november 4 - 5, 2019 hyatt regency, the kilimanjaro, dar ...november 4 - 5, 2019 at hyatt regency,...

Africa is a new destination for Islamic Finance

November 4 - 5, 2019Hyatt Regency, The Kilimanjaro, Dar es Salaam - Tanzania

Two Days Post Event Workshop on

Operational Aspects of Islamic Banking and Takaful

November 6 - 7, 2019at Hyatt Regency, The Kilimanjaro,

Dar es Salaam - Tanzania

Multilateral Partner

The Islamic Corporation for the Development of the

Private Sector (ICD)

Technology Exclusive Sponsor

International Turnkey Systems Group (ITS)

Lead Sponsor

Amana BankTanzania

CIBE - U.A.E

Organized By


Towards the pursuance of our goal to promote Islamic Banking and Finance all over the globe, AlHuda Centre of Islamic Banking and Economics is working diligently since its existence 14 years ago. AlHuda CIBE has been acknowledged as a distinguished service provider due to our notable services, team of dedicated professionals and one stop solutions of Islamic Banking and Finance. Our aim is to provide state-of-the-art services of Islamic banking and finance. We are proud to be prominent for our Advisory and consultancy, research and development, education and capacity building, Shariah advisory, publication and events all over the world.

AlHuda CIBE is supported by many national and international organizations and institutions as Strategic Partners support and our Alumni have spread over 70 countries. We are proud to stand among world's largest presences for capacity building, trainings, consultancy and other services.

More details are available at:www.alhudacibe.com


Africa is the world’s second largest and most popular continent after Asia. With 1.0 billion people, it accounts for about 14.72% of the world’s human population. According to the World Book Encyclopedia, Islam is largest religion in Africa, followed by Christianity. The region has significant potential as it is home to more than 413 million Muslims and the Islamic finance industry in Africa is rather untapped. Islamic banking and their products are likely to be most popular in the parts of Africa comprising the highest concentration of Muslims such as North Africa, large part of West Africa and down the eastern seaboard. Islamic banking is also expected to become attractive in countries with significant population of Muslim business persons such as in South Africa. Moving forward, expansion of Islamic banking and finance industry in Africa is expected to bring the favorable turns in trade progress and business interactions with the Middle East. Islamic banking and finance can potentially play a part in facilitating more trade opportunities between Africa, Middle East and rest of the world with the involvement of more global and Islamic banks of both regions.The aim of this forum is to explore the untapped market of Africa and to adopt the latest trends, challenges and opportunities in Islamic banking and finance industry in Africa.

This conference will provide you with practical insights into:• efforts and achievements in Islamic Global

Banking and Takaful• This platform will demonstrate the effective

flexibility of Islamic financial markets during the current financial crisis.


November 4 - 5, 2019Hyatt Regency, The Kilimanjaro, Dar es Salaam - Tanzania

Introduction to Islamic Banking and Finance• Historical Developments and Global Trends of Islamic Banking and Finance• Introduction to Islamic Financial Products• Regulatory Framework of Islamic Banking and Finance in Africa• Islamic Banking & Finance in Africa – Emerging Opportunity

Islamic Finance and Financial Inclusion• How Islamic finance helps financial inclusion• Policy and strategy development for financial inclusion through Islamic banking• Financial inclusion and poverty alleviation• Current trends in Shariah compliant financial inclusion

Takaful (Islamic Insurance)• Takaful (Islamic Insurance) and Takaful Models• How Takaful industry can facilitate Islamic financial industry in Africa• Innovative products of general &family Takaful• Vastly growing trends of Takaful Industry in Africa• Takaful management system

Investment opportunities in Africa and Tanzania• Investment opportunities on Islamic banking and Takaful in Africa• Emerging trends of Islamic banking and finance in Africa• How Tanzania can play a vital role for the development of Islamic banking and financial sector in Africa• Creation of Shariah compliant investment avenues in Tanzania

