Seminars Organization Trainings/Seminars Title and Duration, please select the suitable by marking (x): No. Title Duration Hours Selection Exam. Yes No 1 The General Islamic Banking 3 days 15 hours 2 The Islamic Transactions Structure 3 days 15 hours 3 The Islamic International Trade Finance 4 The Islamic Documentation Structure 5 The Islamic Syndication Structure 6 Islamic Treasury Back Office Operation 7 Islamic Consumer Finance Transactions Process 8 Advanced Islamic Banking for Corporate Finance ** 4 days 20 hours 5 days 25 hours 4 days 20 hours 3 days 15 hours 3 days 15 hours 3 days 15 hours **Special Offering as required by the Islamic Bank. 1
Programs Timings with Three Options, please select the suitable by marking (x): No Hours Total Breaks Remarks Selection From To Hours 1 8:00 14:00 5 2 Coffee & Prayer each 30 minutes 2 8:00 17:00 7 ½ 2 Coffee & Prayer each 15 minutes & 1 hour for lunch. 3 17:00 21:00 3 ½ 1 Coffee & Prayer for 30 minutes 1 week prior notice. 1 week prior notice. 1 week prior notice. 4 Your choice Prerequisites Introduction to Islamic Banking or the relevant banking experience. Teaching Methodology & Structure All seminars/workshops will be conducted using a variety of learning aids including Power Point/PDF Slides presentation, Lectures, Group Discussions & Problem Solving Sessions, Case Studies, Quizzes and workshop to illustrate clearly the key points to be learned by the participants. Languages English and some of the Fatwa in Arabic with English translation. 2
Seminars Outlines & Contents 1. General Islamic Banking Seminar Introduction The 15 hours program will cover: 1. The historical information and background of Islamic Banking. 2. Shari a basis & Scheme of Shari a Laws. 3. General Principles of Islamic Banking System IBS. 4. Problems Faced by the Islamic Banks 5. Basic differences between Islamic Banks and Conventional Banks. 6. Glossary terms / terminologies of Islamic banks. 7. Definition & type of Islamic Mode of Finance. 8. Translation of Islamic Mode of Finance into Credit Application and Terms sheet used by the Islamic bank. 9. Difference between Islamic versus Conventional banks in terms of definitions of products & treatment of accounting and books. 10. The rules of contracts (The SIX Cs ). Explain the Fatwas & AAOIFI standards relating to Islamic Finance. Objectives On completion of this program participants will be expected to understand the history of Islamic banking, development of Islamic banking system, Islamic scheme of life and Shari a framework, Islam imposes its "ahkam" (laws), Shari a basis of Islamic banking laws and Islamic Jurisprudence. Who should attend the seminar? This is an introduction to Islamic Banking training program designed to give delegates a detailed history understanding of Islamic Banking. The training program is one of the very few events focusing exclusively on the 3
1. General Islamic Banking Seminar history, definition of 6 Islamic Financing Products and the translation of those products into a term sheets Credit Application used by any bank. The course is a must-attend for players who have joined Islamic bank come from the conventional bank and lacking the basic knowledge of Islamic banking. The seminar is specifically targeted at: Front Lines staff Corporate and Commercial Bankers Analysts Government officials Regulators Credit & Marketing Officers, Auditors & Legal Affairs Managers, Officers and staff working in Credit administration, Staff working in Shari a Department. Officers & Staff in Banking Operations & Middle Office, Beginners & Bankers, whom their bank willing to convert to Islamic Window/Bank. Universities Students and Professionals who needs to study or write about Islamic Banking. END 4
2. Islamic Transactions Structure Seminar Introduction This three-day (15 hours) intensive course will explain the structure of Islamic Financing Transactions, definitions, Shari a aspects and work process. We will also expand our cycle in the Islamic Products mechanism with special emphasis the structure of transactions, practical steps process by the Islamic bank, Shari a standards, responsibilities of parties i.e. buyer seller & lessor lessee etc.. The participants will also understand the Islamic Financing Requirements with special emphasis on the structure of the Islamic Financing Transactions. Objectives This course focuses on the structuring of transactions and provides the delegate with the Shari a concept of Islamic structuring for their clients' requirements. The delegate will be able to identify the risks involved for the transaction structure from the Shari a principles and how to mitigate these risks through compliance with the Shari a rules. On completion of this program participants will be expected to understand the Shari a Law & Business in terms of how to handle the structure of each transaction concentrating on translate each product into a facility terms sheet. Program Contents During the period of the course we intend to cover the following topics: 1. The Islamic Banking; definitions and background. Shari a basis & Scheme of Shari a Laws. General Principles of Islamic Banking System IBS. 2. Shari a is the better way to bank Examples of Riba Transactions, requirements of valid sale contract. 5
