This two-day training workshop on Islamic Microfinance will be jointly organized by the Yemen Microfinance Network (YMN) and AlHuda Center of Excellence in Islamic Microfinance on September 16-17, 2012 in Sana'a, Yemen. The training aims to provide education and training to microfinance professionals on Islamic financial systems and products. It will cover topics such as the concepts and applications of Islamic microfinance, Shariah principles, product mechanisms, models of Islamic microfinance, and microtakaful. Speakers will include experts from Pakistan. Attendees will gain knowledge on global best practices and opportunities in the emerging field of Islamic microfinance.
The document summarizes the presentation by Mr. MamodeRaffick Nabee Mohomed on the Al Barakah Multi-purpose Co-operative Society Limited in Mauritius. Al Barakah was established in 1998 as an Islamic financial cooperative to provide halal financing and investment opportunities for Muslims according to Islamic principles. It operates according to the Mauritian Cooperative Societies Act and provides services like home and vehicle financing based on murabahah. While challenges remain, opportunities exist to further develop Islamic finance through cooperatives in Mauritius and projects with Al Barakah.
This document discusses opportunities and challenges for Islamic microfinance. It notes that Islamic economic principles around equality, fairness and risk sharing align well with microfinance goals of poverty alleviation and entrepreneurship. However, Islamic financial services have focused more on religious compliance than social goals, while conventional microfinance often ignores cultural sensitivities. The document then outlines various Islamic microfinance experiments in countries like Bangladesh, Pakistan and Malaysia. It identifies issues around sustainability, transparency and excluding the poorest clients. The document concludes with recommendations for Islamic banks to partner with microfinance institutions and expand rural outreach to better meet the demand for Sharia-compliant microfinance.
This document provides an overview of Islamic microfinance. It discusses key principles such as prohibiting interest (riba) and emphasizing risk-sharing. It outlines various Islamic financing modes like partnership-based (musharaka, mudaraba) and trade-based (murabaha, musawamah, salam, istisna). The document also compares Islamic microfinance to conventional microfinance, noting differences in their basis (sharia compliance vs man-made principles), relationships (partnership vs creditor-debtor), and approach to risk and profit distribution. Worldwide, the size of the Islamic finance industry has reached $950 billion, with over 70 countries having Islamic banking institutions.
The document provides an introduction to Islamic microfinance. It outlines some key differences between Islamic and conventional microfinance, including that Islamic microfinance is based on trade and partnership rather than interest/debt. Products of Islamic microfinance include modes based on trade, partnership, and rental like murabaha, musharakah, mudaraba, and ijarah. The document also discusses the progress of Islamic banking in Pakistan and worldwide.
This document discusses Islamic microfinance principles and products. It provides an overview of the basic principles of Islamic banking such as a prohibition on interest and risk sharing. It then discusses the current state of the global Islamic finance industry, noting there are over 2000 institutions in 81 countries managing over $2.3 trillion in assets. The document also summarizes key innovations and challenges within the Islamic microfinance sectors of several countries, such as Pakistan, Afghanistan, Indonesia and Yemen.
What is Islamic Microfinance? Making it a Sustainable RealityDinarStandard
Rafi-uddin Shikoh (CEO, Dinar Standard) presentation on Islamic microfinance for Ethica Institute Webinar. Topics covered:
- Global micro-finance landscape, social impact, and short comings today
- Social needs for micro-finance in Muslim majority countries
- Islamic micro-finance landscape: Key players and success stories
- Islamic micro-finance core models and structures
The document discusses the role of Islamic microfinance in poverty alleviation. It begins by establishing assumptions about poverty alleviation being a worthy goal and Islamic microfinance helping to reduce poverty. It then poses questions about why the large Islamic finance industry has not seen more social investment, whether Islamic finance innovation should include poverty alleviation, and if Islamic institutions have an obligation to invest in economic development. The document outlines how Islamic microfinance aims to make people self-reliant through practices like entrepreneurship and profit sharing. It acknowledges challenges to Islamic microfinance like high costs, funding, and asymmetric information. Finally, it provides an example of the Chicago Islamic Microfinance Project which aims to offer Sharia-compliant financing to revitalize neighborhoods
This document discusses Islamic microfinance cooperatives as a means to meet the financial needs of communities. It provides an overview of microfinance and its evolution, then discusses Islamic microfinance models including village banks, qard al-hasan, and the Grameen Bank model. The cooperative movement and credit unions are examined as viable structures for Islamic microfinance. The document presents the case study of Al Barakah Multi-purpose Cooperative Society in Mauritius, which operates as an Islamic microfinance cooperative providing various financial products and services in accordance with Islamic principles. Challenges and opportunities for projects with Al Barakah are also mentioned.
The document summarizes the presentation by Mr. MamodeRaffick Nabee Mohomed on the Al Barakah Multi-purpose Co-operative Society Limited in Mauritius. Al Barakah was established in 1998 as an Islamic financial cooperative to provide halal financing and investment opportunities for Muslims according to Islamic principles. It operates according to the Mauritian Cooperative Societies Act and provides services like home and vehicle financing based on murabahah. While challenges remain, opportunities exist to further develop Islamic finance through cooperatives in Mauritius and projects with Al Barakah.
This document discusses opportunities and challenges for Islamic microfinance. It notes that Islamic economic principles around equality, fairness and risk sharing align well with microfinance goals of poverty alleviation and entrepreneurship. However, Islamic financial services have focused more on religious compliance than social goals, while conventional microfinance often ignores cultural sensitivities. The document then outlines various Islamic microfinance experiments in countries like Bangladesh, Pakistan and Malaysia. It identifies issues around sustainability, transparency and excluding the poorest clients. The document concludes with recommendations for Islamic banks to partner with microfinance institutions and expand rural outreach to better meet the demand for Sharia-compliant microfinance.
This document provides an overview of Islamic microfinance. It discusses key principles such as prohibiting interest (riba) and emphasizing risk-sharing. It outlines various Islamic financing modes like partnership-based (musharaka, mudaraba) and trade-based (murabaha, musawamah, salam, istisna). The document also compares Islamic microfinance to conventional microfinance, noting differences in their basis (sharia compliance vs man-made principles), relationships (partnership vs creditor-debtor), and approach to risk and profit distribution. Worldwide, the size of the Islamic finance industry has reached $950 billion, with over 70 countries having Islamic banking institutions.
The document provides an introduction to Islamic microfinance. It outlines some key differences between Islamic and conventional microfinance, including that Islamic microfinance is based on trade and partnership rather than interest/debt. Products of Islamic microfinance include modes based on trade, partnership, and rental like murabaha, musharakah, mudaraba, and ijarah. The document also discusses the progress of Islamic banking in Pakistan and worldwide.
This document discusses Islamic microfinance principles and products. It provides an overview of the basic principles of Islamic banking such as a prohibition on interest and risk sharing. It then discusses the current state of the global Islamic finance industry, noting there are over 2000 institutions in 81 countries managing over $2.3 trillion in assets. The document also summarizes key innovations and challenges within the Islamic microfinance sectors of several countries, such as Pakistan, Afghanistan, Indonesia and Yemen.
