The Center of Islamic Finance, established by COMSATS Institute of Information Technology (CIIT), Lahore is organizing the 6th Global Forum on Islamic Finance (GFIF) on March 13 & 14, 2018 at Pearl Continental Hotel, Lahore, Pakistan. The theme for GFIF 2018 is “Islamic Finance – Building Sustainable Future”. It provides a premier interdisciplinary platform for researchers, practitioners and academician to present and discuss the most recent innovations and trends as well as practical challenges encountered and solutions adopted in the field of Islamic Banking and Finance. Read More ...

The recent global financial crisis and the hardships it imposed on many people have raised many questions about the stability and sustainability of the conventional financial system. There are calls for alternative systems that could serve the long-term interests of average citizens around the world while adding value to the real economy. Many observers believe that the Islamic financial system can provide such an alternative, making significant contributions to the sustainable development of global financial markets. Islamic financial sector has the potential to contribute to the achievement of the Sustainable Development Goals.

GFIF History:

GFIF 2017
The Present and Future
Proceedings | Event Website
GFIF 2016
Value Creation and Impact
Proceedings | Event Website
GFIF 2015
A Viabale Financial Alternative
Proceedings | Event Website
GFIF 2014
Developments and the Way Forward
Proceedings | Event Website
GFIF 2013
New Realities New Challenges
Proceedings | Event Website

أَهُمْ يَقْسِمُونَ رَحْمَتَ رَبِّكَ  نَحْنُ قَسَمْنَا بَيْنَهُم مَّعِيشَتَهُمْ فِي الْحَيَاةِ الدُّنْيَا  وَرَفَعْنَا بَعْضَهُمْ فَوْقَ بَعْضٍ دَرَجَاتٍ لِّيَتَّخِذَ بَعْضُهُم بَعْضًا سُخْرِيًّا  وَرَحْمَتُ رَبِّكَ خَيْرٌ مِّمَّا يَجْمَعُونَ

Is it they who would portion out the Mercy of your Lord? It is We Who portion out between them their livelihood in this world, and we raised some of them above others in ranks, so that some may employ others in their work. But the Mercy (Paradise) of your Lord (O Muhammad SAW) is better than the (wealth of this world) which they amass.

Al-Quran 43:32

Objectives

Promote

Better understanding and application of Islamic finance in the light of contemporary needs

Solution

Solutions according to principles and spirit of Islamic Finance

Platform 

Platform for Islamic banking professionals to build network under a global umbrella

Standardization 

Standardization of Shariah principles that would lead to harmonization of the capital markets  industry

Liaison

Creating a liaison between academica, entrepreneurs and industry professionals

Program

Day One – March 13, 2018

09:00 –10:00

Arrival of Participants

10:00 – 10:05

Recitation of the Holy Quran

10:05 – 10:10

Welcome Address

10:10 – 10:30

Keynote Address

10:30 – 10:40

Address of Chief Guest

10:40 – 10:50

Vote of Thanks

10:50 – 11:00

Souvenir Exchange

11:00 – 11:15

Refreshments and Networking

11:15 - 12:15

Session I –A, Policy Roundtable Meeting

11:15 – 13:05

Session I –B

13:05 –14:00

Prayer Break followed by Lunch and Networking

14:00 – 15:50

Session II – A, Halal Lifestyle

14:00 – 15:50

Session II – B

15:50 – 16:05

Prayers Break Followed by Refreshments & Networking

16:05 – 17:15

Session III– A, Workshop on Fintech

16:05 – 17:15

Session III– B, 6th Meeting of CIF Advisory Board

20:00

Gala Dinner

Day Two – March 14, 2018

09:00 – 10:50

Session I – A

09:00 – 10:50

Session I –B

10:50 – 11:05

Refreshments & Networking

11:05 – 12:55

Session II – A

11:05 – 12:55

Session II – B, Halal Lifestyle

12:55 – 14:00

Prayers Break Followed by Lunch & Networking

14:00 – 15:30

Session III – A

14:00 – 15:30

Session III – B

15:30 - 15:45

Prayers Break Followed by Refreshments & Networking

15:45 – 16:35

Panel Discussion

16:55- 17:05

Conference Report

17:05- 17:20

Souvenirs Exchange

17:30

Vote of Thanks

Key Dates

EventsDates
Full Length Paper SubmissionDecember 30, 2017
Abstract of Talk with Presentation by PractitionersDecember 30, 2017
Final Registration by Participants / Practitioners / AudienceFebruary 13, 2018

