Corporate governance in Islamic Banking and Finance
INTRODUCTION
The statutory corporate governance in Islam witnesses Islamic financial institutions abiding by a set of rules called Islamic law or Shariah. The Shariah governs the bank s operations and transactions in accordance with Islamic principles derived from the Quran and Hadith. It needs to be reiterated here that Shariah in Islamic banking has a crucial role not only in governing bank transactions and operations but also in monitoring and supervising the roles of all players within the banking system.
In order to respond to the growing need for capacity building in the Islamic Banking and Finance industry, LPC training offers a short training programme for professionals in the banking and finance sector.
Corporate Governance in Islamic Banking and Finance The training programme is conducted under capacity building with its aim to contribute to the development of institutional capacity within the various segments of Islamic finance. It will facilitate further development of Islamic finance as well as deepen participants/institutions knowledge and skills in the respective area.
OBJECTIVES
By the end of this Corporate Governance in Islamic Banking and Finance training course, participants will be able to:
Use the financial tools and techniques necessary to create corporate value and shareholder value
Understand the tools & techniques in Islamic banking and finance
Understand the essential Investment Vehicles and structure of Islamic financial services
Identify the working of the Shariah control and compliance systems in an Islamic Financial Institution
Evaluate the impact of alternative capital structures
Develop long-term economic planning models and strategies
Manage Financial Risk
Understanding the importance and relevance of corporate governance standards for Islamic Financial Institutions
WHO SHOULD ATTEND ?
Corporate Governance in Islamic Banking and Finance Training course, is ideal for :
All those employed in banking and financial services;
All professionals having financial, project management, planning, treasury, and cash management responsibilities;
All senior and director level managers, and any financial and non-financial professionals that need or wish to learn more about the management of corporate and Islamic finance, and corporate governance.
COURSE OUTLINE
Day 1
The Framework of Corporate Finance & Capital Investment
Corporate Finance and its Importance
The Financial Statements What do they tell us about financing?
Long-term & Short-term Financing
Cost of Equity, Cost of Debt and the Weighted Average Cost of Capital Capital Structure Models
Future Values, Present Values and Discounted Cash Flow (DCF) Capital Investment Appraisal Techniques
Capital Budgeting, Capital Rationing and the Profitability Index (PI)
Day 2
Overview of Islamic Banking & Finance
The Growth of the Islamic Finance Industry
Fundamentals of Islamic Banking and Finance
Shariah and Fiqh Principles
Takaful And Islamic Wealth Management
Islamic Banking Financial Instruments
Islamic Investment, especially Sukuks
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Regulatory Environment of Islamic Banking
The Global Standing of the Islamic Capital Market
Day 3
Sharia 'a Fundamentals in Islamic Banking
Definition of Sharia a and Its Salient Characteristics
Sources of Sharia a
Ethics in Sharia'a - Compliant Business and Finance
Major Sharia a Prohibitions and Principles and their Implications
Shariah Compliance Risks in Islamic Banking
Sharia a Supervisory Board (SSB)
Corporate and Sharia a Governance
Shariah Audit and Legal Issues in Islamic Finance
Day 4
Financial Planning and Financial Risk in Islamic Financial Services
Long-term Financial Plans to Determine Funding Requirements
Financial Techniques Applied by Islamic Banks
Financial Planning Models
Identify Types of Risk in Your Organization
Credit Risk in Islamic Banking and Finance
Liquidity Risk in Islamic Financial Products
Financial Risk Management and Behavioural Finance
Risk Management Process in Islamic Financial Services
Day 5
Corporate Governance in Islamic banking
Elements of Corporate Governance in Islamic Banking
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Governance Structures
Responsibilities of the Board of Directors and the Role of Non-executive Disclosure and Transparency
The roles of Auditors and Directors
The Need for Corporate Governance and Corporate Social Responsibility (CSR)
Nomination, Remuneration and Internal Audit Committees
Corporate Governance Reporting in The Annual Report and Accounts
Design Report
Design Evaluations and Assessments
IN-HOUSE TRAINING
LPC Training is capable of conducting this training programme exclusively for your delegates. Please e-mail us on admin@lpcentre.com for further information and/or to receive a comprehensive proposal.
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DOCUMENTATION
LONDON
Oxford Street Offices:
London - Oxford Street
High-Quality material has been prepared by the LPC team for distribution to delegates. In addition, a special note pad to facilitate note-taking will be provided.
25 N Row, London W1K 6DJ
+44 (0) 20 36 916 970
CERTIFICATES
West London Office: 47 49 Park Royal Road
London NW10 7LQ
Accredited Certificate of completion will be issued to those who attend & successfully complete the programme.
SCHEDULE
Our Course timings commence at 09:00 and conclude at 13:00.
REGISTRATION & PAYMENT
+44 (0) 20 80 900 464
info@lpcentre.com
DUBAI Business Bay - Marasi Drive
Churchill Tower commercial 1, Office 107
+971 4 421 4616
Please complete the registration form on the course page & return it to us indicating your preferred mode of payment. For Further Information, please get in touch with us.
KUALA LUMPUR
CANCELLATION AND REFUND POLICY
Delegates have 14 days from the date of booking to cancel and receive a full refund or transfer to another date free of charge. If less than 14 days notice is given then we will be unable to refund or cancel the booking unless on medical grounds.
For more details about the Cancellation and Refund policy, please visit www.lpcentre.com/terms-and-conditions/
TRAVEL AND TRANSPORT
No. 03-06-05, UOA Business Park, Jalan Pengaturcara U1/51A, Section U1, Kawasan Perindustrian Temasaya, 40150 Shah Alam, Selangor
+60 19-305 5694
We are committed to picking up and dropping off the participants from the airport to the hotel and back.
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