TRAINING PROGRAMME REGULATORY AND COMPLIANCE FRAMEWORK IN ISLAMIC FINANCE UNDER IFSA 2013
|
|
- Deborah Conley
- 5 years ago
- Views:
Transcription
1 TRAINING PROGRAMME REGULATORY AND COMPLIANCE FRAMEWORK IN ISLAMIC FINANCE UNDER IFSA 2013 Dates and Time: October 2015 (Monday-Tuesday) 9:00am - 5:30pm Venue: International Institute of Advanced Islamic Studies (IAIS) Malaysia Jalan Ilmu, Off Jalan Universiti, Kuala Lumpur. Organised by: Conducted by the Author of IFSA 2013: Commentaries on Selected Provisions
2 OBJECTIVES OF THE TRAINING 1. To expose the participants to the regulatory framework of Islamic finance in Malaysia with special reference to Islamic Financial Services Act (IFSA) To equip the participants with an understanding of the application of laws, rules and standards governing the Islamic finance industry in Malaysia and internationally. 3. To expose the participants to the issues and challenges arising from the current regulatory regime for Islamic finance industry domestically and internationally. 4. To provide a platform of discussion for the participants on issues related to the regulatory framework for Islamic finance. LEARNING OUTCOME At the end of the training, participants will have a clear understanding of the following: The regulatory framework of Islamic finance. The applicable laws, rules and standards in Islamic finance. Dispute resolution mechanism in Islamic finance. Court procedures relating to Islamic finance disputes. Issues and challenges that have arisen in the Islamic finance industry in Malaysia and at the international level.
3 TRAINING PROGRAMME DAY 1 Monday, 12 th October :30 09:00 Registration & Refreshment 09:00-10:30 SESSION 1 Introduction Malaysian Banking & Takaful Legal History Islamic Banking in Malaysia Overview of International Islamic Finance Regulatory Framework Bank of International Settlement International Association of Insurance Supervisors Basel III International Chamber of Commerce Financial Action Task Force Foreign Account Tax Compliance Act International Organization of Securities Commissions World Trade Organization US Banking & Securities Regulations European Conventions and Treaties Roles of Islamic Finance Standards Issuance Bodies 10:30 11:00 Coffee Break & Networking 11:00-12:30 SESSION 2 Part 1: Selected Issues on the Challenges Faced by the Islamic Financial System in the Global Market Position of Shariah Law Jurisdiction Party Autonomy Rule Pacta sunt servanda Conflict of Laws Choice of Governing Law Arbitration Part 2: Case Study Analysis of International Cases on Islamic Finance 12:30-14:00 Lunch and Zuhur Prayer
4 14:00-15:30 SESSION 3 Part 1: Regulators in Islamic Finance Al-Quran & Al-Sunnah Central Bank of Malaysia Securities Commission Labuan Offshore Ministry of Finance Part 2: Legal and Regulatory Framework of Islamic Financial Institutions in the Malaysian Environment Operationalisation Oversight Functions Documentations, Internal Policies & Procedures Risk Management Information Disclosures Products Structuring Part 3: Relevant Acts Governing Islamic Financial Institutions Islamic Financial Services Act (IFSA) 2013 Financial Services Act (FSA) 2013 Central Bank of Malaysia Act 2009 Securities Commission Act 1993 Capital Market and Services Act 2007 Development Financial Institutions Act 2002 (Act 618) Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (Act 613) Cooperative Societies Act 1993 Tabung Haji Act 1995 Government Investment Act 1983 & its Amendment in :30-16:00 Coffee Break & Networking 16:00-17:00 SESSION 4 Part 1: Institutions Regulated under Bank Negara Malaysia (BNM) Banking and Deposit-Taking Institutions (Sector 1) Insurance and Takaful (Sector 2) Money Services Business (Sector 3) Electronic Money and Non-Bank Affiliated Charge & Credit Card (Sector 4) Designated Non-Financial Businesses and Professions (DNFBPs) & Other Non-Financial Sectors (Sector 5) 17:00 END OF DAY 1 Part 2: Analysis of Malaysian Cases on Islamic Finance
5 DAY 2 Tuesday, 13 th October :30 09:00 Refreshment 09:00 10:30 SESSION 5 Part 1: Judiciary and Dispute Settlement Mechanisms Malaysian Court Landmark Cases in Islamic Banking Court-Annexed Mediation KLRCA-AALCO Ombudsman Arbitration Avenues around the Globe How to settle cross border dispute according to regions Mediation Arbitration Expert Determination Part 2: Case Study Analysis of Arbitration cases related to Islamic Finance 10:30 11:00 Coffee Break & Networking 11:00 12:30 SESSION 6 Shari ah Compliance as Required by IFSA 2013 Islamic Financial Services Act (IFSA 2013). The Impacts of IFSA 2013 : i. Salient features of IFSA 2013 ii. Objectives of IFSA 2013 iii. Outlining the Financial Ombudsman Scheme as a Key Component of IFSA 2013 iv. What this scheme means for banks and customers v. Legal Provisions as set out by the Financial Ombudsman Scheme vi. Establishment of a system for the effective and fair handling of complaints vii. Procedures for the resolution of disputes in connection with financial services viii. Ensuring full compliance and cooperation with the scheme Powers of Bank Negara Malaysia Relevant to IFSA 2013 ix. Enforcement Issues and Penalties