What is Islamic Microfinance? Making it a Sustainable RealityDinarStandard
Rafi-uddin Shikoh (CEO, Dinar Standard) presentation on Islamic microfinance for Ethica Institute Webinar. Topics covered:
- Global micro-finance landscape, social impact, and short comings today
- Social needs for micro-finance in Muslim majority countries
- Islamic micro-finance landscape: Key players and success stories
- Islamic micro-finance core models and structures
The document discusses the role of Islamic microfinance in poverty alleviation. It begins by establishing assumptions about poverty alleviation being a worthy goal and Islamic microfinance helping to reduce poverty. It then poses questions about why the large Islamic finance industry has not seen more social investment, whether Islamic finance innovation should include poverty alleviation, and if Islamic institutions have an obligation to invest in economic development. The document outlines how Islamic microfinance aims to make people self-reliant through practices like entrepreneurship and profit sharing. It acknowledges challenges to Islamic microfinance like high costs, funding, and asymmetric information. Finally, it provides an example of the Chicago Islamic Microfinance Project which aims to offer Sharia-compliant financing to revitalize neighborhoods
This document discusses Islamic microfinance cooperatives as a means to meet the financial needs of communities. It provides an overview of microfinance and its evolution, then discusses Islamic microfinance models including village banks, qard al-hasan, and the Grameen Bank model. The cooperative movement and credit unions are examined as viable structures for Islamic microfinance. The document presents the case study of Al Barakah Multi-purpose Cooperative Society in Mauritius, which operates as an Islamic microfinance cooperative providing various financial products and services in accordance with Islamic principles. Challenges and opportunities for projects with Al Barakah are also mentioned.
The document summarizes key concepts in Islamic microfinance. It discusses the prohibition of interest (riba) and uncertainty (gharar) in Islamic finance. It also describes various contract types used in Islamic microfinance like musharakah, mudarabah, murabaha, and ijara. The document emphasizes that Islamic microfinance aims to provide financial services in accordance with Shariah principles to help purify income and alleviate poverty in a sustainable way.
The document provides an introduction to Islamic microfinance. It discusses key differences between conventional and Islamic microfinance, including the prohibition of interest and emphasis on risk sharing. It outlines various Islamic financing modes used in microfinance like murabahah, ijara, and musharakah. The document also provides examples of Islamic microfinance institutions and their experiences internationally.
ALHUDA CENTRE OF ISLAMIC BANKING & ECONOMICS IS PLEASED TO ORGANIZE AFRICAN 2 – DAYS SPECIALIZED TRAINING WORKSHOP ISLAMIC BANKING, ISLAMIC SME & ISLAMIC MICRO FINANCE on 13th & 14th June, 2014 - Ghana
Islamic finance has grown rapidly in recent decades and become a significant part of the global financial system, with estimated assets exceeding $1 trillion. There are two main models of Islamic finance - the Arab model which originated in the 1970s focused on asset management, while the Malaysian model emphasized generating financing. Malaysia in particular has been innovative in developing sharia-compliant financial instruments and a dual banking system. For Islamic finance to be economically sustainable, it must continue to interface productively with conventional finance by creating positive synergies rather than assuming competition between the systems.
This document provides information about the Global Islamic Finance Report 2021 (GIFR 2021), including its production partners, sponsors, editorial team, and table of contents. Specifically, it notes that GIFR 2021 is a joint publication between the Cambridge Institute of Islamic Finance and Ajman University Center for Excellence in Islamic Finance. It also lists the organizations and individuals that contributed to and supported the report. The document concludes by outlining the various chapters that will be included in GIFR 2021, focusing on the role of Islamic finance in a post-COVID world.
The document discusses Islamic microfinance and an upcoming conference on the topic. It provides background on the conference organizers, AlHuda CIBE and Akhuwat, and summarizes the previous 2011 conference. It then discusses the objectives and importance of Islamic microfinance, highlighting its role in poverty alleviation and ability to serve both Muslim and non-Muslim communities. The upcoming Global Islamic Microfinance Forum in Dubai is intended to further promote awareness and recognition of Islamic microfinance through sessions led by experts.
Whatisislamicmicrofinancebyqaziabdulsamad 110707045120-phpapp02Faezah Ibrahim
The document summarizes key concepts in Islamic microfinance. It discusses an international conference on Islamic microfinance and provides definitions and explanations of Islamic microfinance, its goals of providing halal financial services according to Shariah law. It also outlines important Islamic teachings related to business, including the prohibitions of interest, uncertainty, gambling, and guidelines for honesty, charity, and economic empowerment. The sources of fund collection for Islamic microfinance institutions and contracts commonly used, such as Musharakah and Mudarabah, are also summarized.
AlHuda Center of Islamic Banking and Economics is organizing a two-day specialized training workshop on Islamic banking and finance in Mauritius on August 02-03, 2017 to provide education on topics like Islamic economics, Islamic banking products and contracts, risk management, and more, with speakers including Muhammad Zubair Mughal and Qazi Abdul Samad.
This document provides information on an M&SME Islamic Banking Masterclass package. It discusses the growth of Islamic banking globally and need to better understand Islamic finance products and services. The package aims to provide training on key aspects of Islamic banking like principles, operations, contracts and governance. It offers courses on topics such as Islamic microfinance, SME financing, sukuk bonds and takaful insurance. The training is delivered through both public and private programs with the goal of helping participants master the Islamic banking industry.
This document summarizes the development of Islamic finance in the Gulf Cooperation Council (GCC) states. It finds that the GCC collectively accounts for over 40% of global shariah-compliant financial assets, led by Saudi Arabia, Kuwait, UAE, Bahrain, and Qatar. Government policy has generally facilitated Islamic finance's expansion through legislation and regulation, though some GCC states were initially cautious. The banking sector has grown rapidly, offering deposits, financing for trade, real estate, and consumer credit. Sukuk issuance and financial centers have also contributed to the industry's growth, with Bahrain emerging as a major Islamic finance hub. Overall, the GCC states have played a leading role in the global development of Islamic
This document summarizes an Islamic finance presentation on emerging opportunities for Islamic ship financing. It outlines the concepts of Islamic finance, including a prohibition on interest (riba) and a focus on profit and loss sharing. It discusses the progress of Islamic banking, current market size, and recent deals in Islamic ship financing. Structures for Islamic ship financing include existing vessel financing using an ijara (lease) structure and newbuild vessel financing using an istisna'a (procurement contract) structure. Case studies of recent Islamic ship financing deals are also presented.
The document provides an overview of the Islamic finance industry. It discusses the history and origins of Islamic finance, the key players and geographic clusters, major products and deals, and current trends. The global Islamic finance market is growing rapidly at 10-15% annually and has reached $265 billion in assets, though there remains a need for standardization and professional training to further develop the industry.
11.islamic banking a study of the relevant operating modes in current financi...Alexander Decker
This document summarizes the history and operating modes of Islamic banking. It discusses:
1) Islamic banking emerged in the 1960s/70s as an alternative to interest-based banking guided by Islamic principles. Currently there are over 300 Islamic banks worldwide.
2) The main operating modes of Islamic banking include profit and loss sharing (mudarabah), equity partnerships (musharakah), and fixed-return contracts like murabaha (cost-plus sale).
3) Murabaha contract allows banks to purchase goods for clients and sell them at a markup, functioning as a financing mechanism while avoiding interest. It has become widely used in practice.
