NIBAF Pakistan Strengthens Islamic Finance Expertise with Islamic Banking Professional Development Program (IBPD–29)

The National Institute of Banking and Finance (NIBAF) Pakistan successfully organized the Islamic Banking Professional Development Program (IBPD–29), a five-day comprehensive training initiative held from October 20 to 24, 2025, at its Lahore Campus. The program was designed to advance the knowledge and expertise of professionals working in the Islamic finance sector, with a focus on deepening their understanding of Shariah-compliant financial practices and enhancing their operational and managerial capabilities within Islamic banking institutions.

A total of 11 participants representing various banks across Pakistan attended the training, underscoring the growing commitment within the financial sector toward capacity building and professional excellence in Islamic banking. The IBPD–29 program served as a vital platform for fostering informed dialogue, exchanging practical experiences, and promoting industry best practices consistent with Shariah principles.

The five-day training featured an esteemed panel of trainers, each bringing extensive knowledge and practical experience from the Islamic banking landscape. The sessions on Day 1 and Day 2 were led by Mufti Tayyab Amin, Chairman of the Shariah Board at Allied Bank Limited, who provided detailed insights into Shariah principles, governance frameworks, and the operationalization of Islamic financial instruments. His lectures emphasized the alignment of banking operations with ethical and Shariah-based standards, highlighting the significance of authenticity in financial dealings.

On Day 3, the session was conducted by Mr. Imran Yousaf Sheikh from Faysal Bank Limited, who focused on practical applications of Islamic finance in contemporary banking environments. He discussed real-world challenges faced by financial institutions and shared strategies for integrating Shariah compliance with customer-centric innovation and institutional sustainability.

The final two days of the program were conducted by Mufti Rafey Arshraf Usmani, whose sessions centered on advanced topics in Islamic jurisprudence related to financial contracts, risk mitigation, and regulatory compliance. His lectures offered participants an in-depth exploration of the evolving nature of Islamic banking, including its global trends and future growth potential.

The IBPD–29 program provided participants with both theoretical understanding and applied knowledge, enabling them to contribute more effectively to their respective institutions. Interactive discussions, case studies, and scenario-based exercises were incorporated throughout the training to ensure participants developed a practical grasp of complex Shariah principles and operational strategies.

NIBAF’s continued focus on Islamic finance education reinforces its commitment to supporting the national vision for a strong, inclusive, and ethically grounded financial system. The institute has been at the forefront of developing human capital for Pakistan’s banking and financial sectors through structured learning programs, professional certifications, and specialized workshops tailored to emerging industry needs.

By conducting successive editions of the Islamic Banking Professional Development Program, NIBAF continues to play a crucial role in nurturing a new generation of Islamic banking professionals. These initiatives contribute significantly to the State Bank of Pakistan’s broader objective of promoting Islamic finance as a stable and progressive component of the country’s financial ecosystem.

The successful completion of the IBPD–29 at NIBAF Lahore marks another milestone in advancing Shariah-based financial literacy, operational excellence, and institutional collaboration across Pakistan’s banking industry.

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