Jointly Organized By

Azerbaijan Micro-financeAssociation (AMFA)

AlHuda Center of Islamic

Banking & Finance

An effective Workshop for Caucasus & CIS Countries

8th Azerbaijan Micro-finance Conference2 Days Post Event Training Workshop on

Islamic Finance(including Islamic Microfinance, Islamic Insurance,Sukuk)

12th & 13th October,2015 in Baku - Azerbaijan

ABOUT AZERBAIJAN MICROFINANCE ASSOCIATION - AMFAAMFA exists to strengthen the capacity of micr o-finance institutions and to promote effective collective action in advancing the interests of the micro finance community. AMFAs Strategy to establish AMFA as a self-sustaining organization, through its 3 strategic pillars strategy. The basis of AMFAs strategic pillars is closely tied to growing its unrestricted revenues, through innovative products and services and strategic partnerships.

ABOUT ALHUDA CIBE

AlHuda CIBE is a well established namein Islamic Financial Market which is workingin the field of Islamic Banking & Finance from last 10 years around the globe.it is the pioneer organization to start the effort for the promotion of Islamic Bankingand finance in masses through Advisory and ConsultancyEducation,Trainings,Awarness,Product Development and Publications.

Contents of Training

Riba & Its ProhibitionŸ What is Riba (Interest)? Prohibition of Riba in Islam.Ÿ Types of RibaŸ Riba tul Nissayah Ÿ Riba tul FadleŸ Riba in Modern Banking and Finance. Islamic EconomicsŸ Introduction to Islamic Economics System.Ÿ Land, Labor, Wages and Entrepreneur Laws in Islamic Economics.Ÿ Comparison of Islamic Economic System with Socialism & Capitalism. Islamic Banking and Finance industry Ÿ Introduction to Islamic Banking and Finance. Ÿ Overview of Islamic Banking and Financial Industry

Worldwide. Ÿ Islamic Banking and Finance (Potential and future

prospects)Ÿ Islamic Banking Products Ÿ Shariah Perspective of Islamic Banking and Finance Modes of Islamic FinancePartnership Based Mode of Islamic Banking & Finance Ÿ MudarabahŸ MusharakahTrade Based Mode of Islamic Banking & Finance Ÿ MurabahahŸ MusawamahŸ Salam & IstisnaRental Based Modes of Islamic Banking & Finance Ÿ Ijarah (Islamic Lease)Risk Management in Islam Banking & Finance Ÿ Introduction of Risk and Its Management. Ÿ Concept of Risk and Its TypeŸ Use of Derivative, Future, Hedging & Swaps Instruments.Ÿ

Ÿ Islamic Perspective for Risk ManagementŸ Fundamentals of risk Management in Islam.Ÿ Risk Management of Islamic Banking Ÿ Type of Risk in Islamic Banking and Financial

Instruments (other than insurance) i.e. Credit Risk, Equity Risk, Market Risk, Liquidity Risk, Rate of Return Risk, Operational Risk, Political Risk, Internal Risk, External Risk etc. Islamic Micro FinanceŸ Incidence of Poverty and Low Economic

opportunityŸ Microfinance a tool for poverty alleviationŸ Islamic Microfinance Shariah compliant way of

poverty alleviation Ÿ Challenges and Opportunities for Islamic

Microfinance InstitutionsŸ Central Bank efforts for Development of

Islamic MicrofinanceŸ Potential of Islamic Microfinance for social

DevelopmentŸ Need of Islamic Microfinance NetworkTakaful (Islamic Insurance)Ÿ Introduction to Takaful ( Islamic Insurance )Ÿ Takaful in Islamic Era.Ÿ Basic Features of Takaful.Ÿ Structural & Operational details of Takaful,Ÿ Structure of Takaful ProductsŸ Operation and performance of Takaful.Ÿ Legal and regularity framework in Takaful.Ÿ Organizational Principles, Basis, Value

Proposition, Law, Ownership, Management Status, Management and Invest Status in Conventional Insurance and Takaful

Ÿ Legal and Regularity requirement of Takaful.SukukŸ What is Sukuk? Shariah Legitimacy of SukukŸ Sukuk for Microfinance Sector

Contents of TrainingSpeakers' Profile

Muhammad Zubair Mughal

Qazi Abdul Samad

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 Finance. He is a skilled Islamic Financial

professional and keen learner of Islamic Banking &Finance and Islamic

Micro Finance with excellent speaking and training skills. He has 10 years

of strong professional background on Islamic Banking & Finance. He has

privileged to develop many Islamic Finance Products which are being

utilized in Pakistan, Middle East and Africa. He has also presented his

research papers on Islamic Finance in many international conferences all

around the world.

