Page 8 - NIBAF-Training Matters April - June 2022
P. 8

Decentralized Finance, NFTs’ and the
                                                                      Metaverse: Islamic Finance Use Cases

                                                                  NIBAF in collaboration with Bahrain Institute of Banking and
                                                                  Finance  (BIBF)  arranged  a  webinar  on  Decentralized
                                                                  Finance,  NFTs’  and  the  Metaverse:  Islamic  Finance  Use
                                                                  Cases  on  April  14,  2022.  Mr.  Mujtaba  Khalid,  Head  of  the
                                                                  Centre  for  Islamic  Finance,  BIBF  conducted  the  webinar.
                                                                  During the session, the speaker shared his insights on the
                                                                  subject and stressed the need for use of technology in the
                                                                  Islamic banking industry and responded to the participants’
                                                                  queries in detail.


                                                                     Demystifying Islamic Home Finance


        Islamic Banking Awareness sessions for                    This webinar was conducted by Mr. Imran Ahmad, Additional
                        Universities                              Director,  Development  Finance  Support  Department,  SBP
                                                                  BSC  and  Muhammad  Jehanzeb  Saeed,  Head  of  Home  &
                                                                  CDF  Products  Consumer  Banking,  Dubai  Islamic  Bank
    Various  Islamic  Banking  Awareness  sessions  were  conducted   Pakistan Limited. Mr. Imran Ahmad highlighted the historical
    during April as per under-noted details:                      perspective  of  housing  finance  in  the  country  and  the
                                                                  measures  taken  by  Government  of  Pakistan  and  SBP  for
                                                                  introduction  of affordable  housing  schemes.  Mr. Jehanzeb
            Awareness session for Fatima Jinnah Women University,   Saeed underlined the need for further promotion of housing
            Rawalpindi was conducted by Mufti Abubakar Sirajuddin   finance to bring it in par with other countries in the region. He
            and attended by 98 participants.                      further  highlighted  the  efforts  of  SBP  and  Government  of
                                                                  Pakistan for promotion of housing industry.
            Awareness  session  for  Bahauddin  Zakarya  University,
            Multan was conducted by Mufti Abubakar Sirajuddin and
            Mr.  Ghulam  Shabbir  and  was  attended  by  240
            participants.

            The  Islamic  Banking  Awareness  session  for  Women
            University  Multan  was  conducted  by  Mufti  Dr.  Uzair
            Ashraf Usmani and was attended by 143participants.

            The  Islamic  banking  awareness  session  for  Punjab
            University Gujranwala campus was conducted by Mufti
            Abubakar  Sirajuddin  and  was  attended  by  103
            participants.                                                    Demystifying Ethics for
                                                                         Islamic finance professionals


                                                                  NIBAF in collaboration with AAOIFI arranged a webinar on
                                                                  Demystifying  Ethics  for  Islamic  finance  professionals.
                                                                  The webinar was conducted by Mr. Farhan Noor, Head of
                                                                  Capacity Building Programs, AAOIFI. He shared his insights
                                                                  on  the  conceptual framework  of  code  of  ethics for  Islamic
                                                                  finance professionals. He also discussed the background of
                                                                  this  project  started  by  the  AAOIFI  Governance  and  Ethics
                                                                  Board and the development of four documents, including the
                                                                  Code of Ethics for Islamic Finance Professionals, Handbook,
                                                                  Governance Standards on Ethics, and Code of Conduct for
                                                                  IFIs. He also emphasized the importance of ethical standards
                                                                  for  the  future  of  Islamic  finance.  The  structure  and
                                                                  applicability  of  the  code  of  ethics  for  Islamic  finance
                                                                  professionals were also covered. The speaker involved the
                                                                  participants  through  an  interactive  session  and  effectively
                                                                  responded to queries of the participants.
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