6 12:30-14:00 Lunch and Zuhur Prayer 14:00-15:30 SESSION 7 Issues and Challenges in the Implementation of Islamic Financial System Legal Accounting Shariah Operationalisation Risk Harmonisation 15:30-16:00 Coffee Break & Networking 16:00-17:30 SESSION 8 Recent Cases & Statistics in Islamic Finance Liability of Shariah Advisers Recover Issues Position of Garnishee Proceedings The Problems in Equity Financing - Special Reference to Musharakah Mutanaqisah 17:30 END OF DAY 2
7 EXPERT COURSE INSTRUCTORS Dr Hakimah Yaacob is currently the Head of Economics, Finance, Awqaf & Zakah Unit of the International Institute of Advanced Islamic Studies (IAIS) Malaysia. She has a broad professional experience in the Islamic finance industry, academia and consulting. Her research focus is on Islamic finance, legal ethics, restorative justice, Alternative Dispute Resolution (ADR), regulatory framework and Islamic legal drafting. She is a certified mediator and a member of Chartered Arbitrators, UK and certified mediator of Australian Accord Group. She has been appointed as a court expert in Islamic finance cases in Malaysia and Hong Kong and is an expert witness in cases of Musharakah structures. She is also the author of Alternative Dispute Resolution in Cross Border Islamic Finance Cases published by ISRA, Bank Negara Malaysia. Dr Hakimah s consulting assignments include drafting the regulatory framework for Islamic Finance in Maldives and China. Dr Hakimah is actively involved with advising on Shariah compliance Halal issues with World Trade Law in relation to trade and services. Apnizan Abdullah holds the LL.B (Honours) and Master of Comparative Laws (MCL) from the International Islamic University Malaysia (IIUM) obtained in 2003 and 2004 respectively. Prior to joining IAIS, she was a lecturer at the Universiti Tunku Abdul Rahman (UTAR) and the University of Malaya. She was also a researcher at the International Shariah Research Academy for Islamic Finance (ISRA). She obtained her Chartered Islamic Finance Professional certificate (CIFP) from the International Centre for Education in Islamic Finance (INCEIF) in 2011 and her LL.B (Shariah) from the IIUM in She has written articles in international journals, bulletins and magazines and conducted trainings on regular basis. She currently serves the International Institute of Advanced Islamic Studies (IAIS) Malaysia as a Research Fellow.
8 WHO SHOULD ATTEND THIS TRAINING? The course will benefit anyone who may have a potential exposure to the implications of IFSA In particular: Bank staff In-house counsel Researchers Lecturers Shariah compliance officers Lawyers Islamic corporate and retail bankers Risk managers Shariah professionals, including Shariah auditors and compliance Bank management and directors FEES PARTICIPANT RM 1,000 EARLY BIRD PROMOTION RM 900 (before 21 st September 2015) STUDENT RM 500 Account Name: International Institute of Advanced Islamic Studies (IAIS) Malaysia Account No: Bank Name: CIMB Islamic Bank Berhad Payment must be made before 5 th October 2015 For more information and/or to register, please visit razi@iais.org.my Phone:
THE ROLE OF CENTRAL BANK OF MALAYSIA IN DEVELOPING MALAYSIA'S ISLAMIC FINANCIAL INDUSTRY
الا كاديمية العالمية للبحوث الشرعية ISRA International Shari ah Research Academy for Islamic Finance THE ROLE OF CENTRAL BANK OF MALAYSIA IN DEVELOPING MALAYSIA'S ISLAMIC FINANCIAL INDUSTRY Prof. Dr. Mohamad
More informationSHARIAH REQUIREMENTS AND ARRANGEMENTS FOR ISLAMIC FINANCIAL PRODUCTS & FEATURES
SHARIAH REQUIREMENTS AND ARRANGEMENTS FOR ISLAMIC FINANCIAL PRODUCTS & FEATURES Ijarah Istisnah Waad 27 th March 2017, InterContinental Hotel, KUALA LUMPUR SIDC CPE - accredited: 10 CPE Points Bank Negara
More informationSHARIAH AUDIT AND REVIEW FOR ISLAMIC FINANCIAL INSTITTUTION
SHARIAH AUDIT AND REVIEW FOR ISLAMIC FINANCIAL INSTITTUTION Introduction Shariah compliance is the backbone of Islamic finance institutions (IFI) in which they operate. Therefore, ensuring Shari ah compliant
More informationSHARIAH NON-COMPLIANT RISK MANAGEMENT FOR ISLAMIC FINANCIAL INSTITUTIONS
SHARIAH NON-COMPLIANT RISK MANAGEMENT FOR ISLAMIC FINANCIAL INSTITUTIONS Introduction Ensuring Shari ah compliant aspect is imperative for Islamic financial institutions (IFIs) to maintain the confidence
More informationISLAMIC AND NON-ISLAMIC FINANCE IN CONTEMPORARY PERSPECTIVE
ISLAMIC AND NON-ISLAMIC FINANCE IN CONTEMPORARY PERSPECTIVE Dr. Mohd Daud Bakar President/CEO International Institute of Islamic Finance (IIIF) Inc. mdaud@iiif-inc.com www.iiif-inc.com Islamic Finance
More informationGROWING DEMAND FOR TALENT IN ISLAMIC FINANCE
Demand for Islamic finance talent is set to grow in tandem with a rapidly expanding industry, especially as Islamic finance evolves to be more competitive and increasingly sophisticated. Efforts to expand
More informationENHANCING SHARIAH COMPLIANCE OF ISLAMIC FINANCIAL INSTITUTIONS THROUGH SHARIAH GOVERNANCE
ENHANCING SHARIAH COMPLIANCE OF ISLAMIC FINANCIAL INSTITUTIONS THROUGH SHARIAH GOVERNANCE Prof. Dr. Rusni Hassan IIUM Institute of Islamic Banking and Finance International Islamic University Malaysia
More informationThe Islamic Finance Qualification (IFQ) expands upon knowledge gained from the Fundamentals of Islamic Banking and Finance.
