two days specialized training workshop on islamic microfinance€¦ · · 2012-08-24two days...

Two Days Specialized Training Workshop on

Islamic Microfinance (Including Islamic Banking, Islamic Finance and Islamic Insurance)

16th & 17th September, 2012 in Sana’a, Yemen

Jointly Organized By

Yemen Microfinance Network (YMN) AlHuda Center of Excellencein Islamic Microfinance

Islamic Microfinance – an incredible tool to Alleviate Poverty!

Training Summary

Yemen has a population size of 23 Million, one of the most ethnically homogenous in the region, with 3% population annual growth rate. 71% of the population lives in the rural and 29% in urban areas. 34.8% live below the poverty line. Overall, social and economic circumstances in Yemen create a homogenous traditional society where many decisions are influenced by the religious considerations. So, Islamic Microfinance would be highly accepted there and would ultimately help in reducing poverty of Yemen.

Islamic Microfinance is an emerging market in the field of Islamic finance, so there is an immediate need to educate, train and conduct market study and awareness campaigns on this subject. The aim of this training is to provide edification and trainings to Microfinance & Finance Professional with an additional opportunity for their educational uplift under Islamic financial system. An individual would be able to learn new techniques and opportunities in this field.

Chairman Message

About AlHuda CIBEAlHuda Center of Excellence in Islamic Microfinance is an initiative of AlHuda CIBE. AlHuda CIBE is a well established name in Islamic financial Market which is working in the field of Islamic Banking and Finance from the last 7 years in Pakistan and around the globe. It is the pioneer organization to start effort for the promotion of Islamic Banking and Finance in masses through Advisory and Consultancy, Education, Trainings, Awareness, Product Development and Publications.

The Yemen Microfinance Network (YMN) was established in 2009 as a result of a joint project between the Social Fund for Development (SFD) and the United Nations Development Program (UNDP) aimed at establishing the first professional microfinance association. The YMN focuses on training and capacity building of microfinance practitioners, increase transparency in the sector, provide information exchange services to members, produce researches, promote and build awareness of the microfinance sector. Currently the network has 11 members that represents more than 90% of the microfinance industry in Yemen.

About Yemen MicrofinanceNetwork

Dear Colleague's and YMN Members:I am So Proud to be a member of YMN as a Chairman. I have had the privilege of working with dedicated and talented employees who make our Network an innovative and successful institution.It gives me immense pleasure to present the Islamic Microfinance and Islamic Finance training workshop that will be held in Sana'a this September with cooperation of (AlHuda-CIBE) Center of Islamic Banking & Economics of Pakistan It is clear that the demand for Islamic finance has increased which is a major opportunity for the growth of the industry and gets awareness about it from highly learned and experienced professionals and be the leaders of Islamic Microfinance in Arab region. Therefore, promoting the awareness of Islamic Microfinance among the region. More than ever, we extend our best wishes for the success of the training and the ultimate benefit for all the Yemenis from the widespreading Microfinance Industry .

Best Regard

Mohammed Al Lai

A Glance on Islamic Finance• Riba and Prohibition of Riba• Economic Rationale for Prohibition of Riba.• Difference between Islamic Finance & Conventional Finance Mechanism • Development of Islamic Finance in Yemen

Shari'ah Foundation and Applications of Islamic Microfinance • Conceptual Framework of Islamic microfinance• Islamic Microfinance – Characteristics• Sustainability, outreach and Problems pertaining to microfinance system

Microfinance & its Product Mechanism• Islamic Micro Finance as effective tool of poverty alleviation• Islamic Micro Financial Products Mechanisms & Compatibility with Conventional Microfinance Products• Trade Based Modes of Islamic Microfinance (Murabaha, Salam, Istisna etc.)• Mechanism of Trade Based Product (Murabaha, Salam & Istisna)

