Cibe
AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) is a Dubai-based Islamic finance consultancy founded in 2005, offering Shariah advisory, product development, training, and certification to banks, regulators, and financial professionals across 104+ countries.
- Company typePrivate
- Founded2005
- HeadquartersDubai, United Arab Emirates
- Headcount—
- GTM typeB2B
- OfferingServices
What Cibe does
AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) is a Dubai-headquartered, privately-held consultancy and advisory firm dedicated to the development of Islamic banking and finance. Founded in 2005, the firm delivers professional services across Islamic financial product development, Shariah advisory and certification, training workshops, Islamic microfinance consultancy, Takaful consultancy, and industry publications, serving financial institutions, regulators, and professionals across more than 104 countries. Service delivery is anchored by structured capacity-building programs including the multi-country CIS Islamic Finance Roadshow and the annual AlHuda CIBE Global Webinar Series, complemented by the AlHuda Today digital publication platform.
The underlying operating model is human-led domain expertise rather than a technology platform. Core deliverables include Shariah governance frameworks, conversion roadmaps for conventional-to-Islamic banking transitions (e.g., PPCBL), bespoke Shariah-compliant product structures (e.g., gold and Islamic funds co-developed with MAC & RO Capital), and over 1,500 training programs delivered worldwide. Technology use is limited to standard publishing, webinar, and event-management tooling; no proprietary AI, software product, or API is disclosed.
AlHuda CIBE generates revenue through three professional-services streams: bespoke advisory and consultancy engagements, training programs and capacity-building workshops, and events and webinars. Pricing is not publicly disclosed and is scoped per engagement. Go-to-market is event-driven and community-led, leveraging conferences, exposure visits, webinars, and strategic partnerships with banks, educational institutions, and capital market participants. The firm is led by CEO Muhammad Zubair Mughal, with no disclosed parent company, ownership structure, or external funding.
Cibe firmographics
Firmographics- Name
- Cibe
- Legal name
- AlHuda Centre of Islamic Banking and Economics
- Website
- https://alhudatoday.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Short description
- AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) is a Dubai-based Islamic finance consultancy founded in 2005, offering Shariah advisory, product development, training, and certification to banks, regulators, and financial professionals across 104+ countries.
- Ownership category
- akta.pro rank
Cibe industry classification
Industry- Product category
- Islamic Finance Advisory and Consultancy
- NAICS
- Portfolio Management and Investment Advice (523940), Other Scientific and Technical Consulting Services (54169)
- SIC
- Investment Advice (6282), Finance Services (6199)
- akta.pro primary industry
- Shariah Governance, Compliance & Advisory (Shariah Boards, Audit, Fatwa) (FSABAGAJ)
- akta.pro secondary industries
- Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH), Islamic Investment Banking & Capital Markets Services (FSABAGAG), Islamic SME & Commercial Banking (FSABAGAB)
Keywords
Where Cibe is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices2 records
Markets served
Cibe business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Advisory and Consultancy Services: Providing state-of-the-art Advisory Consultancy for Islamic banking transformation, Shariah governance development, product design, and operational policy preparation for financial institutions transitioning to Islamic banking
- Training Programs and Capacity Building: Training workshops and professional capacity building programs for banking professionals, Shariah advisors, and financial institution staff. Over 1,500 training programs delivered worldwide
- Events and Webinars: Organizing international conferences, exposure visits, and specialized webinars including the Global Webinar Series with 33 specialized sessions covering Sukuk, Shariah-compliant FinTech, blockchain, Islamic digital banking, Takaful, and Islamic microfinance
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Cibe product offering
Product offeringCore offering
AlHuda CIBE is a consultancy and advisory firm offering Islamic banking and finance services, including Shariah-compliant product development, Shariah governance advisory, Takaful and Islamic microfinance consultancy, and professional training workshops for financial institutions transitioning to or expanding Islamic banking operations. The firm supports banks, regulators, and capital market participants across more than 100 countries with structured advisory engagements and capacity-building programs.