Sukuk, Islamic Bond & Islamic Capital Market• Introduction of Sukuk• How Sukuk can facilitate Tanzanian government for country development• Asset based financing: A complete risk free solutions for International crises• Structuring of Shariah compliant fund


November 6 - 7, 2019 at Hyatt Regency, The Kilimanjaro, Dar es Salaam - Tanzania

A Glance on Islamic FinanceŸ Riba (Interest) and Prohibition of RibaŸ Types of RibaŸ Economics Rationale for Prohibition of RibaŸ Deference between Islamic banking & finance and

conventional banking & finance

Partnership Based Mode of Islamic Banking & Finance (Mudarabah & Musharakah) MudarabahŸ The basic rules and Features of MudarabahŸ Distribution of Profit & Loss in MudarabahMusharakahŸ The basic rules and Features of MusharakahŸ Distribution of Profit & Loss in MusharakahŸ Diminishing MusharakahŸ Determine the Rental in Diminishing MusharakahŸ Unit Sale mechanism in Diminishing MusharakahŸ Diminishing Musharakah as Ideal product for Islamic

Housing Finance.

Trade Based Mode of Islamic Banking & Finance (Murabahah, Musawamah, Salam & Istisna) Ÿ MurabahahŸ Basic Features of MurabahahŸ Murabahah as financing mode Ÿ Stages involve in Murabaha TransactionŸ Shariah compliance & legal documentation of

Murabaha contractŸ Murabahah in International TradeŸ Practical aspects & issues of MurabahahŸ Salam & IstisnaŸ Basics of BaiIstisna & BaiIstisnaŸ Difference between Salam & stisnaŸ Practical implementation of Salam & Istisna

Rental Based Modes of IslamicBanking & Finance (Ijarah)Ÿ Introduction and Brief Perspective of Ijarah.Ÿ Sharia’h alternative of Conventional Leasing - Ijarah.Ÿ Ijarah (Operating Lease) vs. conventional leasing

(Financial Leasing)

Ÿ Legal framework & documentations for ijarah products

Ÿ Basic feature of Ijarah contract & Its Operational Mechanism

Islamic Banking and Finance Product DevelopmentŸ Types of ProductsŸ Phases to be involved in Developing New ProductsŸ Role and Internal Involvement for New ProductsŸ Parties InvolvedŸ Product Documentation

Introduction & Historical backgroundŸ Definition & Fundamental Principles Ÿ Difference in Concept & Difference in Contract Ÿ Early practices Ÿ Reference in first constitution of MadinaŸ Takaful practice through the ages

Recent developmentsŸ Evolution during the seventiesŸ Judicial opinions and FatwasŸ Formation of first Takaful companiesŸ Developments in the World

Takaful ModelsŸ The Mudaraba Model Ÿ The Wakala Model Ÿ The Waqf-Wakala Model Ÿ Investment Models

Takaful ComparisonŸ Comparison with mutual societies Ÿ Comparison with cooperatives Ÿ Comparison with self-retention schemesŸ Comparison with conventional insurance

Takaful Documents• Proposal form • Participants' Membership Documents • Claims procedures• Surplus sharing mechanism


Benefits of AttendingŸ A platform to discover best successful international and local practicesŸ Chance to explore new horizon of Islamic BankingŸ Enhance your understanding of the complexities of Islamic products’ structure and how it can leverage to add

to your portfolioŸ Provides a guarantee that your organization is ideally positioned to meet challenges and to capitalize the

opportunitiesŸ Ensure the sustainable growth of your institution in the futureŸ Learn winning strategies from the experts of the forefront of the Islamic financial industry.

