2-Day Workshop : New Approach Towards Dedicated Practitioners Capable of Structuring Shariah Compliant Islamic Financial Instruments www.cert.com.my Structuring Islamic Financial Products
5 - 6 May 2014 Hotel Istana Kuala Lumpur, Malaysia
Exploring Islamic Commercial Law as a Tool in Developing and Structuring Islamic Financial Products
Expert Course Trainers Topics to be discussed
Fundamentals In Structuring Islamic Financial Products: Shariah Framework And Legal Maxims PROF. DR. ENGKU RABIAH ADAWIAH Islamic Transaction in Islamic Banking & Finance: An Institute of Islamic Banking and Finance Overview International Islamic University Malaysia Essential Contracts Business in Islamic Banking and Finance Structuring Islamic Financial Products - Criteria and Techniques ASSOC. PROF. DR. RUSNI HASSAN Ahmad Ibrahim Kulliyyah of Laws International Islamic University Malaysia Structuring Islamic Financial Products: Application & Recommendation Structuring Sale Based (Bay’) Products in Islamic Finance MOHD NAZRI CHIK Structuring Leasing (Ijarah) Products in Islamic Finance Head of Shariah Structuring Partnership (Shirkah) Products in Islamic Bank Islam Malaysia Berhad Finance Supporting Contracts in Islamic Banking and Finance
“Your Partner in Islamic Finance Training and Development” Day1 5 May 2014, Monday
0830 Morning Coffee and Registration — Purpose of sale Application of sale contracts in Islamic 0900 Welcoming Remarks from the Chair Banking and Finance — Murabahah, Bay bi thaman Ajil (BBA), Bay’ al `Inah, Bay’ al Salam, Bay’ al 0910 Islamic Commercial Law in Islamic Istisna’ and Tawarruq Banking & Finance : Principles and Essential Business Contracts Case Study BBA Financing History of Islamic law and the Murabahah and Tawarruq Financing development of Islamic finance BBA and Murabahah Sukuk Sources of Islamic law Istisna’ Sukuk Ijtihad and how it is practiced in Islamic banking and finance 1730 END OF DAY ONE Peculiar techniques of Law in Islamic Banking and Finance Essential business contracts in Islamic Banking and Finance Day2 6 May 2014, Tuesday 1030 Morning Tea Break 0830 Morning Coffee 1100 Structuring Islamic Financial Products – Criteria and Techniques 0900 Structuring Leasing (Ijarah) Based Products in Islamic Banking and Techniques of Law – ratiocination, equity, public interest (istihsan), legal devices,etc Finance Shariah compliance check list and other relevant factors i.e. legal, accounting, Overview, concept and definition taxation, etc Salient features of Ijarah contract Creation of template for Islamic product Rules governing the benefit & leased asset development / rentals Transfer of ownership in lease Project financing 1230 Lunch Application of Ijarah in Financing facilities and Sukuk Issuances 1400 Application of Legal Maxim to Islamic Banking and Finance Case Study Ijarah Financing Products Islamic legal maxims in practice Ijarah Maufusah fi Zimmah 5 leading Islamic legal maxims Sukuk al-Ijarah Application to Islamic banking and finance Product development issues 1030 Tea Break
1530 Tea Break 1100 Structuring Partnership (Shirkah) Based Products in Islamic Banking 1600 Structuring Sale Based Products in and Finance Islamic Banking and Finance Essential and general elements and Essential elements of sale conditions of Shirkah Classification of sale Types of Shirkah — Manner of cost & profit Application of Shirkah — Time of delivery Musharakah and Mudarabah – definition, — Method & manner of payment modus operandi and principles — Object of sale Applications of Musharakah & Mudarabah
Do Not Miss The Opportunity To Enhance Your Knowledge In This Valuable Programme In Islamic Securities
Practical Approach for Optimum Understanding of Sukuk and Securitization About Your Expert Course Trainers
Prof. Dr. Engku Rabiah Adawiah is currently a Professor at the — Islamic project financing IIUM Institute of Islamic Banking and Finance, International Islamic — Share holding University Malaysia (IIUM). Currently, she is a member of the — Islamic stock screening Syariah Advisory Council (SAC) of Bank Negara Malaysia and — Islamic unit trust Securities Commission Malaysia, and an independent Shariah — Islamic securities / Sukuk issuances advisor for Islamic securities issuance, approved by and registered with the Malaysian Securities Commission. She is also a member Case Study of Shariah Supervisory Board of Labuan FSA. In addition, she is also a member of the investigation tribunal for the Malaysian Bar Musharakah Mutanaqisah Financing Council. She obtained her LLB (First Class Honours) and LLB Sukuk Musharakah (Shari’ah) (First Class Honours) from the IIUM. Shortly thereafter, Sukuk Mudharabah she successfully completed her Masters of Comparative Laws Sukuk Musharakah Mutanaqisah (MCL) with distinction from the same university. She was conferred with PhD in Law (Securities Regulation) from the 1230 Lunch University of Aberdeen, United Kingdom. Assoc. Prof. Dr. Rusni is currently the Deputy Dean of IIUM 1400 Supporting Contracts of Islamic Institute of Islamic Banking and Finance, International Islamic Commercial Law in Islamic Banking University Malaysia (IIUM). She graduated with LLB (Honours) and and Finance LLB (Shariah) (First Class Honours) from IIUM. She also holds a Master of Comparative Laws from IIUM. She was later, completed her PhD in Law with specialization in Islamic Commercial Law. Dr Delegates will be introduced to process of Rusni teaches both Islamic Banking and Finance for both developing and structuring several undergraduate and post graduate levels. Her area of specialization instruments using supporting contracts includes Islamic Banking and Finance, Islamic Capital Market, available in Islamic commercial law i.e. Takaful, Islamic Law of Transactions and Islamic Jurisprudence. guarantee / surety (Kafalah), transfer of debt Currently she is a member of Shariah Advisory Council (SAC) of (Hiwalah), mortgage / charge (Rahn) deposit Bank Negara Malaysia. She was a member of Shariah Committee (Wadiah), agency (Wakalah), commission for HSBC Amanah and a registered Shariah Unit Trust Advisor with (Jualah), rebate (Ibra’) and set off (Muqasah). the Securities Commission Malaysia. She presented papers for several international conference and seminars locally and abroad. These supporting products which are equally She has spoken extensively in seminars, workshops, conferences important to complement the main contracts and trainings on various Islamic Banking and Finance issues. Her will be examined comprehensively through publication includes articles of journals, Shariah Law Reports and group activities. other publications.
