Islamic Finance

Programme Overview

With the increasing overnight policy rate affecting the global market, Sukuk may be an alternative instrument to the floating rate financing. It is imperative for every license holder to understand the difference between the application of Sukuk and its advantages. The course is not limited to Islamic bankers but also conventional bankers as it will benefit them in advising and exploring possibilities of issuing Sukuk.

Objectives

• Define sukuk and its comparison to bonds.
• Understand the characteristics and types of sukuk issued.
• Understand sukuk structures and its roles of each party involved in sukuk.
• Distinguish applicable guideline related to sukuk.
• Apply sukuk structures according to the financing requirements.

Who Should Attend

• Professionals in Treasury, Investment, Treasury Operations, Risk Management, Compliance Audit, Legal & Syariah.
• Capital Market Services Representative’s License (CMSRL)’s holders.

Programme Date

Programme Fee

Download Brochure Here

Book Now!

Programme Overview

This course is designed to provide a comprehensive grasp of the IFRS 17 standards and the necessary steps to facilitate a seamless transition for professionals within the Insurance and Takaful industry.

Furthermore, the course will incorporate hands-on exercises, including presentations, to elevate participants' comprehension and practical application of the material.

Objectives

• Understand the background and objectives of IFRS 17.
• Recognise measurement models for different contracts.
• Understand the basic presentation and disclosure of financial statements under IFRS 17.
• Enhance the level of preparedness and assist in the development of process to accommodate transition to IFRS in relation to risk assessment, regulatory reporting and solvency requirements.

Who Should Attend

• Regulators
• Takaful Industry
• Insurance Industry
• Finance Professionals
• Other related professionals

Programme Date

Programme Fee

Download Brochure Here

Book Now!

Programme Overview

This course is aimed at providing knowledge and understanding of the management of the claims function in an insurance/takaful organisation.

Objectives

• Understand the management of the claims function.
• Apply claims service principles and practices.
• Relate the application of technical claims principles.
• Understand the financial aspects of the claims function

Who Should Attend

• Insurance claims personnel.
• Assessors.
• Adjusters.
• Researchers.

Programme Date

Programme Fee

Download Brochure Here

Book Now!

Programme Overview

The aim of this workshop is to provide participants with a comprehensive understanding of insurance and takaful fraud, including their underlying principles, motivations, and methods. Additionally, workshop will equip participants with the knowledge and skills to enhance their ability to identify, prevent, and effectively address fraudulent activities in this domain.

Objectives

• Identify common methods used to commit fraud against insurance/takaful companies.
• Recognise ways that insurance/takaful policyholders/participants can benefit from making fraudulent claims.
• Discern how insurance/takaful companies can help protect themselves against fraud.
• Distinguish methods that can be used to detect, prevent and combat various types of insurance fraud.

Who Should Attend

• Insurer/Takaful Operator Claims Executives.
• Insurer/Takaful Agents and Brokers.
• Independent Insurance adjusters.
• Insurance Coverage and Claims Lawyers.
• Prosecutors.
• Systems Integrators.

Programme Date

Programme Fee

Download Brochure Here

Book Now!

Programme Overview

This programme exposes participants to the Syariah risk management processes as part of the Syariah governance and assurance mechanisms and the assessment of the adequacy and effectiveness of the current internal controls for Syariah compliance within the business units via the adoption of various risk management tools. Cases and discussions on the adoption of tools, namely Risk Control Self Assessment (RCSA), Key Risk Indicators (KRI) and Loss Event Data (Syariah Non-Compliance Management & Reporting) will be conducted.

The knowledge on the frameworks and will in turn empower the Syariah governance functions; Syariah secretariat and Syariah researchers, Syariah risk officers, Syariah reviewers and Syariah auditors to identify, assess and improve the internal control measures necessary to ensure continuous compliance to Syariah.

This programme adopts hybrid of teaching and learning sessions about fundamentals of Syariah Risk management as well as the practical works on the assessment of the adequacy and effectiveness of the current internal controls for Syariah compliance adopted in Syariah-compliant operations. At the end the 2-day session, participants will be generating a report on the internal control measures for the critical processes in Islamic Financial institutions’ operations.

Objectives

• Empower participants on the fundamentals and applications of Syariah risk management as a vital second line of defence function to ensure Syariah compliance.
• Inculcate the fundamentals of Syariah risk management processes and technical skills to execute the Syariah risk management processes.
• Empower the participants to adopt the Syariah risk management tools, namely Risk Control Self-Assessment (RCSA), Key Risk Indicators (KRI) and Loss Event Data (Syariah Non- Compliance Management & Reporting).

Who Should Attend

• Directors & board members
• Syariah advisors
• Company secretaries
• Audit committee and internal auditors
• Compliance and audit staff
• Regulatory authorities

Programme Date

Programme Fee

Download Brochure Here

Book Now!