National Institute of Banking & Finance

State Bank of Pakistan

Islamic Banking Cer�ificate Course

Capacit� Buildings of
Shariah Scholors

Background
With the rapid expansion of Islamic Banking Industry, the demand of certified as well as
experienced Shariah Scholars has been increased manifold and is expected to further
expand in days to come. One the other hand, the number of skilled shariah professionals
available in the market is very limited.

While appreciating this requirement, as well as supporting efforts of State Bank of Pakistan
to promote Islamic banking industry in the country, NIBAF desires to develop Shariah
Scholars. The prime audience for this program includes officers working in the Islamic
Banks at different capacities; or those who possess professional degree in Islamic Finance,
but lack knowledge on banking laws and practices.

Objective
The course objectives include dissemination of knowledge on finance, banking, accounting,
economic management, and Shariah Accounting and Governance Standards to those who
are well-versed with Shariah especially on Muamlat but lack banking regulations and
practices
 National Institute of Banking & Finance
State Bank of Pakistan

Course Features and Contents:

The proposed course comprises of 10 modules having duration of 2-3 days. This program
would involve Quiz at the end of each module, whereas a comprehensive examination would
be scheduled at the end of the course. The certificates will only be awarded to those trainees
who would pass all the modules and comprehensive examination. The participants would be
evaluated for each Module separately and a Comprehensive examination would be held at
the end. Participants assigned group work requires presentation on product development
and educating the clients on Islamic banking.

Modules
Stage 1:
1. Legal and Regulatory Framework for Islamic banking system
2. Shariah Governance Framework
3. Shariah Audit and Compliance

Stage 2:
4. Product Development
5. Risk Management
6. Liquidity Management Framework

Stage 3:
7. Islamic Capital Market
8. Syndication and Project Financing
9. Trade Finance
10. Accounting in Islamic Finance

In this context, NIBAF launches the first stage of this program comprising of six days from
28th January to 4th February 2019 at its Karachi Campus (North Nazimabad).

Course Fee: Rs.48,000/- per person (Course Fee covers costs related to training
material, stationery, lunches, refreshments, evaluation & certification etc).

HEAD OFFICE
Sector H-8/1, Pitras Bokhari Road, Last date for nominations is 23rd January, 2019
Islamabad – Pakistan.
PABX : (92-51) 9269850 - 58
Fax : (92-51) 9269835 & 36
E-mail : info@nibaf.gov.pk
Contact Person
Mr. Muhammad Arif, Senior Joint Director ; E-mail: marif@sbp.org.pk
For more information please visit our website: http://www.nibaf.gov.pk