Course overview
The Islamic Banking and Sharia-Compliant Financial Services Training Workshop equips banking and finance professionals with contemporary knowledge and practical skills for designing, managing, evaluating, and delivering financial products that comply with Islamic commercial principles and applicable Shariah requirements.
The workshop covers Islamic banking principles, Shariah-compliant financing structures, retail and corporate banking, trade finance, Islamic treasury operations, sukuk, takaful, risk management, regulatory compliance, Shariah governance, digital Islamic banking, and financial technology. It examines how Islamic financial institutions manage profitability, liquidity, credit risk, operational risk, and customer relationships while observing prohibitions on riba (interest), excessive contractual uncertainty (gharar), and prohibited business activities.
To reflect current industry practice, the programme incorporates developments in Shariah governance, digital finance, AI-enabled financial services, Islamic fintech, and emerging supervisory risks. The Islamic Financial Services Board's 2025 industry report highlights the growing importance of fintech, digital financing platforms, AI governance, and stronger risk oversight.
Islamic Financial Services Board
The curriculum also draws on relevant Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) standards covering Shariah, accounting, auditing, and governance
Course objectives
- Explain the principles of Islamic commercial law and distinguish Shariah-compliant financial transactions from conventional interest-based arrangements.
- Assess contemporary Islamic banking developments, including digital banking, Islamic fintech, AI applications, sukuk markets, and sustainable Islamic finance.
- Apply Shariah governance, compliance monitoring, internal review, audit, and ethical decision-making principles to Islamic financial services.
- Evaluate Islamic banking risks, liquidity management, investment products, financial reporting, and regulatory compliance obligations.
- Analyse and apply major Islamic financing structures, including Murabaha, Ijara, Mudaraba, Musharaka, Salam, and Istisna, in retail, corporate, and trade finance.
Who should attend
Bank managers, Islamic banking professionals, central bank and financial regulatory officers, commercial banking executives, credit and financing officers, relationship managers, treasury professionals, accountants, auditors, Shariah compliance officers, risk managers, product development specialists, investment professionals, fintech practitioners, microfinance institutions, cooperative financial institutions, financial consultants, and professionals seeking to enter or advance in Islamic banking and finance.
Course content
- Module 1: Foundations of Islamic Banking and Shariah-Compliant Finance Principles and objectives of Islamic finance, Maqasid al-Shariah and ethical financial intermediation, prohibition of riba, gharar and maysir, lawful and unlawful business activities,
- Module 2: Islamic Commercial Contracts and Shariah Principles Principles of Islamic commercial jurisprudence, contract formation and enforceability, offer and acceptance, ownership and possession, asset eligibility, disclosure and transparency requirement
- Module 3: Islamic Retail Banking and Customer Financing Murabaha-based personal and consumer financing, Ijara-based asset financing, diminishing Musharaka for home financing, Islamic vehicle finance, education and personal financing structures, Islamic sa
- Module 4: Corporate Banking, SME Finance and Trade Finance Corporate Murabaha financing, working capital structures, Musharaka and Mudaraba partnerships, Salam financing for agricultural producers, Istisna financing for manufacturing and construction, Isl
- Module 5: Islamic Treasury Management and Liquidity Risk Islamic treasury operations, liquidity forecasting, short-term funding requirements, Shariah-compliant interbank placements, commodity Murabaha and its applicable governance requirements, Wakalah-ba
- Module 6: Islamic Investment Accounts, Asset Management and Wealth Management Profit-sharing investment accounts, unrestricted and restricted Mudaraba accounts, investment account holder rights, profit allocation and loss-sharing principles, investment sc
- Module 7: Sukuk, Islamic Capital Markets and Structured Finance Sukuk principles and structures, Ijara Sukuk, Mudaraba Sukuk, Musharaka Sukuk, Wakala Sukuk, asset ownership and beneficial interests, underlying asset requirements, sovereign and corporate S
- Module 8: Takaful and Bancatakaful Services Principles of Islamic insurance, mutual assistance and risk sharing, Takaful operating models, Wakala and Mudaraba arrangements, participant risk funds, operator remuneration, underwriting and claims management,
- Module 9: Credit Risk, Market Risk and Financial Stability in Islamic Banking Credit risk in asset-based and partnership financing, counterparty risk, collateral and security arrangements, default and recovery management, profit rate risk in the banking b
- Module 10: Shariah Governance, Compliance and Internal Audit Shariah governance frameworks, roles and responsibilities of the Shariah Supervisory Board, Shariah advisory and compliance functions, product approval and review processes, internal Shariah aud
- Module 11: Regulatory Compliance, Financial Reporting and Prudential Supervision Islamic banking regulatory frameworks, licensing and permissible activities, capital adequacy, liquidity and prudential requirements, regulatory reporting, financial statemen
- Module 12: Digital Islamic Banking, Fintech and Embedded Finance Digital onboarding and customer identification, mobile and internet Islamic banking, digital Murabaha and Ijara workflows, electronic contracting and ownership evidence, API-enabled banking
- Module 13: Artificial Intelligence, Data Analytics and Automation in Islamic Finance AI applications in customer service and banking operations, machine learning for credit assessment, fraud detection and transaction monitoring, customer segmentation and
- Module 14: Sustainable Islamic Finance, ESG and Social Impact Ethical investment and responsible finance, Maqasid al-Shariah and social value creation, environmental and social risk assessment, ESG screening of investments, green and sustainability-linked
- Module 15: Islamic Banking Strategy, Product Innovation and Applied Case Studies Islamic banking business models, market positioning and competitive strategy, customer needs analysis, product development and Shariah approval, profitability and cost analys
General notes
- Practical Activities and Expected Outputs Participants will compare conventional and Islamic financing structures, evaluate a Murabaha transaction from purchase through resale, prepare an illustrative Ijara repayment schedule, analyse a diminishing Musharaka home-financing case, and compare Salam and Istisna structures for agricultural and infrastructure financing. Additional exercises will involve assessing an Islamic investment product, developing a Shariah compliance checklist, preparing a liquidity risk scenario, reviewing a sample Sukuk structure, mapping a digital financing workflow, and evaluating AI-related compliance and model risks.
