NIBAF Pakistan has successfully conducted Module 1 of its Islamic Banking Certificate Course (IBCC-80), providing commercial banking professionals and State Bank of Pakistan officers with structured training in the principles, contracts and product structures used in Islamic banking. The six-day module was held from September 14 to 19, 2026, at the NIBAF Pakistan Islamabad Campus.
The first module of IBCC-80 focused on building participants’ understanding of the foundations of Islamic banking and the Shariah principles that guide Islamic financial transactions. The programme was designed for professionals working in the banking sector, including representatives from commercial banks and officers of the State Bank of Pakistan. Through the week-long programme, participants covered key concepts and contractual structures that are relevant to the development and delivery of Islamic financial products.
The programme opened with a two-day session on the fundamentals of Islamic banking, held on September 14 and 15. The session was facilitated by Mufti Fawad Khan and focused on providing participants with a foundational understanding of the principles governing Islamic banking. The session formed the initial part of the module and established the conceptual basis for the more specific Islamic finance contracts covered later in the programme.
The second part of the module was conducted on September 16 and 17 and focused on Musharaka, Mudaraba, Murabaha and Ijarah. The sessions were facilitated by Dr. Rashid Mansoor and covered several important Islamic financing structures used within the banking sector. These contracts form part of the broader framework through which Islamic banks structure financing and other financial transactions in accordance with applicable Shariah principles.
The final two days of Module 1, held on September 18 and 19, focused on Salam and Istisna. Mufti Umar Amadudin served as the facilitator for these sessions. The inclusion of these contracts gave participants exposure to additional forms of Islamic finance arrangements and their underlying structures, complementing the concepts covered during the earlier sessions of the certificate course.
According to NIBAF Pakistan, the foundational week was intended to provide participants with a rigorous grounding in Shariah principles, contract mechanics and Islamic banking product structures. The training is aimed at supporting banking professionals who require both conceptual knowledge and practical understanding to work effectively within Pakistan’s Islamic banking sector.
The completion of Module 1 adds to NIBAF Pakistan’s training activities focused on strengthening professional capabilities within the banking industry. By bringing together commercial bank professionals and State Bank of Pakistan officers, the IBCC-80 programme provides a structured learning environment around Islamic banking concepts and practices. The course also reflects the continued focus on developing specialised expertise in Islamic finance among banking-sector professionals in Pakistan.
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