Centre for Islamic Finance

8/2/2019 Centre for Islamic Finance

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Islamic nance is ast becoming a prominent, alternative nancialintermediation mechanism on the world nancial stage. The Centre

or Islamic Finance was established in 1997 to assist in ostering the

growth o the Islamic banking community throughout the Middle

East and in other traditional commercial banking communities.

Drawing upon the assistance o an Islamic Banking Consultative

Committee o CEOs and General Managers o regional Islamic banks,

representatives o the General Council or Islamic Banks, the

Accounting and Auditing Organisation or Islamic Financial

Institutions and the Central Bank o Bahrain, the Center has gainedaccess to industry experts worldwide to ensure that its seminars,

workshops and academic programmes are relevant, contemporary

and practical. To that end, the Centre was recognised as the BEST

ISLAMIC FINANCE TRAINING INSTITUTION 2008 and 2009 by the

globally acclaimed Islamic Business and Finance magazine, a sister

publication o the Banker.

The learning experiences provided through the Centre ocus on

operations, products and services, management development, and

proessional qualications.

The Centre also provides advisory services to clients wishing to struc-

ture Islamic transactions or gain access to the Middle East capital

markets

Our Services

Our services can be broadly divided into three categories: Proessional

short courses, proessional and academic programmes and research

and consulting services.

Proessional Courses

Our proessional courses aim at educating proessionals to perorm

their unctions in Islamic nancial institutions more eectively, armed

with the knowledge and skill set gained through our intensely

practical and ocused courses. We deliver courses in-house (Public

Oerings), invite industry experts and institutions to deliver courses

(External Oerings) or go to nancial institutions directly to provide

our services (Customised courses).

Public Oerings

Our public oerings are ree to levy paying institutions and are

delivered by our in-house experts on Islamic Finance.

Centre orIslamic Finance

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External ProgrammesIn addition, we run special courses that are delivered by leading

Islamic Finance experts who are career practitioners or leading

thinkers in Islamic Finance. We also partner with institutions that are

prominent in Islamic nance to oer their leading edge knowledge to

the industry.

Customised Programmes

We also entertain requests to provide customised and comprehensive

human resource development programmes or Islamic nancial

institutions in the region. We conduct a thorough training needsassessment (TNA) to ascertain the needs o our clients and

recommend courses that suit their requirements. We design training

programmes that benet rom the collective capacity o BIBF, drawing

expertise rom our other departments where necessary.

The Centre has competitively serviced the human resource

development programmes o some o the largest and most

prominent nancial institutions in the Middle East.

Proessional and Academic Qualications

Our proessional and academic qualications are designed to

assist individuals to benet rom a ull spectrum o proessional andacademic courses, leading to an award in Islamic Finance. We have

academic programmes or individuals who have little prior academic

or Islamic Finance experience, but a wealth o lie experience. We

also have academic programmes or those who already hold a

Bachelors degree in another discipline.

Advanced Diploma in Islamic Finance

The Diploma in Islamic Finance Programme is a proessional

qualication addressing the needs o both Islamic and conventional

nancial institutions providing Islamic banking services and products.

It is a part-time evening programme emphasising the practical

aspects o Islamic banking with air coverage o the theoretical

oundation o the subject.

The programme is structured on the semester system and required

credit hours. Participants are expected to complete the required credit

hours, pass their semester exams and undertake certain assignments

in order to graduate. As a proessional qualication, the program

emphasises the current practice o Islamic banking. The Instructors

are predominantly practitioners and the study material is drawn rom

the practice o various Islamic nancial institutions.

Continued....Centre or Islamic Finance

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Online Diploma in Islamic FinanceThe On-line diploma programme in Islamic Finance delivers a broad

and holistic syllabus on Islamic Finance that caters those who preer

studying orm the comorts o their own home through distance

learning. The programme is a three-stage programme consisting o a

total o six modules, ranging rom courses such as Islamic

Commercial Jurisprudence to Islamic Accounting and Corporate

Governance. Advancing to the next stage o the programme is an

option exclusively given to participants. Comprehensive course

material prior to the beginning o the semester is provided and

participants will be subject to an exam using material as a coresource. This is expected to be available in 2011.

BA- Islamic Finance

The BA in Banking and Islamic Finance is an all-in comprehensive

bachelors programme that will provide students with a well-rounded

commerce education and a major in Islamic Finance. The programme

is oered as a joint programme with the University o Wales or as

an independent Degree at BIBF University. The programme will also

provide graduates with an opportunity to major in a number o other

elds simultaneously, including Accounting, Finance and Banking,

either in Bahrain or with our partner universities.

MS- Islamic Finance

The Masters o Science Islamic Finance is the culmination o

substantial industry based research and eedback to create a unique

programme that provides participants with a strong background in

both the science o conventional nance and the dynamics o Islamic

Finance as practised today.

This programme builds on the success o the existing DePaul and

BIBF relationship to create a program that builds on each partnerscore specialisation. DePaul University and the highly reputed Kellstadt

Graduate School o Business is responsible or the Finance specialist

stream while the Centre or Islamic Finance at BIBF is responsible or

compiling and delivering the Islamic Finance specialist stream.

The broader aim o this programme was to create the next

generation o leaders in Islamic Finance, equipped with the specialist

knowledge set and skills that arise out o combining the science o

conventional nance and Islamic Finance.


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Customised Courses or your institution anywhere in the worldThe Centre or Islamic Finance can also design courses that suit the

training needs o your organisation. Taking advantage o the vast

pool o our solid connections with industry and our own sta

resources, we have conducted customised courses or institutions in

and outside o Bahrain and the Middle East. Since we are a non-prot

making entity servicing the needs o the nancial industry, our rates

are relatively lower than other private training institutions.

Please contact us with your requirements and we will get back to you

shortly with the services we can oer. The service oer willprovide the course dates and timings, the structure and contents

o the course, the instructor(s) resumes, the price quote and other

expenses quote.


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Category Course Titles Page Code

PUBLIC COURSES Introduction to Islamic Banking 223 600E

Introduction to Islamic Banking - (Arabic) 224 600A

Islamic Leasing (Ijarah) 225 609E

Islamic Mutual Funds 226 611E

Islamic Liquidity and Treasury Management 227 613E

Budget Preparation in Islamic Banking - (Arabic) 229 615A

Islamic Credit Cards 230 620E

Sharia or Bankers 231 630E

Murabaha Finance or Retail Executives 232 631E

Murabaha Finance or Retail Executives - (Arabic) 233 631A

Istisnaa Finance or Retail Executives 234 632E

Istisnaa Finance or Retail Executives - (Arabic) 235 632A

Islamic Economics or Bankers 236 633E

Futuring Islamic Prospective - Economic Applications - (Arabic) 238 634A

Skills o Convincing & Infuencing others in Negotiation -(Arabic) 240 635AIntroduction to Global Economics & Islamic 242 636A

Financial Markets - (Arabic)

Customer Relationship Management & Marketing 243 637E

in Islamic Banking

Sharia Audit 244 638E

Sharia Audit - (Arabic) 245 638A

Introducing Accounting to Non-Accountants or Islamic Banking 246 640E

Intermediate Islamic Banking 247 641E

Advanced Islamic Banking 248 642E

Advanced Islamic Banking - (Arabic) 249 642A

Introduction to Sustainable Development - 250 643E

Islamic Perspective (NEW)

Introduction to Sustainable Development - 251 643A

Islamic Perspective (Arabic) (NEW)

Islamic Banking Ethics & Corporate Governance (NEW) 252 644E

Islamic Banking Ethics & Corporate Governance (Arabic) (NEW) 253 644A

Mudharaba and its Application in Islamic Finance (NEW) 254 645E

EXTERNAL COURSES Sharia Standards 255 EX610E

Sharia Standards - (Arabic) 256 EX610A

SUKUK Demystied 257 EX618E

Islamic Documentation Structure 258 EX627E

Structuring Islamic Transactions 259 EX628E

Conventional & Islamic Project Finance 260 EX630E

Islamic Asset Securitisation 261 EX631E

Takaul Workshop - (Arabic) 263 EX633A

Islamic Trade Finance 264 EX638E

Waq Fund Certicate - (Arabic) 266 EX641A

Islamic International Trade Finance 267 EX643E

Mechanics o Financial Markets - Islamic Perspective 268 EX647E

Islamic Banking Supervision Basel II and Capital Adequacy 269 EX651E

Auditing Takaul Companies - (Arabic) 271 EX653A

Futures Thinking & Strategy Development (NEW) 272 EX656E

Index

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Introduction ToIslamic Banking

DescriptionThis is a basic course in Islamic fnance. The courseintroduces participants to the Islamic contracts andproducts.