Islamic banking a study of the relevant operating modes in current financial ...Alexander Decker
This document summarizes the history and operating modes of Islamic banking. It discusses:
1) Islamic banking emerged in the 1960s/70s as an alternative to interest-based banking guided by Islamic principles. Currently there are over 300 Islamic banks worldwide.
2) The main operating modes of Islamic banking include profit and loss sharing (mudarabah), equity partnerships (musharakah), and fixed-return contracts like murabaha (cost-plus sale).
3) Murabaha contract allows banks to purchase goods for clients and sell them at a markup, functioning as a financing mechanism while avoiding interest. It has become widely used in practice.
Islamic microfinance aims to provide sustainable solutions for poverty alleviation through ethical and moral financial practices as dictated by Islamic principles. Conventional microfinance has failed to fully reach the poorest populations, but Islamic finance emphasizes social and economic equality. Islamic microfinance is growing, with over 300 institutions operating in 32 countries. AlHuda CIBE convenes the Global Islamic Microfinance Forum to expand awareness and opportunities in the industry. The upcoming 3rd Forum in Dubai will bring together experts and practitioners to promote Islamic microfinance and find solutions to challenges like a lack of standardized policies and donor reluctance.
Global trends in islamic banking - MIM Mediterranean Economic Forum 2014Jassim Mahadik
This document summarizes global trends in Islamic banking. It discusses the growth of the Islamic banking industry from $781 billion in 2008 to an estimated $1.6 trillion in assets currently. The three main types of Islamic banking systems - full-fledged, dual, and conventional plus - are described. Recent developments include mergers and acquisitions of Islamic banks as well as moves toward centralized Sharia boards and standardization. Challenges facing the industry include a lack of risk management techniques and the need for more education and research.
This document discusses the principles of banking in Islam. It explains that in Islam, banking revolves around the word "Massraf" which means purpose, and the purpose of Islamic banking is to unite the primary factors of production - man, money, and commodities - for economic activities that benefit the community. It notes that Islamic banking does not involve lending or borrowing money and charging interest, but rather involves investment partnerships between depositors and wealth managers, with profits shared accordingly. The document cautions that simply removing interest from conventional banking is not sufficient to make it compliant with Islamic principles, as other forms of impermissible increase known as "Riba" must also be eliminated.
The document provides an overview of the global Islamic asset management sector. It finds that while the number of Islamic funds has significantly increased over the past five years, assets under management have grown only marginally and remain a small fraction of total Islamic finance assets. Malaysia, Saudi Arabia, and Luxembourg collectively host 71% of global Islamic funds. Sukuk funds outperformed benchmarks after the 2008 crisis but have struggled more recently. Achieving scale remains a key challenge for the industry.
The document discusses the global financial crisis and proposes Islamic finance as a solution. It provides background on the causes of the crisis, including risky mortgage products and loose lending practices. It then outlines several principles of Islamic finance, such as prohibitions on usury and speculation, that could have helped avoid the crisis. The finance minister of Bahrain is quoted saying that adhering to Islamic rules helped the country avoid riskier assets and weather the recession well. The conclusion argues that Islamic finance principles of linking finance to real economic activity could help reduce debt and speculation and promote stability.
This two-day workshop on Islamic microfinance in Sana'a, Yemen is jointly organized by the Yemen Microfinance Network (YMN) and AlHuda CIBE. The workshop will provide training on Islamic banking, finance, and insurance principles and their application to microfinance. It aims to educate professionals on using Islamic microfinance to alleviate poverty in Yemen, where over 30% of the population lives below the poverty line. The training will cover topics such as Shariah foundations and product mechanisms of Islamic microfinance. Attendees will gain knowledge from international scholars on global best practices and opportunities in the emerging field of Islamic microfinance.
The document provides details about a two-day specialized training workshop on Islamic microfinance that was jointly organized by AlHuda Centre of Excellence in Islamic Microfinance and Yemen Microfinance Network. The training workshop aimed to educate microfinance professionals in Yemen on Islamic microfinance and was attended by representatives from various microfinance institutions, banks, and organizations. The workshop agenda covered topics on Islamic finance principles, Islamic microfinance products and operations, case studies on best practices, and opportunities and challenges for the Islamic microfinance sector in Yemen. Participants provided positive feedback and suggested organizing longer training workshops to promote awareness of Islamic microfinance in Yemen.
The document summarizes key concepts in Islamic microfinance. It discusses the prohibition of interest (riba) and uncertainty (gharar) in Islamic finance. It also describes various contract types used in Islamic microfinance like musharakah, mudarabah, murabaha, and ijara. The document emphasizes that Islamic microfinance aims to provide financial services in accordance with Shariah principles to help purify income and alleviate poverty in a sustainable way.
The document provides an introduction to Islamic microfinance. It discusses key differences between conventional and Islamic microfinance, including the prohibition of interest and emphasis on risk sharing. It outlines various Islamic financing modes used in microfinance like murabahah, ijara, and musharakah. The document also provides examples of Islamic microfinance institutions and their experiences internationally.
ALHUDA CENTRE OF ISLAMIC BANKING & ECONOMICS IS PLEASED TO ORGANIZE AFRICAN 2 – DAYS SPECIALIZED TRAINING WORKSHOP ISLAMIC BANKING, ISLAMIC SME & ISLAMIC MICRO FINANCE on 13th & 14th June, 2014 - Ghana
Islamic finance has grown rapidly in recent decades and become a significant part of the global financial system, with estimated assets exceeding $1 trillion. There are two main models of Islamic finance - the Arab model which originated in the 1970s focused on asset management, while the Malaysian model emphasized generating financing. Malaysia in particular has been innovative in developing sharia-compliant financial instruments and a dual banking system. For Islamic finance to be economically sustainable, it must continue to interface productively with conventional finance by creating positive synergies rather than assuming competition between the systems.
This document provides information about the Global Islamic Finance Report 2021 (GIFR 2021), including its production partners, sponsors, editorial team, and table of contents. Specifically, it notes that GIFR 2021 is a joint publication between the Cambridge Institute of Islamic Finance and Ajman University Center for Excellence in Islamic Finance. It also lists the organizations and individuals that contributed to and supported the report. The document concludes by outlining the various chapters that will be included in GIFR 2021, focusing on the role of Islamic finance in a post-COVID world.
The document discusses Islamic microfinance and an upcoming conference on the topic. It provides background on the conference organizers, AlHuda CIBE and Akhuwat, and summarizes the previous 2011 conference. It then discusses the objectives and importance of Islamic microfinance, highlighting its role in poverty alleviation and ability to serve both Muslim and non-Muslim communities. The upcoming Global Islamic Microfinance Forum in Dubai is intended to further promote awareness and recognition of Islamic microfinance through sessions led by experts.
Whatisislamicmicrofinancebyqaziabdulsamad 110707045120-phpapp02Faezah Ibrahim
The document summarizes key concepts in Islamic microfinance. It discusses an international conference on Islamic microfinance and provides definitions and explanations of Islamic microfinance, its goals of providing halal financial services according to Shariah law. It also outlines important Islamic teachings related to business, including the prohibitions of interest, uncertainty, gambling, and guidelines for honesty, charity, and economic empowerment. The sources of fund collection for Islamic microfinance institutions and contracts commonly used, such as Musharakah and Mudarabah, are also summarized.
