Structuring Islamic financial products

Instruction Language

English

Country

Syria

English Abstract

Statistics are routinely quoted to demonstrate the size and, more importantly, potential size of Shari’ah compliant finance on a global basis.

One such estimate is that the market is valued at half a trillion US Dollar, and it grows at a yearly rate that exceeds 15 %.

In light of such achievements, this four day training program covers the most important and widely used Shari’ah compliant products.

It examines the foundations of Islamic finance, as well as a discussion of the principal contracts.

Delegates will develop a detailed understanding of financing contracts, as well as structured hybrid products and the rules governing the structure of Islamic financial products.

This intensive and interactive course aims to demystify Islamic finance and show how products are developed and structured.

The course also aims to show how Islamic financial products compare to conventional products and can provide viable alternatives to traditional forms of financing.

The course is designed to provide a deep understanding of the following main points : -Principles of financial contracts in Shari’ah.

-Categories of financial contracts in Shari’ah.

-Shari’ah-named financing contracts.

-Characteristics of the Shari’ah-named financing contracts.

-Currency transactions.

-Prohibition of Riba (interest) and certain others such as Gharar, Riba al Fadl, gambling.

-Gharar and its effects on financial products structured hybrid Islamic financing contracts.

-Basic rules of structuring Islamic financial instruments and products.

-Corporate finance in South East Asia compared to the Middle East.

-Personal finance in South East Asia compared to the Middle East.

-Islamic financing versus interest-based financing.

-Principles of Islamic securitization, Islamic bonds and certificates.

-Shari’ah conditions for negotiability.

-Agents of securitization, who can securitize ?.

-Process and steps of securitization and case studies.

Objectives

- This intensive and interactive course aims to demystify Islamic finance and show how products are developed and structured. The course also aims to show how Islamic financial products compare to conventional products and can provide viable alternatives to traditional forms of financing.

Features of the course

-This four day training program covers the most important and widely used Shari’ah compliant products. It examines the foundations of Islamic finance, as well as a discussion of the principal contracts. Delegates will develop a detailed understanding of financing contracts, as well as structured hybrid products and the rules governing the structure of Islamic financial products.

Certificate / Course Program

The course is designed to provide a deep understanding of the following main points : -Principles of financial contracts in Shari’ah. -Categories of financial contracts in Shari’ah. -Shari’ah-named financing contracts. -Characteristics of the Shari’ah-named financing contracts. -Currency transactions. -Prohibition of Riba (interest) and certain others such as Gharar, Riba al Fadl, gambling. -Gharar and its effects on financial products structured hybrid Islamic financing contracts. -Basic rules of structuring Islamic financial instruments and products. -Corporate finance in South East Asia compared to the Middle East. -Personal finance in South East Asia compared to the Middle East. -Islamic financing versus interest-based financing. -Principles of Islamic securitization, Islamic bonds and certificates. -Shari’ah conditions for negotiability. -Agents of securitization, who can securitize ?. -Process and steps of securitization and case studies.

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

• Islamic jurisprudence
• Islam
• Contracts
• Financing
• Finance
• Islamic World
• Religious aspects
• Financial services industry

Data Type

Training Courses

Record ID

BIM-727218