2. Islamic Transactions Structure Seminar 3. Glossary terms / terminologies of Islamic banks. 4. The definitions, structure, Shari a aspects and operation of six products for Islamic Mode of Finance such as Mudaraba, Murabaha (Business Murabaha), Musharaka, Ijara & Ijara Wa Iqtina (Operational & Financial), Bai Al Salam and Istisna'a. We will also review Tawarruq finance transaction process by the Islamic Bank. 5. The Practical Steps for Islamic Transactions Structure. 6. The client's requirements & transactions structuring process by the Islamic Bank. 7. Explain the FATWA's issued by the Religious Supervisory Board of the bank "Shamil Bank" in respect of Islamic structure transactions. 8. Explain some Shari a Standards AAOIFI related to structure of transactions. 9. Translation of Islamic Mode of Finance into terms sheet used by the Islamic bank. 10. The basic blocks for the Islamic Finance structure transactions. 11. The difference between Islamic versus Conventional banks in terms of definitions of products & structuring of transactions. 12. The rules of contracts (The SIX Cs ) for the Islamic Transaction Structure. Who should attend the course? This training programme designed to give delegates a detailed understanding of Islamic Finance transactions. The course is one of the very few events focusing exclusively on the Islamic transactions structure who will benefit & expand knowledge of professionals already involved with Islamic finance transactions. The course will present practical ways for senior officers working in the 6
2. Islamic Transactions Structure Seminar below mentioned areas and I expect participants to have a good knowledge or background in the various areas stipulated above: The course is specifically targeted at: Corporate and Commercial Bankers Investment Bankers Central bankers Analysts Government officials Regulators Credit & Marketing Officers and Front Line staff, Compliance professionals, Auditors & Legal Affaires Managers, Operational Risk Officers and staff working in Credit administration, Staff working in Shari a Department. Officers & Staff in Banking Operations & Middle Office, Bankers, whom their bank willing to convert to Islamic Window/Bank. Universities Students and Professionals who needs to study or write about Islamic Banking. END 7
3. Islamic International Trade Finance Seminar Introduction This four-day (20 hours) intensive program will cover: 1. Basic Introduction to Definition of Islamic Finance Products, 2. Islamic Banking Related to Trade Finance such as Contract Al Wakalah/Agency, Letter of Guarantees, comparisons between Islamic versus conventional products, 3. Credit Application with terms for each facilities, 4. All type of Letters of Credit and the way of handling the same by the Islamic Bank, definitions, requirements, structure and process mechanism, common discrepancies and calculation of commission and charges, 5. Recording of the Islamic Accounting Entries, delay compensation for late payment, early settlement with cash gift and charge of break cost and, 6. FATWA's issued by the Religious Supervisory Board of the "Shamil Bank". 7. Explain some Shari a Standards AAOIFI Rules for Islamic Banks related to Trade Finance. Objectives The course will cover definition and type of all Letters of Credit and the actual practice for booking the Islamic Accounting Entries for Financing Transactions such as Murabaha, Musharaka, Ijara Wa Iqtina, Month-end Accruals of Profit. Recoveries and recovery of Installments with delay compensation for late payment, Prepayment of Installment Mechanism and calculation of Profit with refund of cash gift to client against charge of break-cost. 8
3. Islamic International Trade Finance Seminar On completion of this program participants will be expected to be able to identify the risks involved in such Islamic Financing and how to mitigate these risks through the use of Letter of Credit and compliance with the UCP rules. Understand the required shipping documents under the Islamic Mode of Finance such as Murabaha Letter of Credit. The program introduces participants to the Shari a concept of Islamic structuring for their clients' credit facilities and will have developed an understanding of the accounting techniques. Program Contents: 1. Islamic Banking Related to Trade Finance. 2. Letter of Credit and associated to Islamic Products with definitions and features. 3. Letter of Guarantees definition and type of guarantee. 4. Features of Al-Wakalah "Agency". General Principles of Islamic Banking. 5. Comparisons between Financing by Islamic Bank versus Conventional and Type of Financing Documents. 6. The Credit Application for Credit Proposals. Credit Facilities Structuring. 7. Terms & Condition for each financing facility. Explain the Fatwas with English translation. Explain some Shari a Standards AAOIFI Rules for Islamic Banks related to Trade Finance. 8. Definitions & Type of Letters of Credit {Seller & Buyer}. Irrevocable Letters of Credit. Confirmed Irrevocable Letters of Credit. Transferable and Red Clause. Requirements under Letters of Credit. Time for Payment under Letters of Credit. Fatwa for Red Clause Letter of Credit. 9
