roles.
As the sector continues its upward trajectory, the ongoing emphasis on training and learning will remain essential for ensuring sustainable growth and maintaining public confidence in Islamic banking institutions. Programs such as IBCC-75 reflect a broader national effort to strengthen technical expertise and promote consistent, transparent, and well-governed financial practices.
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