ALHUDA CIBE successfully organized training on Islamic Finance in Tajikistan.

• Position: AlHuda Centre of Islamic Banking and Economics

The two-day Specialized Training Workshop on Islamic Banking, Takaful and Islamic Microfinance organized by AlHuda Centre of Islamic Banking and Economics was successfully concluded at AMFOT, Tajikistan under the "CIS Islamic Banking and Finance Road Show" on August 1-2, 2019.

The purpose of the training was to promote, strengthen and unite the organizations for Islamic Finance and Microfinance. Besides the promotion of Islamic Banking and Finance, the purpose of the road show is also to acknowledge the need of giving hype to the system beyond any political and religious refrains. Specialized training workshops on various relevant topics will also strengthen the level of knowledge of industry professional which will help the awareness among general public of the nations.

The participants from National (Central) Bank of Tajikistan, Sohibkor Bank, Amonat Bank, CJSC MDO 'HUMO", Alif Sarmoya, Micro Credit Fund 'IMON', CJSC MDO 'HUMO", LLC "Farovon-1" and Crowe ACG LLC attended the training.

The world well know trainer and consultant of Islamic finance, Mr. Muhammad Zubair Mughal conducted the training. During the training, the concepts, product development and product innovation of Islamic finance was discussed.

Mr. Zubair said that many new Islamic finance markets are seen to be emerging on the horizon in the world including Commonwealth Independent States (CIS) countries. He said that Islamic banking and finance industry initiative was taken very late in Commonwealth Independent States (CIS)...