NIBAF Pakistan successfully conducted a two-day capacity building program focused on Islamic banking, aimed at enhancing the understanding and application of Shariah-based financial principles among government officials and academics. The program was held from December 10 to 11, 2025, at NIBAF Pakistan’s Lahore Campus and brought together a total of 32 participants from various government departments and academic institutions.
The training was delivered by Mufti Sabir Hussain, Resident Shariah Board Member at MCB Islamic Bank, and Mr. Imran Yusuf Sheikh, Head of Business Transformation at Faysal Bank Ltd. Their expertise provided participants with a comprehensive overview of Islamic banking concepts, operational frameworks, and regulatory requirements essential for implementing Shariah-compliant financial initiatives.
Over the course of the two-day program, participants engaged with key topics including the principles of Shariah-compliant finance, Islamic banking product structures, and risk management within Islamic financial institutions. The sessions combined theoretical instruction with practical examples, enabling participants to better understand how to apply these principles effectively in their respective roles within government departments and academia.
The program also focused on capacity building in strategic areas, such as integrating Islamic finance into public sector operations, evaluating compliance with Shariah standards, and supporting policy formulation related to Islamic banking initiatives. Participants gained practical insights into how Islamic financial products, such as Sukuk, Murabaha, and Ijara instruments, can be structured and monitored in alignment with Shariah guidelines.
NIBAF Pakistan emphasised that such training initiatives are critical to strengthening institutional capacity in the public sector, particularly as Pakistan’s financial ecosystem continues to expand its Islamic banking offerings. By equipping officials and academics with the knowledge to navigate Shariah-compliant banking frameworks, the institute aims to support informed policy-making, regulatory oversight, and enhanced financial literacy.
Feedback from participants highlighted the value of direct engagement with industry experts and the hands-on approach adopted during the training. Discussions around real-world applications, challenges in regulatory compliance, and strategies for promoting Islamic banking within government initiatives were particularly appreciated, fostering a collaborative learning environment.
The training aligns with NIBAF Pakistan’s broader mandate to build capacity across the financial sector and public institutions, ensuring that officials are well-prepared to engage with evolving banking trends and Shariah-compliant financial practices. By providing structured learning experiences, NIBAF continues to strengthen the knowledge base of professionals responsible for implementing and supporting Islamic banking initiatives in Pakistan.
The successful completion of this two-day program underscores NIBAF Pakistan’s commitment to fostering expertise in Islamic finance and enhancing the capacity of government officials and academics to contribute effectively to the country’s growing Islamic banking sector.
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