AlHuda Center of Islamic Banking and Economics is organizing a two-day specialized training workshop on Islamic banking and finance in Mauritius on August 02-03, 2017 to provide education on topics like Islamic economics, Islamic banking products and contracts, risk management, and more, with speakers including Muhammad Zubair Mughal and Qazi Abdul Samad.
This document provides information on an M&SME Islamic Banking Masterclass package. It discusses the growth of Islamic banking globally and need to better understand Islamic finance products and services. The package aims to provide training on key aspects of Islamic banking like principles, operations, contracts and governance. It offers courses on topics such as Islamic microfinance, SME financing, sukuk bonds and takaful insurance. The training is delivered through both public and private programs with the goal of helping participants master the Islamic banking industry.
This document summarizes the development of Islamic finance in the Gulf Cooperation Council (GCC) states. It finds that the GCC collectively accounts for over 40% of global shariah-compliant financial assets, led by Saudi Arabia, Kuwait, UAE, Bahrain, and Qatar. Government policy has generally facilitated Islamic finance's expansion through legislation and regulation, though some GCC states were initially cautious. The banking sector has grown rapidly, offering deposits, financing for trade, real estate, and consumer credit. Sukuk issuance and financial centers have also contributed to the industry's growth, with Bahrain emerging as a major Islamic finance hub. Overall, the GCC states have played a leading role in the global development of Islamic
This document summarizes an Islamic finance presentation on emerging opportunities for Islamic ship financing. It outlines the concepts of Islamic finance, including a prohibition on interest (riba) and a focus on profit and loss sharing. It discusses the progress of Islamic banking, current market size, and recent deals in Islamic ship financing. Structures for Islamic ship financing include existing vessel financing using an ijara (lease) structure and newbuild vessel financing using an istisna'a (procurement contract) structure. Case studies of recent Islamic ship financing deals are also presented.
The document provides an overview of the Islamic finance industry. It discusses the history and origins of Islamic finance, the key players and geographic clusters, major products and deals, and current trends. The global Islamic finance market is growing rapidly at 10-15% annually and has reached $265 billion in assets, though there remains a need for standardization and professional training to further develop the industry.
11.islamic banking a study of the relevant operating modes in current financi...Alexander Decker
This document summarizes the history and operating modes of Islamic banking. It discusses:
1) Islamic banking emerged in the 1960s/70s as an alternative to interest-based banking guided by Islamic principles. Currently there are over 300 Islamic banks worldwide.
2) The main operating modes of Islamic banking include profit and loss sharing (mudarabah), equity partnerships (musharakah), and fixed-return contracts like murabaha (cost-plus sale).
3) Murabaha contract allows banks to purchase goods for clients and sell them at a markup, functioning as a financing mechanism while avoiding interest. It has become widely used in practice.
Islamic banking a study of the relevant operating modes in current financial ...Alexander Decker
This document summarizes the history and operating modes of Islamic banking. It discusses:
1) Islamic banking emerged in the 1960s/70s as an alternative to interest-based banking guided by Islamic principles. Currently there are over 300 Islamic banks worldwide.
2) The main operating modes of Islamic banking include profit and loss sharing (mudarabah), equity partnerships (musharakah), and fixed-return contracts like murabaha (cost-plus sale).
3) Murabaha contract allows banks to purchase goods for clients and sell them at a markup, functioning as a financing mechanism while avoiding interest. It has become widely used in practice.
Islamic microfinance aims to provide sustainable solutions for poverty alleviation through ethical and moral financial practices as dictated by Islamic principles. Conventional microfinance has failed to fully reach the poorest populations, but Islamic finance emphasizes social and economic equality. Islamic microfinance is growing, with over 300 institutions operating in 32 countries. AlHuda CIBE convenes the Global Islamic Microfinance Forum to expand awareness and opportunities in the industry. The upcoming 3rd Forum in Dubai will bring together experts and practitioners to promote Islamic microfinance and find solutions to challenges like a lack of standardized policies and donor reluctance.
Global trends in islamic banking - MIM Mediterranean Economic Forum 2014Jassim Mahadik
This document summarizes global trends in Islamic banking. It discusses the growth of the Islamic banking industry from $781 billion in 2008 to an estimated $1.6 trillion in assets currently. The three main types of Islamic banking systems - full-fledged, dual, and conventional plus - are described. Recent developments include mergers and acquisitions of Islamic banks as well as moves toward centralized Sharia boards and standardization. Challenges facing the industry include a lack of risk management techniques and the need for more education and research.
This document discusses the principles of banking in Islam. It explains that in Islam, banking revolves around the word "Massraf" which means purpose, and the purpose of Islamic banking is to unite the primary factors of production - man, money, and commodities - for economic activities that benefit the community. It notes that Islamic banking does not involve lending or borrowing money and charging interest, but rather involves investment partnerships between depositors and wealth managers, with profits shared accordingly. The document cautions that simply removing interest from conventional banking is not sufficient to make it compliant with Islamic principles, as other forms of impermissible increase known as "Riba" must also be eliminated.
The document provides an overview of the global Islamic asset management sector. It finds that while the number of Islamic funds has significantly increased over the past five years, assets under management have grown only marginally and remain a small fraction of total Islamic finance assets. Malaysia, Saudi Arabia, and Luxembourg collectively host 71% of global Islamic funds. Sukuk funds outperformed benchmarks after the 2008 crisis but have struggled more recently. Achieving scale remains a key challenge for the industry.
The document discusses the global financial crisis and proposes Islamic finance as a solution. It provides background on the causes of the crisis, including risky mortgage products and loose lending practices. It then outlines several principles of Islamic finance, such as prohibitions on usury and speculation, that could have helped avoid the crisis. The finance minister of Bahrain is quoted saying that adhering to Islamic rules helped the country avoid riskier assets and weather the recession well. The conclusion argues that Islamic finance principles of linking finance to real economic activity could help reduce debt and speculation and promote stability.
This two-day workshop on Islamic microfinance in Sana'a, Yemen is jointly organized by the Yemen Microfinance Network (YMN) and AlHuda CIBE. The workshop will provide training on Islamic banking, finance, and insurance principles and their application to microfinance. It aims to educate professionals on using Islamic microfinance to alleviate poverty in Yemen, where over 30% of the population lives below the poverty line. The training will cover topics such as Shariah foundations and product mechanisms of Islamic microfinance. Attendees will gain knowledge from international scholars on global best practices and opportunities in the emerging field of Islamic microfinance.
The document provides details about a two-day specialized training workshop on Islamic microfinance that was jointly organized by AlHuda Centre of Excellence in Islamic Microfinance and Yemen Microfinance Network. The training workshop aimed to educate microfinance professionals in Yemen on Islamic microfinance and was attended by representatives from various microfinance institutions, banks, and organizations. The workshop agenda covered topics on Islamic finance principles, Islamic microfinance products and operations, case studies on best practices, and opportunities and challenges for the Islamic microfinance sector in Yemen. Participants provided positive feedback and suggested organizing longer training workshops to promote awareness of Islamic microfinance in Yemen.
The document summarizes an upcoming 3-day training workshop on Islamic Microfinance that will be held in Baku, Azerbaijan from October 8-10, 2012. The workshop is jointly organized by the Azerbaijan Micro-finance Association (AMFA) and AlHuda Center of Excellence in Islamic Microfinance. The workshop aims to educate professionals on Islamic Microfinance as an effective tool for poverty alleviation, featuring lectures on topics like Islamic banking, financing mechanisms, and microinsurance. It is expected to benefit those working in microfinance, banking, development and related fields. The document provides details on the location, objectives, program outline, speakers, registration and participation.