Contents of Training

Training would consist of the following methods:Lectures/Slide Shows/Multimedia PresentationsClass discussions and experience sharing Individual and group work presentationCase Studies

Training material will be provided as per the course outline which is being generatedby Experts. A detailed facilitation plan for each session of training course will bedeveloped including PowerPoint Slides and Printing copies of the material.

Benefits to ParticipantsThe attendees of this training would have the following benefits:

In-depth Knowledge of Islamic finance, it s concept, Models & Operational practices.

Learn new Techniques of Poverty Alleviation, Social Development & Financial Inclusion through Islamic finance.

Shariah Principles and Mechanism about Islamic financeOpportunity to gain knowledge about global practices on Islamic finance through

learned national and international scholars and expertsEncouragement of practitioners/microfinance institutions/ donor agencies/

Government institutions about the mechanism of Islamic finance systemProvision 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

Finance Professionals and ExpertsMicro & finance Institutions & BanksFinancial & Banking InstitutionsRural & Agri. financial ProfessionalCommunity DevelopmentsNGOs and NPOsInsurance CompaniesDevelopment ConsultantManagement Consultants

Social Development SectorGovt. Development DepartmentsLocal and International Donor's Agencies SMEs & Corporative SocietiesAcademia Philanthropists and InvestorsRegulators and Govt. OfficialsShari'ah Scholars and Experts

Method of the Training

Who Should Attend?

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.

Participant Information

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

First name__________________________________________________________________________________________________________________________________

Last name___________________________________________________________________________________________________________________________________

Organization ________________________________________________________________________________________________________________________________

Address______________________________________________________________________________________________________________________________________

Postal/Zip code________________________ City: _______________________________________________________________________________________________

Country: ___________________________________________________________________________________________________________________________________

Telephone: ________________________________________________________________________________________________________________________________

Fax: _____________________________ E-mail:___________________________________________________________________________________________________

Training FeeTraining fees include admission to training sessions, tea/coffee, lunch, registration materials and Certificate.

Event Name Fee for Azerbaijan Participants (AZN) Fee for Int'l Participants (USD)

US $ 570

Account details form paymentYou can proceed your fee by cheque you can also transfer your feewire transfer. Banks detail is as under:

Payment for local participants

Additional InstructionsPayment Information Registration forms must be

accompanied by full payment in order to be processed.Full payment is due on registrationRegistration will not be confirmed until full payment

has received

Confirmation Please allow 3 days for e-mail confirmation of your registration.

Date:_____/_____/_______ Signature: _______________________________

Cancellation PolicyCancellation of participation must be received in writing and before 10th October,2015If the cancellation is received before the deadline, then it will be accepted and half amount of

fee will be refunded. The amount could not be refunded if the cancellation received after the deadline.Registration cancellations will be subject to a $90 service fee.

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 immediatepayment of the full Workshop fee. I have taken notice of the cancellation terms on this form.

For members 600 AZNFor non members 670 AZN

Two Days Specialized Training Workshop onISLAMIC FINANCE

Two Days Specialized Training Workshop on Islamic Finance

Registration Form

Benefisiar (Receiver): Account (AZN): TIN: Bank: Correspondent account Code: SWIFT: TIN:

Azerbaycan Mikromaliyye Assosiasiyasi Ictimai Birliyi3803944001117736011000440631“Bank Respublika” ASC Narimanov filiali(AZN): AZ27NABZ01350100000003014944508182BRESAZ229900001901

Payment for international participans

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

(including Islamic Microfinance, Islamic Insurance,Sukuk)

12th & 13th October,2015 in Baku - Azerbaijan

Bank Name: Emirates Islamic Bank, Dubai, U.A.EAccount Title: ALHUDA CIBE FZ LLEAED A/C No: 0228-088619-001IBAN : AE49 0340 0002 2808 8619 001Swift Code: MEBLAEAD

For Registration Please Contact

Azerbaijan Micro-finance Association

44, Jafar Jabbarli Street, CaspianPlaza 1, 5th Floor, Baku, Azerbaijan, AZ1065Tel: (+994 12) 437 16 45Fax: (+994 12) 437 23 39

Web: www.amfa.az

Email: amfa@amfa.az

Zinet Sadigova