Under Shari'a Law, managing finance and assets requires avoiding credit or debt processes. Businesses need a well-defined treasury setup and project plan with risk prevention measures. In an Islamic Financial Institution (IFI), staying updated on terminology, trading implications, and Sukuk-influenced treasury procedures is crucial. Reviewing the money market, liquidity management, long-term funding, and capital adequacy is essential to mitigate financial risks. Understanding Islamic financial tools for forex and rate risks helps secure funding and create low-risk, long-term investment opportunities.
Upon completion of this course, participants will be able to:
- Identify the nuances of Shari’a Law regarding finance department management and treasury.
- Understand the most effective Islamic tools to identify risk areas correctly.
- Highlight potential risks and develop mitigation tactics.
- Make a comparative analysis of various treasury applications in different jurisdictions.
- Apply Islamic toolkits to various money markets.
- Manage currency and foreign exchange without creating extra risk.
This course is designed for anyone required to make financial decisions according to Sharia Law or those required to highlight potential risk areas to finances or assets using treasury reporting. It would be most beneficial for:
- Business Owners
- Financial Managers
- Chief Financial Officers
- Treasurers
- Accountants
- Property Investors
- Bank Managers Issuing Sukuk
- Financial Account Managers
- Investors in Sukuk
This course uses various adult learning techniques to aid full understanding and comprehension. Participants will review videos and participate in interactive presentations to understand the differences imposed on financial institutions when complying with Shari’a Law.
They will work in groups to overcome real-world challenges, utilise Islamic tools to flag risk areas, and develop innovative solutions to minimise financial loss and increase investment and turnover.
Day 5 of each course is reserved for a Q&A session, which may occur off-site. For 10-day courses, this also applies to day 10
Section 1: Money & Treasury Implications
- Sarf contract rules.
- Riba Al-Nasiah.
- The Sharia perspective.
- Traditional money marketing activity and the variation with Islamic activity.
- Interbanking transactions.
- Tradable instruments, repossession, and effects on a business.
Section 2: Islamic Tools
- Quad and Wadiah deposits and a summary of the rules.
- Remunerative deposit tools.
- Mudarabah, Wakalah, and Murabaha deposits.
- Transfer banking and funding possibilities.
- The intra-banking relationship.
- Inter-branch pricing (IBP).
Section 3: Islamic Interbanking Tools
- Murabaha and Tawarruq pricing strategies.
- Reverse Murabaha and the implications.
- Shari’a brokers, OTC, and active warrants.
- Back values, breakages, and compounding assets.
- Suq-al-Sia.
- Standardised documentation IIFM and AIBIM.
- Islamic funding leakage and implications.
- Dar vs. Blom banking.
- Wadiah for Hibah and points.
Section 4: Tradable Instruments Under Sukuk
- Traditional trading tools.
- T-Bills
- Banker’s acceptance bills.
- Commercial papers and accurate record keeping.
- Yield vs. discount.
- Short-term issuance against Basel III.
- Short-term and long-term Sukuk options.
- Tradability Shari’a guidelines.
- Global vs. Islamic tenure.
- Fixed-rate and floating rate.
- Understanding conventional repo.
- Islamic market influencing.
Section 5: Repossession & Managing FX Risk
- Cross currency challenges.
- Balance sheet solutions.
- Long Murabaha.
- A traditional FX swap and hedging.
- Arbun, promises, and Juala.
- Effective break-even strategies.
- Islamic market Put Option and Put Spread.
- Unilateral promises and bilateral promises.
- Executing changes against a risk framework.
Section 6: Managing Rate Risk
- An analysis of data using Shari’a tools.
- Forward rate Agreements (FRA) and funding futures.
- Conducting an interest rate swap.
- Interest rate swaps, collars, and floors.
- The future of Islamic finance.
- Reviewing balance sheets, business accounts, and asset-focused transactions.
عند إتمام هذه الدورة التدريبية بنجاح، سيحصل المشاركون على شهادة إتمام التدريب من Holistique Training. وبالنسبة للذين يحضرون ويكملون الدورة التدريبية عبر الإنترنت، سيتم تزويدهم بشهادة إلكترونية (e-Certificate) من Holistique Training.
شهادات Holistique Training معتمدة من المجلس البريطاني للتقييم (BAC) وخدمة اعتماد التطوير المهني المستمر (CPD)، كما أنها معتمدة وفق معايير ISO 9001 وISO 21001 وISO 29993.
يتم منح نقاط التطوير المهني المستمر (CPD) لهذه الدورة من خلال شهاداتنا، وستظهر هذه النقاط على شهادة إتمام التدريب من Holistique Training. ووفقًا لمعايير خدمة اعتماد CPD، يتم منح نقطة CPD واحدة عن كل ساعة حضور في الدورة. ويمكن المطالبة بحد أقصى قدره 50 نقطة CPD لأي دورة واحدة نقدمها حاليًا.
العلامات
الدورات المميزة
