Training Department

IBFIN’s objective is to offer orientation and comprehensive training opportunities to develop the capabilities of interested and professional personnel in the field of Islamic banking, finance, economics and Islamic [Takaful] Insurance. This is done, insha-Allah, by organizing regular training courses, seminars, workshops and conferences on subjects and curriculums relevant to the needs of participants; publishing the proceedings of the seminars, workshops and conferences. All IBFIN’s courses can be conducted in-house, world wide or at our Training Center, in Abuja, at the convenience of our client. Courses can be tailor-made to the client’s requirements. TRAINING METHODOLOGY IBFIN’s clients have the opportunity to choose between the various possible methods for the course/training delivery. The First method offers participants a choice between a series of courses with a duration ranging from 1 to 5days.

• One-day Course
• Two-day Course
• Three-day Course
• Four-day Course
• Five-day Course

The course contents are designed as a stand-alone, although each one may be seen as a prerequisite for the succeeding one. The second training method provides a more flexible system of choice for the participants. The participants can choose from the variety of modules and create their own training program, according to their needs and convenience. Each module is a 90 minutes period. Participants attempt a test at the end of each module. The modules are designed as stand-alone courses, although each module can also be seen as a prerequisite for the succeeding module. Participants are not required to have any prior knowledge of the subject area. At the commencement of each module, full documentation is required.

Module Contents:

• Module 1: Islam and Islamic Banking
• Module 2: Islamic Banking Principles
• Module 3. Balance Sheet analysis of Islamic Banks
• Module 4. Murabaha-cost plus financing
• Module 5. Mudaraba-Tier One and Tier Two*
• Module 6. Musharika
• TModule 7. Ijara and Ijar-wa-iktina
• Module 8. Istisna and Parallel Istisna