The Islamic Finance Qualification (IFQ) expands upon knowledge gained from the Fundamentals of Islamic Banking and Finance. It is a global qualification that covers Islamic finance from both a technical
More informationContracts and Transactions under Islamic Law
Contracts and Transactions under Islamic Law Understand key issues in Finance, Trade and Investment Contracts Understanding Islamic contracts: structuring and legal issues 17-19 August, 2015, 9:00am 5:00pm
More informationDiploma in Islamic Finance
Diploma in Islamic Finance A different prespective on global business by Institute of Cost & Management Accountants of Pakistan Catch the opportunity and take the lead. Introduction ICMA Pakistan has developed
More informationSHARIAH AUDIT & SHARIAH NON-COMPLIANCE REPORTING FOR ISLAMIC FINANCIAL INSTITUTIONS
SHARIAH AUDIT & SHARIAH NON-COMPLIANCE REPORTING FOR ISLAMIC FINANCIAL INSTITUTIONS 19 th July 2017, InterContinental Hotel, KUALA LUMPUR SIDC CPE - accredited: 10 CPE Points Shariah audit has long been
More informationSHARIAH GOVERNANCE & SHARIAH COMPLIANCE CULTURE FOR ISLAMIC FINANCIAL INSTITUTIONS
SHARIAH GOVERNANCE & SHARIAH COMPLIANCE CULTURE FOR ISLAMIC FINANCIAL INSTITUTIONS 26 th February 2018, InterContinental Hotel, KUALA LUMPUR SIDC CPE - accredited: 10 CPE Points Shariah governance has
More informationTHE PRACTICE OF TAKĀFUL BENEFIT (NOMINATION) IN THE CONTEXT OF IFSA 2013: A CRITICAL APPRAISAL
THE PRACTICE OF TAKĀFUL BENEFIT (NOMINATION) IN THE CONTEXT OF IFSA 2013: A CRITICAL APPRAISAL Saba Radwan Jamal Elatrash * Younes Soualhi ** I. INTRODUCTION Nomination, in the context of takāful (Islamic
More informationSHARIAH REQUIREMENTS AND ARRANGEMENT FOR ISLAMIC FINANCIAL PRODUCTS & FEATURES
SHARIAH REQUIREMENTS AND ARRANGEMENT FOR ISLAMIC FINANCIAL PRODUCTS & FEATURES Hibah, Wadiah, Qard & Rahn Wakalah & Kafalah 31 st July 2017, InterContinental Hotel, KUALA LUMPUR SIDC CPE - accredited:
More informationLegal, Documentation & Shariah Issues in Islamic Banking and Capital Markets
ISLAMIC FINANCE LAW SCHOOL Legal, Documentation & Shariah Issues in Islamic Banking and Capital Markets Benefit from the knowledge & experience of your expert panel of speakers: Dr Rusni Hasan, Asst. Professor,
More informationPRACTICAL IMPLEMENTATION OF SHARIAH AUDIT
PRACTICAL IMPLEMENTATION OF SHARIAH AUDIT SIDC CPE - accredited: 10 CPE Points The development of Islamic finance in Malaysia has been supported by firmly established financial institutional structures
More informationISLAMIC BANKING & FINANCE INSTITUTE MALAYSIA
ISLAMIC BANKING & FINANCE INSTITUTE MALAYSIA The information contained in this training calendar is correct at the time of publishing. IBFIM reserves the right to make alterations to the information contained
More informationIslamic Microfinance an incredible tool to Alleviate Poverty!
