RECORDER REPORT

KARACHI: Center for Excellence in Islamic Finance (IBA CEIF) has announced an advanced level course on “Pool Management and Profit Distribution Framework in Islamic Financial Institutions”.

The advanced level course will be held on the 28th of September, 2017. The course will enable the participants to gain practical insights about the Profit Calculation & Distribution Mechanism and Pool Management guidelines in Islamic Financial Institutions based on the unique Mudarabah based deposit structure.

The course will help to understand overall framework of Mudarabah based deposit and the concept of General, Special and Treasury pools, besides, exploring Pool Management guidelines for Islamic Financial Institutions.

The course will also discuss the management of multiple assets and deposit pool and their profit distribution mechanism and the Shariah Audit of pool management and profit distribution.