Islamic Microfinance Products• Partnership based of Islamic Microfinance (Mudarabah & Musharakah)• Rental Based Mechanism/Products of Islamic Microfinance (Ijarah & Diminishing Musharakah)• Application of Partnership & Rental based modes in Islamic Microfinance

Different Models & Deposit Management in Islamic Microfinance• Definitions, Concept & Uses of Waqf, Qarz-e-Hassan, Cooperatives & Zakat in Islamic Microfinance system• Liability (Deposit) Management Techniques for Islamic Microfinance• Product Development for Islamic Microfinance Institutions.• Development of Islamic Microfinance in Yemen - A Case Study

Micro Takaful (Islamic Micro Insurance) & Risk Mitigation • Definition of Micro Takaful. How MicroTakaful products works with Islamic Microfinance• Structure, Operation and Performance of Micro Takaful for Poverty Alleviation• Opportunities and Challenges of Micro Takaful in Islamic Microfinance

Contents of Training


Yemen Microfinance Network (YMN) AlHuda CIBE

Speakers' Profile

Qazi Abdul Samad

Muhammad Zubair Mughal

Qazi Abdul Samad is a skilled professional with proficiency in Shari’ah advisory, In-depth knowledge of Shari’ah Microfinance, Innovative, commitment & pro-active approach to work, Strong communications & analytical skills and able to manage and train others. Currently, he is working as a Shari’ah Advisor of The Bank of Khyber - Pakistan. He is also a visiting lecturer of Islamic Financial System in Management Science Department of City University, Peshawar. He has been providing Shari’ah advisory and supervision in many organizations. He is an author of many articles and has presented articles in many International conferences.

Muhammad Zubair Mughal is a passionate and hardworking individual with a strategic vision in Islamic Micro Finance. He is a skilled Islamic financial professional and a keen learner of Islamic Microfinance and Islamic Micro insurance with good public speaking and training skills. He is currently working as a Chief Executive Officer of AlHuda centre of Islamic Banking and Economics. He has a professional experience Islamic Microfinance of over 10 years. He has development Many Islamic Microfinance Products which are being utilized in Pakistan, Middles East & Africa, he has also presented his research papers on Islamic Microfinance in many International conferences in South Africa, China, Kazakhstan, Russia, Kenya, Pakistan, U.A.E, Mauritius, Afghanistan, Turkey, Tatarstan, Jordan and Iraq etc.



Training would consist of the following methods:§ Lectures/Slide Shows/Multimedia Presentations§ Class discussions and experience sharing § Individual and group work presentation§ Case Studies

Method of the Training

Training material will be provided as per the course outline which is being generated by

Experts. A detailed facilitation plan for each session of training course will be developed

including PowerPoint Slides and Printing copies of the material.

Benefits to Participants

The attendees of this training would have the following benefits:§ In-depth Knowledge of Islamic Microfinance, its concept, Models & Operational practices.§ Learn new Techniques of Poverty Alleviation, Social Development & Financial Inclusion through Islamic Microfinance. § Shariah Principles and Mechanism about Islamic Microfinance§ Opportunity to gain knowledge about global practices on Islamic microfinance through learned national and international scholars and experts§ Encouragement of practitioners/microfinance institutions/ donor agencies/ Government institutions about the mechanism of Islamic Microfinance system§ Provision of a Platform to start a dialogue with multilateral donor organizations § Opportunities for collaborations/partnerships with donor agencies, Islamic banks and Islamic Microfinance Institutions/Networks. § Learn new techniques of financing and opportunities in emerging Markets

§ Microfinance Professionals and Experts§ Microfinance Institutions & Banks§ Financial & Banking Institutions§ Rural & Agri. financial Professional§ Community Developments§ NGOs and NPOs§ Insurance Companies§ Development Consultant§ Management Consultants

§ Social Development Sector§ Govt. Development Departments§ Local and International Donor's Agencies § SMEs & Corporative Societies§ Academia § Philanthropists and Investors§ Regulators and Govt. Officials§ Shari'ah Scholars and Experts

Who Should Attend?



