PAKISTAN: Tajweez Bahrain Launches Islamic Finance 360áµ’ Trainings

Tajweez Advisory Co. WLL, the first Pakistani backed advisory firm in Bahrain in the niche Islamic Finance sector, has launched their Islamic Finance 360áµ’ training project at the prestigious Institute of Bankers Pakistan.

The 3-Day intensive workshop titled ‘Islamic Product Structuring and Pricing: Tools and Techniques’ was conducted by a team of top-notch Shari’ah Scholars and technicians from October 7 till 9.

The workshop was accredited and made available to members of the Institute of Chartered Accountancy of Pakistan (ICAP) who were eligible for 24 CPD hours. Amongst the IFIs which participated in the program included Dubai Islamic Bank, Al Meezan Investment Management Ltd, Meezan Islamic Bank, BankIslami, Habib Bank Limited, and Burj Bank Ltd. A group of budding Shari’ah Scholars from Darul Uloom Korangi also took the intensive training.

On completion, the participants acquired an in-depth understanding about the Shari’ah and business complexities and implications involved in the process of structuring and pricing successful Islamic Financial products.

“We are committed to the development of highly skilled Islamic Finance workforce at a global level,” said Farhan Noor, Executive Director Islamic Finance at Tajweez Advisory. “We chose Pakistan as our project launching pad given the dynamics of the industry and the availability of experts here.

“Our vision is to bring unsurpassed Islamic Finance trainings and professional development opportunities to the world through individual and institutional level collaborative partnerships”, he added. “To this effect we are pursuing collaborations with infrastructure institutions, IFIs, and business universities.”

Work is underway to take the Islamic Finance 360áµ’ and the entire gamut of Tajweez Advisory offerings to Riyadh, Kuala Lumpur, Luxembourg, and London in the near future.

Pak-Qatar General Takaful Limited (PQGTL), a Qatari-sponsored Takaful Operator, was the Lead Sponsor of the workshop. “This workshop was not conducted on commercial basis. Importance was given to attracting experts to deliver their time and insights and this makes Tajweez different from other trainings,” said Muhammad Raza, Vice President ReTakaful and Claims at PQGTL, at the certificate distribution ceremony.

The Islamic Finance 360áµ’ training project is designed and developed to cater to the HR needs of the industry at every level. The 360 represents the comprehensiveness and the completeness of the workshops in terms of imparting knowledge and building critical skills in the art and science of Islamic Financing.

Tajweez Advisory Co. WLL, an independent firm, incorporated in 2010, is headquartered in Manama, Bahrain, the GCC Hub of Islamic Finance, with offices in Kingdom of Saudi Arabia, UAE, and Pakistan.

We render comprehensive financial and management advisory, consultancy, research, and training services and solutions with the right mix of insight and strategy to help clients get their technical work done in innovative and cost effective manner.

Our core areas of expertise are problem identification and problem solving both at the strategic and operational levels of business management, corporate finance, risk management, and Islamic Finance.

On our consultancy panel include prominent and experienced business professionals and Shari’ah Scholars.

Why Tajweez Advisory? Because it is both practical and profitable to outsource critical business functions to the experts. Optimizing the value of your spend is at the heart of our services which is achieved by taking your matters both personally and professionally. We rely on the strength of smart work, cutting-edge technology, and strong ethics to deliver the results and that is where we seek to differentiate ourselves from our competitors.

Tajweez Advisory has a thing for societal uplift and betterment and as such participates, channelizes, and/or arranges resources towards worthwhile causes.