3. Islamic International Trade Finance Seminar 9. The Process Mechanism of Letters of Credit: Straight Letter of Credit. Back-to-Back Letter of Credit. Rules of Issuing Bank prior accepting Back-to-Back L/C. Definitions of Trade Terms and responsibilities of Buyer versus Seller. Definitions of UCP Articles relating to Islamic Transactions. 10. Guidelines to Checking Documents under Letters of Credit. Most Common Discrepancies in International Trade Finance. Check-lists for Letter of Credit Application. Identifying discrepancies in the Murabaha L/C. Definitions of the Discrepancies. Identifying the responsibilities against the Trade Terms. 11. Comparison between LC & Collections Documents. 12. Discrepant Documents and Islamic Bank Responses with parties. 13. Other Matters; Cancellation of LC, Shipping Guarantee & Goods defect. 14. Commission / Charges & Type of Reimbursement Clauses. Calculation of L/C commission by Conventional banks versus Islamic. 15. Negotiation of Documents. 16. Review of LC Application, Swift message of LC Opening MT700. Review of Shipping Documents. 17. Islamic Accounting Entries for L/C transactions & Calculations Illustrative Example of Murabaha Financed L/C}: Issuance of L/C, Amendment under L/C, Negotiation of Documents & Reimbursement, Calculation of Murabaha profit & end-of-month accruals of profits, Recovery of Murabaha, Recovery of Murabaha with delay compensation, Pre-payment of Murabaha Installments. New booking of Entries for Lease and Musharaka. End-of-month accruals. Recovery of Lease/Musharaka Installment. 18. Real Case Study "Murabaha L/C Transaction" Preparation of External Purchase Order Application & Identifying Discrepancies in the Shipping Documents. 10
3. Islamic International Trade Finance Seminar 19. Case Studies 1, 2 and 3 Preparation & working in group. Identification the discrepancies in the shipping documents. Definitions of the Discrepancies. Identify the responsibilities of parties Buyer versus Seller. Who should attend the seminar? This is a comprehensive training programme designed to give delegates a detailed understanding of Islamic Trade Finance. The seminar is one of the very few events focusing exclusively on the Islamic Trade Finance and is a must-attend for players across the entire trade finance field spectrum including both Islamic and conventional banks. The programme will benefit professionals already involved with Islamic trade finance, as well as those new to the market. The seminar will present practical ways for senior officers working in the below mentioned areas and I expect participants to have a good knowledge or background in the various areas stipulated above: The seminar is specifically targeted at: Corporate and Commercial Bankers Analysts Government officials Regulators Credit & Marketing Officers and Front Line staff, Compliance professionals, Auditors & Legal Affaires Managers, Operational Risk Officers and staff working in Credit administration, Staff working in Shari a Department. Trade Finance Officers & Staff in Banking Operations & Middle Office, 11
3. Islamic International Trade Finance Seminar Bankers, whom their bank willing to convert to Islamic Window/Bank. Universities Students and Professionals who needs to study or write about Islamic Banking. END 12
4. Islamic Documentation Structure Workshop Introduction This five-day (25 hours) intensive seminar will explain the type of Islamic Financing Products, definitions, Shari a aspects and work process. We will also expand our cycle in the Islamic Products mechanism with special emphasis the structure of facilities, documentation and operation. The participants will also understand the Islamic Financing Requirements for contract business with special emphasis on the preparation and execution of the Islamic Documentation. Objectives This unique training workshop addresses the fundamental causes of compliance while preparing the documentation and provides the delegate with the Shari a concept of Islamic structuring covering the security documents for their clients' credit. The delegate will be able to identify the risks involved if the documents not prepared properly from the legal point for such Islamic Financing and how to mitigate these risks through obtaining proper documentation for the financing transaction. On completion of this program participants will be expected to understand the required Security Documentation to secure the bank interest against the financing facility granted to the client as per the approved terms and conditions by the bank. Also suggest to the Business Unit(s) what would be the required documents for the Islamic Financing Product(s). Program Contents During the period of the seminar we intend to cover the following topics: 13
