4 - 6 September, 2007
Novotel Hydro Majestic, KUALA LUMPUR
 
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Course Introduction and Objectives
Islamic finance and banking in Malaysia has entered a vibrant and exciting period. New players, markets and opportunities are emerging all the time, with almost all domestic and foreign financial institutions now offering some kind of Islamic product. Institutions are understandably very keen not to be left behind.
Our first program, Introduction to Islamic Finance will cover the most important topics within Islamic finance and banking. The course gives you an A-Z of Islamic finance all at once. |
This includes the principles of Islamic finance, an examination of the main financial products and contracts, Islamic capital markets as well as important sessions on legal, tax and risk management issues. Sessions are delivered by carefully-selected industry experts ensuring high value and tangible benefits for attendees.
Who should attend?
- Conventional and Islamic bankers
- Financial Institution support staff
- Finance and treasury staff from the corporate sector
- Fund and asset managers
- Compliance and internal audit staff
- Lawyers, accountants & auditors
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Course Agenda
Day 1: 4 September 2007
Session 1: A practical Introduction to Islamic Finance
9.00am – 11.30am
- Why Islamic finance?
- Islamic economics – a moral dimension of economics
- Islamic Economics v Islamic finance
- Shariah objectives of financial contracts
- Forbidden transaction is Islamic commercial law
- Key principles, players & markets in Islamic finance & banking
- Key differences to conventional finance
Shabnam Mokhtar, Lecturer – Faculty of Economics & Management, University Putra Malaysia
Session 2: Structuring Core Islamic Financial Products, Part I
11.30am – 12.30pm
- Key principles of structuring Islamic financial products
- What are the main differences to conventional products?
- Examining the key characteristics and uses of the following major Islamic products:
o Murabahah contract
o Ijarah Contract
o Salam Contract
o Istisnah Contract
Shabnam Mokhtar, Lecturer – Faculty of Economics & Management, University Putra Malaysia
12.30pm – 2.00pm Lunch
Session 2 continued
2.00pm – 3.15pm
Session 3: Structuring Core Islamic Financial Products, Part II
3.45pm - 5.15pm
- Examining the key characteristics and uses of the following major Islamic products:
o Musharakah Contract
o Mudarabah Contract
o Al-Wadiah Contract
Shabnam Mokhtar, Lecturer – Faculty of Economics & Management, University Putra Malaysia
Day 2: 5 September 2007
Session 4: Developing New Islamic Financial Products
9.00am – 12.30pm
- Key considerations for innovation and development of Islamic products
- Examples and case studies:
o Musharakah Mutanakisah
o Tawarruq
o Islamic credit card
o Promissory forward currency contract
- Introduction to Islamic derivatives
Shabnam Mokhtar, Lecturer – Faculty of Economics & Management, University Putra Malaysia
12.30pm – 2.00pm Lunch
Session 5: Key Legal and Documentary Issues for Islamic Finance and Financial Products
2.00pm – 5.00pm
- Overview of Shariah documentation and legal issues
- Examining various points of contention between Islamic and conventional banks under Islamic finance
- Overcoming major challenges facing legal and documentary parameters of Islamic finance
Mohamed Ridza Abdullah, Managing Partner, Mohamed Ridza & Co
Day 3: 6 September 2007
Session 6: Taxation for Islamic Finance and Banking
9.00am-10.30am
- Tax considerations of Islamic financing transactions
- Tax incentives provided to encourage Islamic financing activities
- The problem of double taxation in Islamic finance
- Examples of real-life transactions and their tax treatment
Dr. Veerinderjeet Singh, Managing Director, TAXAND Malaysia
Session 7: Risk and Financial Management for Islamic Finance and Banking
11.00am-12.30pm
- Islamic risk management and non-Islamic risk management: a method and tool comparison
- Assessing key liquidity and treasury risks for Islamic banks and how to mitigate them
- Understanding IFSB risk management standards
- Examining Basel II and its implications for Islamic finance
Shabnam Mokhtar, Lecturer – Faculty of Economics & Management, University Putra Malaysia
12.30pm – 2.00pm Lunch
Session 8: Sukuk, Islamic Bonds & Securitization: The Way Forward
2.00pm-4.00pm
- Definition and mechanics of Sukuk
- The growth of Sukuk market in Malaysia
- Various types of Sukuk
- Overview of Islamic securitization (ABS)
- Issues/challenges in structuring Sukuk issues
Nik Norishky Thani Bin Nik Hassan Thani, Director & Head, Islamic Capital Markets, MIMB Investment Bank
4.00pm – 5.00pm Private revision & refreshment
5.00pm – 6.00pm Course assessment
Dates & Price
Islamic Finance Impact Series:
Introduction to Islamic Banking & Finance
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Price/per person (RM) |
| 4 – 6 September 2007, Kuala Lumpur |
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Group Discounts
Why not take advantage of our incentives and train a number of your team members at once? Call us directly if you’d like to send a group for this training to receive a discount.
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