Islamic Microfinance an incredible tool to Alleviate Poverty! AlHuda Center of Excellence in Islamic Microfinance is an initiative of AlHuda CIBE. AlHuda CIBE is a well established name in Islamic financial
More informationRegulatory Framework on Sharia-based Fintech: Current Issues
Regulatory Framework on Sharia-based Fintech: Current Issues Prof. Dato Dr Azmi Omar President & Chief Executive Officer 4 July 2018 INCEIF 2017 A member of AACSB INCEIF 2018 International Centre for Education
More informationThe Internationalization of Islamic Finance and the Role of International Educational Centres in Human Capital Development
The Internationalization of Islamic Finance and the Role of International Educational Centres in Human Capital Development Mohd-Pisal Zainal, Ph.D. Henley Business School Malaysia Monday, April 3, 2017
More informationRECOVERY & DISPUTE RESOLUTION FOR ISLAMIC FINANCE FACILITIES
RECOVERY & DISPUTE RESOLUTION FOR ISLAMIC FINANCE FACILITIES 6 th - 7 th December 2017, Intercontinental, KUALA LUMPUR SIDC CPE - accredited: 10 CPE Points The Islamic finance industry faces the same fundamental
More informationIslamic Microfinance 4th - 6th June, 2013 in Addis Ababa - Ethiopia
3 Days Specialized Training Workshop on Islamic Microfinance 4th - 6th June, 2013 in Addis Ababa - Ethiopia Jointly Organized By AlHuda Center of Excellence in Islamic Microfinance Islamic Microfinance
More informationMuhammad bin Ibrahim: The polemics of governing law in Islamic finance recent developments and the way forward
Muhammad bin Ibrahim: The polemics of governing law in Islamic finance recent developments and the way forward Keynote address by Mr Muhammad bin Ibrahim, Deputy Governor of the Central Bank of Malaysia,
More informationMohammad bin Ibrahim: Islamic finance and Malaysia s role
Mohammad bin Ibrahim: Islamic finance and Malaysia s role Luncheon address by Mr Mohammad bin Ibrahim, Deputy Governor of the Central Bank of Malaysia, at the 21st Conference of Presidents of Law Associations
More informationIslamic Finance: Challenges and the Way Forward
Islamic Finance: VISION To become a leading institution for higher education in Banking and Finance in the region MISSION To develop and offer internationally recognized programmes, capacity building,
More informationKEY PILLAR OF GOVERNANCE FOR ISLAMIC FINANCE
Jointly Organised by 2014 SHARIAH AUDIT CONFERENCE KEY PILLAR OF GOVERNANCE FOR ISLAMIC FINANCE 20 & 21 MAY 2014 HOTEL ISTANA, KUALA LUMPUR Sponsored by Supporting Bodies IIA Malaysia Member 16 CPD Points
More informationOne Day Specialized Training on Islamic Banking, Finance and Islamic Microfinance
One Day Specialized Training on Islamic Banking, Finance and Islamic Microfinance th 19 January, 2018 Sofitel Hotel, Manila Philippines. ALHUDA CENTER OF ISLAMIC BANKING AND ECONOMICS AlHuda Center of
More informationWAQF & WAQF-BASED FINANCIAL PRODUCTS
WAQF & WAQF-BASED FINANCIAL PRODUCTS Structure, Innovation, Management & Practice 27 th September 2017, KUALA LUMPUR SIDC CPE - accredited: 10 CPE Points Waqf is a financial charitable institution established
More informationPostal Address : Faculty of Shari ah and Law Islamic Science University of Malaysia Bandar Putra Nilai 71800, Nilai Negeri Sembilan Malaysia
Full name : DR. ZULKIFLI BIN HASAN Postal Address : Faculty of Shari ah and Law Islamic Science University of Malaysia Bandar Putra Nilai 71800, Nilai Negeri Sembilan Malaysia Telephone : +6016-3379776
More informationor Blog :
Full name : ZULKIFLI BIN HASAN Postal Address (UK) : 10 Clarence Street Bowburn, DH6 5BB United Kingdom Home (UK) : +44 (0) 1913772571 Mobile (UK) : +44 (0) 7761457686 E-mail : z.b.hasan@durham.ac.uk or
More informationTechnical Release i -1. Accounting for Zakat on Business
LEMBAGA PIAWAIAN PERAKAUNAN MALAYSIA MALAYSIAN ACCOUNTING STANDARDS BOARD Technical Release i -1 Accounting for Zakat on Business Malaysian Accounting Standards Board 2006 1 Accounting for Zakat on Business
More information4th ICIB Ministry of Planning Development & Reform Conference Secretariat: Mr. Ikram Ullah Khan Mr. Ehtesham Rashid
ICIB 4 th International Conference on Islamic Business 2016 Quaid-e-Azam Auditorium, IIUI Faisal Masjid Campus, Islamabad, Pakistan 20-22 February, 2016 Organized By: riphah international university riphah
More informationRECOVERY, RESTRUCTURING & RESCHEDULING OF ISLAMIC FINANCE FACILITIES
RECOVERY, RESTRUCTURING & RESCHEDULING OF ISLAMIC FINANCE FACILITIES The Islamic finance industry faces the same fundamental challenges and risks as that of conventional finance, including whether or not
More informationSTRUCTURE, INNOVATION, GOVERNANCE & APPLICATION OF WAQF & WAQF BASED PRODUCTS
STRUCTURE, INNOVATION, GOVERNANCE & APPLICATION OF WAQF & WAQF BASED PRODUCTS Waqf is a financial charitable institution established by withholding property to eternally provide for various socio-economic
More information23 September, 2017, Manila - Philippine
23 September, 2017, Manila - Philippine Registered with FAA as Training Provider ALHUDA CENTER OF ISLAMIC BANKING AND ECONOMICS AlHuda Center of Islamic Banking and Economics (CIBE) is a pioneer organization
More informationAIDE MEMOIRE. for. ADFIMI UDBL Joint Workshop on Essentials of Islamic Banking. Serena Hotel, Kampala, Uganda
AIDE MEMOIRE for ADFIMI UDBL Joint Workshop on Essentials of Islamic Banking Serena Hotel, Kampala, Uganda 18 19 April 2017 Background: Uganda has recently passed legislation in order to develop Islamic
More informationPostal Address (Malaysia) : Islamic Science University of Malaysia Bandar Baru Nilai 71800, Nilai Negeri Sembilan
Full name : DR. ZULKIFLI BIN HASAN Postal Address (UK) : 10 Clarence Street Bowburn Durham DH6 5BB United Kingdom Postal Address (Malaysia) : Faculty of Shari ah and Law Islamic Science University of Malaysia
More informationTREASURY MANAGEMENT FOR ISLAMIC BANKS: Documentation, Assurance, Risk & Strategic Management
TREASURY MANAGEMENT FOR ISLAMIC BANKS: Documentation, Assurance, Risk & Strategic Management 18 th July 2018, KUALA LUMPUR SIDC CPE - accredited: 10 CPE Points In the aftermath of the 2008 global financial
More informationSHARIAH GOVERNANCE IN ISLAMIC FINANCE: THE EFFECTS OF THE ISLAMIC FINANCIAL SERVICES ACT 2013
SHARIAH GOVERNANCE IN ISLAMIC FINANCE: THE EFFECTS OF THE ISLAMIC FINANCIAL SERVICES ACT 2013 Surianom Miskam Department of Business Management Faculty of Management and Muamalah Kolej Universiti Islam
More informationDestination! Center of Islamic Banking & Economics. Canada. Organized by October, Islmaic Banking & Finance Heading Towards.