4. Islamic Documentation Structure Workshop 1. The type, definitions, Shari a aspects and operation of six products for Islamic Mode of Finance such as Mudaraba, Murabaha (Business Murabaha), Musharaka, Ijara & Ijara Wa Iqtina (Operational & Financial), Bai Al Salam and Istisna'a. 2. Tawarruq finance transaction process by the Islamic Bank. 3. The Practical Steps for Islamic Financing Products. 4. The Credit Proposal, Approval & Disbursement Process. 5. The preparation of Security Documentation and execution of the same by both parties [bank versus client] until release of facilities to Operations Division for availment by the client. 6. The client's requirements & transactions structuring process by the Islamic Bank. 7. Explain the FATWA's issued by the Religious Supervisory Board of the bank "Shamil Bank" in respect of handling Islamic Products and implementation of the same by operation division in the bank. 8. Explain some Shari a Standards AAOIFI related to documentary credits. 9. A General Guidelines on Process of Handling Transactions by Islamic Bank. Bank's Policy & Procedure Compliance. 10. The Documentation Work-shop will commence on the fourth day and till the last day of the course. Who should attend the seminar? This is a comprehensive training programme designed to give delegates a detailed understanding of Islamic Finance. The seminar is one of the very few events focusing exclusively on the Islamic Finance and is a must-attend for players across the entire finance field spectrum including both Islamic and conventional banks and project financiers. The programme will benefit professionals already involved with Islamic finance, as well as those new to the market. 14
4. Islamic Documentation Structure Workshop The seminar will present practical ways for senior officers working in the below mentioned areas and I expect participants to have a good knowledge or background in the various areas stipulated above: The seminar is specifically targeted at: Corporate and Commercial Bankers Investment Bankers Central bankers Analysts Government officials Regulators Credit & Marketing Officers and Front Line staff, Compliance professionals, Auditors & Legal Affaires Managers, Operational Risk Officers and staff working in Credit administration, Staff working in Shari a Department. Officers & Staff in Banking Operations & Middle Office, Bankers, whom their bank willing to convert to Islamic Window/Bank. Universities Students and Professionals who needs to study or write about Islamic Banking. END 15
5. Islamic Syndication Structure Seminar Objectives This seminar introduces participants to the concept of structuring their clients credit facilities to meet specific needs. This unique training workshop addresses the fundamental causes of compliance while structuring syndicated facilities and preparing the documentation to provides the delegate with the Shari a concept of Islamic structuring covering the security documents. Will enable the participants to recognize and suggest appropriate structures for clients credit requirements. Understand the steps handled by the Islamic Bank for processing the syndication transaction and the required Security Documentation to secure the participant banks interest. Program Contents This four-day (20 hours) intensive program will cover the following topics: 1. Basic Introduction to the six products for Islamic Mode of Finance such as Mudaraba, Murabaha, Musharaka, Ijara & Ijara Wa Iqtina (Operational & Financial), Bai Al Salam and Istisna'a. 2. The Financing Syndicated Documentation; definition, features, parties, amount, currency, purpose, term/maturity, repayment, pricing/rate fixing, documentation/security, sources/availability and example of use. 3. Comparisons of Syndicated Transaction between Islamic versus conventional bank. 4. The Credit Application for structuring of the Syndicated Financing Facility. 5. The Program introduces participants to the Shari a concept of Islamic syndicated structuring for their clients' credit facility. 16