Product overview
AlHuda Centre of Islamic Banking and Economics (CIBE) is a consultancy and advisory firm offering a comprehensive suite of Islamic banking and finance services. The company operates through multiple interconnected service lines including Islamic Financial Product Development, Shariah Advisory, Training Workshops, Islamic Microfinance Consultancy, Takaful Consultancy, and professional Publications. These services are delivered through capacity-building programs such as the CIS Islamic Finance Roadshow and the AlHuda CIBE Global Webinar Series, which provide structured training and certification for professionals across more than 100 countries. The company positions itself as a one-stop shop for institutions seeking to develop, launch, or convert to Shariah-compliant financial operations.
Differentiator
Problem solved
Functional benefit
Brands
- AlHuda Today: A publication platform presented by AlHuda CIBE covering Islamic banking and finance news, events, and industry developments.
Products and services
- Islamic Financial Product Development Development of new Shariah-compliant financial products and instruments for client financial institutions, including Sukuk structures, Murabaha, Mudarabah, and other Islamic financing mechanisms.
- Shariah Advisory Expert advisory on Shariah compliance for financial institutions, covering governance frameworks, product certification, and regulatory alignment with Islamic financial principles.
- Shariah Certification Certification services ensuring Islamic financial products and institutions comply with Shariah principles and standards.
- Training Workshops Professional capacity-building programs covering Islamic banking, Takaful, Islamic microfinance, and Sukuk structuring, delivered to bankers, regulators, and industry professionals across 100+ countries.
- Takaful Consultancy Advisory services for Islamic insurance (Takaful) operations, including product development, Shariah-compliant underwriting, and claims management.
- Islamic Microfinance Consultancy Specialized advisory for developing and implementing Islamic microfinance products and programs targeting underserved communities.
- Publications in Islamic Banking and Finance Research publications, reports, and thought leadership content covering trends, regulatory developments, and best practices in Islamic banking and finance.
- AlHuda CIBE Global Webinar Series Year-long structured webinar program delivering specialized Islamic finance knowledge sessions on Sukuk, Shariah-compliant FinTech, blockchain, Islamic digital banking, Takaful frameworks, and Islamic microfinance.
Companies that use Cibe
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Cibe technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Cibe partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- MAC & RO CapitalcoreGold Partner for AlHuda CIBE global events, exposure visits and webinars. Collaboration to create state-of-the-art Shariah-compliant structure centered on gold and Islamic funds within capital markets. Partnership aims to develop innovative Shariah-compliant financial solutions for global investors and advance research in Islamic finance integration with gold-based investments.
- PSICAHSP GROUP - MOZAMBIQUEcoreStrategic partnership to advance Islamic Banking and Finance in Mozambique, promoting ethical and sustainable financial practices in the region.
- Punjab Provincial Cooperative Bank Limited (PPCBL)coreAdvisory agreement for conversion of PPCBL's conventional banking operations into Shariah-compliant Islamic banking. AlHuda CIBE provides comprehensive advisory including Shariah governance design, Islamic banking product development, operational policies, regulatory alignment, and staff training for smooth and compliant transition.
- Eco Islamic Bank CJSCflagshipPartner for the Kyrgyzstan session of the CIS Islamic Finance Roadshow 2025. Hosted training on Islamic Banking, Takaful, Islamic Microfinance, and Sukuk at Eco Islamic Bank office in Bishkek.
- Barakat Educational CentercoreOfficial Partner for the Kyrgyzstan Islamic Finance Roadshow, serving as leading institution promoting Islamic finance education. Training held at Barakat Educational Center headquarters in Bishkek.
Scale indicators6 records
Recent moves5 records
Expansion highlights6 records
Cibe competitors and assessment
Company assessmentDirect peers
- IFAAS (Islamic Finance Advisory & Assurance Services): A Bahrain-based Islamic finance advisory firm providing Shariah audit, product structuring, and training services. Direct competitor in the institutional Shariah advisory and capacity-building space where AlHuda CIBE operates.
- Dar Al Sharia: A Shariah advisory and consultancy firm headquartered in the UAE offering Shariah compliance, product development, and Islamic finance training. Closely comparable to AlHuda CIBE in service mix, geographic reach, and client base of financial institutions transitioning to Islamic banking.
