The National Institute of Banking and Finance (NIBAF) Pakistan successfully conducted a five-day intensive training program titled “Islamic Banking Professional Development Program (IBPD–27)” at its Islamabad Campus from October 20 to 24, 2025. The initiative aimed to deepen participants’ knowledge of Islamic banking principles, strengthen understanding of Shariah compliance mechanisms, and build capacity for product development in the growing Islamic finance ecosystem.
The program, now in its 27th edition, brought together professionals from various financial institutions who are directly or indirectly engaged in Islamic banking operations. Through an interactive and knowledge-driven format, the IBPD–27 provided comprehensive exposure to both theoretical frameworks and practical applications of Islamic financial systems, ensuring participants could align business operations with Shariah-based standards and industry best practices.
The five-day training was led by experienced Islamic finance practitioners and Shariah scholars. Mufti Fawad Khan conducted the first two days of the program, focusing on the fundamentals of Islamic finance, core principles of Shariah compliance, and the differentiation between conventional and Islamic banking models. His sessions emphasized the ethical and risk-sharing foundations of Islamic finance, exploring instruments such as Mudarabah, Musharakah, Ijarah, and Murabaha.
On the third day, Mr. Rashid Mansoor led an engaging session centered on the operational and governance aspects of Islamic banking. His training covered the evolving regulatory landscape, risk management practices, and the use of technology to ensure transparency and efficiency in Shariah-compliant operations. Participants were encouraged to examine case studies highlighting the integration of digital tools in modern Islamic finance, reflecting how fintech is shaping the sector’s growth trajectory.
The final two days were facilitated by Mr. Sarim Ghazi, who delved into the advanced aspects of product development and innovation in Islamic banking. His sessions guided participants through the process of designing market-oriented Islamic financial products that comply with Shariah principles while meeting consumer and business needs in a rapidly digitizing economy. The discussions included emerging trends such as Sukuk structuring, Islamic fintech solutions, and the adoption of blockchain for transparent Islamic finance operations.
Throughout the week, the program promoted interactive learning through group exercises, discussions, and scenario-based simulations, allowing participants to translate theoretical learning into real-world application. The training encouraged professionals to adopt a holistic approach to Islamic financial management, combining regulatory compliance, ethical standards, and technological integration.
NIBAF’s Islamic Banking Professional Development Program continues to play a critical role in developing skilled professionals who can contribute to the expansion and standardization of Islamic banking in Pakistan. The institute’s commitment to professional excellence aligns with the State Bank of Pakistan’s broader vision of promoting a robust and Shariah-compliant financial system across the country.
By providing specialized programs like IBPD–27, NIBAF reinforces its position as a leading institution for financial education and professional training. The growing interest in Islamic finance, both locally and globally, underscores the need for such initiatives that equip industry professionals with the expertise to navigate complex financial landscapes while adhering to ethical and faith-based principles.
As Pakistan advances toward a more inclusive and digitally enabled financial system, programs like IBPD–27 ensure that Islamic banking professionals are equipped with the necessary tools and knowledge to meet emerging market demands and regulatory expectations. The training reaffirmed NIBAF’s commitment to building a strong foundation for sustainable Islamic financial growth through continuous professional development.
Follow the PakBanker Whatsapp Channel for updated across Pakistan’s banking ecosystem.