5. Islamic Syndication Structure Seminar 6. The preparation of Syndicated Documentation and execution of the same by both parties [bank/participants versus client] until release of facilities and disbursement of fund by the Operations Division. 7. Explain the FATWA's in respect of Syndication Transaction issued by the Religious Supervisory Board of the bank "Shamil Bank". 8. Review the Shari a Standards AAOIFI Rules for Islamic Banks related to Syndicated Financing Transaction. Who should attend the seminar? This workshop will present practical ways for those seniors involved in the areas of Credit & Marketing, Risk Management, Syndication Dept, Operations, Audit, Legal Affairs and Middle Office. The delegate will be able to identify the risks involved if the documents not prepared properly from the legal point for such Islamic Financing and how to mitigate these risks through obtaining proper documentation for the syndication transaction. The seminar will present practical ways for senior officers working in the below mentioned areas and I expect participants to have a good knowledge or background in the various areas stipulated above: The seminar is specifically targeted at: Corporate and Commercial Bankers Analysts Syndication Agency Dept. Government Officials Regulators Credit & Marketing Officers and Front Line staff, Compliance professionals, Auditors & Legal Affairs Managers, Operational Risk Officers and staff working in Credit administration, 17
5. Islamic Syndication Structure Seminar Staff working in Shari a Department. Officers & Staff in Banking Operations & Middle Office, Bankers, whom their bank willing to convert to Islamic Window/Bank. END 18
6. Islamic Treasury Back Office Operation Seminar for Commodity Murabaha, Foreign Exchange & Remittances. Introduction This 15 hours program will cover: Commodity Murabaha is one of the most commonly used products in Islamic banking for liquidity management. It involves the purchase and sale of metals mainly through the London Metal Exchange (LME). All traded commodities should comply with Shari a requirements. Commodity Murabaha is an Islamic Bank invest fund on deferred payment for future return with other financial institution through buy & sell of Shari'a compliant commodity such as Platinum, Palladium, Metal, Copper Grade, Aluminum etc, or any acceptable commodity from Shari'a point view. The Foreign Exchange transaction is another type the Islamic Bank handles to cover their nostro accounts for their needs plus coverage for payment under the international trade finance. The procedures for this type of transactions shall comply with the Shari'a principles and directives of Shari'a supervisory board of the bank. Fund Transfers and Receipts; Operations is also involved in a remittances of payments and receipts, through a range of different channels, every day. The Islamic Bank uses SWIFT as its primary medium for fund transfers, however, in certain circumstances payments 19
6. Islamic Treasury Back Office Operation Seminar for Commodity Murabaha, Foreign Exchange & Remittances. may be made through bank transfers or cheques. The Bank receives funds mainly through bank transfers and by cheque. Objectives This course focuses on the structuring of Commodity Murabaha & Foreign Exchange Transactions which will provides the participants with the Shari a concept of Islamic structuring and operation process by the Islamic Bank. The delegate will be able to identify the risks if the transaction is not accommodated in a timely manner with the account party as per the Shari a principles and how to mitigate these risks through compliance with the Shari a rules. Program Contents During the period of the course we intend to cover the following topics: 1. The Islamic Banking; Introduction & General Principles of Islamic Banking. Shari a Basis & Compliance. Basic Blocks of Islamic Finance. Islamic Finance Contracts & Prohibition of Interest. 2. Involvement of Treasury Back-office by providing backend operations support to Treasury Unit for money market & treasury products such as Commodity Murabaha, Foreign Exchange and Remittances transactions as Back-office Treasury Operation. 20
6. Islamic Treasury Back Office Operation Seminar for Commodity Murabaha, Foreign Exchange & Remittances. 3. Processing of Murabaha, Reverse Murabaha, Wekala, and Foreign Exchange deal tickets originated from the Dealing Room, 4. Execution of Commodity Murabaha schedules, 5. Execution all types of remittances / payments in a timely manner. 6. Monitoring daily positions of bank s Nostros. 7. Safe custody of documents. Who should attend the seminar? This is an operational Islamic Banking training program designed to give delegates how the Islamic Bank handles the process of back office operation. The training program is one of the very few events focusing exclusively on the reality operation process of the treasury back office. The program will present practical ways for joiner staff and senior officers working in the below mentioned areas. The seminar is specifically targeted at: Treasury Front Lines staff Treasury Back-office staff Staff working in Financial Institutions Staff working in Middle Office Credit & Marketing Officers Auditors Officers and staff working in Operation Division Staff working in Shari a Department. 21
6. Islamic Treasury Back Office Operation Seminar for Commodity Murabaha, Foreign Exchange & Remittances. Beginners & Bankers, whom their bank willing to convert to Islamic Window/Bank. Universities Students and Professionals who needs to study or write about Islamic Banking. END 22