- Shariyah Review Bureau: A Dubai-based Shariah advisory and certification firm providing Shariah compliance review, product certification, and corporate governance services. Direct competitor to AlHuda CIBE's Shariah advisory business, serving banks, Takaful operators, and fund managers across the GCC and globally.
- Ideal Ratings: A Shariah screening, certification, and Islamic finance advisory firm serving asset managers, banks, and ratings agencies. Comparable to AlHuda CIBE's Shariah compliance and product certification offerings, with a more technology-platform orientation.
Broad incumbents
- EY (Ernst & Young) Islamic Finance: EY's dedicated Islamic finance practice provides advisory, assurance, and tax services to Islamic banks and financial institutions globally. Comparable to AlHuda CIBE in the institutional advisory space, but with significantly broader geographic delivery and procurement vendor status with large financial institutions.
- KPMG Islamic Finance: KPMG's global Islamic Finance practice provides audit, tax, and advisory services to Islamic financial institutions, including Shariah governance and conversion advisory. Competes with AlHuda CIBE for institutional mandates, particularly in the GCC and Southeast Asia.
- Deloitte Islamic Finance: The Islamic finance practice of Big 4 firm Deloitte, offering end-to-end advisory, audit, tax, and consulting to Islamic banks, Takaful operators, and sovereigns. A scaled incumbent that competes for large institutional conversion and Shariah governance mandates that AlHuda CIBE also targets.
Emerging players
- Bahrain Institute of Banking and Finance (BIBF): A leading Bahrain-based professional training institute offering Islamic finance certification, executive programs, and capacity building. Comparable to AlHuda CIBE's training and webinars business line, with a stronger institutional/regulated-training positioning.
- ISRA (International Shari'ah Research Academy for Islamic Finance): Malaysia-based Shariah research and advisory institution providing Shariah rulings, product review, and training for Islamic finance institutions. Comparable to AlHuda CIBE in research and Shariah advisory, with a stronger academic and standards-orientation.
Others
- AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions): The Bahrain-based international Islamic finance standards-setting body for Shariah, accounting, auditing, and governance standards. Adjacent to AlHuda CIBE's Shariah advisory practice, as AAOIFI standards are typically the framework clients adopt during conversion mandates where AlHuda CIBE advises.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Cibe social profiles
Digital presenceCibe financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cibe leadership team
Management profileNumber of profiles
Profiles1 record
Cibe funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cibe M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cibe
What does Cibe do?
AlHuda CIBE is a consultancy and advisory firm offering Islamic banking and finance services, including Shariah-compliant product development, Shariah governance advisory, Takaful and Islamic microfinance consultancy, and professional training workshops for financial institutions transitioning to or expanding Islamic banking operations. The firm supports banks, regulators, and capital market participants across more than 100 countries with structured advisory engagements and capacity-building programs.
Is Cibe a public or private company?
Cibe is a private company. It is classified as unknown and is currently operating.
When was Cibe founded?
Cibe was founded in 2005.
Where is Cibe based?
Cibe is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Cibe make money?
Three revenue lines are on record. Advisory and Consultancy Services are the primary driver. The others are training Programs and Capacity Building and events and Webinars.
Who are Cibe's main competitors?
Direct peers on record are IFAAS (Islamic Finance Advisory & Assurance Services), Dar Al Sharia, Shariyah Review Bureau and Ideal Ratings. Broad incumbents are EY (Ernst & Young) Islamic Finance, KPMG Islamic Finance and Deloitte Islamic Finance. Emerging players are Bahrain Institute of Banking and Finance (BIBF) and ISRA (International Shari'ah Research Academy for Islamic Finance). AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) is listed as an others.
Does Cibe have an API?
No public API is recorded for Cibe.
What industry is Cibe in?
Cibe's product category is Islamic Finance Advisory and Consultancy. Its primary akta.pro industry code is FSABAGAJ, Shariah Governance, Compliance & Advisory (Shariah Boards, Audit, Fatwa), with a secondary code of FSABAGAH, Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam). Its NAICS code is 523940 and its SIC code is 6282.