Organized by Center of Islamic Banking & Economics 18-19 October, 2018 Canada Islmaic Banking & Finance Heading Towards New Destination! In Association With Ansar Financial Interest-Free Investments AlHuda
More informationThe AEG is requested to: Provide guidance on the recommendations presented in paragraphs of the issues paper.
SNA/M1.17/5.1 11th Meeting of the Advisory Expert Group on National Accounts, 5-7 December 2017, New York, USA Agenda item: 5.1 Islamic finance in the national accounts Introduction The 10 th meeting of
More informationLEGAL, DOCUMENTATION AND SHARIAH RISK IN ISLAMIC BANKING AND FINANCE
LEGAL, DOCUMENTATION AND SHARIAH RISK IN ISLAMIC BANKING AND FINANCE 13 th April 2017, InterContinental Hotel, KUALA LUMPUR SIDC CPE - accredited: 10 CPE Points Operational risk in conventional banking
More informationCENTRE OF ISLAMIC BANKING AND ECONOMICS
LEARNING BEYOND THE BOUNDARIES Flexible - Elegant - Convenient & Self-Managed Study Highly structured and innovatively designed Distance Learning Program with an interactive methodology, under the supervision
More informationISLAMIC FINANCE PROGRAMMES
ISLAMIC FINANCE PROGRAMMES BANKING ACCOUNTING & FINANCE ISLAMIC FINANCE IT & PROJECT MANAGEMENT INSURANCE LEADERSHIP & MANAGEMENT EXECUTIVE LEADERSHIP ACADEMIC STUDIES ABOUT The BIBF is a semi-government
More informationCERTIFICATE IN ISLAMIC BANKING AND FINANCE
CERTIFICATE IN ISLAMIC BANKING AND FINANCE INTRODUCTION Islamic Finance refers to the provision of financial services in accordance with the Shari ah Islamic law, principles and rules. Shari ah does not
More information8th Azerbaijan Micro-finance Conference 2 Days Post Event Training Workshop on. Islamic Finance
8th Azerbaijan Micro-finance Conference 2 Days Post Event Training Workshop on Islamic Finance (including Islamic Microfinance, Islamic Insurance,Sukuk) 12th & 13th October,2015 in Baku - Azerbaijan Jointly
More informationmanah Institute of Islamic Finance and Economics Learn at Your Pace, Anytime, Anywhere
manah Institute of Islamic Finance and Economics Learn at Your Pace, Anytime, Anywhere SCHOLARSHIP AVAIL A BLE Amanah Institute of Islamic Finance and Economics (Amanah IIFE) Certified Islamic Microfinance
More informationCapitalise on the Vast Opportunities and Potential of
Capitalise on the Vast Opportunities and Potential of HEAR FROM LEADING BANKERS: Ahmad Zaini Othman Senior General Manager AmBank Group Badlisyah Abdul Ghani Head of CIMB Islamic Commerce International
More informationProgram Brochure. Master Diploma. Islamic Finance. Develope Your Skills to Design Islamic Financial Services.
Program Brochure Master Diploma Islamic Finance Develope Your Skills to Design Islamic Financial Services www.aims.education MDIF Program Overview Master Diploma in Islamic Finance (MDIF) is an advanced
More informationEmpowering the Shari ah Committee towards Strengthening Shari ah Governance Practices in Islamic Financial Institutions
Review of European Studies; Vol. 8, No. 2; 2016 ISSN 1918-7173 E-ISSN 1918-7181 Published by Canadian Center of Science and Education Empowering the Shari ah Committee towards Strengthening Shari ah Governance
More informationPROCESS AND PROCEDURES
PROCESS AND PROCEDURES FROM CONVENTIONAL TO ISLAMIC BANKING AMIR ALFATAKH YUSOF ISLAMIC BANKING SPEAKER PROFILE 1. Started in Conventional Banking Sales for OCBC Bank Retail, Business Banking and Corporate
More informationIslamic Microfinance An Incredible Tool to Alleviate Poverty
Islamic Microfinance An Incredible Tool to Alleviate Poverty AlHuda CIBE is now firmly established in Islamic Financial market, working in the field of Islamic Banking & Finance for the last seven years
More informationMIFP MASTERS IN ISLAMIC FINANCE PRACTICE
2 MIFP MASTERS IN ISLAMIC FINANCE PRACTICE make Malaysia as a center for Islamic Finance. Malaysia has achieved those objectives, evidenced for example by it being the largest issuer of Sukuk in the world.
