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Islamic Finance Programs

Hands-On Workshop (HOW) Syariah Non Compiance Risk Series: Intermediate

Programme Overview

This programme emphasises on the fundamentals and applications of Syariah risk management as a vital second line of defense function to ensure Syariah compliance. The programme exposes the participants to the importance of Syariah risk management and the frameworks which serve as the foundation for the practice.

Discussion and case study analysis on the critical components of risk management in Syariah-compliant operations will be conducted.

Participants will also be guided on the processes to be implemented for effective risk management adoption.

Methodology

Face-to-face training.

Who is this Programme for?

The programe is desugned for those looking to enhance their expertise in their current role by:

  • Head of the operations;
  • Risk management committees members;
  • Syariah function managers and executives; and
  • Syariah risk management managers and executives.

Programme Objectives

  • Describe the fundamentals and applications of Syariah risk management to ensure Syariah compliance; and
  • Apply the fundamentals of Syariah risk management processes and technical skills to execute the Syariah risk management processes.

    Programme Outline

     Modules
    Module 1: Syariah governance and risk
    Module 2: Internal control & Committee of Sponsoring Organisations of the Treadway Commission (COSO) framework in Syariah risk management
    Module 3: Syariah risk management processes
    Module 4: Introduction to digital banking and open banking

    Programme Delivery

    Date Time
    12-13 June 2023

    8:30 AM – 12:00 PM

    1:30 PM - 5:00 PM

    Your Investment

    Package Stakeholder Non Stakeholder
    Fee $ 800.00 $ 900.00
    Group Fee (Min 3 Pax) $700.00 $700.00

     

    Download Brochure Here

    Islamic Finance 101

    Programme Overview

    The Islamic Finance 101 course provides an overview of Islamic banking and finance concept, background and related Syariah Principles governing Islamic finance.

    The programme also includes discussions on the theories of property, rights, ownership, and contracts. The theory of contracts and its pillars are given specific emphasis and is covered in a significant portion of the course.

    Methodology

    Face-to-face training.

    Who is this Programme for?

    The programme is open to

    • any individuals who seek to understand the basic concepts of
      Islamic finance;
    • New entrants to Islamic finance industry; and
    • Those wishing to refresh their knowledge on Islamic finance
      basics.

    Programme Objectives

    • Learn about Syariah, its sources and components, Maqasid Syariah, its classification and application in Islamic banking and finance;
    • Explain the difference between Syariah and Fiqh as well as the differences between Islamic and conventional banking and finance;
    • Understand the application Syariah contracts in Islamic banking and finance; and
    • Discuss the Syariah issues on Islamic finance products and instruments.

      Programme Outline

       Modules
      Module 1:  Understanding Syariah Module 9: Types of contracts
      Module 2: Sources of Syariah Module 10: Requirement of Syariah
      Contracts in Islamic Finance
      Module 3: Fiqh and Usul Fiqh Module 11: Sale based Contracts in Islamic
      Finance
      Module 4: Rulings of Syariah Module 12: Al-Ijarah (Lease) Based
      Contracts in Islamic Finance
      Module 5: Objectives of Syariah Module 13: Partnership-Based Contracts in
      Islamic Finance
      Module 6: The fundamental value of
      Maqasid Syariah      		 Module 14: Supporting Contracts
      Module 7: Islamic Legal Maxims Module 15: Regulatory Bodies in Islamic
      Finance and Takaful
      Module 8: Theory of contracts Module 16: Legal Framework for Islamic
      Finance
      Module 17: Syariah Governance Framework

      Programme Delivery

      Date Time
      3 July 2023

      8:30 AM – 12:00 PM

      1:30 - 5:00 PM

      Your Investment

      Package Stakeholder Non Stakeholder
      Normal Price $ 200.00 $300.00

       

      Download Brochure Here

      Islamic Financial Planning 101: Applying Islamic Concept For Successful Money Management

      Programme Overview

      The Islamic Financial Planning (IFP) 101 is an introductory programme which focuses on the personal financial aspects of participants to ensure that they will be able to manage their finances in a more systematic manner and most importantly in accordance with Syariah principles.

      The topics that will be discussed include Introduction to Islamic Financial Planning; the difference between IFP and conventional financial planning; Cash Flow and Asset-Liabilities Management as well as Risk Management and Takaful Planning.

      The programme will share tips, practices and strategies for a better and more systematic personal financial management.

      Methodology

      Face-to-face training.

      Who is this Programme for?

      • Individuals who want to learn and acquire knowledge on IFP for personal fulfillment in order to achieve their financial objectives and manage personal financial matters in accordance with Syariah principles;
      • Professionals and personnel who are involved in the retail segment of both Islamic and conventional banking; and
      • Those working in the areas of wealth management, investment, takaful and insurance businesses.

