ADFIMI - UDBL Joint Seminar on 'Application of Modes of Islamic Finance in Development Banking', was held in Kampala, from 16 to 18 January 2012.
The course provided basic details of the concept, principles and major activities of Islamic banking and finance (IBF). Participants were furnished with information on the basic structure of IBF, the core principles that were drivers to the industry and the way Islamic Banking and Islamic Finance products were structured and how they were applied in the retail banking, corporate banking and the treasury department.
The seminar was conducted by Dr. Mustafa Omar Mohammed, International Islamic University Malaysia. An additional lecturer on SME Finance, Dr.Dadang Muljawan was provided by Islamic Research and Training Institute (IRTI).
The Seminar was attended by 40 participants 18 of which came from Development Bank of Uganda Ltd., who co-sponsored the event. Other participants were from local finance institutions and law firms.
There were continuous lively discussions especially on the case studies. The participants required another seminar where details concerning the practice would be delivered.
