The National Institute of Banking and Finance (NIBAF) Pakistan successfully concluded a two-day training program focused on Islamic finance principles and their practical application in developing microfinance products. Held at the NIBAF Islamabad Campus from November 26–27, 2025, the program was conducted face-to-face and aimed to strengthen the capacity of participants from various Microfinance Banks (MFBs) in designing Shariah-compliant financial solutions that promote sustainable financial inclusion.
The training, led by Mr. Qazi Abdul Samad, provided participants with an in-depth understanding of the foundational principles of Islamic finance and their relevance in the microfinance sector. By combining theoretical insights with practical examples, the program emphasized the integration of ethical and Shariah-compliant approaches into microfinance product design. Participants engaged in interactive sessions, discussions, and case studies that highlighted innovative strategies for aligning financial products with the values of Islamic finance while meeting the operational needs of microfinance institutions.
Key objectives of the training included equipping participants with the knowledge to develop products that address the financial needs of underserved communities, enhance customer trust, and contribute to the broader goal of financial inclusion. The sessions covered essential topics such as profit-and-loss sharing mechanisms, Shariah-compliant lending structures, risk management in Islamic microfinance, and ethical financial practices. This comprehensive approach ensures that MFBs can implement products that are both compliant with Islamic principles and sustainable from a business perspective.
Participants from various MFBs noted the value of the program in improving their understanding of Shariah-compliant frameworks and their practical application. By exploring innovative product design methods and customer-centric approaches, attendees were better prepared to contribute to the growth of Islamic microfinance in Pakistan. The training also encouraged peer learning and knowledge sharing, allowing participants to exchange ideas, experiences, and challenges encountered in their respective institutions.
NIBAF Pakistan highlighted that this program aligns with its broader commitment to capacity building across the financial sector. By offering targeted training on specialized topics such as Islamic finance, NIBAF supports the development of expertise among banking professionals, enabling institutions to offer inclusive, ethical, and sustainable financial services. The training underscores the role of education and knowledge dissemination in fostering a more resilient and innovative banking ecosystem in Pakistan.
The completion of this program represents a step forward in promoting ethical finance practices and strengthening financial inclusion through Shariah-compliant microfinance solutions. NIBAF continues to prioritize initiatives that equip financial sector stakeholders with the tools and expertise necessary to meet evolving market demands while adhering to principles of ethical and responsible banking.
Through programs like this, NIBAF Pakistan reinforces its role as a center of excellence for banking and finance education, supporting the creation of an inclusive, knowledge-driven, and ethical financial ecosystem in the country.
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