1530 Tea Break Mohd Nazri Chik currently a candidate for Doctorate in Business Administration with Northern University of Malaysia. He is a holder of a Master’s Degree and Bachelor Degree in Shariah (Islamic 1600 Case Study Jurisprudence) from Academy of Islamic Studies, University of Ar Rahn Malaya. In June 2004, he joined Bank Islam and served the Bank for Islamic Unit Trust five years in various positions including Senior Manager – Head of Wadiah Deposit Shariah Department. He left Bank Islam in September 2009 to join Variable Rate Financing Noor Investment Group, Dubai UAE as its Shariah Audit Manager for a brief period and during this time, he has been appointed as a member of the Shariah Supervisory Council until he rejoined Bank 1730 END OF WORKSHOP Islam as its Assistant General Manager – Head of Shariah Division in January 2011. He is also an Accredited Trainer for Islamic Banking and Finance Institute of Malaysia and a member of the Shariah Supervisory Council of Amana Bank Limited, Sri Lanka. Benefit of Attending This Workshop Understand the Shariah principles and legal maxims (qawaid fiqhiyyah) which are peculiar to developing and structuring Shariah compliant Participants are eligible for a products in Islamic finance 30% DISCOUNT Understand the features of every contract in its on any CERT Islamic Finance Books original status as documented in Islamic fiqh and purchases during this 2-days how to apply them effectively for structuring new workshop. products Enhance the horizon of practitioners towards product development and product enhancement Explore and update current issues or fatwas in Course Timing Islamic finance from Malaysia and Middle East The workshop will commence at 0900 everyday and Review and update the Shariah and fiqh issues and finish at 1700. Registration will take place at 0830 on challenges in the implementation and Day One. There will be 3 breaks at appropriate development of fiqh al Mu`amalat in Malaysia and intervals for refreshments and lunch. Morning coffee around the globe. will also be provided at 0830. Structuring Islamic Financial Products 5 - 6 May 2014 Hotel Istana Kuala Lumpur, Malaysia
EARLY BIRD FEE: Before 17 April 2014 REGULAR FEE: After 17 April 2014 RM2,000.00 / USD700.00 per person RM2,500.00 / USD850.00 per person
The fee includes lunch, refreshments, workshop documentation and certificate of attendance.
- Discount of 5% for 2 participants from the same organisation. Special group discount - Discount of 10% for 3 or more participants from the same organisation.
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Accomodation Cancellations Hotel is not included in the workshop fee. To reserve accommodation at the If you are unable to attend, a substitute is welcome at no extra cost. A event venue, please contact hotel address below: complete set of workshop documentation and a 50% refund will be given for cancellation received in writing not later than 2 weeks prior Hotel Istana Kuala Lumpur City Centre to the workshop date. Unfortunately, only a 25% refund and 73, Jalan Raja Chulan, 50200 Kuala Lumpur, Malaysia documentation workshop will be given for cancellation received Tel: +603.2141.9988 Fax: +603.2144.0111 within 2 weeks before programme commencement. Email: [email protected] CERT Events Sdn. Bhd. reserves the right to cancel/amend the Incorrect mailing address programme in extreme circumstances. Should this occur, they will If you have received multiple mailings of this brochure or incorrect company endeavour to advise delegates at the earliest opportunity but take no details on the address, please accept our apologies. If this occurs, kindly notify responsibility for any irrecoverable costs on the part of the delegates, us so that we can update our database. eg. air fares, hotel costs. Obviously, attendance fees would, in such circumstances, be fully refundable at the delegate’s option. web— www.cert.com.my Copyright ©— CERT Events Sdn. Bhd.