The document summarizes a 3-day training workshop on Islamic microfinance to be held in Baku, Azerbaijan from October 8-10, 2012. The workshop is jointly organized by the Azerbaijan Micro-finance Association (AMFA) and AlHuda Center of Excellence in Islamic Microfinance. The training aims to educate professionals on Islamic microfinance as an effective tool for poverty alleviation, especially in predominantly Muslim Azerbaijan and Caucasus & CIS countries. Topics will include the concepts and mechanisms of Islamic banking, finance, and microinsurance. Attendees will gain knowledge on developing Islamic microfinance products and models. The workshop will utilize lectures, discussions, and case studies led by expert speakers.
The document announces an upcoming training from March 5-6, 2017 at the Dusit Thani Hotel in Dubai on Islamic microfinance. It provides details on the event organizers, AlHuda Center of Islamic Banking and Economics, which has over 11 years of experience in Islamic banking and finance education and services. The training will cover fundamentals and products of Islamic micro and rural finance like Murabaha, Bai Salam, Istisna, Mudaraba, Musharaka and more. It will include lectures, discussions, and individual/group work. The target attendees are Islamic banks, microfinance institutions, universities and students. The training aims to provide quality and Shariah-compliant
The document provides information about the 4th Global Islamic Microfinance Forum organized by AlHuda Center of Islamic Banking & Economics (AlHuda CIBE) in Dubai, UAE from November 1-2, 2014. The forum aims to promote Islamic microfinance worldwide and discuss challenges and opportunities in the industry. It includes details about the objective, agenda, speakers and sponsorship opportunities of the event. Some of the topics to be discussed are the Akhuwat model of interest-free loans, use of zakat and waqf for microfinance, innovation and IT in Islamic microfinance products.
Two days Specialized Training Workshop on Islamic Micro & rural finance
For Registration & Further Details visit below links.
Nigeria: http://www.alhudacibe.com/roadshow2017/nigeria.php
4Promoting awareness of Islamic Microfinance among the masses, government and Non
Governmental Sectors and Multilateral Donor agencies.
Promote Islamic Microfinance Model which is compatible with the models being used in Conventional
Microfinance.
This document provides information about the 4th Global Islamic Microfinance Forum which was held in Dubai, UAE in 2014. It discusses the importance of promoting Islamic microfinance to alleviate poverty worldwide. The forum focused on challenges and opportunities in the Islamic microfinance industry, including funding challenges, capacity building needs, and technological innovations that could help the industry grow. It also highlights successful Islamic microfinance models from different regions and discusses how financial inclusion, social impact, and microtakaful can help empower communities through Islamic microfinance.
The two-day workshop on Islamic microfinance aimed to provide the latest knowledge and trends in microfinance from an Islamic perspective. It was organized by AlHuda Centre of Islamic Banking and Economics (CIBE), which seeks to promote Islamic banking and finance through training, education, and product development. The workshop would cover fundamentals of Islamic finance, Islamic microfinance products and structures, challenges and opportunities in the sector, and innovations in Islamic microfinance. It brought together experts from banks and regulatory institutions to discuss topics like Murabaha, Mudaraba, Ijarah, and the role of Islamic microfinance in poverty alleviation.
AlHuda CIBE in association with AL BARAKAH Multi-purpose Cooperative Society Limited & Cararia Solutions LTD is going to organize a ‘‘Two Days Specialized Training Workshop on Islamic Banking and Finance’’ on 19 – 20 April, 2017 at Mauritius. For further information please visit: http://www.alhudacibe.com/roadshow2017/mauritius.php and email: info@alhudacibe.comShow less
AlHuda CIBE is going to organize "Three Days Specialized Training Workshop on Islamic
Banking, Takaful and Islamic Microfinance" on 21 - 23 March, 2019 at Dakar, Senegal
AlHuda CIBE aims to develop Islamic microfinance through various initiatives. It connects borrowers and lenders through interest-free lending to alleviate poverty. There are over 75 Islamic microfinance institutions worldwide in countries like Afghanistan, Indonesia, and Sudan. AlHuda seeks to establish an International Islamic Microfinance Network to facilitate institutional capacity building, set Shariah compliance standards, and serve as a global voice for the industry. The network would bring together various organizations involved in Islamic microfinance.
AlHuda CIBE has several initiatives to promote Islamic microfinance, including an Islamic microfinance help desk, product development, and an online microfinancing platform. It also connects lenders and borrowers for Islamic microloans. Additionally, it has established an International Islamic Microfinance Network with over 75 member institutions worldwide that aims to build capacity, set standards, promote innovation and research, and serve as a communication channel for the industry. The network's members include Islamic microfinance institutions, support programs, consultancies, financial institutions, takaful companies, and donors who facilitate the Islamic microfinance sector.
This document provides information about an upcoming Islamic Microfinance Global Forum event. The two-day forum will include sessions on the conceptual framework and policies of Islamic microfinance, the Akhuwat model of poverty alleviation, current status and future potential of Islamic microfinance, and outreach and sustainability. There will also be a post-event workshop on the operational mechanisms and marketing strategies of Islamic microfinance. The event aims to promote awareness of Islamic microfinance and create a favorable environment for its growth.
AlHuda Centre of Islamic Banking & Economics is going to organize “Two Days Specialized Training Workshop on Islamic Microfinance” planned to be held on 20th – 21st January, 2014 at Amman - Jordan.
http://www.alhudacibe.com/jordan2014/
AlHuda CIBE is going to organize "Three Days Specialized Training Workshop on Islamic
Banking, Takaful and Islamic Microfinance" on 17 - 18 June, 2019 at Tajikistan
- We have a large team of experts in Islamic banking and finance working at AlHuda-CIBE to provide education, training, research and advisory services.
- AlHuda-CIBE seeks to promote Islamic banking and finance through various initiatives like education/training programs, publications, conferences and by working with other institutions.
- They have conducted over 100 training workshops on Islamic banking across major cities in Pakistan and also work internationally with 12 partner institutions.
M khaleequzzaman third conference al_huda_mainstreaming islamic microfinance_...snb9899
1. The document discusses mainstreaming Islamic microfinance as an inclusive approach to address issues with conventional microfinance such as weakening social collateral, mistargeting of the poorest, and high costs.
2. It recommends downscaling Islamic banks and commercial banks to provide microfinance services according to Sharia principles through linkage models with MFIs and establishing full-fledged Islamic microfinance banks.
3. Involving cooperatives and utilizing tools like zakat and sadaqah can help include the poorest clients in Islamic microfinance programs.
Similar to Islamic Microfinance Workshop Yemen (20)
AlHuda Center of Islamic Banking and Economics (CIBE) is a well established name in Islamic Banking and Finance with state-of-the-art advisory, consultancy, education, training, research and product development services. AlHuda CIBE has organized number of international customized training workshops on Islamic Banking and Finance to build the capacity of young Islamic finance professionals. As a matter of fact that Pakistan keeps enough potential for the growth of Islamic Banking and Finance, AlHuda CIBE is going to organize Training workshop on Islamic Banking for capacity building in Islamic Banking Professionals.