      Programme Objectives

      • Understand the importance of Islamic financial planning and its components such as Cash Flow and Asset Liabilities Management; Islamic Risk Management; and Takaful Planning;
      • Assess current personal financial standings, including strength and weaknesses through analysis of personal financial statements such as statement of net worth and cash flow;
      • Prepare an effective personal budgeting plan;
      • Create personal financial goals with clarity through a systematic 6-steps process and guidelines; and
      • Manage personal finance systematically with simple tips, techniques and strategies.

        Programme Outline

         Modules
        Module 1:  Introduction to Islamic Financial Planning
        Module 2: Cash Flow and Asset-Liabilities Management
        Module 3:Risk Management and Takaful Planning

        Programme Delivery

        Date Time
        19 June 2023

        8:30 AM – 12:00 PM

        Your Investment

        Package Stakeholder Non Stakeholder
        Normal Price $ 200.00 (20% SBS) $ 250.00

         

        Download Brochure Here

        Islamic Financial Planning 202: Personal Financial Management with Islamic Concept

        Programme Overview

        The Islamic Financial Planning (IFP) 202 introductory programme offers broader areas of the personal financial aspects catering to the more sophisticated financial needs in accordance with Syariah principles.

        The topics that will be discussed include Asset Management, Zakat Planning, Retirement Planning, Education and Hajj Planning and Islamic Legacy Management. Upon completion of the programme, participants will better understand investment strategies and asset allocations, provide provision for Zakat and explore different approaches towards comfortable retirement. Participants will also discover IFP concepts for estate distribution through faraid, wasiat and hibah.

        Who is this Programme for?

        The programme is designed for individuals who wish to learn about the important components of Islamic financial planning and understand different financial planning options that are in accordance with Syariah principles.

        Programme Objectives

        • Understand asset management, retirement planning, zakat and Hajj planning, and Islamic legacy planning;
        • Assess own retirement needs and other life goals to be incorporated in financial plans such as Hajj plans and education; and
        • Describe asset allocation strategies and calculate personal zakat provisions.

        Methodology

        Face-to-face training.

          Programme Outline

           Modules
          Module 1: Asset Management
          Module 2: Zakat Planning
          Module 3: Retirement Planning
          Module 4: Education and Hajj Planning
          Module 5: Islamic Legacy Planning 

          Programme Delivery

          Date Time
          24 July 2023

          8:30 AM – 12:00 PM
          1:30 PM – 5:00 PM

          Your Investment

          Categories Stakeholders Non Stakeholders
          Fee $ 300.00 $ 400.00

           

          Download Brochure Here

          Hands-On Workshop (HOW) Syariah Non Compiance Risk Series: Advanced

          Programme Overview

          This programme provides participants with an advanced knowledge of the Syariah risk management Processes as part of the Syariah governance and assurance mechanisms. Participants will be exposed to 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.

          Case studies and discussions on the adoption of tools, namely Risk Control Self Assessment (RCSA), Self Control Testing (SCT), Key Risk Indicators (KRI) and Loss Event Data (Syariah Non-Compliance Management & Reporting) will be conducted.

          Methodology

          Face-to-face training.

          Who is this Programme for?

          The programe is designed for:

          • Those in leadership or supervisory roles within the financial industry; and
          • Those looking to enhance their expertise in their current role by adopting the Syariah risk management tools and mitigating Syariah noncompliance risk for critical processes through internal control measures.

          Programme Objectives

          • Enable adoption of the Syariah risk management tools;
          • Identify internal control measures for critical processes to mitigate Syariah non-compliance risk;
          • Discuss tools such as Risk Control Self-Assessment (RCSA),Self-Control Testing (SCT), Key Risk Indicators (KRI) and Loss Event Data (Syariah Non Compliance Management & Reporting).

            Programme Outline

            Day 1
            		 Day 2
            Module 1: Syariah Risk Management Tools for Risk Identification and Assessment Module 3: Syariah Risk Management Tools for Risk Monitoring
            Module 2: Syariah Risk Management Tools for Risk Assessment and Validation Module 4: Syariah Risk Management Tools for Syariah Non-Compliance Reporting (Loss Event Data)

            Programme Delivery

            Date Time
            1-2 August 2023

            8:30 AM – 12:00 PM

            1:30 PM - 5:00 PM

            Your Investment

            Package Stakeholder Non Stakeholder
            Fee $ 900.00 $ 1,000.00
            Group Fee (Min 3 Pax) $800.00 $800.00

             

            Download Brochure Here

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