Usage of Islamic finance products in the global financial system is progressing rapidly. The Islamic banks are offering an expanding range of services and products to corporate. This workshop provides financial managers an overview of how Islamic banking products can be considered as an alternative to conventional banking products. finance. It explains the structure, and use of the Islamic banking products in the areas of trade finance, working capital finance, loan syndication, guarantees, letter of credit, etc.
As the global economies recover, the size of global Islamic banking assets is projected to be USD2.44 trillion by 2024. Contrary to popular belief, this growth is not limited to the middle east and southeast Asia region. Islamic banking products have seen rapid expansion in USA as well as Europe. Large banks and fund managers have started providing Islamic finance-based solutions. Interestingly, demand for such products is not limited by religious faith as they provide an alternative risk-return framework.
The worry has always been how to understand basics of Islamic finance from pure banking point of view. One need to have the knowledge of not only functioning and structure of Islamic banking products, but also how they compare with mainstream banking. Their impact on accounting and risk management are also two major sources of concern.
This workshop addresses these concerns. You will be taken through an overview of Islamic finance before focusing Islamic banking and products. You will develop an understanding of the products, their accounting aspect, how they influence risk management process, and how they are different from a mainstream banking product.
In addition to knowledge, you will also be awarded 18 CPE credits recognised by NASBA which endorses the quality process behind the workshop.
Look forward to seeing you in Kuala Lumpur, alternatively join us Live Via ZOOM!
WHO SHOULD ATTEND
The workshop will be useful for anyone who has an interest in Islamic banking and finance. Apart from executives of Islamic banks, this course will be useful for finance officers, treasury managers, financial controllers, and others working in organisations having interaction with Islamic banks. Executives in audit firms and risk management service providers will also benefit from the session.