COURSES WE OFFER

CERTIFICATE OF ISLAMIC BANKING AND FINANCE

( 4 month )

This course is designed to provide a strong foundation of the principles, practices and products of Islamic Banking and Finance. Further basic of branch banking and Trade Operations is also part of the training. Eminent Bankers / Professionals, NIBAF Certified Teachers & Shari’ah Scholars facilitate in this course. Transcript & Certificate will be issued by Skill Development Council Karachi.

Course Outline:
  • Riba in Quran & Hadees.
  • Islamic Jurisprudence & Sources of Shariah.
  • Introduction to Islamic Banking.
  • Fundamental of Islamic Banking.
  • Islamic Law of Contract.
  • General Banking Operations.
  • International Trade & Finance.
  • Credit Administration.
  • Trade & Assets Products.
  • Pool Management in Islamic Banking.
  • Overview of AAOIFI Shariah Standards.
  • SBP Prudential Regulations.
  • Trade-In Light of F.E. Manual & ICC Publication.
  • Money Laundering and Trade-Based Money Laundering Framework of The State Bank of Pakistan
Course Facilitators:
  • Sheikh Shabbir Hassan Maisami
  • Mr. Zulfiqar Ali
  • Mr. Jawad Hussain
  • Mr. Abbas Raza
  • Mr. Jawaid Iqbal
  • Mr. Nasrallah Khurasani
  • Mr. Shamshad Ali
  • Mr. Zain Ul Abideen
  • Mr. Rehan Jilani
  • Mr. Umair Zafar
  • Mr. Aun Ali
  • Mr. Sami Hassan
  • Mr. Hasnain Raza
  • Mr. Ali Abid
  • Mr. Ali Muhammad
  • Mr. Syed Ali Jaffar

CERTIFICATE IN SHARIA'H COMPLIANT TRADE AND FINANCING

( 4 Month)

To fill gap between the demand for trained resources in the area of Sharia’h compliant trade & financing and available skilled human resource, Al-Sadiq (a.s) Institute in collaboration with Accounting and Auditing Organization for Islamic Financial Institutions has formulated a comprehensive training program with the coordinated efforts of renowned Sharia’h Scholars / Professional Bankers / Academicians that will cater enhanced education needs ensuring quality and affordability of students.

Salient Features:
  • Course contents cover International Laws relating to modern trade in
    practice.
  • Career development support in the area of Sharia’h compliant trade and financing.
  • Brief discussions with regard to different publications of the ‘International
    Chamber of Commerce (ICC)’.
  • Practical training on various Sharia’h compliant financing products.
  • In-depth discussion on ‘Trade-Based Money Laundering (TBML)’ with
    case studies.
Reference Books/Publications/Regulations:
  • AAOIFI Sharia’h Standards
  • An Introduction to Islamic Finance (Mufti Muhammad Taqi Usmani)
  • Publications of International Chamber of Commerce
  • Foreign Exchange Manual – State Bank of Pakistan
  • Prudential Regulations – State Bank of Pakistan
  • AML/CFT Regulations – State Bank of Pakistan
  • Practice and Law of Banking in Pakistan (Dr. Asrar H. Siddiqi)
  • Finance of Foreign Trade and Foreign Exchange (Dr. Asrar H. Siddiqi)

CERTIFICATE OF EXCELLENCE IN AAOIFI SHARIA’H STANDARDS

( 4 month )

Al-Sadiq (a.s) Institute of Islamic Banking, Finance & Takaful has devised a comprehensive program for Industry Professionals / Academicians to understand concepts of Shari’ah Standards while preparing themselves for Certified Shari’ah Advisor and Auditor (CSAA) – Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Bahrain. This course is conducted by renowned Shari’ah Scholars and Islamic Banking Practitioners.

Course Outline:
  • AAOIFI Shari’ah standards from 1-48 and AAOIFI Shari’ah Governance Standards GSIFI 1-4.
Course Facilitators:
  • Mufti Irshad Ejaz
  • Mufti Ehsan Waqas
  • Mufti Ovais Qazi
  • Mufti Najeeb Khan
  • Mufti Javed Ahmed
  • Mufti Bilal Qazi
  • Mufti Zahid Siraj
  • Mufti Zubair Ahmed
  • Mufti Muhammad Jibran
  • Mufti Mohammad Yunas Ali
  • Hafiz Shams Zaman
  • Mol. Mazhar Abbas Zaidi
  • Mr. Jawad Hussain
  • Mr. Raheel Bhagar
  • Mr. Muneer Ahmed
  • Mr. Farhan Rao
  • Mr. Rehan Jilani
  • Mr. Umair Zafar
  • Mr. Ashfaq Naseeb

CERTIFICATE IN ISLAMIC ACCOUNTING AND AUDITING

( 4 month )
Al-Sadiq (a.s) Institute of Islamic Banking, Finance and Takaful is offering a four months certificate course for preparation of CIPA Exam. The course is based on the AAOIFI CIPA syllabus and is designed to provide an in-depth knowledge of Auditing and Financial Reporting to Islamic Finance Professionals. The course will mainly cover the Auditing and Accounting section of the CIPA program along-with Business Regulatory Environment while the same will be facilitated by Industry experts with hands-on experience in Islamic Financial Accounting.
Course Outline:
  • Module 1:  Financial Accounting and Reporting (FAR).
  • Module 2:  Audit, Assurance, and Ethics (AAE).
  • Module 3:  Business and Regulatory Environment (BRE).
  • Module 4:  Shari’ah Standards and Shari’ah Governance (SSSG)
Course Facilitators:
  • Mr. Muhammad Islam Ahmed
  • Mr. Syed Taha Ali
  • Mr. Tariq Mehraj