- Expected outputs include an Islamic product comparison matrix, Murabaha transaction checklist, Ijara financing schedule, Musharaka case analysis, Islamic credit assessment template, Shariah compliance review checklist, liquidity risk dashboard, Sukuk structure review, digital Islamic banking risk register, and a proposed product innovation plan.
- Five Strong Training Outcomes Upon completion, participants will be able to: 1. Structure Islamic financial products using appropriate Shariah-compliant contracts for retail, corporate, SME, and trade finance. 2. Evaluate financial and operational risks associated with Islamic financing, investment accounts, treasury activities, and Sukuk. 3. Strengthen Shariah governance and regulatory compliance through product review, internal controls, audit, and corrective action processes. 4. Assess modern Islamic banking innovations, including digital finance, AI-powered analytics, Islamic fintech, and sustainable finance. 5. Develop practical product and implementation proposals that integrate customer needs, financial sustainability, risk management, and Shariah oversight.
- Advance your expertise through the Islamic Banking and Sharia-Compliant Financial Services Training Workshop, covering Islamic financing products, Shariah governance, Islamic treasury management, Sukuk, Takaful, risk management, regulatory compliance, digital Islamic banking, AI in finance, and sustainable investment. Designed for banking professionals, financial regulators, Shariah compliance officers, risk managers, and investment specialists, this practical programme supports ethical financial innovation and effective Islamic banking operations across Kenya, Africa, and international financial markets.
Frequently asked questions
1. 1. Who should attend the Islamic Banking and Sharia-Compliant Financial Services Training Workshop?
The workshop is suitable for banking executives, Islamic finance practitioners, central bank officers, Shariah advisers, compliance officers, accountants, auditors, treasury professionals, risk managers, investment specialists, and fintech professionals.
2. 2. Does the training cover practical Islamic financing products?
Yes. Participants examine Murabaha, Ijara, Mudaraba, Musharaka, Salam, and Istisna, including their contractual requirements, operational workflows, risk considerations, and applications in retail, corporate, and trade finance.
3. 3. Does the course cover contemporary Islamic banking trends?
Yes. The programme includes digital Islamic banking, AI and financial analytics, Islamic crowdfunding, Sukuk innovation, sustainable Islamic finance, ESG considerations, and emerging technology and governance risks.
4. 4. Does the course cover AAOIFI and IFSB standards?
Yes. Participants are introduced to relevant AAOIFI standards for Shariah, accounting, auditing, and governance, alongside applicable IFSB prudential and supervisory guidance. The precise standards and regulatory requirements used should be verified for the participant's jurisdiction and institution.
5. 5. Is this training relevant to banks in Kenya and other African countries?
Yes. The programme can be adapted to Islamic banks, conventional banks operating Islamic banking windows, microfinance institutions, regulators, and other financial service providers. For Kenyan participants, relevant Central Bank of Kenya requirements and applicable national laws can be incorporated. The regulatory position should be checked against current official guidance.
Schedule & fees
| Dates | Location | Duration | Fee (USD) |
|---|
| 07/06/2027 - 18/06/2027 |
Nairobi,kenya or Virtual |
10 Days |
$2,000 |
| 02/08/2027 - 13/08/2027 |
Mombasa,Kenya |
10 Days |
$2,000 |
| 06/09/2027 - 17/09/2027 |
Naivasha,Kenya |
10 Days |
$2,000 |