Islamic Finance – Advanced

Course Overview 

This course will go into detail on the religious background, documentary evidence, key organisation, conflicting interpretations, accounting and taxation implications and Islamic financial and banking products in use worldwide today.

The course will include a range of case studies and numerical exercises designed to demonstrate the principles and practice of Islamic finance, aimed at providing delegates with an ability to design, construct, manage and audit Islamic products and institutions.

The course will benefit professionals already involved with Islamic finance who are seeking to obtain a balanced and comprehensive understanding of this rapidly growing discipline.

Participants will be required to bring a laptop to the course.

Course Content

Studies in Islam

• The key religious texts and principles
• How Islam constructs its financial principles
• Islamic contract law
• Role of the Schools and Sharia’a boards
• Recent changes and developments in Islam
• Examples of fatwas and religious decision-making

The Islamic financial industry

• Islamic investment funds
• Islamic banking structures
• Funding/liquidity and new products
• Investment structures and strictures
• Emerging trends in the industry

Products in detail

• Mudaraba
• Musharaka
• Salam
• Istisn’a
• Ijara
• Jo’ala
• Takaful

Islamic financial statements

• AAOIFI principles
• Recent rulings and their implications
• Comparisons with IFRS/GAAP
• Islamic governance
• Differences between jurisdictions
• Intercreditor agreements

Delivering this course in-house for you to a number of participants could be very cost effective. Please call us on 020 7387 4484 to discuss this further.

If you have any questions about this seminar please write to us at post@redcliffetraining.co.uk.