Understanding Islamic contracts-structuring and legal issues

لغة التدريس

الإنجليزية

الدولة

الإمارات العربية المتحدة

الملخص الإنجليزي

This three-day course will provide participants with a clear understanding of the important principles of Islamic finance.

It will explain the law of contract as defined under Sharia'a and its various requirements and further explore the contract of sale and investments.

The course will focus on building a comprehensive understanding of developing Sharia'a compliant contracts for various forms of Islamic financial transactions.

The programme will also describe Sharia'a governance, the role of Sharia'a boards and Islamic corporate social responsibility.

This workshop is meant to be interactive focusing on practices within the industry and case studies from local as well as international markets.

الأهداف

- Upon completion of the workshop you should be able to comprehend : 1. The nature and basis of Islamic finance. 2. How it is different from its conventional counterpart. 3. The nature of Contracts in Sharia'a. 4. Core Sharia'a contract structures employed in Islamic banking and finance. 5. Combination of Sharia'a contract structures to form hybrid structures. 5. Basic understanding of risks under each type of Sharia'a contract. 6. Meaning and implications of ‘Sharia'a compliance’. 7. The requirements of Sharia'a governance in Islamic Financial institutions. 8. Scope and Role of Sharia'a Supervisory Board and Sharia'a Advisor. 9. Importance of Sharia'a Review and Sharia'a Audit & Governance Committee (AGC).

مجال العمل الميداني

-Islamic bankers from manager level and above and also executive management of Islamic banks ; especially Sharia'a product development, operations and sales and marketing departments. -Islamic Insurance (Takaful) practitioners. -Lawyers involved in the documentation of Islamic banking transactions. -Senior officials from rating agencies. -Fund managers investing in Funds and Sukuk. -Corporate governance compliance officers. -Professionals working in any segment of Islamic banking and finance industry. -Academics, teachers and university students interested to work in the field of Islamic finance. -Anyone seeking a better understanding of the Islamic Finance world in comparison with conventional borrowing framework especially all conventional bankers and Insurance practitioners.

المتطلبات السابقة للدورة

There are no pre-requisites for this course, but basic familiarity with Islamic finance is helpful. The training is developed in such a way that it will pick up from the foundations of slamic finance and go right into the interactive art of governance, ending up with the pure science of contracts.

برنامج الشهادة /الدورة

Day 1 : -The Foundations of Islamic Finance. -Nature and Scope of Islamic Fiqh (Law). -Contract under Islamic Law. -Ijarah (Leasing) under Islamic Law. -Case Studies. Day 2 : -Wakalah (Agency) under Islamic Law. -Musharakah (Partnership) under Islamic Law. -Mudarabah (Partnership in Profit) under Islamic Law. -Salam (Sale of Described Commodities with Forward Payment) Contract under Islamic Law. -Case Studies. Day 3 : -Istisna (Sale of Described Asset) Contract under Islamic Law. -Scope and Principles of Sharia'a Governance. -Scope and Role of Sharia'a Supervisory Board (SSD). -Scope and Role of Sharia'a Review and Sharia'a Audit & Governance Committee (AGC). -Islamic Corporate Social Responsibility.

عدد الصفحات

5

التخصصات الرئيسية

العلوم المالية و المحاسبية
الأديان
الدراسات الإسلامية

الموضوعات

نوع البيانات

الشهادات التدريب

رقم السجل

BIM-723279