The National Institute of Banking and Finance (NIBAF) has successfully concluded its latest Islamic Banking Certificate Course (IBCC-75, Module 1), a six-day training program dedicated to building specialized expertise in Shariah-compliant banking practices and Islamic finance principles. Held from September 8 to 13, 2025, at NIBAF’s Lahore campus, the program brought together 20 officers from various commercial banks across the country, providing them with structured exposure to one of the fastest-growing segments in Pakistan’s financial system.
The course was designed to give participants a comprehensive understanding of Islamic banking, its regulatory framework, and the operational principles that distinguish it from conventional finance. With Islamic banking continuing to gain momentum in Pakistan and globally, NIBAF’s initiative aims to ensure that financial professionals are equipped with the knowledge and skills required to deliver authentic Shariah-compliant financial services.
The training was led by a distinguished panel of experts. On the first two days, Mufti Ammar Ashraf, Shariah Board Member of KT Bank Pakistan, conducted sessions that laid the foundation of Islamic finance. He emphasized the core principles that differentiate Islamic banking from conventional banking, focusing on profit-and-loss sharing models, prohibition of interest (Riba), and the ethical underpinnings of Shariah-compliant transactions.
The next two days were facilitated by Mufti Syed Sabir Hussain, Shariah Board Member of MIB, who guided participants through practical applications of Islamic banking. His sessions included detailed discussions on product structures, Shariah screening criteria, and the challenges faced by banks in ensuring compliance while meeting customer needs.
The final two days of the program were led by Syed Qutub ud Din Haider, Manager of Shariah Compliance at BankIslami Pakistan. His training modules focused on operational practices, compliance mechanisms, and the role of Shariah compliance departments in commercial banks. Participants were introduced to case studies and real-world applications, helping bridge the gap between theoretical knowledge and day-to-day banking operations.
Throughout the program, participants engaged in interactive discussions and exercises that encouraged critical thinking on how Islamic banking can contribute to sustainable financial growth. The training also emphasized the importance of innovation in Shariah-compliant products to keep pace with evolving customer expectations and global financial trends.
By bringing together officers from diverse commercial banks, the program created a platform for knowledge-sharing and collaboration within the financial sector. Participants had the opportunity to exchange perspectives on best practices, regulatory challenges, and customer engagement strategies, strengthening cross-institutional understanding of Islamic finance.
NIBAF’s Islamic Banking Certificate Course is one of its flagship offerings, consistently updated to reflect the latest developments in Shariah-compliant finance. The institute continues to play a pivotal role in supporting the State Bank of Pakistan’s vision of expanding the share of Islamic banking in the country’s financial system. With growing demand for Islamic finance products, training programs like IBCC-75 ensure that professionals across the sector are well-prepared to meet market expectations while maintaining strict adherence to Shariah principles.
The conclusion of the six-day program marks another milestone in NIBAF’s mission to build capacity in areas that are critical to Pakistan’s financial future. As Islamic banking continues to expand, such initiatives will remain central to fostering skilled professionals who can uphold both regulatory and ethical standards in the industry.
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