More informationThe world s first end-to-end Shariah investing platform. Live Responsibly Invest Responsibly Invest Shariah
The world s first end-to-end Shariah investing platform Live Responsibly Invest Responsibly Invest Shariah Shariah Investing on Bursa Malaysia-i is the world s first integrated end-toend Islamic securities
More informationShariah Audit of Financial Institutions. August 26th - 27th, 2016 Lahore - Pakistan
Shariah Audit of Financial Institutions August 26th - 27th, 2016 Lahore - Pakistan About Training Workshop: AlHuda CIBE, realizing the immense need of training on Shariah Audit in Lahore, Therefore, AlHuda
More informationShariah Audit for Islamic Financial Institutions. (IFI s): Issues and Challenges
Reports on Economics and Finance, Vol. 4, 2018, no. 4, 151-158 HIKARI Ltd, www.m-hikari.com https://doi.org/10.12988/ref.2018.8114 Shariah Audit for Islamic Financial Institutions (IFI s): Issues and Challenges
More informationSHARIAH GOVERNANCE FRAMEWORK: THE ROLES OF SHARIAH REVIEW AND SHARIAH AUDITING
SHARIAH GOVERNANCE FRAMEWORK: THE ROLES OF SHARIAH REVIEW AND SHARIAH AUDITING Nor Fadilah Bahari Department of Accounting and Finance, Faculty of Management and Muamalah International Islamic University
More informationProduct Branding and Market Development Global Growth Opportunities. Daud Vicary Abdullah
Product Branding and Market Development Global Growth Opportunities Daud Vicary Abdullah 1 Agenda Facts and Figures Spreading the Word About Islamic Finance Opportunities Challenges to Development 2 What
More informationIslamic banking worldwide what is in it - for All of Us
2 nd International Conference & Exhibition on Islamic Banking and Finance Islamic worldwide what is in it - for All of Us By: Muhammad Ikram Thowfeek THRUST OF THE PRESENTATION: Introduction Market demand,
More informationSession 1. Overview of Islamic Finance
Session 1 Overview of Islamic Finance 1 Islam is a way of Life There are rules governing the many facets and aspects of life. AQIDAH (Faith & Beliefs) SHARIAH (Practices & Activities) AKHLAK (Moral & Ethics)
More informationللصناعة المالية اإلسالمية
الجلسة الثالثة: تقويم إسهامات المصارف المركزية في المواءمة الشرعية والرقابة والتنظيم للصناعة المالية اإلسالمية المواءمة الشرعية والرقابة والتنظيم للصناعة المالية اإلسالمية: تجربة البنك المركزي الماليزي
More informationIslamic Finance: Malaysia s Journey. Malaysia International Islamic Financial Centre (MIFC) Promotions Unit
Islamic Finance: Malaysia s Journey Malaysia International Islamic Financial Centre (MIFC) Promotions Unit Islamic finance..gaining traction in traditional & emerging economies Increasing number of Islamic
More informationThe Practice of Shariah Review as Undertaken by Islamic Banking Sector in Malaysia
The Practice of Shariah Review as Undertaken by Islamic Banking Sector in Malaysia Mohd Hairul Azrin Haji Besar*, Mohd Edil Abd Sukor**, Nuraishah Abdul Muthalib*** and Alwin Yogaswara Gunawa**** Shariah
More informationList of Figures. List of Tables. Acknowledgements. About the Author. About the Website
Contents List of Figures List of Tables Acknowledgements About the Author Preface About the Website CHAPTER 1 Introduction to Islamic Finance and Islamic Economics 1 Introduction 1 Creation of Money and
More informationThe Legal and Regulatory Aspects of Islamic Banking
The Legal and Regulatory Aspects of Islamic Banking A comparative look at the United Kingdom and Malaysia Abdul Karim Aldohni Routledge Taylor & Francis Group LONDON AND NEW YORK Contents Acknowledgements
More informationThe CIMA qualifications in Islamic Finance. A different perspective on global business
The CIMA qualifications in Islamic Finance A different perspective on global business I was always interested in moving into Islamic finance by my personal preference and the career opportunity available
More informationShariah-Compliant Investments: Risks and Returns
Shariah-Compliant Investments: Risks and Returns BADLISYAH ABDUL GHANI CEO, Group Islamic Banking, CIMB Group CEO, CIMB Islamic Bank Bhd 2nd Islamic Wealth Management and Financial Planning Conference
More informationIslamic Finance in Asia
第 1 頁, 共 5 頁 Islamic Finance in Asia Tag it: PHILIP BOWRING 27 June 2008 A growing river of money seeks investment consistent with Islamic religious principles Three races are now underway on the topic
More informationBlog :
PERSONAL IDENTIFICATION Full name : ZULKIFLI BIN HASAN Postal Address (UK) : 10 Clarence Street Bowburn, DH6 5BB United Kingdom Address (Malaysia) : PT 22107, Jalan Kolej 11 Desa Kolej, Bandar Baru Nilai
