You Can Register on
04 April 2026
Course Info
Trainer/s
Training activity Hours
18
Training activity Date
2026-06-01 - 2026-06-03
Training Activity Days
Start and End Time
09:00 - 15:00
Training Activity Language
English
Methodology
IDL
Type of Training
International Programs
Deadline for registration
Monday, 4 May 2026, 5:00 PM
Price For Jordanian
1000JOD
Price For Non Jordanian
1408US$
Description
The rise of digital currencies—including central bank digital currencies (CBDCs) and cryptocurrencies—is revolutionizing global finance. Over 130 countries are exploring or implementing CBDCs, while cryptocurrencies continue to reshape the nature of money, value storage, and payment systems.
For the Islamic finance industry, these innovations raise profound questions:
- Are cryptocurrencies permissible under Shari’ah?
- How can CBDCs be aligned with Islamic financial principles?
- What are the economic, ethical, and social implications for Islamic economies?
Recognizing the critical importance of these discussions, IBS, with support from its international partners, is launching a 3-day specialized workshop to equip scholars, regulators, financial institutions, and fintech leaders with the knowledge needed to navigate this digital frontier in light of Shari’ah principles.
Outcomes
- Understand the structures, technologies, and regulatory frameworks surrounding CBDCs and cryptocurrencies.
- Analyze the Shari’ah perspectives on digital currencies, including permissibility and risks.
- Debate the opportunities and threats posed by digital currencies to Islamic finance and economies.
- Develop policy recommendations for regulators, Islamic banks, and fintechs in Jordan and the region.
Course Video
Contents
Day 1: Understanding the Digital Currency Landscape
Morning Session:
- Opening Ceremony
- Keynote: "The Future of Money: From Gold Coins to Digital Tokens"
- Session 1:
- Introduction to CBDCs: What they are, why they matter
- Global trends: Current Status, Success stories and ongoing pilots
- Common digital currencies and cryptos
Afternoon Session:
- Session 2:
- Introduction to Cryptocurrencies: Bitcoin, Ethereum, Stablecoins
- Differences between decentralized and centralized digital currencies
- Interactive Discussion:
- CBDCs vs. Cryptocurrencies: Competing models or complementary forces?
Day 2: Shari’ah Analysis and Ethical Considerations
Morning Session:
- Session 3:
- Cryptocurrencies and Shari’ah:
- Money vs. commodity debate
- Gharar (uncertainty), Maysir (gambling), and Riba (interest) concerns
- Cryptocurrencies and Shari’ah:
- Session 4:
- CBDCs and Shari’ah:
- Can a CBDC be designed Shari’ah-compliant?
- Trust, transparency, and zakat collection opportunities
- CBDCs and Shari’ah:
Afternoon Session:
- Groups Discussion and project:
- Project, Bankers, Scholars, regulators, economists, and legal experts debate "Are Cryptocurrencies Halal or Haram?"
- Case Study Review:
- Malaysia, Bahrain, and UAE experiences in regulating digital assets within Islamic frameworks
Day 3: Policy, Governance, and Innovation for Islamic Finance
Morning Session:
- Session 5:
- Regulatory approaches to CBDCs: Jordan’s future outlook
- Crypto regulations: What Islamic finance stakeholders must demand
- Session 6:
- Innovation for Good:
- Smart contracts for Islamic finance
- Waqf tokenization and Zakat distribution using blockchain
- Innovation for Good:
Afternoon Session:
- Workshop Breakout Groups:
- Drafting Policy Recommendations for Jordanian regulators, Islamic banks, and fintechs
- Closing Session:
- Presentation of Group Outcomes
- Summary of Learnings
- Certificate Distribution
Target Group
- Central bank policymakers and regulators
- Islamic banking and finance staff and executives
- Shari’ah scholars and advisory boards
- Academics and legal experts
- Fintech developers and digital payment innovators