ObjectivesUpon the completion o this course, the participantwill have knowledge o the: BasicphilosophyandvaluesunderlyingIslamic

contracts BasicrisksinIslamiccontracts PracticalapplicationsofIslamiccontracts

Content Highlights Sourcesoflegislation Modesoftrade TypesofRiba,JehalaandGharar Typesofcontracts:BasicShariarulesand

application o Murabaha contract, Tawarroqcontract, Salam contract, Istisna contract, Ijaracontract, and Musharaka contract

CaseStudies

Target AudienceAll Bankers who need to be introduced to IslamicBanking

PrerequisitesNone required

Course StructureThe course is conducted using a combination olectures, discussion and case studiesNote: This course is non-examinable

Course FactsDuration : 5 DaysLecturers : BIBF Faculty

Fees: Member InstitutionsGCC Nationals : Covered by levy

Other Nationalities : BD 125

Fees: Non Member InstitutionsAll Nationalities : BD 500

COURSE #: 600E

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COURSE #: 600A

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IslamicLeasing (Ijara)

DescriptionIslamic leasing-Ijara is increasingly becoming anoticeable contract in Islamic banking practice. Thiscourse is devoted to this contract comparing it withconventional lease fnancing.

ObjectivesUpon the completion o this course, the participantwill be able to: Explaintheconceptofleasenancial Explorethereasonsforthegrowthoflease

fnancial Explainsimilaritiesanddifferencebetween

Islamic lease and conventional lease

Content Highlights Whatisleasing Ahistoricalperspectivetoleasing AdvantagesofleasingforboththeLessorand

Lessee Ijara-Islamicoperatingleasecontracts Shariaalternativetothenancelease-Ijara

Muntahia Bittamleek Structuringsale-Leaseback-Transactionsunder

Sharia guidelines SukukAl-Ijara AccountingforleasetransactionsunderAAOIFI,

FAS No.8 Casestudies

Target AudienceBankers in the Investment, Treasury, Capital Marketsor Credit division o their banks


Course StructureThis course is conducted using a combination olectures, discussion and cases


Fees: Member InstitutionsGCC Nationals : Covered by levyOther Nationalities : BD 50


COURSE #: 609E

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IslamicMutual Funds

COURSE #: 611E

DescriptionAn expanding area in Islamic nance is theestablishment and management o Islamic mutualunds. This course is devoted to discussing issuesrelating to operations o Islamic unds.

ObjectivesUpon the completion o this course, the participantwill have: AthoroughknowledgeofIslamicmutualfunds

Content Highlights Shariaguidelinesforinvestment Thelegalstructure Investmentactivitiesofthefund DowJonesIslamicindex typesofIslamicmutualfunds Riskmeasuresformutualfunds LegalframeworkintheGCCregion

Target Audience InvestmentOfcers FundManagers TreasuryOfcers MarketingOfcers


Course StructureThe course is conducted using a combination olectures, discussion and case studies




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Islamic Liquidity andTreasury Management

COURSE #: 613E

DescriptionThis course provides new techniques in managingexposure through derivative contracts. It is alsocovers basic structure o Sukuk.

ObjectivesThis program is designed to stimulate thethinking process and individual abilities to developand structure Treasury products. Upon thecompletion o this course, the participant willunderstand: ThecharacteristicsofawiderangeofIslamic

contracts and their application in developingtreasury products

Thetechniquesofhedgingmarketrisksutilisation synthetic commodity transactionand through built in provisions in the underlyingcontract

ThestructuringofIslamicinvestmentcerticate(SUKUK) and their application in balance sheetmanagement

Content Highlights Basicprinciples Contractcharacteristics Murabaha,BaiAlSalam,Istisna,Mudharaba,

Musharaka, Wekala, Tawarroq Joala, Bai Al

Urboon Sourcesandapplicationoffunds Investmentsincommoditywarrants Cashmanagementandmoneymarket

instruments

Risk Management Mitigatingcurrencyexposure,Pricevolatility,

Hedging techniques MitigatingpriceriskinSalam,IslamicFXoption,

Prot rate swaps, Risk participation

Target Audience InvestmentManagers FundManagers TreasuryStaff RiskManagers


Course StructureA combination o lectures, discussion and cases



Fees: Non Member Institutions

All Nationalities : BD 300

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Budget Preparation InIslamic Banking

COURSE #: 615A

DescriptionThe primary ocus o the course is to cover thebudget process, preparation, adoption,implementation (in Islamic banks) and otherunderlying principles, such as the assumptions,orecasting and essential eatures o a good budgetdocument, and understanding the main budgetorms and reports. The course also touches on thebasic principles o accounting, auditing and internalcontrols necessary or preparation o budgets.

ObjectivesUpon the completion o this course, the participant

will be able to explain: TheconceptofbudgetsinIslamicbanking Principleofbudgetpreparation Theimportanceofbudgetasacontrol

technique

Content Highlights OverviewofbudgetinginIslamicbanks Principleofbudgetingandgeneralframework

or budget in Islamic banking Essentialfeaturesofbudgetprocessand

preparation o banks budgets Managementcontrolthroughbudgets Thenatureandimportanceofthecontrol

process in the successul implementation o abudgetary planning and control system

Understandingthedifferenttypesofbudgetsand techniques o preparing them and dierentorms and reports used

Target Audience DivisionandBranchManagers Planning,BudgetingandFinancialControl

Departments ManagementAccountants


Course StructureThe course is very much a mixture o lectures,practice, syndicate exercises and knowledgesharing. The course has a strong emphasis ondelegate participation and acilitated discussiongroups during the ve days.




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COURSE #: 615A

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IslamicCredit Cards

COURSE #: 620E

DescriptionThe course will go beyond the technical and Shariaissues o Islamic credit cards to highlight theeconomic and the social implications o thisproduct. Elaboration on the various dierencesbetween conventional credit cards and Islamic creditcards will also be covered.

ObjectivesUpon the completion o this course, the participantwill have: Comprehensiveknowledgethatcoversall

aspects related to Islamic credit cards, rom theprocess o issuance o credit cards in general tothe various parties involved in their operationto the Sharia concerns over the current modelso Islamic credit cards

Learnedabouttheeconomicandthesocialimplications o this product

Learnedofthevariousdifferencesbetweenconventional credit cards and Islamic creditcards; the Islamic concepts and techniquesavailable to issue Islamic Credit Cards and thedierent stages and actions required instructuring this product

Content Highlights

Creditcardsoverviewincluding:Emergenceo credit cards, types o cards, eatures o creditcards, usages o credit cards, issuers o creditcards, mechanism o credit cards, payers incredit cards, economic and social implications ocredit cards, credit cards Sharia issues

Usingconventionalcreditcarddiligently,cancredit cards be made Islamic

Islamiccreditcardsincluding:Examiningthecurrent models o Islamic credit cards, creditcard Bay Al-Eina model, credit cards BayAl-Dayn model, credit cards Murabaha model,prepaid-ee model, general observations onIslamic credit cards, looking beyond Fiqh issues

o credit cards

Target AudienceSharia Auditors and Bankers



Course FactsDuration : 2 DaysLecturers : Dr. Abdulazeem

Abozaid



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COURSE #: 630E

DescriptionIslamic banking is increasingly becoming anoticeable mode o nancing and investment inthe global nancial system. This course is devotedto this subject along with the denition o theoundational Sharia terms in relation toFiqh-ul-Muamalat.The course also includes discussions on the theorieso property, rights, ownership, and contracts.However, the course is more ocused on the generaltheory o contract and on its pillars and the Islamicnancial contracts.