More information٤٢ أولا : ملاحظات تمهيدية : " " " " " " " " "." " "
( / ) - : : - -...... ( ). - : : ٤١ ٤٢ أولا : ملاحظات تمهيدية......... : " " " " " " " " "." " " ٤٣. " ".." ".. ( - ). " ( )." ) (... ( ).. (.. ) : ( ) : - /. ٤٤ ( ). : (" ").. ( ).. ( ). ( ) (.. ). (
More informationISLAMIC FINANCE AND BANKING MODES OF FINANCE
page 1 / 5 page 2 / 5 islamic finance and banking pdf Islamic banking or Islamic finance (Arabic:??????????????) or sharia-compliant finance is banking or financing activity that complies with sharia (Islamic
More informationThe 6th Azerbaijan Micro-finance Conference
The 6th Azerbaijan Micro-finance Conference 3 Days Post Event Training Workshop on Islamic Microfinance (Including Islamic Banking, Islamic Finance and Islamic Insurance) 8th 10th October, 2012 in Baku
More informationTHE TRANSFORMATION OF ISLAMIC LAW IN GLOBAL FINANCIAL MARKETS JONATHAN G. ERCANBRACK
THE TRANSFORMATION OF ISLAMIC LAW IN GLOBAL FINANCIAL MARKETS JONATHAN G. ERCANBRACK lgg CAMBRIDGE UNIVERSITY PRESS Acknowledgements x Table ofcases and legislation List of abbreviations xviii Arabic-Englishglossary
More informationRegulatory Framework of Shariah Governance. Zulkifli Hasan, PhD
+ Regulatory Framework of Shariah Governance Zulkifli Hasan, PhD + Contents n Regulatory framework of Shariah Governance n IBA1983 n CBA 1958 Amendment 2003 n IFSA 2013 n SGF and BNM s Directives n AAOIFI
More informationIslamic Finance Amendments Rules 2012
Islamic Finance Amendments Rules 2012 QFCRA Rules 2012-3 The Board of the Qatar Financial Centre Regulatory Authority makes the following rules under the Financial Services Regulations. Dated 19 December
More informationIslami Banking and Finance Resilience and Stability in the Present System
Current Issues in Islami Banking and Finance Resilience and Stability in the Present System This page intentionally left blank Current Issues in Islami Banking and Finance Resilience and Stability in the
More informationAnalysis of Minor Proposals outside the Mainstream Islamic Finance in Pakistan
Journal of Islamic Banking and Finance July Sept 2017 1 Analysis of Minor Proposals outside the Mainstream Islamic Finance in Pakistan Salman Ahmed Shaikh This paper is a humble attempt to discuss the
More informationMr. Tahir Khurshid Head Of Audit & Inspection Group Bank Alfalah Limited
1 Mr. Tahir Khurshid Head Of Audit & Inspection Group Bank Alfalah Limited Audit & Risk Review Function in Banks - Rising Expectations & Challenges Islamic Banking and Shariah audit 3 rd Pakistan Internal
More informationOPTIMAL SHARIAH GOVERNANCE IN ISLAMIC FINANCE
OPTIMAL SHARIAH GOVERNANCE IN ISLAMIC FINANCE DR. AZNAN BIN HASAN Assistant Professor Islamic Law Department AHMAD IBRAHIM KULLIYYAH OF LAWS INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA haznan@iiu.edu.my
More informationC L A R I D E N 29 April 1 May 2013
C L A R I D E N 29 April 1 May 2013 Hotel Mulia Jakarta Knowledge for the world business leaders Indonesia Islamic Banking & Financing Seminar Gearing Towards The New Dynamics of Global Banking and Finance
More informationChallenges in Islamic Finance
Challenges in Islamic Finance Dr. Ahmet Sekreter Business and Management Department, Ishik University, Erbil, Iraq Email: ahmet.sekreter@ishik.edu.iq Abstract Doi:10.23918/icabep2018p29 The growth of Islamic
More informationTHEORY AND PRACTICE OF MODERN ISLAMIC FINANCE
THEORY AND PRACTICE OF MODERN ISLAMIC FINANCE THE CASE ANALYSIS FROM AUSTRALIA ABU UMAR FARUQ AHMAD BrownWalker Press Boca Raton TABLE OF CONTENTS About the Author What's in this Book Acknowledgements
More informationDr. Aznan Hasan, International Islamic University Malaysia
Dr. Aznan Hasan, International Islamic University Malaysia azan98@hotmail.com haznan@iiu.edu.my POINTS OF DISCUSSION Background of the issue IFSB Guiding Principles Some Points to ponders One tier or two
More informationth th July, 2018 Nairobi - Kenya
th th 27-28 July, 2018 Nairobi - Kenya www.alhudacibe.com CIBE ALHUDA CENTER OF ISLAMIC BANKING AND ECONOMICS AlHuda Center of Islamic Banking and Economics (CIBE) is a pioneer organization started its
More informationOverview of Islamic Banking & Islamic Finance in Morocco. Dr. Ahmed TAHIRI JOUTI
Overview of Islamic Banking & Islamic Finance in Morocco Dr. Ahmed TAHIRI JOUTI Overview of Islamic Banking & Islamic Finance in Morocco This presentation gives a general overview of the Moroccan experience
More informationProblems and Prospects of Islamic Capital Market In Bangladesh
