Banking, Insurance and Financial Services
Mastering Islamic Liquidity Management
Overview:
Introduction:
This training program will provide a comprehensive overview of Islamic finance with a specific focus on liquidity management instruments. Participants will learn about the different types of Islamic finance instruments used to manage liquidity and the practical considerations involved in their implementation.
Program Objectives:
At the end of this course, the participants will be able to:
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Understand the basic principles of Islamic finance and how they relate to liquidity management.
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Gain knowledge of the various Islamic finance instruments used for liquidity management.
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Learn about the practical considerations involved in implementing Islamic finance instruments for liquidity management.
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Understand the role of the Shari'ah Supervisory Board (SSB) in the Islamic finance industry.
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Evaluate the performance of Islamic finance instruments for liquidity management.
Targeted Audience:
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Bankers and finance professionals.
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Investors and asset managers.
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Accountants and auditors.
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Islamic finance practitioners and consultants.
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Lawyers and legal professionals.
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Employees with an interest in Islamic finance and its applications.
Program Outlines:
Unit 1:
Introduction to Islamic Finance
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Overview of Islamic finance.
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Principles of Islamic finance.
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Definition and purpose of liquidity management.
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Overview of Islamic finance instruments.
Unit 2:
Islamic Finance Instruments for Liquidity Management:
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Murabahah.
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Ijarah.
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Musharakah.
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Mudarabah.
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Istisna.
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Salam.
Unit 3:
Practical Considerations in Implementing Islamic Finance Instruments:
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Shari'ah compliance.
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Tax considerations.
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Risk management.
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Accounting and Reporting.
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Operational considerations.
Unit 4:
Role of Shari'ah Supervisory Board (SSB):
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Definition and purpose of SSB.
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Role and responsibilities of SSB.
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SSB approval process.
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SSB reporting and disclosure.
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The impact of SSB on the Islamic finance industry.
Unit 5:
Evaluating the Performance of Islamic Finance Instruments:
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Financial ratios and metrics.
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Comparison with conventional finance instruments.
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Return on investment (ROI).
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Risk-adjusted return on investment (Sharpe Ratio).
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Case studies and practical examples.