ObjectivesUpon the completion o this course, the participantwill: HaveanintroductoryknowledgeofIslamicFiqh

and Usul al-Fiqh (Objectives o Islamic Sharia),sources o Sharia

Appreciatethefundamentalsofcontracts BeabletoexplaintheShariaLegalFramework

underlying Islamic nancial system

Content Highlights WhatisthemeaningofSharia WhataretheShariadisciplines WhataretheotherrelateddisciplinesofIslamic

Sharia Fundamentalsofcontracts Negativeelementsinthecontracts Casestudies

Target Audience AllEmployeesofBanks Othernancialinstitutionsrelatedtothe

industry. Allnewlyemployedpersonnelbeforehandling

any responsibility


Course StructureThe course is conducted using a combination olecturers, discussion and case studiesNote: This course is non-examinable


Fees: Member InstitutionsGCC Nationals : Covered by LevyOther Nationalities : BD 50


Sharia ForBankers

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COURSE #: 631E

DescriptionIslamic banking is increasingly becoming anoticeable mode o nancing and investment inthe global nancial industry. This course is devotedto this subject along with an in-depth ocus on thestructure and unctions o Islamic nancialInstruments.

ObjectivesUpon the completion o this course, the participantwill be able to: UnderstandthecurrentpracticesofMurabaha

nance Discussissuesrelatedtocontemporary

Murabaha nance FosteranappreciationofIslamicbankingand

nance as viable alternative to the interestbased conventional nancial system

Content Highlights Sharialegalframework Legitimateproperty Theconceptofmoney Sourcesoflegislation TypesofRiba,JehalaandGharar TypesofContracts MurabahaContract,BasicShariarules

ApplicationofMurabaha Riskandmitigation MechanismsforMurabahaonimportedgoods Murabahabydocumentsforcollection Delegatingthecustomertoimportthegoods

Target Audience Allemployeesofbanks Othernancialinstitutionsrelatedtothe

industry Allnewlyemployedpersonnelbeforehandling

any responsibility






Murabaha Finance ForRetail Executives

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COURSE #: 631A

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Istisnaa Finance ForRetail Executives

COURSE #: 632E

DescriptionIslamic banking is increasingly becoming anoticeable mode o nancing and investment inthe global nancial industry. This course is devotedto this subject along with an in-depth ocus on thestructure and unctions o Islamic nancialInstruments (Istisna).

ObjectivesUpon the completion o this course, the participantwill be able to: UnderstandthecurrentpracticesofIstisna

nance DiscussissuesrelatedtocontemporaryIstisna

nance FosterandappreciationofIslamicbankingand

nance as viable alternative to the interestbased conventional nancial system

Contents Highlights Concepts Generalrules Istisnaasamodeofnance BOTandIstisna Casestudies

Target Audience AllEmployeesofBanks Othernancialinstitutionsrelatedtothe

industry AllnewlyemployedPersonnelbeforehandling

any responsibility

Pre-requisitesNone required





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COURSE #: 632A

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Islamic EconomicsFor Bankers

COURSE #: 633E

DescriptionThis course aims to provide an understanding oIslamic economics and nance by considering theimplications o the application o Sharia law or theeconomic and nancial systems.

ObjectivesUpon the completion o this course, the participantwill be able to: ProvideaconceptualintroductiontoIslamic

economics EnabletheunderstandingofhowIslamandits

worldview permeate all aspects o economics FosteranappreciationofIslamiceconomicsasa

viable alternative to the interest basedconventional nancial system

Content Highlights ThenatureandscopeofIslamiceconomics

and nance and its relationship withconventional economics and nance

ThehistoryoftheIslamiceconomicssystemsinvarious eras o Islam

TheviewsandcontributionsofIslamiceconomists and Muslim thinkers

Islamicperspectivesonwealthcreationandmobilisation and behaviour o both consumers

and producers ThedevelopmentofIslamiceconomicsandnance theory

Target AudienceAll employees o BanksOther nancial institutions and related industry

The course is designed or relative newcomers toIslamic banking and nance seeking to becomeamiliar with the concepts in a relatively short time.It is also useul or banking proessionals seekinga reresher course and/or wishing to appreciateIslamic economic concepts rom a broaderperspective.






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Futuring Islamic Prospective Economic Applications - (Arabic)

COURSE #: 634A

DescriptionThis course provides an overview o the eld oFutures Studies to gain skills in identiying andanalysing trends impacting the world on ananthropological, political, technological,sociological, and environmental level. Studentsacquire an understanding or successulparticipation in society. In addition students willexplore ways to create a more just, sustainable andequitable world or uture generations. The courseis designed to provide you with substantialknowledge regarding the perspectives on the utureo the Islamic economy.

ObjectivesUpon the completion o this course, the participantwill be able to: Identifyandanalysetheassumptionsof

contrasting views o the uture Seethattherearelogicalandconceptual

resemblances and dierences in theassumptions and conclusions o scenarios aboutdierent political, economic and social spheres(especially concerning the stock market,Australia and the South Pacic)

Specifythesimilaritiesanddistinctionsbetweenthe logical and conceptual assumptions and

results o interpretations o the uture -depending on whether these are directedtowards the short, medium or long-term

Extendtherangeofthedebateaboutfreemarket principles in time (toward the uture)and space (especially towards Islamic worldsphere o interest Arabic countries) - with theintention o developing more worldliness andsophisticated judgment among the participants

Content Highlights Theoreticalapproachestothefuture Philosophicalelementsoffuturesstudies Methodsinfuturesstudies

Changeanddevelopment Organisationsandmovementsinfuturesstudies Multiculturalismandpopulationchange Eco-economyandsustainabledevelopment,

vision and alternative utures o Islamiceconomics

Regionaldevelopmentandglobalisation Futuresthinkersandfuturesthinking Islamiceconomicsandpoliticalchange Appliedethics


Departments Managers Executives BusinessAnalystsandthoseinvolvedinPlanning

and/or implementing Strategic initiatives ThosewhowanttoexpandtheirIslamicbanking

knowledge


Course StructureThe course is very much a mixture o lectures,practice and knowledge sharing



Fees: Non Member Institutions


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COURSE #: 634A

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Skills o Convincing and InfuencingOthers In Negotiation - (Arabic)

COURSE #: 635A

DescriptionThis course will help delegates who have to achievegreater infuence across their organisation i.e. toget things done. It is also targeted at people whohave to infuence external bodies, with which therelationship is not a nancial/contractual one. Thisintroductory level course will help you communicatewith others more eectively, get yoursel heard andencourage others to value your opinions.

ObjectivesUpon the completion o this course, the participantwill be able to: Turninuencing,negotiationandengagement

into science rom art Substantiallyenhanceyourpersonal

eectiveness Gaingreaterresourcesforyourservice Overcomeunfairnessandachievewin-win

solutions Communicateinamorepersuasivemanner

with colleagues and individuals rom outsideyour organisation

Explaincomplicatedideasinamannerwhichaids understanding and increases the likelihoodo success

Communicatewithincreasedcondenceat

meetings Becomeamoreactivelisteneranduseenhancedpersuasion skills to act as an opinion shaper

Applyprinciplesofnegotiationtoyourday-to-day communication

Contents Highlights Effectivecommunicationskills Positiveandassertivecommunication,persuasive

and infuential communication Difcultsituations-communicatingwith

condence Anintroductiontonegotiationwithothers Personaldevelopment

Target Audience Allemployeesofbanks Othernancialinstitutionsrelatedtothe

industry Allnewlyemployedpersonnelbeforehandling

any responsibility

Pre-requisitesNone required





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COURSE #: 635A

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Introduction To Global Economy &Islamic Financial Market - (Arabic)

COURSE #: 636A

DescriptionThis course oers an introduction to the worldeconomy, international trade, and economicdevelopment and is designed especially ornon-economics majors. Foundations ointernational markets and trade, comparativeadvantage, oreign investment, internationalinequality, and the study o international institutionssuch as the IMF, the World Bank, and the WorldTrade Organisation will orm key components o theclass. This course covers various topics related toboth Islamic and conventional nancialinstitutions that make up the system, as well associo-economic issues such as poverty,development, hunger, and energy.