GFIF Committees

Executive Management:

Prof. Dr. Raheel Qamar (T.I or Tamgha-i-Imtiaz)Rector, CIITConvener
Prof. Dr. Qaisar AbbasDirector, CIIT LahoreMember

Advisory Committee:

Prof. Dr. Khalid RaizDean FBA, CIIT Member
Prof. Dr. Farzand Ali JanChairperson MS, CIIT Attock Member
Dr. Abdus Sattar Abbasi Head CIF Member
Dr. Imran Haider Naqvi Sr. Manager HR, CIIT Lahore Member
Ms. Zainab NaveedAssistant Professor, CIF Convener GFIF

GFIF Secretariat:

Ms. Zainab NaveedAssistant Professor, CIF Convener GFIF
Ms. Gulnaz AltafAssistant, CIF Secretary GFIF
Mr. Ghulam AbbasRA, CIF Member
Mr. Muhammad SaleemCO, CIF Member
Mr. Abdul Qayyum LDC, CIF Member

Workshops

Sponsors

Knowledge Partners

Workshop on Islamic Finance & Fintech

Financial Technology (Fin-tech) is attracting a great deal of attention from consumers, investors, banking and finance professionals, investment industry,asset managers, micro-finance professionals and regulators across the globe. Islamic Fin-tech (combination of Islamic Finance and technology) can create a new economy, new market and new growth in the financial sector.It has enormous potential to enhance financial inclusion to under-banked populations across the world.

Date: March 15-16, 2018
Venue: COMSATS Institute of Information Technology, Defence Road, Off Raiwind Road, Lahore Pakistan

Trainer Profile

Dr. Najeeb Zada is the Head of Shariah Advisory Board at Amanah Institute of Islamic Finance and Economics (AmanahIIFE) and is a permanent faculty member in the Faculty of Religious and Legal Studies at the historic Islamia College University, Peshawar. He earned his PhD in Islamic finance from the International Centre for Education in Islamic Finance (INCEIF), also known as the Global University of Islamic Finance, Malaysia. Prior to this, he completed three Master degrees in Islamic Studies (with gold medal), Arabic (with distinction), and English linguistics (with first position certificate) respectively. He also studied in a traditional Islamic school in Pakistan and successfully earned the degree of al-Shahadat al-A’alamiyyah (equivalent to a Master in Islamic Studies and a Master in Arabic). While pursuing PhD in Malaysia, Dr Najeeb assisted in the successful completion of various research projects at the International Shariah Research Academy for Islamic Finance (ISRA) and INCEIF. He is still providing his expertise and assistance towards various research projects in progress at ISRA. Dr. Najeeb’s areas of research include insolvency, bankruptcy, restructuring as well as the legal, regulatory, supervisory and Shariah aspects of Islamic finance in general and sukuk in particular. He is also an expert in some technical and recently emerging areas in Islamic finance including fintech and digital currencies (bitcoin etc.). Aggitionally, he is a member of the Shariah advisory board at Addengreens Dubai and Salihin Shariah Advisory, Kuala Lumpur. He is a certified Islamic finance trainer and a member of the association of Shariah advisors (ASAS), Malaysia. Dr. Najeeb has numerous research articles and book chapters published in different journals on diverse topics in Islamic finance. He has presented more than ten research papers in different international conferences held in Malaysia, Indonesia and Pakistan that were organized and funded by reputed organizations like World Bank, the Islamic Development Bank (Jeddah), Financial Guidance Group and INCEIF. Dr Najeeb is also included on the list of refereed reviewers for the International Journal of Islamic and Middle Eastern Finance and Management (indexed in Scopus) as well as ISRA International Journal of Islamic Finance and frequently contributes to the field of quality research in Islamic finance through his rigorous review. He can be contacted at: najeebzada@icp.edu.pk.

