Centre for Islamic Economics- CIE

Alhamdulillah! A landmark partnership for excellence in Islamic finance: UBL Ameen and the Centre for Islamic Economics- CIE—A Division of Jamia Darul Uloom Karachi—have officially signed a Memorandum of Understanding.

Under this strategic agreement, CIE—the pioneer and oldest capacity-building institute in the field—will spearhead comprehensive Islamic finance training and human capital development for UBL Ameen’s workforce nationwide.

The MoU was signed by Dr M***i Muhammad Imran Usmani (Director, CIE) and Mr. Ejaz Farooq (Deputy CEO, UBL), solidifying a shared commitment to rigorous Shari’ah compliance and continuous professional growth.

We look forward to the profound impact this collaboration will have on the future of the industry.

Eid Mubarak! May this Eid bring peace, prosperity, and blessings to all! At the Centre for Islamic Economics, we strive to illuminate the principles of Islamic economics for a just society.

The Messenger of Allah (ﷺ) said:
There should be neither harming nor reciprocating harm. Sunan Ibn Majah 2340

Gharar (Uncertainty), Islam prohibits excessive ambiguity in commercial contracts. The Messenger of Allah (ﷺ) forbade Gharar transactions (Sunan Ibn Majah 2195). Clear contracts prevent disputes, exploitation, and unjust enrichment.

We bring the principles of Asset-Backed Financing into your professional practice, aligning wealth generation with real economic activity and Islamic values. Let this holy month inspire you to build transparent, Shariah‑compliant financial strategies that shield your business from speculative bubbles.

Empower your business & personal growth with the spirit of Sadaqah (charity) this Ramadan!The Prophet ﷺ said, “Charity does not decrease wealth” (Sahih Muslim 2588). Our corporate & individual training programs teach how giving increases barakah and circulates wealth, aligning corporate social responsibility with Islam’s economic objectives to prevent capital concentration.

Sharing the powerful concept of Risk Sharing from Islamic economics, the idea that profit must follow responsibility (risk), inspired by the Hadith _الْخَرَاجُ بِالضَّمَان_ (Sunan Ibn Majah 2243). In this holy month, learn how businesses can achieve economic justice by fairly distributing profit & loss, ensuring capital doesn’t claim guaranteed returns without sharing risk. Join our special Ramadan training sessions for ethical finance & corporate excellence.

May the blessings of Ramadan inspire us to uphold Amanah(trust) in every endeavor. At the Centre for Islamic Economics, we guide financial institutions and individuals to act as fiduciaries with absolute transparency, ensuring trust is returned to those who deserve it.

Empower your career with halal earnings & ethical business practices!Join our corporate & individual training programs at the Centre for Islamic Economics, where we teach you to build barakah filled income through honest work, just as the Prophet (ﷺ) advised:No man earns better than what he earns with his own hands.

Mastering AAOIFI frameworks demands technical precision. Dr. M***i Aijaz Ahmed Samdani and M***i Bilal Ahmed Qazi lead our latest CASS cohort through the operational strictures of Standard 10 (Salam) and Standard 9 (Ijarah). Transforming theory into viable corporate practice.