دورة عن تطبيقات عمليات التمويل اإلسالمي لإلفراد/المستهلكين 7. Islamic Consumer Finance Transactions Process Course Introduction This is 3 days of 15 hours program will cover: Definition & Development of Islamic Banking. Shari a basis & Scheme of Shari a Laws. General Principles of Islamic Banking System IBS. Examples of transactions in unethical goods and services. Examples of Riba transactions and forbidden (Haram) Projects. Requirements & conditions of Valid Sale Contract. Wakalah Contract & features Glossary terms / terminologies of Islamic banks. Definition & type of Islamic Mode of Finance for Retail (Consumer Finance). Translation of Islamic Mode of Finance into a Terms sheet used by the Islamic bank. Definition of Consumer Finance Customer. Identify the needs? Explain to him/her the products suitable for his/her needs/item/project, then select the appropriate type of finance. Assess the requirements; crunch the numbers, how much he/she needs?, is the amount sufficient? Determine the customer financial capacity??, has he/she sufficient resources of income to repay the finance..etc? 23
دورة عن تطبيقات عمليات التمويل اإلسالمي لإلفراد/المستهلكين 7. Islamic Consumer Finance Transactions Process Course Policy & Procedure (Criteria) for Consumer Finance Customers. Practical Steps for transactions process under consumer finance to comply with Shari a principles in terms of structure, documents required and steps. The basic blocks of the Islamic Finance, Shari a the better way to bank, type of Islamic Financing Products, definitions, Shari a aspects and work process. We will also expand our cycle in the Islamic Products mechanism with special emphasis the structure of each facility. The participants will understand the difference between Islamic versus Conventional banks in terms of definitions of products & treatment of transactions processes. The rules of contracts (The SIX Cs ). Explain the Fatwas & AAOIFI standards relating to Islamic Finance. Objectives On completion of this program participants will be expected to understand the practical ways for those staff responsible for consumer finance and how to handle the retail consumer finance transactions from the time requests by the client till final repayment or default for any reason. They will also understand the system & development of Islamic banking, Islamic scheme of life and Shari a framework, Islam imposes its "ahkam" (laws), Shari a basis of Islamic banking laws and Islamic Jurisprudence. 24
دورة عن تطبيقات عمليات التمويل اإلسالمي لإلفراد/المستهلكين 7. Islamic Consumer Finance Transactions Process Course The delegate will understand the basic requirements by Islamic banks particularly Shari a aspects versus bank requirements and the basic differences between Islamic Bank and Conventional Bank. Program Contents During the course participants will be guided through the following important situations and upon completion will be able to understand the practical ways practiced by Islamic Bank for Retail Consumer Finance Transactions Process: 1. The definition & development of Islamic Banking. 2. The type, definitions, Shari a aspects and operation of five (5) most prevalent for Islamic Consumer Finance Products such as: Murabaha, Musharaka, Ijara & Ijara Wa Iqtina (Operational & Financial), Istisna'a and Tawarruq. 3. Translation of Islamic Mode of Finance into a Terms Sheet - Facility Documentation - Credit Facilities Structuring - Terms & condition for each facility. The Approval Process by the Islamic Bank. 4. Definition of Consumer Finance Customer. Identify the needs? Explain to him/her the products suitable for his/her needs/item/project, then select the appropriate type of finance. Assess the requirements; crunch the numbers, how much he/she needs? is the amount sufficient? determine the customer financial capacity?? has he/she sufficient resources of income to repay the finance..etc? 25
دورة عن تطبيقات عمليات التمويل اإلسالمي لإلفراد/المستهلكين 7. Islamic Consumer Finance Transactions Process Course 5. Explain the FATWA's issued by the Religious Supervisory Board of the bank "Ithmaar Bank" in respect of handling Islamic Products and implementation of the same by operation division in the bank. 6. Explain some Shari a Standards AAOIFI related to Islamic Finance. 7. The difference between Islamic versus Conventional bank in terms of definitions of products. 8. Policy & Procedure (Criteria) for Retail Consumer Finance Customers. 9. Practical Steps for transactions process to comply with Shari a principles in terms of structure and documents required. Who should attend the seminar? This course intended for Retail (Consumer) Finance Clients. The program designed to give delegates a detailed understanding of a Retail (Consumer) Finance Transactions Process. The training program is one of the very few events focusing exclusively on the definition of 5 Islamic Financing Products and the translation of those products into a term sheets used by the Islamic bank. The course is a must-attend for players who have joined Islamic bank needs improve their understanding in this field or come from the conventional bank and lacking the basic knowledge of Islamic banking in particular the Retail Consumer. 26