ObjectivesUpon the completion o this course, the participantwill be able to: Haveanoverviewoftheglobalnancialsystem Befamiliarwithvariousbodiesresponsiblefor

regulating and controlling the conventionalnancial system

KnowtheroleofgovernmentinanIslamiceconomy

Observetheglobalnancialregulatorysystemsand the international supervisory ramework

Content Highlights Comparativeeconomicsystems Issuesinglobalculture Economichistory,internationalpolitics Overviewofregulationandgoverningbodiesof

conventional nancial system PositivelawsgoverningtheIslamicnancial

system Interventionbytheregulatoryauthority Culturalenvironmentofinternationalbusiness TheIslamicnancialsystemofselectedMuslim

countries

Target AudienceAll employees o banks, nancial institutions andrelated industry







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COURSE #: 636A

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Customer Relationship Management& Marketing In Islamic Banking

COURSE #: 637E

DescriptionThis course provides participants with anunderstanding o the essential principles o IslamicFinance that is related with CustomerRelationship Management and Marketing. Anexposure on knowledge towards Islamic economicsnorms, Islamic banking products and application,and specic techniques used in the two areas willalso be given. This course is specically designedor those who are in the marketing and customerservices department.

ObjectivesUpon the completion o this course, the participantwill be able to: Deneandknowthecontextualimportanceof

customer relationships or sustaining business ShowwhereandhowCRMtsintodetermining

uture strategic business direction or growth KnowtheessentialbuildingblocksforaCRM

system and the design and implementation planor Islamic Financial services CRM

Understandtheeconomicsofcustomercare Denecustomerserviceexcellenceand

managing or customer satisaction

Content Highlights

TheconceptandtheoryofCRM CRMstrategiesandleadership ConventionalandIslamicmarketingprinciples

and practices Thekeystooutstandingcustomerservicein

Islamic banking environment








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Sharia Audit

COURSE #: 638E

DescriptionThis course looks at the Sharia Audit procedures,manuals and relations to Sharia Supervisory Board(SSB) and other departments in the bank.

ObjectivesUpon completion o this course, participants will beable to: ExplaintheobjectiveandprocessoftheSharia

inspection in Islamic banking Recognizethedifferencesandrelationship

between Sharia audit and supervision BuildupaShariaAuditprogram PrepareShariaAuditreports

Content Highlights TheroleofShariasupervisioninIslamicbanks TheestablishmentofShariaaudit ThedifferencesbetweenShariasupervisionand

Sharia audit Whattoaudit TheShariaauditmanual Shariaauditprogram Casesstudies

Target Audience BankemployeesinvolvedintheShariaAudit

unction StaffofCentralBanks CreditOfcers ComplianceOfcers

PrerequisitesParticipants should have prerequisite knowledgeequivalent to that covered in the course listedbelow.

Minimum Prerequisites CourseIslamic Banking Jurisprudence



Fees: Member InstitutionsAll Nationalities : BD 75


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COURSE #: 638A

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Introducing Accounting To Non-Accountants For Islamic Banking

COURSE #: 640E

DescriptionThe course aims to provide an understanding obasic accounting concepts or Islamic banks byconsidering the application o AAOIFI standardsand IFRS, where applicable. The course has beendesigned to enable the participants to understandand interpret the contents contained in nancialstatements o Islamic banks and particularly thenancial statements prepared in accordance withAAOIFI standards.

ObjectivesUpon the completion o this course, the participantwill be able to: HaveapreliminaryunderstandingofAAOIFI

conceptual ramework or Islamic banks Understandbasicaccountingconceptsandthe

accounting equation or Islamic banks ReadpublishednancialstatementsofIslamic

banks, particularly those prepared in accordancewith AAOIFI standards

Content Highlights IntroductiontoAAOIFI,conceptualframework Doubleentrysystem Businesstransactionanalysis Trialbalance

Recordingandpostingtransactions Accrualaccounting Adjustmentprocess Worksheet Balancesheet Protandlossaccount Statementofchangesinrestrictedinvestments StatementofsourcesandusesoffundsinZakah

and charity unds StatementofsourcesandusesofQardfund ReportofShariasupervisoryboard Auditorsreportandinterpretingnancial

statements


PrerequisitesAwareness o Islamic nance contracts and generalbusiness concepts





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IntermediateIslamic Banking

COURSE #: 641E

DescriptionThis the intermediary level course in Islamic Bankingand Finance. The course provides a detaileddescription to participants on the Islamic contractsand products used in Islamic Banking, emphasisingalso on numerous recently developed productscurrently in the market.

ObjectivesUpon the completion o this course, the participantwill be able to: DiscusstheIslamicnominatecontractsin

regards to its main principles and legaloundations and risks

DiscussindetailnumerousproductsintheIslamic Finance Industryo Islamic Credit Cardso Islamic Mutual Fundso Islamic Trade Finance

Appreciatethecontemporarydebateoncontentious issues in Islamic Finance transactions

Content Highlights ArecaponIslamiceconomics ArecaponthehistoryoftheIslamicbanking

industry ArecaponFiqhMuamalah(Ribaandthe

sources) AstudyoftheproductsusingthekeyIslamicnominate contracts rom Murabahah, Ijarah,Salam, Istisna, Musharakah, Mudharabah(Commodity Murabahah, Murabahah in retailbanking, Bai Al Ina, Tawarruq, Al Ijarah ThummaAl Bai or car and home nancing, Sukuk alijarah, Salam or nancing, Parallel Salam, Salamwith a promise to purchase, Project nancingusing Istisna and sukuk al Salam, MusharakahMutanaqisah or home nancing, MusharakahMutanaqisah or joint venture establishment,Mudarabah or investment accounts,Mudharabah or nancing, and sukuk al

Mudharabah) Islamiccreditcards Otherproductsfromminornominatecontracts

(wadiah yad amanah and wadiah yaddhamanah, joala, wakalah, ar rahn, Islamicmutual unds, Products o Islamic trade nance(Letter o Guarantee and Letter o Credit).

Target AudienceAll Bankers who need to delve deeper into Islamicbanking at an intermediate level







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AdvancedIslamic Banking

COURSE #: 642E

DescriptionThis module provides candidates with anunderstanding and application o essentialprinciples and requirements o issuing andmanaging Islamic securities in dynamic Islamiccapital markets across jurisdictions. The Second partwill be covering Strategic Planning which enablesan organisation to shape and guide its overallbusiness objectives. Through eective StrategicPlanning, an organisation creates a ramework ordeveloping, adapting and aligning organisationalvision, mission and goals to achieve and sustaincompetitive advantage. Last part will look at riskmanagement in Islamic banking.

ObjectivesUpon the completion o this course, the participantwill have knowledge o: Sukukmarket StrategicPlanninginIslamicBanking RiskManagementinIslamicBanking

Content Highlights DevelopmentofIslamiccapitalmarket StructuringandprocessingIslamicsecurities TradingofIslamicsecurities Fundamentalsofstrategicplanning

Deningcomponentsofastrategicplan Addressingyourorganisationsmissionandvision

Detectingopportunitiesandthreats Operatinginmicroandmacroenvironments Assessingexternalforces Recognisingstrengthsandweaknesses Auditinginternalcapabilities Denitionsofbankingrisks Managementofbankingrisks Typesofregulatoryregimes HistoricalevolutionoftheBaselaccord


Departments ManagementAccountants ManagersandExecutives BusinessAnalystsandthoseinvolvedinPlanning

and/or implementing Strategic initiatives ThosewhowanttoexpandtheirIslamicbanking

knowledge

PrerequisitesParticipants should have prerequisite knowledgeequivalent to that covered in the BIBF course listedbelow.