Registration Form

Please complete and return by e-mail, regular mail or fax.Please note that the name and title you give here will be printed on participants’ list and on certificates.

1. Participant Information

Title______________________________ Prof. Dr. Other: _______________________________ Mr. Ms. Mrs.

First name__________________________________________________________________________________________________________________________________

Last name___________________________________________________________________________________________________________________________________

Organization ________________________________________________________________________________________________________________________________

Address______________________________________________________________________________________________________________________________________

Postal/Zip code________________________ City: _______________________________________________________________________________________________

Country: ___________________________________________________________________________________________________________________________________

Telephone: ________________________________________________________________________________________________________________________________

Fax: _____________________________ E-mail:___________________________________________________________________________________________________

Event you wish to join (Conference/ Workshop): _______________________________________________________________________________________

2. Workshop FeeWorkshop fees include admission to workshop sessions, tea/coffee, lunch, registration materials and Certificate.

Event Name Fee for Yemen Participants (US$) Fee for Int'l Participants (USD)

US $650

3. Discount Policyv Five or more delegates from the same organization - 20% discount.

4. Account details form paymentYou can proceed your fee by cheque or demand draft in favour of Yemen MicrofinanceNetwork (for Yemen's Participants), foreign participants will proceed the paymentin the favor of AlHuda CIBE. You can also transfer your fee online.

For International Participants (Dollar Account)Title of Account: AlHuda Centre of Islamic Banking and EconomicsBank Name: Standard Chartered BankBranch Name: Garden Town Branch, Lahore -PakistanA/c No: 01-1647086 -01SWFIT code: SCBLPKKX

5. Additional InstructionsvPayment Information Registration forms must be accompanied by full payment in order to be processed.vFull payment is due on registrationvRegistration will not be confirmed until full payment has receivedvConfirmation Please allow 3 days for e-mail confirmation of your registration.

Date:_____/_____/_______

Signature: _______________________________

6. Cancellation Policyv Cancellation of participation must be received in writing and before September 10, 2012.v If the cancellation is received before the deadline, then it will be accepted and half amount of fee will be refunded. v The amount could not be refunded if the cancellation received after the deadline.v Registration cancellations will be subject to a $75 service fee.v After the cancellation deadline, no refunds will be granted. If you are unable to attend, you may substitute another individual in your place at no extra charge.

By sending in this registration form, I acknowledge that I commit myself to the immediate payment of the fullworkshop fee. I have taken notice of the cancellation terms on this form.

Two Days Specialized Training Workshop on

ISLAMIC MICROFINANCE th th16 -17 September 2012 at Sana'a, Yemen

US $450Two Days Specialized Training Workshop onISLAMIC MICROFINANCE

** Please state the workshop name and the full name of the participant on the reverse of the cheque. Payments should be made in USD.


For Registration Please Contact

Ali AbutalebTraining ExecutiveOffice: +967 1 265870Email: [email protected]: www.yemennetwork.org

Sumera NazManager Corporate CommunicationTel: +92-42 35913096-8Email: [email protected]: www.alhudacibe.comFor Registration:www.alhudacibe.com/application.php

Yemen Microfinance Network (YMN) AlHuda Center of Islamic Banking and Economics

Vis i t u s :www.a l h udac ibe . com/ imhd

Our Islamic Micro Financial Services

Shariah Compliance Solution for Microfinance

Centre of Excellence inIslamic Microfinance

Islamic Microfinance ProductDevelopment

Training & Capacity Building

Shariah Advisory

Research and Innovation

Publications & Reports

Networking and Awareness

GLOBAL ISLAMIC MICROFINANCE FORUM th8 December, 2012 - Dubai, U.A.E

Organized by

Post Event Workshop: th th 9 -10 December, 12Islamic Microfinance – An Incredible tool for poverty alleviation

two days specialized training workshop on islamic microfinance€¦ · · 2012-08-24two days...

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