دورة عن تطبيقات عمليات التمويل اإلسالمي لإلفراد/المستهلكين 7. Islamic Consumer Finance Transactions Process Course The course will present practical ways for joiner staff and senior officers working in the below mentioned areas. The course is specifically targeted at: Front Lines staff Retail (Consumer) Finance Staff in Commercial Banks. Regulators Credit & Marketing Officers, Auditors & Legal Affairs Staff to understand the process. Officers and staff working in Credit administration, Staff working in Shari a Department. Officers & Staff in Banking Operations & Middle Office, Beginners & Bankers, whom their bank willing to convert to Islamic Window/Bank. Universities Students and Professionals who needs to study or write about Islamic Banking. END 27
8. Advanced Islamic Banking For Corporate Finance Seminar Introduction This 15 hours intensive program will cover: The historical information of Islamic Banking. Shari a is a better way to banking... Basic differences between Islamic Banks and Conventional Banks. Basic Introduction to Islamic Mode of Finance (6 Products). Translation of Islamic Mode of Finance into Credit Application/terms sheet used by the Islamic bank. The Credit Application for structuring of Islamic Financing Facilities. The Security Documentation Support for Islamic Financing Facilities. The client's requirements & transactions structuring process by the Islamic Bank. Islamic International Trade Finance such as Contract Al Wakalah/Agency, comparisons between Islamic versus conventional products. FATWA's issued by the Religious Supervisory Board of the "Shamil Bank". Explain some Shari a Standards AAOIFI Rules for Islamic Banks related to Corporate Finance. A General Guidelines on Approval Process of Transactions by Islamic Bank. 28
8. Advanced Islamic Banking For Corporate Finance Seminar Objectives This unique intensive training seminar addresses the fundamental causes of compliance to the concept of structuring clients credit facilities to meet their financing needs and provides the delegate with the Shari a concept of Islamic structuring covering the security documents for their clients' credit. The delegate will be able to identify the risks involved in the transactions structuring for such Islamic Financing and how to mitigate these risks through obtaining proper supported security documentation for the financing transactions. Program Contents During the period of the seminar we intend to cover the following topics: 1. The history of Islamic Banking. 2. The basic introduction of six products for Islamic Mode of Finance such as Mudaraba, Murabaha (Business Murabaha), Musharaka, Ijara & Ijara Wa Iqtina (Operational & Financial), Bai Al Salam and Istisna'a. 3. The Credit Application/Terms Sheet for the financing facilities including trade & syndication along-with Security Documentation for each facility. 4. The client's requirements & transactions structuring process by the Islamic Bank. 5. Explain the FATWA's issued by the Religious Supervisory Board of the bank "Shamil Bank" in respect of handling Islamic Products. 29
8. Advanced Islamic Banking For Corporate Finance Seminar 6. Highlight some Shari a Standards AAOIFI related to corporate finance. 7. A General Guidelines on Approval Process of Transactions by Islamic Bank. Who should attend the seminar? This is an advanced training programme designed to give delegates a detailed understanding of Islamic Finance Requirements & Structuring. The seminar is one of the very few events focusing exclusively on the Islamic Finance and is a must-attend for players across the entire finance field spectrum including both Islamic and conventional banks and project financiers. The programme will benefit professionals already involved with Islamic finance, as well as those new to the market. The seminar will present practical ways for senior officers working in the below mentioned areas and I expect participants to have a good knowledge & experience in the various areas stipulated above: The seminar is specifically targeted at: Corporate and Commercial Bankers Investment Bankers Central bankers Analysts Government officials Regulators Credit & Marketing Officers and Front Line staff, Compliance professionals, Auditors & Legal Affaires Managers, 30
8. Advanced Islamic Banking For Corporate Finance Seminar Operational Risk Officers and staff working in Credit administration, Staff working in Shari a Department. Officers & Staff in Banking Operations & Middle Office, Bankers, whom their bank willing to convert to Islamic Window/Bank. Universities Students and Professionals who needs to study or write about Islamic Banking END 31