Minimum Prerequisite CourseIntermediate Islamic Banking 641E

Course StructureThe course combines a mixture o lectures, practiceand knowledge sharing




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COURSE #: 642A

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Introduction To SustainableDevelopment

COURSE #: 643E

DescriptionThis introduction to sustainable development willhelp you to gain a quick overview o whatsustainable development is and why it is important.You will learn about the growing concern or theuture o our interlocked ecological and economicsystems in a highly populated world that ischaracterized by major social disparities. The courseocuses on environmental issues in a globalizedcontest within the ramework o sustainabledevelopment and the role o Islamic nancialinstitutions in sustainable development.

ObjectivesUpon the completion o this course, the participantwill be able to: Reviewofthemostimportantenvironmental

problems, such as climate change, waste andpollution, biodiversity destruction, and thegeneral contradiction between resource use andcarrying capacity

Reviewofthemostsignicantsocialchallenges,including demographic change and expansion,pandemics, poverty, endemic violence, migrationand urbanization

Reviewofthekeyglobaleconomictrendsthatcurrently determine and shape the dynamics o

national and local economics Introductiontothehistoryof,anddifferentapproaches to, the notion o sustainabledevelopment

UnderstandtheroleofIslamicnancialinstitutions in sustainable development.

Content Highlights Introductionofthesustainabledevelopment

concept and the illustration o the MillenniumDevelopment Goals,

Opportunitiesandthreats Emergingmarkets Corporatesocialresponsibility

Therelationshipbetweeneconomicdevelopment and environmental issues

Climatechange Sustainabledevelopmentandthepolicy

implications o dierent approaches rom anIslamic perspective

Casestudiesofsustainabledevelopmentinpractice at the policy and project levels

Target AudienceEnvironmental ocers, teachers, youth leaders,community leaders, academics and anyoneinterested in understanding the concept oSustainable Development through practicalactivities.

This course would also appeal to those who areinterested in perhaps pursuing a career insustainable development and a looking or urtherclarication.






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Islamic Banking Ethics &Corporate Governance

COURSE #: 644E

DescriptionThe banks and their employees are consideredcustodians and managers o unds. They holdthese unds on a duciary basis to help acilitatetrade and nancial relationships o society. Forthis reason, the issue o ethics and values are thecornerstone o any banking system. This course isdesigned to provide comprehensive knowledge onIslamic banking ethics in its rst part. The secondpart will cover corporate governance in Islamicbanking. Corporate governance is an increasinglyimportant issue or organisations globally. Withinvestors, regulators and politicians increasinglyscreening organisations or good governance, thedemands on boards and senior managers are be-coming more onerous, and the strength o activiststakeholders gathers pace across the region and theworld.

ObjectivesUpon the completion o this course, the participantwill be able to: UnderstandthefoundationsofIslamicnance

ethics AppreciatetheShariabasisoftheEthical

principles OutlinemarketdisciplinesofanIslamicbanker

Createawarenessonhowproductdevelopmentin Islamic banks should proceed Understandwhygoodgovernanceisimportant Identifytherolesandresponsibilitiesofkey

players in Corporate Governance

Content Highlights GeneralIslamicnanceethicalprinciples ConductsandethicsofanIslamicbanker Regulatoryframeworkforcorporategovernance CorporategovernanceinIslamicFinancial

services.

Target AudienceThis unique course is designed or thoseproessionals whose responsibility it is to introducegood corporate governance & Ethics into and anorganisation. This encompasses many dierentlevels o seniority as well as various businessunctions.


Course StructureThe course is conducted using a combination olectures, practice and knowledge sharing.


Fees: Member Institutions

GCC Nationals : Covered by levyOther Nationalities : BD 50


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Mudarbaha and ItsApplications In Islamic Finance

COURSE #: 645E

DescriptionIslamic banking is increasingly becoming anoticeable mode o nancing and investment inthe global nancial industry. This course is devotedto this subject along with an in-depth ocus on thestructure and unctions o Islamic nancialInstruments.

Objectives Toexposestudentstocurrentpracticesof

Mudarabah nance Todiscussissuesrelatedtocontemporary

Mudarabah nance TofosterandappreciationofIslamicbanking

and nance as viable alternative to the interestbased conventional nancial system

Content Highlights ShariaLegalFramework LegitimateProperty TheConceptofmoney Sourcesoflegislation TypesofRiba,JehalaandGharar Typesofcontracts MudarabahContractstandard Shariahstandard ApplicationofMudarabah

RiskandMitigation MechanismsforMudarabahinIslamicbanks Mudarabahsukuk

Target AudienceAll employees o Banks, other nancial institutionsrelated to the industry. All newly employedpersonnel beore handling any responsibility.


Course StructureThe course is conducted using a combination olecturers, discussion and case studies.Note: This course is non-examinable




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Sharia Standards

COURSE #: EX610E

DescriptionAAOIFI Sharia council has been active in issuingSharia standards. This course is devoted to theexplanation and discussion o these standards. Thecourse is lead by a prominent Sharia scholar who isa member o AAOIFI council.

ObjectivesUpon the completion o this course, the participantwill be able to: ExplainandusethemajorIslamicbanking

instruments used or dierent requirements Recognizeandfollowuptheacceptableand

unacceptable practices or each instrument UnderstandthevariationsamongstIslamic

Financial institutions in their applications andusage o each instrument

Content Highlights ThedifferencesamongIslamicbanksinthe

application o the Islamic instruments ShariastandardontheMurabahaand

Murabaha to the purchase order ShariastandardonSalam,Istisna,Mudharaba,

Mosharaka ShariastandardontheIjara,andIjara-Wa-

Tamleek

Shariastandardontheprocrastinatingdebtor Shariastandardoncurrencytrading Shariastandardondebtcardandcreditcard

Target Audience ShariaAuditors Bankers



Course FactsDuration : 3 DaysLecturers : Salah Al Majthoob,

Islamic FinanceConsultation &Training



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COURSE #: EX610A

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Sukuk Demystied

COURSE #: EX618E

DescriptionThe workshop will include hands-on case studieso actual deals, as well as generic exercises and willgive participants the opportunity to demonstratetheir understanding o deals through groupworkings and general discussions.

ObjectivesUpon the completion o this course, the participantwill be able to: Gainacomprehensiveunderstandingofthe

burgeoning Sukuk product as it continues tounold within the parameters promulgated bythe AAOIFI Sharia standards

Makeacompletecoverageofthesalientlegaland credit aspects relating to varying Sukukstructures possible under dierent Shariacontracts

EvaluatethetrendsintheSukukmarketwitha ocus on the benets, costs and risks rom theissuers as well as the investors viewpoints

DiscussthepotentialofSukukintherestructuring and / or management o thebalance sheets o Islamic banks

Content Highlights PracticalapplicationofIslamicnancecontracts

as a basis or Sukuk activities Sukuk,currentmarketoverview Sukukandtheirroles Cases LegalissuesinSukuk Sukukinnancingchoices Taxandregulatoryaspectsandtradability RoleofSukukinthedevelopmentofcapital

markets in the Islamic world

Target Audience CreditOfcers MarketingOfcers ShariaScholars InternalShariaReviewers/Ofcers AssetandFundManagers RiskManagers Bankers


Minimum Prerequisite CourseIntroduction to Islamic Banking 600A or 600E


Course FactsDuration : 3 DaysLecturers : Nida Reza, SVP

Capital Market,Unicorn InvestmentBank



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Islamic DocumentationStructure

COURSE #: EX627E

DescriptionThis intensive programme will cover types o IslamicFinancing Products, denitions and Sharia aspectsas well as work process. It will expand the cycle inthe Islamic products mechanism with specialemphasis on the structure o acilities,documentation and operation. The participants willalso understand the Islamic Financing requirementsor contract business with special emphasis on thepreparation and execution o the IslamicDocumentation.

