The National Institute of Banking and Finance (NIBAF) Pakistan organized a focused two-day capacity building program designed specifically for Shariah scholars, aimed at strengthening their professional knowledge and practical understanding of financial sector requirements. The program was successfully held at the NIBAF Karachi Campus on 1–2 October 2025.
Led by Dr. Mufti Muhammad Yunas Ali, the intensive training session brought together Shariah scholars from various Madaris, providing them with a structured platform to engage with contemporary financial practices while aligning them with Islamic principles. The face-to-face format encouraged direct interaction, enabling participants to delve into pressing challenges and opportunities within the growing landscape of Islamic finance.
This program comes at a time when Pakistan’s financial sector is rapidly evolving, with increasing demand for Shariah-compliant banking and financial solutions. The participation of scholars from diverse backgrounds reflects the commitment to building a pool of well-equipped professionals who can address emerging challenges and guide financial institutions in adopting frameworks consistent with Islamic jurisprudence.
During the sessions, participants gained insights into how Shariah principles can be effectively applied to modern financial products and services. The discussion highlighted the importance of developing innovative yet compliant solutions that meet the expectations of consumers while adhering to religious guidelines. Scholars were also encouraged to explore how digital finance and emerging technologies are influencing the sector, ensuring their understanding remains relevant in a digital-driven economy.
Dr. Mufti Muhammad Yunas Ali emphasized the importance of bridging the gap between theoretical Shariah knowledge and practical financial applications. His guidance underscored the role of Shariah scholars in ensuring that the banking and finance sector maintains integrity while keeping pace with global advancements.
The training also reinforced the strategic role of NIBAF in capacity development across the country’s banking ecosystem. By offering specialized programs, NIBAF continues to build a knowledge-based foundation for professionals and institutions to navigate the challenges of modern finance within the Shariah framework.
For many participants, this program was not just a learning exercise but also a valuable networking opportunity, enabling cross-institutional collaboration and exchange of ideas. Such initiatives are expected to create a ripple effect, where scholars play a more active role in shaping the future of Islamic finance in Pakistan, contributing to both institutional growth and broader financial inclusion.
With Islamic finance gaining momentum worldwide, the contribution of trained Shariah scholars will be central in ensuring sustainable development. Programs like this underline Pakistan’s commitment to strengthening human capital in the financial sector and equipping professionals with the tools needed to balance tradition with modernity.
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