Who Should Attend?• Heads, Managing Directors and CEOs of commercial and Islamic banks and Islamic financial institutions • Retail, Corporate, SME and Treasury Bankers• Business Development Managers• Heads of Research and Development• Financial Consultants• Unit Trust Agents and Insurance/Takaful Agents• Brokers of bonds and Sukuk• Fund Managers and Selectors• Government Officials and Representatives

Key Objective of ConferenceŸ Promote the Awareness of Islamic banking and FinanceŸ Recognize the Islamic banking and Finance as sustainable financial solution for

East AfricaŸ A milestone of strengthening Tanzania Islamic Banking and Finance IndustryŸ Explore the potentials of Islamic banking and financeŸ Attracting International business players, investors and financials to benefit

business growth of the regionŸ Attract Foreign Direct Investment (FDI) in Islamic banking and finance industry Ÿ A platform to discover best successful international and local practicesŸ Learn winning strategies from the experts of the forefront of the Islamic industry

• Financial Consultants and Advisors• Economists and Policy Makers• Stock Brokers and Shareholders• Financial Market Regulators• Business Analysts and Business• Development Managers• Financial Controllers and Account Managers• Academia and Researchers• Media


Islamic Corporation for the Development of the

Private Sector

National Bank of Commerce

Bakhresa Group Ltd

PBZ Islamic Banking

Zanzibar University

Amana Bank Tanzanian Association of Microfinance Institutions

Tanzania Insurance Brokers Association

KCB Bank Tanzania

IslamicBanker Business Islamica AWQAF SA Amana Bank The ExchangeNTC - Unity - Strength Security

Alim - The Shari'ah Scholars' Journal

TV Imaan Tanzania Center for Islamic Finance Compliance and Advice

MomoEssa Capital Management Limited

Imaan NewspaperBAKWATA

Return address: AlHuda CIBE FZ LLE - U.A.E(Advisory, Consulting & Capacity Building) P.O. Box. 120867, Dubai - U.A.EPh: +971 56 928 6664

E-mail: [email protected]: www.alhudacibe.com

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Payment Information Registration forms must be accompanied by full payment in order to be processed.Full payment is due on registration.Registration will not be confirmed until full payment has received.Cancellation Policy AlHuda CIBE do not have any cancellation policy once registration finalized, meanwhile, alternative can be nominated.

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

Conference fee include admission to conference sessions, tea/coffee, lunch, registration materials and Certificate.

Participants Fee

Discount PolicyFive or more delegates from the same organization - 20% discountEarly Bird Discount till 30 days before the event - 20% DiscountFrom the above only one discount option can be availed at a time

Additional Instructions

6th African Islamic Finance SummitNovember 4 - 5, 2019 at Hyatt Regency, The Kilimanjaro, Dar es Salaam - Tanzania

6th African Islamic Finance Summit (November 4 - 5, 2019 - Hyatt Regency, The Kilimanjaro, Dar es Salaam - Tanzania)

495 USD (2 days)

6th African Islamic Finance Summit + Two Days Post Event Workshop on Operational Aspects of Islamic Banking and Takaful (November 4 - 7, 2019 - Dar es Salaam-Tanzania)

495 USD (2 days)

895 USD (4 days)

Conference Fee

Event Name

Two days Post Event Workshop on Operational Aspects of Islamic Banking and Takaful (November 6 - 7, 2019 - Hyatt Regency, The Kilimanjaro, Dar es Salaam - Tanzania)

** Please state the conference name and the full name of the participant on the reverse of the chaque.

AlHuda CIBE FZ LLE - U.A.EP.O.Box. 120867, Dubai - U.A.E

Ph: +255 658 877 008, +971 55 938 9900E-mail: [email protected]: www.alhudacibe.com

QUALITY PRODUCTSAll our services meet the required standards and offer you competitive pricing andstrict regulatory compliance.

STRICT SHARIAH COMPLIANCEOur services are carefully designed for strict adherence of the principles of Shariah. Everyproduct, we offer is reviewed, approved, and overseen by highly respected and independentShariah scholars.

SERVICES EXCELLENCEWe are committed to the highest level of professionalism and strive to be respectful,responsive and reliable.

CENTRE OF ISLAMIC BANKING AND ECONOMICS