Page 9 - NIBAF-Training Matters January - March 2022

Development of a flourishing Islamic banking system has remained a key agenda of SBP. As capacity building and mass awareness
campaigns are critical to promote Islamic banking, NIBAF has been on the forefront in supporting relevant stakeholders towards building
their human resources as well as organizing awareness events for masses. Summary of capacity building and mass awareness sessions
conducted in Q3FY22 is as below:

Under a special arrangement by
IBD-SBP and NIBAF, this pro-
Islamic Banking gram was conducted on week-
Certificate Course ends to facilitate the participation
of Shariah Students from Saylani
(IBCC-51) for Welfare Trust and Jamia Darul
Shariah Students Uloom Memon, Karachi. The
of Saylani Welfare course consisted of a set of 16
Trust and Jamia modules which started with ba-
sics of Islamic banking & its
Darul Uloom products, and gradually progressed to latest operational issues faced by the banks, SBP regulations and
Memon Islamic banking products development. As per course structure, successful award of the certification
was subject to meeting the minimum criteria in knowledge assessment, comprising of daily quizzes,
group presentations and a comprehensive examination at the end of the program. Fifty-first instance of
the course was successfully held from January 22-March 20, 2022 with participants duly appreciating
the special arrangements of conducting this program on weekends.

On the directives of SBP Board of Directors, NIBAF in consultation with IBD developed a certificate pro-
gram for capacity building of Shariah scholars. The course was designed with ten modules of two-days
each, on significant topics in Islamic Finance. The program’s duration was 21 days and designed to be
conducted in 3 phases.
While the Phase-1 of the 3 iteration of this
rd
Capacity Building program was conducted during November
of Shariah 29 to December 6, 2021, the Phase-II and
Scholars Phase-III were conducted during January
10-17, 2022 and March 14-25, 2020 re-
spectively. The program was attended by
16 Shariah Scholars from various banks
and Pakistan Mortgage Refinance Com-
pany.

NIBAF had designed this program for the candidates of the CSAA exam. The program was conducted in
Certification in virtual mode during February 14-March 11, 2022 and was attended by 8 participants, followed by a com-
AAOIFI Shariah prehensive exam. Renowned trainers from the industry including Mufti Irshad Ahmad Aijaz, Mufti Najeeb
Standards Khan, Mufti Abubakar Sirajuddin, Mufti Muaz Ashraf, Faizan Ahmad Memon, Asfand Zubair Malik and
(CASS) Khawaja Ehsan conducted the sessions. During the program, all Shariah Standards and Governance
were thoroughly discussed.