ISSN: 2308-5096(P) ISSN 2311-620X (O) [International Journal of Ethics in Social Sciences Vol. 4, No. 2, December 2016] Problems and Prospects of Islamic Capital Market In Bangladesh Mohammad Aman Uddin
More informationSome Higher Education Issues in Muslim Countries with Islamic Economics as an Illustrative Case
Journal of Islamic Banking and Finance Oct Dec 2018 1 Some Higher Education Issues in Muslim Countries with Islamic Economics as an Illustrative Case Zubair Hasan The purpose of this paper is (i) to state
More informationLEGAL AND REGULATORY ISSUES AND CHALLENGES INHIBITING GLOBALIZATION OF ISLAMIC BANKING SYSTEM. Sekoni Abiola Muttalib 1,
Journal of Asian and African Social Science and Humanities, Vol. 1, No. 1, 2015, Pages 113-128 LEGAL AND REGULATORY ISSUES AND CHALLENGES INHIBITING GLOBALIZATION OF ISLAMIC BANKING SYSTEM Sekoni Abiola
More informationCall for Papers WORLD ISLAMIC FINANCE FORUM (WIFF) Innovation, Fintech and Regulation. Expanding Islamic Finance Footprint: CEIF
Call for Papers Expanding Islamic Footprint: Innovation, Fintech and Regulation 19-20 March 2018 In collaboration with LUMS and IN After experiencing stunning double digit growth figures for more than
More informationEnvironmental Disclosure of Islamic Financial Institutions (IFIs): Preliminary Evidence from Malaysia
Environmental Disclosure of Islamic Financial Institutions (IFIs): Preliminary Evidence from Malaysia Faizah Darus 1 Haslinda Yusoff 2 Nor Khadijah Mohd Azhari 3 1.2. Accounting Research Institute & Faculty
More informationDUBAI THE CAPITAL OF THE ISLAMIC ECONOMY
DUBAI THE CAPITAL OF THE ISLAMIC ECONOMY THE VISION The ecosystem of the Islamic economy harmonizes ethics with innovation, and combines real commitment with actual development objectives in order to meet
More informationLegal Aspects of Islamic Finance LCA4592 DR. ZULKIFLI HASAN
Legal Aspects of Islamic Finance LCA4592 DR. ZULKIFLI HASAN Contents Salient Features of the IBA The BAFIA and The CBA Shari ah ah Governance framework Related laws Section 3 (5) of the IBA (5) The Central
More informationMODERN TRENDS OF ECONOMIC DEVELOPMENT ALTERNATIVE BANKING SYSTEM FOR MUSLIM STATES MALAYSIA SHOWCASE
SPECIAL PROGRAMME Lomonosov Moscow State University 15 th September 2015 MODERN TRENDS OF ECONOMIC DEVELOPMENT ALTERNATIVE BANKING SYSTEM FOR MUSLIM STATES MALAYSIA SHOWCASE By: Haji Razli Ramli 1 2 What
More informationEMPIRICAL STUDY ON THE UNDERSTANDING OF SHARIAH REVIEW BY ISLAMIC BANKS IN MALAYSIA
EMPIRICAL STUDY ON THE UNDERSTANDING OF SHARIAH REVIEW BY ISLAMIC BANKS IN MALAYSIA Zariah Abu Samah&Rusni Hassan Abstract The key value proposition offered by Islamic banking and finance is an end-to-end
More informationISRA International Journal of Islamic Finance
ISRA International Journal of Islamic Finance Sharīʿah non-compliant assets as rahn (pledge) in Islamic banking products: a fiqhī perspective Lokmanulhakim Hussain, Mohammad Mahbubi Ali, Article information:
More informationINTERNATIONAL CHURCHES OF CHRIST A California Nonprofit Religious Corporation An Affiliation of Churches. Charter Affiliation Agreement
INTERNATIONAL CHURCHES OF CHRIST A California Nonprofit Religious Corporation An Affiliation of Churches Charter Affiliation Agreement I PARTIES This Charter Affiliation Agreement dated June 1, 2003 (the
More informationw w w.a ims.edu cation 1
1 Master Diploma in Islamic Finance Program Structure: MDIF is a two part program, and courses are divided into two semesters. Certified Islamic Finance Expert (CIFE) is awarded on completion of Semester-I
More informationFAQ. Who are the Islamic POs?
The world s first end-to-end Shariah investing platform F What is Bursa Malaysia-i? Bursa Malaysia-i is a fully integrated Islamic securities exchange platform with a comprehensive range of exchangerelated
More informationProgram Brochure CIFE. Certified Islamic Finance Expert. Develope Your Skills & Become an Expert in Islamic Finance.
Program Brochure CIFE Certified Islamic Finance Expert Develope Your Skills & Become an Expert in Islamic Finance www.aims.education About CIFE Certified Islamic Finance Expert (CIFE) is a globally recognized
More informationPostal Address : Faculty of Shari ah and Law Islamic Science University of Malaysia Bandar Putra Nilai 71800, Nilai Negeri Sembilan Malaysia
Full name : DR. ZULKIFLI BIN HASAN Postal Address : Faculty of Shari ah and Law Islamic Science University of Malaysia Bandar Putra Nilai 71800, Nilai Negeri Sembilan Malaysia Telephone : +606-7988455/
More information