ObjectivesThis training workshop addresses the undamentalcauses o compliance while preparing thedocumentation & provides the delegate with theSharia concepts o Islamic structuring covering thesecurity documents or their clients credit.Delegates will be able to identiy the risks involvedwith documents not prepared properly rom thelegal point in Islamic Financing & how to mitigatethese risks through obtaining properdocumentation or the nancing transaction.

Upon the completion o this course, the participantwill be able to: UnderstandtherequiredSecurity

Documentation to secure the bank interestagainst the nancing acility granted to theclient as per the approved terms and conditionsby the bank

SuggesttotheBusinessUnit(s)whatwouldbethe required documents or the IslamicFinancing Product(s)

Content Highlights TypesandDenitions,ShariaAspectsand

Operation o Six Products or Islamic Mode oFinance such as Mudaraba, Murabaha(Business Murabaha), Musharaka, Ijara and IjaraWa Iqtina (Operational and Financial), Bai Al

Salam and Istisnaa. Thecreditproposal,approvalanddisbursement

process. ThepracticalstepsforIslamicnancingproducts Thepreparationofsecuritydocumentationand

execution o the same by both parties [bankversus client] until release o acilities tooperations division or usage by the client

Theclientsrequirementsandtransactionsstructuring process by the Islamic bank

ExplaintheFATWAsissuedbythereligioussupervisory board o the bank Shamil bank inrespect o handling Islamic products andimplementation o the same by operation

division in the bank

Ageneralguidelinesonprocessofhandlingtransactions by Islamic banks

Bankspolicyandprocedurecompliance

Target Audience CreditandMarketingOfcers Compliance,AuditandLegalAffairsManagers OperationalRiskOfcersandstaffworkingin

Credit Administration OfcersinBankingOperationsandMiddle

Oce Bankers,whomtheirbankwillingtoconvertto

Islamic Window/Bank

PrerequisitesParticipants should have prerequisite knowledgeequivalent to that covered in the BIBF course listedbelow. This knowledge may have been obtainedthrough attendance on the BIBF course, otheracademic study or through work knowledge.

Minimum Prerequisites CourseIntroduction to Islamic Banking 600A or 600Eor Relevant banking experience

Course StructureThe programme will be conducted using a variety o

learning aids including PowerPoint, PDF slidespresentation, lectures, group discussions andproblem solving sessions, case studies, and quizzes

Course FactsDuration : 5 DaysLecturers : Abdulnasser Bukamal,

Practitioner IslamicBanking, VicePresident and Head oOperations at SeeraInvestment Bank,Head Oce,Kingdom o Bahrain



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Structuring IslamicTransactions

COURSE #: EX628E

DescriptionThis banking course emphasizes on the structuringo Islamic products and the practical applications ovarious Islamic contracts.

ObjectivesUpon the completion o this course, the participantwill be able to: AppreciatetheShariaprinciplesandparameters

within which they can structure Islamic Bankingproducts

Content Highlights Thecurrentaccount,thesavingsaccountand

the term deposit, Mudaraba investment accountincluding cases, Shamil unrestricted Mudaraba

contractandXYZrestrictedMudarabacontract Theprotsharingrates,expenses,cashreserves,

idle unds and post distribution issues Shariarules,isitadepositoraninvestment?

Case: Badr Wakalah contract Retailconsumerproducts,Tradenance

Murabaha, Rolling over the Murabaha,Structuring reverse Murabaha A xed ratedeposit, Murabaha non-tradable notes Arcapita case, Murabaha as treasury product,Tawaruq

ShariaRules,PricingtheMusharaka,Deal-xinga rate in a prot/loss sharing contract. Case:Dubai Real Estate Musharaka deal

Structuringtreasuryproducts:Liquiditymanagement and eatures o treasury products,Commodity Murabaha

Shariaprinciples,IjarahVs.Conventionalleasee,Pricing Ijarah Four dierent methods. Case:Bayt Hospitals corporate Ijarah deal andTamweel Ijarah

ShariaprinciplesofSalamandIstisnaa.Case:Alba Corporate Salam deal and Sharjah RealEstate Istisnaa Deal

WhataretheSukuk?Requirementsfortrading

o Sukuk, Structuring tradable Sukuk, SukukAl-Ijarah-Bahrain Soverign Sukuk case, Sukuk

Al-Intifaah:CaseofZamamTower,SukukAl-Musharaka: Case o Dubai Ports Sukuk

Target Audience CreditOfcers BranchandMiddleManagers InvestmentAnalysts


Minimum Prerequisites CourseIntroduction to Islamic Banking 600A or 600E


Course FactsDuration : 3 DaysLecturers : Dr. Taha Al Tayeb

rom Badr Al IslamiBank Dubai



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Conventional and IslamicProject Finance

COURSE #: EX630E

DescriptionThis course will provide a general idea o projectanalysis, evaluation, risk treatment, alternativenancing, project structure and documentation.

ObjectivesUpon the completion o this course, the participantwill have gained an understanding o: Therationaleofprojectnancing Howtoassessandevaluateprojectrisks Themethodologyofevaluatingtheprojectcash

fows Projectstructuresanddocumentation Quantitativeandqualitativetechniquesof

successul projects Howtostructurenancingtorecognizethe

divergent needs o parties involved

Content Highlights Identifycriticalcomponentsofaproject Therationalebehindtheproject Thedifferentstagesinthedeal Evaluatingtheprojectcashows Identifyingrisks Alternativenancing InterCreditoragreement ApplicableIslamiccontracts

Projectstructureanddocumentation

Target Audience Investmentmanagers Fundmanagers TreasuryStaff Riskmanagers CreditOfcers MarketingOfcers FinancialControlStaff OperationsDepartmentstaff ShariaAuditStaff


Course StructureLectures, group discussion, case studies

Course FactsDuration : 4 DaysLecturers : Eman Bu Rashid



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Islamic AssetSecuritisation

COURSE #: EX631E

DescriptionThis course provides a detailed overview osecuritisation, the rationale behind its rapid growthin developed markets, its potential use in Islamicnance and practical issues relating to thesecuritisation process.

ObjectivesUpon the completion o this course, the participantwill be able to: Appreciatethereasonsforthegrowthof

securitisation in the developed world Understandthedynamicsofsecuritisationin

both developed and emerging markets Appreciatethelegal,quantitativeandqualitative

issues relating to the securitisation process Understandthemechanismsforsecuritisation

available in Islamic nance Practicallystructureandsecuritiseassetsinboth

Islamic and conventional methods Appreciatethedynamicsrequiredtocreatean

eective environment or the developmentIslamic securitisation

Content Highlights BasicsofSecuritisation:

o Overview o securitisation in developed

markets like USA and Europeo Brie Inormation about securitisation in theemerging markets

o Legal, quantitative and qualitative aspects osecuritisation

o Other elements in securitisation Interestrate and cross currency swaps

SpecicStructures:o Commercial mortgage backed securitieso Trade receivables securitisationo Islamic securitisation Basic concepts

Issuestoconsiderforfurtherdevelopmentof

Islamic Securitisation:o Car Lease Securitisation Case Study

Comparative Analysis between Islamic andConventional Securitisation Structures,

o Current Developments in Securitisation thatmay Benet Islamic Securitisation,

o The Asset Backed Commercial PaperMarket (ABCPs) Conventional and IslamicBanking Launching ABCP Conduits.

Target Audience ProfessionalsinStructuredFinance Investmentmanagers Fundmanagers HedgeFundManagers StaffintheTradeandInvestmentDepartment StaffintheTreasuryDepartment CommercialandResidentialRealEstateStaff




Course FactsDuration : 3 DaysLecturers : Gohar Bilal, BNP

Bahrain



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Takaul Workshop -(Arabic)

COURSE #: EX633A

DescriptionThe course will provide a comprehensiveunderstanding o Islamic Insurance (Takaul). It willprovide a comparative analysis between Takaul andTraditional Insurance as well as explores the variousbusiness models o Takaul.

