Islamic Banking - Functions and Governance
INTRODUCTION
Islamic finance and banking is a financial system that operates according to Islamic law (which is called sharia) and is, therefore, sharia-compliant. Just like conventional financial systems, Islamic finance features banks, capital markets, fund managers, investment firms, and insurance companies. However, these entities are governed both by Islamic law and the finance industry rules and regulations that apply to their conventional counterparts.
In order to respond to the growing needs for capacity building in the Islamic Banking and Finance industry, London premier centre offers a short training programme for professionals in the banking and finance sector.
The training programme is conducted under the capacity building with its aim to contribute to the development of institutional capacity within the various segments of Islamic finance. It will facilitate further development of Islamic finance as well as deepen participants/institutions knowledge and skills in the respective area.
OBJECTIVES
By attending this Islamic Banking Functions and Governance Course, you will:
Gain an understanding of the operations of Islamic banks
Learn about the historical development of Islamic banking
Understand the theoretical foundations of the institutionalisation of Islamic finance
Get to grips with the functions, products and services and social utility linked with Islamic finance
Gain an appreciation of governance and regulation
Learn about the Shariah oversight and the supervisory boards
Explore the reputation management of the functions and governance within Islamic banks
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WHO SHOULD ATTEND ?
This Islamic Banking Functions and Governance Course Ideal for: Those who wish to understand the main Islamic principles and concepts which relate to Islamic Banking and finance.
Islamic Finance professionals
Corporates and banks issuing Sukuk Islamic investors in Sukuk
COURSE OUTLINE
Day
1
Islamic Banks in the Context
The theoretical foundation of the institutionalisation of Islamic finance
The historical development of Islamic banking
The core objectives of Islamic banking
The conceptual difficulty of banking without riba Business models the bank model versus the non-bank model
Business lines retail banks versus wholesale/investment banks
Surviving in a non-Islamic environment
The attitude of regulators Muslim and non-Muslim Competing alongside conventional banks
Liquidity management issues
Day 2
Functions
Products and Services
Deposits
Trade finance
Corporate finance
Agriculture
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Consumer
Treasury
Day 3
Balance Sheet
Asset side
Liability side
Accounting peculiarities
Social Utility
Economic distinction?
Qard (interest-free loan)
Charity
Zakat (religious tax)
Day 4
Governance
Regulation
Capital adequacy
Risk management
Reporting & disclosure
Central bank support
Shariah Oversight
Shariah supervisory boards, their role and purpose
Shariah compliance departments and advisers
Shariah auditors
The view of English law on Shariah
Reputation Management
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Day 5
Case study Islamic Bank
Conclusion
IN-HOUSE TRAINING
LPC Training is capable of conducting this training programme exclusively for your delegates. Please e-mail us on admin@lpcentre.com for further information and/or to receive a comprehensive proposal.
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DOCUMENTATION
High-Quality material has been prepared by the LPC team for distribution to delegates. In addition, a special note pad to facilitate note-taking will be provided.
CERTIFICATES
Accredited Certificate of completion will be issued to those who attend & successfully complete the programme.
SCHEDULE
Our Course timings commence at 09:00 and conclude at 13:00.
REGISTRATION & PAYMENT
Please complete the registration form on the course page & return it to us indicating your preferred mode of payment. For Further Information, please get in touch with us.
CANCELLATION AND REFUND POLICY
Delegates have 14 days from the date of booking to cancel and receive a full refund or transfer to another date free of charge. If less than 14 days notice is given then we will be unable to refund or cancel the booking unless on medical grounds. For more details about the Cancellation and Refund policy, please visit www.lpcentre.com/terms-and-conditions/
TRAVEL AND TRANSPORT
We are committed to picking up and dropping off the participants from the airport to the hotel and back.
LONDON
Oxford Street Offices: London - Oxford Street 25 N Row, London W1K 6DJ
+44 (0) 20 36 916 970
West London Office: 47 49 Park Royal Road London NW10 7LQ +44 (0) 20 80 900 464
info@lpcentre.com
DUBAI
Business Bay - Marasi Drive Churchill Tower commercial1, Office 107 +971 4 421 4616
dubai.training@lpcentre.com
KUALA LUMPUR
No. 03-06-05, UOA Business Park, Jalan Pengaturcara U1/51A, Section U1, Kawasan Perindustrian Temasaya, 40150 Shah Alam, Selangor
+60 19-305 5694
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