2 Days Specialized Training Workshop on

Islamic Banking & Finance th20 - May, 2013, Baku - Azerbaijanth21

Jointly Organized By

Azerbaijan Micro-financeAssociation (AMFA)

AlHuda Center of Excellence

in Islamic Microfinance

An effective Workshop for Caucasus & CIS Countries

ABOUT ALHUDA CIBEAl Huda Center of Islamic Banking and Economics (CIBE) came into existence in 2005. Ever since its commencement, Al Huda CIBE's team is working devotedly and tirelessly to promote Islamic Banking and Finance and improve its image nationally and internationally. We have the privilege to be the pioneer in providing state-of-the-art advisory, consultancy and education through various cutting-edge modes namely, campus programs, distance learning programs, awareness programs, Islamic Microfinance products development, trainings, workshops and conference. Moreover, our specialized and research oriented publications are another source of knowledge delivery. Al Huda CIBE has so far organized more than 400 trainings, 32 successful campus programs and training courses for numerous national and international students.

ABOUT AZERBAIJAN MICROFINANCE ASSOCIATION - AMFAAMFA exists to strengthen the capacity of micro-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.

TRAINING SUMMARYAzerbaijan has a population size of 9,493,600 with

1.017% population annual growth rate. 48% of the

population lives in the rural and 52% in urban areas.

11% live below the poverty line. Around 95 percent of

the population is Muslims. So, Islamic Banking & finance

would be highly accepted there and would ultimately

help in reducing poverty of Azerbaijan.

Islamic Banking 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 Banking, Finance &

Microfinance 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.

Contents of Training

Riba & Its Prohibition s What is Riba (Interest)? Prohibition of Riba in Islam.s Types of Riba.o Riba tul Nissayaho Riba tul Fadleo Riba in Modern Banking and Finance.

Islamic Economicss Introduction to Islamic Economics System.s Land, Labor, Wages and Entrepreneur Laws in

Islamic Economics.s Comparison of Islamic Economic System with

Socialism & Capitalism.

Islamic Banking and Financial Mechanisms Introduction to Islamic Banking and Finances Overview of Islamic Banking and Financial

Industry Worldwides Shariah Perspective of Islamic Banking and

Finance

Partnership Based Mode of Islamic Banking & Finance Mudarabah & Musharakah)s Mudarabaho The basic rules and Features of Mudarabaho Distribution of Profit & Loss in Mudarabahs Musharakaho The basic rules and Features of Musharakah.o Distribution of Profit & Loss in Musharakahs Diminishing Musharakaho Determine the Rental in Diminishing

Musharakaho Unit Sale mechanism in Diminishing

Musharakaho Diminishing Musharakah as Ideal product for

Islamic Housing Finance.

Trade Based Mode of Islamic Banking & Finance (Murabahah, Musawamah, Salam & Istisna) s Basic Rules & Kind of Bai (Trade) in Islamic

Banking and Finance.o Some Basic Types of Bai (Murabahah, Salam,

Istisna, Tawarruq, Musawamah Surf, Urboon, Eenna, Touliya, Wadhia etc)

o Bai according to Quality (Bai Salah, Bai Fasid, Bai Batil, Bai Maqoof, Bai Majool, Bai Muqayaddah, Bai Mu'ajal etc)

Murabahah s Basic Features of Mudarabahs Murabaha as financing mode s Stages involve in Murabaha Transaction. s Shariah compliance & legal documentation of

Murabaha contract. s Murabaha in International Trade. s Practical aspects & issues of Murabahah

Salam,& Istisn'ao Basics of Bai Istisna & Bai Istisna o Difference between Salam & Istisnao Practical implementation of Salam & Istisna.

Rental Based Modes of Islamic Banking & Finances Ijarah (Islamic Lease)s Sharia'h compliance of Ijarah Practical aspects & Issues of Ijarah Takaful (Islamic Insurance).s Different Models, Products & Type of TakafulSukuk (Islamic Bond) s Types and Structure of Sukuk (Islamic Bond)

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 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.

Contents of Training

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

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

§ Banks & Financial Institutions§ Microfinance Institutions§ Insurance & Leasing Companies§ Financial & Banking Institutions§ Rural & Agri. financial Professional§ Community Developments§ NGOs and NPOs§ 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

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: _______________________________________________________________________________________________

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Workshop 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 $ 850

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 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: _______________________________

Cancellation Policyv Cancellation of participation must be received in writing before one month of training.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 $90 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.

For members 630 AZNFor non members 670 AZN

2 Days Specialized Training Workshop onISLAMIC BANKING & FINANCE

Registration Form

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.

By signing 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.

2 Days Specialized Training Workshop on Islamic Banking & Finance

20th – 21th May, 2013, Baku - Azerbaijan

İntermediary bank: Wells Fargo Bank, N.A., New York, USASWIFT code: PNBPUS3NNYCAccount number: 2000193004380

Beneficiary Bank: Bank RespublikaSWIFT code: BRESAZ22

Beneficiary (Receiver) : Azerbaycan Miromaliyya Assosıasıyası Ictımaı BırlıyıAccount number (USD): AZ65BRES003813840 00111773602

Beneficiary (Receiver) : Azerbaycan Miromaliyya Assosıasıyası Ictımaı BırlıyıIBAN (AZN): AZ71BRES00380394400111773601TIN: 1000440631Bank: “Bank Respublika” ASC Nərimanov branchCorrespondent account: AZ80NABZ01350100000000014944Code: 508182SWIFT: BRESAZ22TIN: 9900001901

www.a l h udac ibe . com/ imhd

Our Services in Islamic Microfinance

Shariah Compliant Solutions for Microfinance

Centre of Excellence inIslamic Microfinance

Islamic Microfinance ProductDevelopment

Training & Capacity Building

Shariah Advisory

Research and Innovation

Publications & Reports

Networking and Awareness

For Registration Please Contact

Azerbaijan Micro-finance Association (AMFA)

Konul HuseynovaNetwork Relations assistant44, Jafar Jabbarli Street, CaspianPlaza 1, 5th Floor, Baku, Azerbaijan, AZ1065Tel: (+994 12) 437 16 45Fax: (+994 12) 437 23 39cell: (+994 51) 867 40 27Skype: konul.nhE-mail: member_servicesWeb: www.amfa.az