ObjectivesUpon the completion o this course, the participantwill be able to understand: TheShariaconceptofTakafulanditspractical

application Theconceptofinsuringdoubtfuldebt Theconceptofhealthinsurancebasedon

Takaul

Content Highlights TheconceptofTakafulandShariaguidelines ThebasisofTakafulinsurance ThecontractualrelationshipsintheTakaful

insurance Thesubscriptions Thesurplus ShariaaspectsofTakaful RoleandresponsibilitiesofShariasupervisory

board Reinsurance

Insuringdoubtfuldebts Islamicmedicalinsurance Shariastandard(26)onIslamicinsurance

Target Audience EmployeesofIslamicandConventional

Insurance Companies ShariaAuditorsandAccountants EmployeesofIslamicBanksandIslamic

Investment Companies ShariaAdvisors




Course FactsDuration : 3 DaysLecturers : Dr. Abdul Sattar Abu

Ghudah, Presidentand board member oseveral Takaulinsurance companiesand the supervisoryboard or Al BarakaBanking Group



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IslamicTrade Finance

COURSE #: EX638E

DescriptionThe course will highlight Islamic International tradenancing and the risks associated with tradestructured ramework to enhance and develop thecore business and operations o the Islamicinternational trade.

ObjectivesUpon the completion o this course, the participantwill be able to: RecognizetheIslamicconceptsandtechniques

available to issue letter o credit UnderstandthesignicanceofIslamictrade

nance operations Enhanceknowledgeofinternationaltrade

nance products Knowthekeyrisksinatradingtransactionand

how can they be managed Knowwhetherastructuredtradenance

transaction is more appropriate than a generalcorporate banking acility

Content Highlights Introductiontoglobaltradenance,principles,

risks and payments InternationaltradedocumentationsandInco

terms (2000) and L/Cs

Structuringandnancingtradedeals,fraudandBasel II

Target Audience OfcersfromTradeFinanceDepartment ShariaSuperintendents StafffromCorporateFinanceDepartments RelationshipManagers OfcersfromOperations(TradeFinance

Operations) OfcersfromFinancialControl OfcersinBankingOperations GovernmentRepresentatives StaffwhorequireknowledgeoftypesofL/Cs

OperationalRiskOfcers BankerswillingtoconverttoIslamicbank

window



Course FactsDuration : 4 DaysLecturers : Mr. Ari Khalia



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Waq Fund Certicate -(Arabic)

COURSE #: EX641A

DescriptionAWQAFisincreasinglybecominganoticeablemode o nancing and investment in the nanceindustry. This course is devoted to this subject alongwith potential development o Waq which entitlesit to contribute eectively to the Muslimcommunities.

ObjectivesUpon the completion o this course, the participantwill be able to: ExplainSharialegalframeworkunderlyingWaqf

system ExplainthehistoryofWaqf,developmentalrole,

jurisprudence ExplaintheactualpotentialofWaqfinmodern

societies through emphasis on its moderninstruments

Explainthemethodologyfortheinvestingthecurrent Waq projects and transorming them into an intellectual product

ExplaineconomicefciencyforWaqfproducts

Content Highlights WhatisWaqf AnhistoricalperspectivetoWaqf ThemanagementofWaqf

ThetraditionalmodesinvestmentofWaqf ThemodernmodesinvestmentofWaqf TheroleofWaqfintheeconomicandsocial

development EconomicefciencyforWaqfproducts Casestudies

Target Audience OfcersinAWQAFInvestmentUnit Anyoneinterestedinthetopic


Course StructureThis course is conducted using a combination olectures, discussion and cases

Course FactsDuration : 3 DaysLecturers : Pro. Ahmad

Mohammed Al Saad



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DescriptionThe course will cover denition and type o allLetters o credit and the actual practice orbooking the Islamic accounting entries or nancingtransactions such as Murabaha, Musharaka, IjaraWa Iqtina, Month-end accruals o prot; Recoveriesand recovery o instalments with delaycompensation or late payment; Prepayment oinstalment mechanism and calculation o protwith reund o cash git to client against charge obreak-cost

ObjectivesUpon the completion o this course, the participantwill be able to: IdentifytherisksinvolvedinsuchIslamic

nancing and how to mitigate these risksthrough the use o letter o credit andcompliance with the UCP rules

Understandtherequiredshippingdocumentsunder the Islamic mode o nance such asMurabaha letter o credit

KnowtheShariaconceptofIslamicstructuring or their clients credit acilities andwill have developed an understanding o theaccounting techniques

Content Highlights

BasicintroductiontothesixproductsforIslamicmode o nance such as Mudaraba, Murabaha(Personal and Business Murabaha), Musharaka,Ijara and Ijara Wa Iqtina (Operational andFinancial), Bai Al Salam and Istisnaa

TheIslamicbankingrelatedtotradenancewhich will cover contract o Al-Wakalah/Agency,Denition and type letter o guarantees andcomparisons between Islamic versusConventional products

Thecreditapplicationforstructureofthenancing acilities

Denitionsandtypeofalllettersofcredit,requirements, structuring and process

mechanism AlltypesofLettersofcreditandthewayof

handling the same by the Islamic Bank,denitions, requirements, structure and processmechanism, common discrepancies andcalculation o commission and charges

Explainingtheaccountingentriesandactualpractice or booking the Islamic accountingentries or nancing transactions such asMurabaha, Musharaka, Ijara Wa Iqtina,Month-end accruals o prot

ShariaconceptofIslamicstructuringandaccounting techniques

FATWAsissuedbytheReligiousSupervisory

Board o the Shamil Bank

Islamic InternationalTrade Finance

COURSE #: EX643E

Target Audience CreditandMarketingOfcers OperationalRiskOfcersandStaffworkingin

Credit Administration OfcersandStaffworkinginBanking

Operations AuditorsandInternalControlOfcers Bankerswhomtheirbankiswillingtoconvertto

Islamic Window/Bank


Minimum Prerequisites CourseIntroduction to Islamic Banking 600A or 600Eor Relevant banking experience

Course StructureThe program will be conducted using a varietyo learning aids including PowerPoint, PDF Slidespresentation, lectures, group discussions andproblem solving sessions, case studies, and quizzesto illustrate the key points to be learned by theparticipants

Course FactsDuration : 4 DaysLecturers : Abdulnasser

Bukamal, PractitionerIslamic Banking,President and ViceHead o Operationsat Seera InvestmentBank, Head Oce,Kingdom o Bahrain



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Mechanics o Financial Markets Islamic Perspective

COURSE #: EX647E

DescriptionThis is a basic course in Financial Markets. Thecourse introduces participants to the nancialmarket contracts and products in an Islamicperspective.

ObjectivesUpon the completion o this course, the participantwill be able to understand the: Basicscopeofnancialmarketsmechanism Productsofthenancialmarkets ConventionalversusIslamicproductsandtheir

impact on the economy

Content Highlights: Introductiontonancialmarkets Theglobalsysteminperspective Whyinterestistheproblem Moneymarkets(CDs,T-Billsetc.) Centralbanksandthemonetarypolicy Capitalmarkets(Stocks,Bondsetc.) Govermentinthenancialmarket Mechanismofthenancialmarkets Theimpactofnancialmarketsintheeconomy Financialmarketderivatives(ProsandCons) Whatreallycausedthenancialcrisis

Target AudienceAll Bankers who need to be introduced to nancialmarkets rom an Islamic perspective



Course FactsDuration : 3 DaysLecturers : Fadi Mohamad Ali -

General Manager oTAIB securities, Dubai



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Islamic Banking SupervisionBasel II & Capital Adequacy

COURSE #: EX651E

DescriptionThis course provides participants with acomprehensive understanding o the most up todate supervision methodologies o the Islamicbanking industry. The workshop will allowparticipants to examine the unique risks involvedwith Islamic banks rom a supervisory perspectiveand the risk mitigants employed.

