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Course Info
Trainer/s
Training activity Hours
18
Training activity Date
2026-06-01 - 2026-06-03
Training Activity Days
Monday, Tuesday, Wednesday
Start and End Time
‏09:00 - 15:00
Training Activity Language
English
Methodology
IDL
Type of Training
International Programs
Deadline for registration
Sunday, 24 May 2026, 5:00 PM
Price For Jordanian
1000 JOD
Price For Non Jordanian
1408 US$
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 Session 4: CBDCs and Shari’ah: Can a CBDC be designed Shari’ah-compliant? Trust, transparency, and zakat collection opportunities 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 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