About Workshop
Course Overview
In an era of global recession marked by bank collapses, fund failures, corporate bankruptcy and wide scale layoffs, the experts are now considering alternative financial mechanism. It is now confidently believed that Islamic Finance and Banking practices would never result in such a chaotic financial crisis. As a result, USA, UK and other biggest economies are embracing the Islamic principles in financial and banking activities. The industry has grown over a one trillion dollar landmark and expected to grow faster than any other industry in the world.
This course is designed to enable to participants to understand the basic principles of Sharia’a that governs the Islamic finance and banking and gain an expertise on various techniques used by today’s modern Islamic banks. This course will also provide a handy lesson on Islamic stock and bond market.
Delivery Method
Linear Demonstration - 70%,
Video & Interactive – 10%
Case Exercise - 20%
Workshop topics to be covered:
Introduction
Assessing Current Skill Level of Participants
Establishing Objectives & Scopes
Why Islamic Finance and Banking?
Conventional Banking vs. Islamic Banking – Case study on Mortgage Housing
Global Islamic Finance Industry – Al-Jazeera News Report
Understanding Islamic Law of Contracts
Major Prohibitions
Different types of Contracts and their Principles
Rules Regarding Foreign Exchange
Case Study: Western Union Money Transfer and Its Sharia’a Compliance
Financial Techniques Applied by Modern Islamic Banks
Understanding Mechanisms of Islamic Bank Accounts
Islamic Fixed Income Securities and Profit Sharing Securities
Understanding Mudaraba, Musharaka, Murabaha, Salam and other financial techniques.
Case Study:
(i)HSBC Amanah – Critical Discussion on Personal Banking Products
(ii)Dubai Islamic Bank – Case Study on Full-fledged Islamic Banking [video+text]
Islamic Asset and Fund Management
Report Analysis – Future of Islamic Asset and Fund Management (CNN)
Principles and Constraints of Islamic Investing;
Islamic Investment Products;
Islamic Stock Selection Process
Islamic Stock Market Indices
Liquidity Strategy for Islamic Funds
Sharia’a Board and Islamic Fund Management
Case Study:
(i)CIMB Capital – Study on Asian Islamic Equity Fund
(ii)Practical Skill Development – Picking Sharia’a Compliant Stock in Dhaka Stock Exchange
Islamic Bond Market - Sukuk
Definition, Management and Characteristics of Sukuk
Structuring Sukuk Transaction
Sukuk – AAOIFI Standards
Capital Market Considerations relating to Sukuk
Case Study on Glolbal Sukuk Plus Fund by European Finance Hourse