ObjectivesUpon the completion o this course, the participantwill be able to: Understandthefundamentalprinciples

underlying modern Islamic banking and nance DescribethefullrangeofcurrentIslamic

products used in corporate, investment, andretail banking

ManageIslamicinstitutionaleffectivelyby increasing participants knowledge o Islamicliability management

Understandthesignicanceandrationalofthe Islamic principles o jurisprudence, know thesources and principles underlying modernIslamic banking and nance

Explorethelegal,regulatoryandoperationalramework o the Islamic banking and nanceindustry

UnderstandtheuniqueriskfacingIslamicbanks,the risk management techniques involved; andthe challenges related to people, practices andtechnology

ExploreBaselIIapproachesandtheimplementation challenges involved

Content Highlights GeneralShariaprinciples KeyIslamicnancialinstruments/contracts Financialstatementsstructure,analysisandac

counting AAOIFIstandards IIFMcapitalmarket

IFSBprudentialstandards Riskmanagementanditssupervisoryassessment Minimumcapitalrequirements(IIIPillars)

Target Audience CentralBankers BankingRegulators LegalAdvisors ShariaScholarsandInternalShariaReviewers/

Ocers AssetandFundManagers RiskManagers AccountantsandAuditors




Course FactsDuration : 5 DaysLecturers : Pro. Mustapha

Hamat

Fees: Member Institutions



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Auditing Takaul Companies -(Arabic)

COURSE #: EX653A

DescriptionThis course looks at the Sharia Audit procedures,manuals and relations to Sharia Supervisory Board(SSB) and other departments in the Takaulcompanies.ObjectivesUpon the completion o this course, the participantwill be able to: ExplaintheobjectiveandprocessoftheSharia

inspection in Takaul companies Recognizethedifferencesandrelationship

between Sharia audit and supervision BuildupaShariaauditprogram PrepareShariaauditreports

Content Highlights Shariacontrol,complianceandaudit

Overview KeyplayersinShariacompliance,controland

audit processes TheroleofShariasupervisioninTakaful

companies TheestablishmentofShariaaudit ThedifferencesbetweenShariasupervisionand

Sharia audit Whattoaudit?

Issueofparalleljurisdictions(accounting,regulatory, nancial) and implications RiskmanagementandShariacompliance

(Making sure things work - Rectiying(non-compliance).

Generalpresentationanddisclosureinthenancial statements o Islamic insurancecompanies

ProvisionsandreservesinIslamicinsurancecompanies

TheShariaauditmanual Shariaauditprogram Casesstudies

Target Audience BankEmployeesinvolvedintheShariaAudit

Function StaffofCentralBanks CreditOfcers ComplianceOfcers ShariaAdvisorsPrerequisitesParticipants should have prerequisite knowledgeequivalent to that covered in the BIBF course listedbelow.

Minimum Prerequisites CourseIntroduction to Islamic Banking 600A or 600ECourse StructureThe course is conducted using a combination olectures, discussion and case studiesCourse FactsDuration : 3 DaysLecturers : Dr. Shaban M. Islam

Barwari, Taazur




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Futures Thinking andStrategy Development

DescriptionThis course provides an overview o the eld oFutures Studies to gain skills in identiying andanalysing trends impacting the world on ananthropological, political, technological,sociological, and environmental level. In additionparticipants will explore ways to create a more just,sustainable and equitable world or uturegenerations, the course is designed to provide youwith substantial knowledge regarding the uturesthinking and strategy development.

ObjectivesUpon the completion o this course, the participantwill be able to: Understandandbefamiliarwithmethodsused

to develop preerred, probable and possibleutures

Understandemergingissuesandtrends-particularly values changes- creating the utures,especially those that promise to transorm thebanking and nance sector

Articulateandunderstandtheimplicationsofthese emerging issues and trends that are likelyto impact the banking and nance industry

Understandandhavethecapacitytouse methods that map the historical patterns o

social change Analyseanddevelopthepreferredvisionandpolicy o Governmental and Private sectorinstitutions and organisations

Usefuturesmethodstobetterunderstandtheprobable, possible and preerred utures ovarious organisations

Content HighlightsThe workshop will consist o our modules: Module1 (Case studies), Module 2 (Critical success actorsin oresight), Module 3 (Methods and Tools) andModule 4 (Refections and Next Steps): CriticalSuccessfactorsincreatingfutures

oriented organisations Understandingandfamiliaritywithmethods

used to develop preerred, probable andpossible utures

SixbasicconceptsofStrategicForesight Roleofcreativityanduseofwhole-of-brainand

body or understanding the uture MethodsandtoolsinForesight FuturesTriangle Imagesofthefuture Quantitativepushesofthepresent

(Globalisation, Virtualization, Outsourcing) Weightsofhistory(Bureaucracy,Politics,

Feudalism)

Emergingissuesanalysis-problems,trendsand

COURSE #: EX656E

emerging issues Thefutureswheel-consequencesofcurrent

trends CasualLayeredAnalysis ScenarioDevelopment Visioning-Envisionyourpersonaland

organizational uture Backcasting-anewapproachtostrategy

Target AudienceDivision and Branch managersSta o planning, budgeting and nancial controldepartmentsManagers, executives, business analysts and thoseinvolved in planning and/or implementing strategicinitiatives.


Course StructurePresentation ollowed by interactive workshop.

Course FactsDuration : 2 daysLecturers : Pro. Sohail

Inayatullah is a

political scientist/uturist at TamkangUniversity, Taiwan &the University o theSunshine Coast,Australia. Heco-teaches an annualcourse Futuresthinking and strategydevelopment at MtEliza ExecutiveEducation, MelbourneBusiness School. In1999 he held the

Unesco Chair at theUniversity o Trier,Germany.



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TITLE

Duration

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PublicOfferings

1

IntroductiontoIslamicBanking

5

600E

9-13

6-10

6-10

10-14

8-1

2

19-23

3-7

1

6-20

20-24

2

IntroductiontoIslamicBanking(Arabic)

5

600A

20-24

10-14

3

IslamicLeasing(Ijarah)

2

609E

25-26

4

IslamicMutualFunds

3

611E

5-7

1

1-13

5

IslamicLiquidityandTreasuryMana

gement

3

613E

12-15

6

BudgetPreparationinIslamicBanking(Arabic)

2

615A

11-12

7

IslamicCreditCards

2

620E

7-8

8

ShariaorBankers

2

630E

2-3

1

2-13

9

MurabahaFinanceorRetailExectives

2

631E

6-7

10

MurabahaFinanceorRetailExecutives(Arabic)

2

631A

5-6

11

IstisnaaFinanceorRetailExecutive

s

2

632E

5

-6

12

IstisnaaFinanceorRetailExecutive

s(Arabic)

2

632A

27-28

13

IslamicEconomicsorBankers

2

633E

2

5-26

14

FuturingFromIslamicPerspective(Arabic)

2

634A

26-27

15

SkillsoConvincing&InfuencingO

thersin

Negotiation(Arabic)

2

635A

12-13

27-28

16

IntroductiontoGlobalEconomys&

IslamicFinancial

Markets(Arabic)

2

636A

24-25

17

CustomerRelationshipManagement&Marketing

inIslamicBanking

2

637E

1

0-11

18

ShariaAudit

3

638E

20-22

19

ShariaAudit(Arabic)

3

638A

1-3

14-16

20

IntroducingAccountingtoNon-Accountantsor

IslamicBanking

4

640E

5-8

21

IntermediateIslamicBanking

3

641E

8-10

7-9

20-22

1-3

22

AdvancedIslamicBanking

3

642E

27-29

23

AdvancedIslamicBanking(Arabic)

3

642A

14-16

24

IntroductiontoSustainableDevelopment-

IslamicPerspective

2

643E

2

4-25


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JUL

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Centre for Islamic Finance

Documents

Transcript of Centre for Islamic Finance