The National Institute of Banking and Finance (NIBAF) Pakistan successfully organized a comprehensive Training of Trainers (ToT) program focused on Islamic Banking and Finance. Held from May 19 to 23, 2025, at the institute’s Islamabad campus, the initiative aimed to equip university faculty members with enhanced knowledge and pedagogical skills in the ever-evolving domain of Islamic finance.
With the increasing relevance of Islamic banking in both local and global financial ecosystems, the need for academically grounded and practically proficient educators is more critical than ever. Recognizing this demand, NIBAF curated this training specifically for faculty members from various universities across Pakistan. The goal was to support the development of future professionals by ensuring their educators are well-versed in the principles, frameworks, and real-world applications of Islamic banking and finance.
The program featured a robust curriculum led by a lineup of esteemed experts and scholars known for their significant contributions to Islamic finance. Among the key trainers were Mufti Dr. Irshad Ahmad Aijaz, Mufti Dr. Asad Gul, and Dr. Karimullah. These scholars brought a blend of academic insight and practical experience, offering participants a well-rounded perspective on contemporary Islamic financial practices.
Throughout the five-day course, attendees were immersed in sessions that covered a wide array of topics including Shariah-compliant banking products, Islamic financial contracts, regulatory frameworks, and ethical considerations in finance from an Islamic perspective. Special focus was placed on pedagogical strategies, helping trainers develop methodologies for effectively delivering complex Islamic finance concepts in classroom settings.
Participants were given ample opportunities to engage in interactive discussions, case studies, and practical exercises. The structure of the program encouraged knowledge-sharing among faculty members from different institutions, fostering a collaborative academic environment and creating a network of trained professionals capable of contributing to the national Islamic banking education landscape.
The trainers emphasized the importance of aligning teaching methodologies with the dynamic nature of the global Islamic finance sector. With technological advancements and product innovations reshaping Islamic financial services, the training also touched upon how educators can integrate these developments into their curriculum to prepare students for a digitally driven Islamic banking environment.
NIBAF’s efforts come at a time when Islamic banking continues to expand its footprint in Pakistan and globally. By investing in educator training, NIBAF is laying the groundwork for a more informed and skilled workforce that can uphold the values of Islamic finance while adapting to modern banking practices. This initiative reflects a broader vision to enhance the quality and credibility of Islamic banking education in Pakistan, making it more responsive to industry demands and international standards.
The successful completion of the ToT program is a testament to NIBAF’s ongoing commitment to capacity building in the banking sector. Through such specialized training programs, the institute continues to play a pivotal role in nurturing talent that can contribute to the sustainable growth of Islamic finance in the region.