Workshop on Halal Lifestyle

Halal Lifestyle is an essential part of Islamic faith. Center of Islamic Finance at CIIT Lahore is persistent to promote Halal Lifestyle in the society to strengthen movements such as Islamic business, Islamic economics, Islamic finance, Islamic marketing, Islamic work ethics etc. Halal Authority Act has been passed by the Government of Pakistan in 2015 and CIF-CIIT is playing a pivotal role in implementing this Act by establishing Halal Advsiory Services. In continuation CIF-CIIT is conducting a workshop on Halal Lifestyle at the platform of GFIF 2018.
Workshop on Halal Lifestyle is designed to provide knowledge and guidance to participants on the implementation of Halal in our lives.

Date: March 13, 2018
Venue: Crystal Hall, Pearl Continental Hotel, Lahore, Pakistan

Topics

  •  Introduction
  • Significance
  • "Halal" the key component of our lifestyle
  • Potential in Halal industry 
  • Global Halal industry 
  • Relationship between Halal industry  & Islamic Finance
  • Important areas of Halal industry 
  • Critical issues of Halal industry
  • Answer Question   

Learning Objectives

  • To understand the concept of Halal
  • To understand why "Halal" is the key component of our lifestyle
  • To understand financial potential of Halal industry
  • To understand relationship between Halal industry  & Islamic finance
  • To learn about important areas of Halal industry 
  • To understand critical areas in Halal industry  
  • To Identify Halal risk on ingredients of food

Trainers:

Mufti Hassan Usmani

Director Global Halal Advocacy (GHA)
In charge Halal Advisory Services (HAS)    

Mufti Uzair Usmani

Sharia Coordinator Meezan bank
Sharia advisor Iqra Islamic trust

Mufti Ahsan Zafar

Director SANHA Lahore

Knowledge Partners

Workshop on Islamic Microfinance

Islamic microfinance still represents a small portion of Islamic finance as a whole, however, rapid development has been witnessed in the past few years in terms of service and nurturing community empowerment through Islamic financial activities and transactions in order to achieve public welfare goals.
This activity is part of the program to boost the capacity of human resources aimed at: (i) Enhancing the expertise, skills and capacity of policymakers and practitioners of Islamic microfinance. (ii) Raising participant awareness regarding the importance of establishing a network of Islamic Microfinance. (iii) To determine what current institutions exist in Pakistan that can aid in the growth of Islamic microfinance; (iv) Challenges of Islamic Microfinance in Pakistan./

Date: March 14, 2018
Venue: Crystal Hall, Pearl Continental Hotel, Lahore

Who Should Attend?

  • 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 Sectors
  • Govt. Development Departments
  • Local and International Donors Agencies
  • SMEs & Corporative Societies
  • Academia
  • Regulators and Govt. Officials

Learning Objectives

  • Islamic Microfinance covers a range of products, such as credit products, financing products and insurance. However, for the purposes of this traning, we will focus on the products currently being offered by Islamic microfinance institutions.
  • To determine what current institutions exist in Pakistan that can aid in the growth of Islamic microfinance;
  • Challenges of Microfinance in Pakistan.
  • To help practitioners on the way forward.

Trainer Profile:

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.

Contact Us

UAN:     +92 42 111 001 007 Extension 121, 182, 125
Tel:        +92 42 99203979
Email:    islamicfinance@ciitlahore.edu.pk

Center of Islamic Finance,
COMSATS Institute of Information Technology,
Defence Road, Off Raiwind Road, Lahore Pakistan