Uzbekistan Lessor Association (ULA) signed a Memorandum of Understanding (MoU) with AlHuda Center of Islamic Banking and Economics (CIBE), to implement promote Islamic leasing business in the country with the help of its association members.
AlHuda CIBE is pleased to announce Islamic Finance prestigious Training series in USA Titled: “Islamic Banking & Finance- 26-27 June, 2019 at Washington, DC” and “Islamic Finance & Islamic FinTech- 29-30 June, 2019 at San Francisco, USA”.
AlHuda Centre of Islamic Banking and Economics (CIBE) provides advisory, consultancy, education, training, research and product development services related to Islamic banking and finance. It has organized many international training workshops on Islamic banking and finance to build capacity. As Pakistan has potential for growth in Islamic banking, AlHuda CIBE plans to organize a training workshop there for professionals in the field. The document discusses the need to address the lack of skilled human capital in Islamic banking and finance.
AlHuda CIBE is going to organize "Global Takaful Forum" on August 26, 2019 at Istanbul - Turkey.
The objective of the event is to provide adequate knowledge and benefits of Takaful industry to the relevant market. The platform will help analyzing the problems hindering rapid development of Takaful worldwide that would surely help increasing financial inclusion.
CIS Islamic Banking and Finance Forum Auspiciously Concluded in Tashkent.
CIS Islamic Banking and Finance Forum was successfully concluded in Tashkent-Uzbekistan, yesterday. The purpose of that forum was to promote, strengthen and unite the Islamic Banking and Finance industry of the CIS countries, the theme of the forum was “CIS as new destination for Islamic Finance” which also addressed financial inclusion, fintech, Sukuk, Takaful, Islamic capital markets Islamic Microfinance, potential and opportunities of Islamic finance in CIS countries. Distinguished Speakers and industry experts from well serving organizations related to Islamic banking and finance, Islamic insurance (Takaful), and banking industry participated in the event. The aim of the forum was also to discuss the potential of Islamic finance in CIS countries, Investment avenue’s, FinTech, Sukuk, Takaful and Islamic capital markets by gathering stakeholders under one roof. The forum was organized by AlHuda Centre of Islamic Banking and Economics in partnership with multilateral organization Islamic Corporation for Development of Private Sector (ICD) – Islamic Development Bank (IsDB), Uzbekistan Bank Association.
The document provides information about an upcoming conference on Islamic banking and finance in the Commonwealth of Independent States (CIS) countries. The conference will explore the untapped potential of Islamic banking in the CIS region, and provide insights into global trends and innovations in Islamic banking, takaful, sukuk, and financial inclusion. It will take place on May 2-4, 2019 in Tashkent, Uzbekistan and include sessions on regulatory frameworks, investment opportunities, and a post-event workshop on Islamic banking, takaful and microfinance.
AlHuda Centre of Islamic Banking and Economics (CIBE) provides advisory, consultancy, education, training, research and product development services related to Islamic banking and finance. It has organized numerous international training workshops on Islamic banking and finance to build the capacity of young professionals. As the potential for Islamic banking and finance is growing in Pakistan, AlHuda CIBE plans to hold a training workshop there to provide capacity building for Islamic banking professionals.
AlHuda Centre of Islamic Banking and Economics (CIBE) provides advisory, consultancy, education, training, research and product development services related to Islamic banking and finance. It has organized many international training workshops to build the capacity of Islamic finance professionals. Given Pakistan's potential for growth in Islamic banking and finance, AlHuda CIBE plans to hold a training workshop there on Islamic banking to further develop professionals in the field. The document also notes that while Islamic finance has grown, there remains a lack of skilled human capital, which requires immediate attention.
AlHuda Centre of Islamic Banking and Economics (CIBE) is a recognized name in Islamic banking and finance Market for trainings, research and advisory over the last 13 years. The prime goal has always been to remain stick to the commitments and provide state-of the-art Advisory Consultancy and Education through various well recognized modes viz. Campus programs, Distance learning programs, Trainings Workshops, Awareness Programs and Islamic Microfinance Products Development all side by side through our distinguished and generally acceptable and known Publications in Islamic Banking and Finance. We are dedicated to serve the community as a unique institution providing trainings, education and consultancy in the field of Islamic Banking & Finance not only in Pakistan but all over the world. We have so far organized more than 300 trainings, 32 successful campus programs and training courses with numerous national and international students.
AlHuda CIBE is pleased to announce its upcoming event the "African Interest-free Banking and Finance Forum" on 6th February, 2019 followed by Post Event Workshop “Interest-Free Banking & Finance, Insurance & Microfinance” on 7th - 8th February, 2019 at Addis Ababa, Ethiopia. The aim of this forum is to address the latest trends, challenges, and opportunities in Finance Industry of Africa.
The aim of this forum is to address the latest trends, challenges and opportunities in Islamic Financial Industry of Africa. This forum will also give an opportunity to all the institutions, organizations and professional to network and exchange business ideas.
AlHuda CIBE going to organize Two days specialized training workshop on Islamic Banking & Finance in Azerbaijan
E: info@alhudacibe.com
http://www.alhudacibe.com/conference2018/
AlHuda CIBE going to organize Two days specialized training workshop on Islamic Banking & Finance on 06-07 September, 2018 at London - United Kingdom
E: info@alhudacibe.com
http://www.alhudacibe.com/conference2018/IBFUK/
The document summarizes information about AlHuda Centre of Islamic Banking and Economics (CIBE), an organization that promotes Islamic banking and finance. It discusses AlHuda CIBE's services and recognition over its 11 years of operations. It also provides background information on the Philippines, Islamic banking and finance, and the agenda for AlHuda CIBE's two-day specialized training event on Islamic banking and microfinance in Marawi, Philippines.
This document provides information about a two-day training workshop on Islamic microfinance and agriculture finance that will take place from July 27-28, 2018 in Nairobi, Kenya. It will be hosted by AlHuda CIBE, an organization dedicated to promoting Islamic banking and finance. The training will cover various Islamic microfinance products and mechanisms, innovations in the field, and ways to strengthen institutions that provide poverty alleviation. It is aimed at professionals working in Islamic banking, microfinance organizations, and universities. The document provides contact information, pricing details, and an invitation for interested individuals to register.
AlHuda CIBE going to organize Two days specialized training workshop on Islamic Banking & Finance on 18-19 October, 2018 at Canada.
E: info@alhudacibe.com
http://alhudacibe.com/conference2018/canada/
More from Alhuda Centre of Islamic Banking & Economics (20)
How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
Chapter wise All Notes of First year Basic Civil Engineering.pptxDenish Jangid
Chapter wise All Notes of First year Basic Civil Engineering
Syllabus
Chapter-1
Introduction to objective, scope and outcome the subject
Chapter 2
Introduction: Scope and Specialization of Civil Engineering, Role of civil Engineer in Society, Impact of infrastructural development on economy of country.
Chapter 3
Surveying: Object Principles & Types of Surveying; Site Plans, Plans & Maps; Scales & Unit of different Measurements.
Linear Measurements: Instruments used. Linear Measurement by Tape, Ranging out Survey Lines and overcoming Obstructions; Measurements on sloping ground; Tape corrections, conventional symbols. Angular Measurements: Instruments used; Introduction to Compass Surveying, Bearings and Longitude & Latitude of a Line, Introduction to total station.
