CIBAFI-AAOIFI Technical Workshop on Product Development in Islamic Financial Institutions
October 13 @ 9:00 am - October 14 @ 12:00 pm

CIBAFI-AAOIFI Technical Workshop on Product Development in Islamic Financial Institutions is a two-day technical workshop focusing on product development, innovation and financial engineering in Islamic financial institutions. The programme also addresses Shariah, regulatory and legal requirements involved in developing new financial products.
Event Details
- Date: 13–14 October 2026
- Time: 9:00 AM–12:00 PM
- Format: Hybrid
- Language: Arabic
- Level: Intermediate to Advanced
- Venue: AAOIFI Office
- Fee: USD 400
- Organizer: CIBAFI-AAOIFI
Workshop Overview
The workshop covers key concepts and frameworks for product development in Islamic financial institutions, including Shariah, regulatory and legal requirements, innovation and financial engineering, and the practical process of developing, approving and implementing new financial products.
Key Objectives
- Understand the key concepts and frameworks of product development in Islamic financial institutions.
- Identify the Shariah, regulatory and legal requirements involved in developing new financial products.
- Explore innovation and financial engineering approaches in Islamic finance.
- Understand the product development process, including approval and implementation.
- Discuss practical challenges and best practices in developing Shariah-compliant financial products.
Target Audience
The workshop is intended for Shariah compliance professionals, product development professionals, Islamic banking practitioners, auditors, treasury managers, fund managers, regulators and senior management in Islamic financial institutions.
Instructional Method
The workshop will be delivered virtually or physically using presentations, Q&A and group discussions, practical examples and case studies.
Key Discussion Points
Day 1: Foundations of Product Development and Innovation
- Product development and innovation in Islamic finance
- Definition and nature of financial product development
- Overview of product development in Islamic financial institutions
- Areas of product development, innovation and financial engineering
- Key principles and considerations in developing Shariah-compliant products
- Common deficiencies and challenges in the product development process
Day 2: Framework and Practical Steps in Product Development
- Fundamental Shariah aspects governing product development
- Regulatory requirements and legal documentation in product development
- Parties involved in the product development and approval process
- Shariah approval process for new financial products
- Practical steps of the product development process
- Key challenges affecting product development, including regulation, market infrastructure and human capital
Additional Information
Refreshments will be available throughout the session.
Registration & Contact
Exclusive Discounts for AAOIFI & CIBAFI Members
Complimentary seats and up to 50% discount available for members.
Secure your seat and advance your knowledge in Islamic finance and Shari’ah governance.
To register: https://aaoifi.com/aaoifi-shariah-conference-workshops-october-2026/?lang=en
- Telephone: 00973 17375416
- Email: cbp@aaoifi.com