Levelling: Instrument used Object of levelling, Methods of levelling in brief, and Contour maps.
Chapter 4
Buildings: Selection of site for Buildings, Layout of Building Plan, Types of buildings, Plinth area, carpet area, floor space index, Introduction to building byelaws, concept of sun light & ventilation. Components of Buildings & their functions, Basic concept of R.C.C., Introduction to types of foundation
Chapter 5
Transportation: Introduction to Transportation Engineering; Traffic and Road Safety: Types and Characteristics of Various Modes of Transportation; Various Road Traffic Signs, Causes of Accidents and Road Safety Measures.
Chapter 6
Environmental Engineering: Environmental Pollution, Environmental Acts and Regulations, Functional Concepts of Ecology, Basics of Species, Biodiversity, Ecosystem, Hydrological Cycle; Chemical Cycles: Carbon, Nitrogen & Phosphorus; Energy Flow in Ecosystems.
Water Pollution: Water Quality standards, Introduction to Treatment & Disposal of Waste Water. Reuse and Saving of Water, Rain Water Harvesting. Solid Waste Management: Classification of Solid Waste, Collection, Transportation and Disposal of Solid. Recycling of Solid Waste: Energy Recovery, Sanitary Landfill, On-Site Sanitation. Air & Noise Pollution: Primary and Secondary air pollutants, Harmful effects of Air Pollution, Control of Air Pollution. . Noise Pollution Harmful Effects of noise pollution, control of noise pollution, Global warming & Climate Change, Ozone depletion, Greenhouse effect
Text Books:
1. Palancharmy, Basic Civil Engineering, McGraw Hill publishers.
2. Satheesh Gopi, Basic Civil Engineering, Pearson Publishers.
3. Ketki Rangwala Dalal, Essentials of Civil Engineering, Charotar Publishing House.
4. BCP, Surveying volume 1
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPRAHUL
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
environment for investigating the changes in vegetation cover dynamics. Our study utilizes
advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
The complex relationship between human activities and the environment has been the focus
of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
more evident. A crucial element of this impact is the alteration of vegetation cover, which plays a
significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
Gender and Mental Health - Counselling and Family Therapy Applications and In...PsychoTech Services
A proprietary approach developed by bringing together the best of learning theories from Psychology, design principles from the world of visualization, and pedagogical methods from over a decade of training experience, that enables you to: Learn better, faster!
1. Two Days Specialized Training Workshop on
Islamic Microfinance
(Including Islamic Banking, Islamic Finance and Islamic Insurance)
16th & 17th September, 2012 in Sana’a, Yemen
Jointly Organized By
Yemen Microfinance Network (YMN) AlHuda Center of Excellence
in Islamic Microfinance
Islamic Microfinance – an incredible tool to Alleviate Poverty!
2. Chairman Message
Dear Colleague's and YMN
Members:
I am So Proud to be a member
of YMN as a Chairman. I have
Training Summary had the privilege of working
with dedicated and talented
employees who make our
Yemen has a population size of 23 Million, Network an innovative and
one of the most ethnically homogenous in successful institution.
the region, with 3% population annual It gives me immense pleasure to present the Islamic
Microfinance and Islamic Finance training
growth rate. 71% of the population lives in workshop that will be held in Sana'a this September
the rural and 29% in urban areas. 34.8% with cooperation of (AlHuda-CIBE) Center of
live below the poverty line. Overall, social Islamic Banking & Economics of Pakistan
and economic circumstances in Yemen It is clear that the demand for Islamic finance has
create a homogenous traditional society increased which is a major opportunity for the
growth of the industry and gets awareness about it
where many decisions are influenced by from highly learned and experienced professionals
the religious considerations. So, Islamic and be the leaders of Islamic Microfinance in Arab
Microfinance would be highly accepted region. Therefore, promoting the awareness of
there and would ultimately help in Islamic Microfinance among the region.
reducing poverty of Yemen. More than ever, we extend our best wishes for the
success of the training and the ultimate benefit for all
the Yemenis from the widespreading Microfinance
Islamic Microfinance is an emerging Industry .
market in the field of Islamic finance, so
there is an immediate need to educate, Best Regard
train and conduct market study and Mohammed Al Lai
awareness campaigns on this subject.
The aim of this training is to provide
edification and trainings to Microfinance & About AlHuda CIBE
Finance Professional with an additional
opportunity for their educational uplift AlHuda Center of Excellence in Islamic Microfinance
under Islamic financial system. An is an initiative of AlHuda CIBE. AlHuda CIBE is a well
established name in Islamic financial Market which
individual would be able to learn new is working in the field of Islamic Banking and Finance
techniques and opportunities in this field. from the last 7 years in Pakistan and around the
globe. It is the pioneer organization to start effort for
the promotion of Islamic Banking and Finance in
masses through Advisory and Consultancy,
Education, Trainings, Awareness, Product
Development and Publications.
About Yemen Microfinance
Network
The Yemen Microfinance Network (YMN) was
established in 2009 as a result of a joint project
between the Social Fund for Development (SFD)
and the United Nations Development Program
(UNDP) aimed at establishing the first professional
microfinance association. The YMN focuses on
training and capacity building of microfinance
practitioners, increase transparency in the sector,
provide information exchange services to members,
produce researches, promote and build awareness
of the microfinance sector. Currently the network
has 11 members that represents more than 90% of
the microfinance industry in Yemen.
3. Islamic Microfinance – an incredible tool to Alleviate Poverty!
Yemen Microfinance Network (YMN)
AlHuda CIBE
Contents of Training
A Glance on Islamic Finance
• Riba and Prohibition of Riba
• Economic Rationale for Prohibition of Riba.
• Difference between Islamic Finance & Conventional
Finance Mechanism
• Development of Islamic Finance in Yemen
Shari'ah Foundation and Applications of Islamic Microfinance
• Conceptual Framework of Islamic microfinance
• Islamic Microfinance – Characteristics
• Sustainability, outreach and Problems pertaining to microfinance system
Microfinance & its Product Mechanism
• Islamic Micro Finance as effective tool of poverty alleviation
• Islamic Micro Financial Products Mechanisms & Compatibility with Conventional
Microfinance Products
• Trade Based Modes of Islamic Microfinance (Murabaha, Salam, Istisna etc.)
• Mechanism of Trade Based Product (Murabaha, Salam & Istisna)
Islamic Microfinance Products
• Partnership based of Islamic Microfinance (Mudarabah & Musharakah)
• Rental Based Mechanism/Products of Islamic Microfinance (Ijarah & Diminishing
Musharakah)
• Application of Partnership & Rental based modes in Islamic Microfinance
Different Models & Deposit Management in Islamic Microfinance
• Definitions, Concept & Uses of Waqf, Qarz-e-Hassan, Cooperatives & Zakat in Islamic
Microfinance system
• Liability (Deposit) Management Techniques for Islamic Microfinance
• Product Development for Islamic Microfinance Institutions.
• Development of Islamic Microfinance in Yemen - A Case Study
Micro Takaful (Islamic Micro Insurance) & Risk Mitigation
• Definition of Micro Takaful. How MicroTakaful products works with Islamic Microfinance
• Structure, Operation and Performance of Micro Takaful for Poverty Alleviation
• Opportunities and Challenges of Micro Takaful in Islamic Microfinance
4. Islamic Microfinance – an incredible tool to Alleviate Poverty!
Yemen Microfinance Network (YMN)
AlHuda CIBE
Speakers' Profile
Qazi Abdul Samad
Qazi Abdul Samad is a skilled professional with proficiency in Shari’ah advisory,
In-depth knowledge of Shari’ah Microfinance, Innovative, commitment & pro-
active approach to work, Strong communications & analytical skills and able to
manage and train others. Currently, he is working as a Shari’ah Advisor of The
Bank of Khyber - Pakistan. He is also a visiting lecturer of Islamic Financial
System in Management Science Department of City University, Peshawar. He
has been providing Shari’ah advisory and supervision in many organizations.
He is an author of many articles and has presented articles in many
International conferences.
Muhammad Zubair Mughal
Muhammad Zubair Mughal is a passionate and hardworking individual with a
strategic vision in Islamic Micro Finance. He is a skilled Islamic financial
professional and a keen learner of Islamic Microfinance and Islamic Micro
insurance with good public speaking and training skills. He is currently working
as a Chief Executive Officer of AlHuda centre of Islamic Banking and
Economics. He has a professional experience Islamic Microfinance of over 10
years. He has development Many Islamic Microfinance Products which are
being utilized in Pakistan, Middles East & Africa, he has also presented his
research papers on Islamic Microfinance in many International conferences in
South Africa, China, Kazakhstan, Russia, Kenya, Pakistan, U.A.E, Mauritius,
Afghanistan, Turkey, Tatarstan, Jordan and Iraq etc.
5. Islamic Microfinance – an incredible tool to Alleviate Poverty!
Yemen Microfinance Network (YMN)
AlHuda CIBE
Benefits to Participants
The attendees of this training would have the following benefits:
§ In-depth Knowledge of Islamic Microfinance, its concept, Models & Operational practices.
§ Learn new Techniques of Poverty Alleviation, Social Development & Financial Inclusion
through Islamic Microfinance.
§ Shariah Principles and Mechanism about Islamic Microfinance
§ Opportunity to gain knowledge about global practices on Islamic microfinance through
learned national and international scholars and experts
§ Encouragement of practitioners/microfinance institutions/ donor agencies/ Government
institutions about the mechanism of Islamic Microfinance system
§ Provision of a Platform to start a dialogue with multilateral donor organizations
§ Opportunities for collaborations/partnerships with donor agencies, Islamic banks and
Islamic Microfinance Institutions/Networks.
§ Learn new techniques of financing and opportunities in emerging Markets
Method of the Training
Training would consist of the following methods:
§ Lectures/Slide Shows/Multimedia Presentations
§ Class discussions and experience sharing
§ Individual and group work presentation
§ Case Studies
Training material will be provided as per the course outline which is being generated by
Experts. A detailed facilitation plan for each session of training course will be developed
including PowerPoint Slides and Printing copies of the material.
Who Should Attend?
§ Microfinance Professionals and Experts § Social Development Sector
§ Microfinance Institutions & Banks § Govt. Development Departments
§ Financial & Banking Institutions § Local and International Donor's Agencies
§ Rural & Agri. financial Professional § SMEs & Corporative Societies
§ Community Developments § Academia
§ NGOs and NPOs § Philanthropists and Investors
§ Insurance Companies § Regulators and Govt. Officials
§ Development Consultant § Shari'ah Scholars and Experts
§ Management Consultants
6. Registration Form
Two Days Specialized Training Workshop on
ISLAMIC MICROFINANCE
16th -17th September 2012 at Sana'a, Yemen
Please complete and return by e-mail, regular mail or fax.
Please note that the name and title you give here will be printed on participants’ list and on certificates.
1. Participant Information
Title______________________________ Prof. Dr. Other: _______________________________ Mr. Ms. Mrs.
First name__________________________________________________________________________________________________________________________________
Last name___________________________________________________________________________________________________________________________________
Organization ________________________________________________________________________________________________________________________________
Address______________________________________________________________________________________________________________________________________
Postal/Zip code________________________ City: _______________________________________________________________________________________________
Country: ___________________________________________________________________________________________________________________________________
Telephone: ________________________________________________________________________________________________________________________________
Fax: _____________________________ E-mail:___________________________________________________________________________________________________
Event you wish to join (Conference/ Workshop): _______________________________________________________________________________________
2. Workshop Fee
Workshop fees include admission to workshop sessions, tea/coffee, lunch, registration materials and Certificate.
Event Name Fee for Yemen Participants (US$) Fee for Int'l Participants (USD)
Two Days Specialized Training Workshop on
US $450 US $650
ISLAMIC MICROFINANCE
3. Discount Policy 4. Account details form payment
v Five or more delegates from the same You can proceed your fee by cheque or demand draft in favour of Yemen Microfinance
organization - 20% discount. Network (for Yemen's Participants), foreign participants will proceed the payment
in the favor of AlHuda CIBE. You can also transfer your fee online.
For International Participants (Dollar Account)
Title of Account: AlHuda Centre of Islamic Banking and Economics
** Please state the workshop name and the full name of the participant
Bank Name: Standard Chartered Bank on the reverse of the cheque.
Branch Name: Garden Town Branch, Lahore -Pakistan Payments should be made in USD.
A/c No: 01-1647086 -01
SWFIT code: SCBLPKKX
5. Additional Instructions 6. Cancellation Policy
vPayment Information Registration forms must be accompanied by full payment in order v Cancellation of participation must be received in writing and before September 10, 2012.
to be processed. v If the cancellation is received before the deadline, then it will be accepted and half amount of fee will be refunded.
vFull payment is due on registration v The amount could not be refunded if the cancellation received after the deadline.
vRegistration will not be confirmed until full payment has received v Registration cancellations will be subject to a $75 service fee.
vConfirmation Please allow 3 days for e-mail confirmation of your registration. v After the cancellation deadline, no refunds will be granted. If you are unable to attend, you may substitute another
individual in your place at no extra charge.
Date:_____/_____/_______
By sending in this registration form, I acknowledge that I commit myself to the immediate payment of the full
workshop fee. I have taken notice of the cancellation terms on this form.
Signature: _______________________________
7. Shariah Compliance Solution for Microfinance
Centre of Excellence in
Islamic Microfinance
Our Islamic Micro Financial Services
Islamic Microfinance Product Research and Innovation
Development
Training & Capacity Building Publications & Reports
Shariah Advisory Networking and Awareness
Visit us:
w w w. a l h u d a c i b e . c o m / i m h d
Organized by
GLOBAL ISLAMIC MICROFINANCE FORUM
8th December, 2012 - Dubai, U.A.E
Post Event Workshop: 9th-10th December, 12
Islamic Microfinance – An Incredible tool for poverty alleviation
For Registration Please Contact
Yemen Microfinance Network (YMN) AlHuda Center of Islamic Banking and Economics
Ali Abutaleb Sumera Naz
Training Executive Manager Corporate Communication
Office: +967 1 265870 Tel: +92-42 35913096-8
Yemen Microfinance Network (YMN)
Email: info@yemennetwork.org Email: info@alhudacibe.com
AlHuda CIBE
Web: www.yemennetwork.org Web: www.alhudacibe.com
For Registration:
www.alhudacibe.com/application.php