Islamic Finance Corporate Trainings


The market of Islamic banking and Islamic insurance products have been increased vigorously for past few years. Large numbers of organizations require qualified human resources for the proper execution of Islamic Financial system within their institutions. This objective could be achieved through the Islamic Finance Corporate Trainings designed by AIMS.

Why Choose AIMS?

AIMS has earned its strong academic reputation in Islamic Banking and Finance sector since its founding in 2005. We have upheld a rigorous commitment to the skilled professional development in Islamic Finance sector. So far, large number of organizations have fulfilled their skilled human resources requirement through AIMS’ Islamic Finance Corporate Training programs.

  • Most of the lectures in our trainings are presented in combination with case studies. This allows the participants to understand the subject with proficiency.
  • Our Islamic Finance Corporate Training takes the frustration out of learning and ensures that Islamic Financial studies are easy for them to master.

Selection of Training

Organizations may choose from:

  • Readymade Trainings are designed by our experts to cover the various core topics
  • Customized Training are designed for the organization by considering their specific training needs

Training Methodology

We offer two options for the delivery of Corporate Trainings:

  • In-Class Training, which is provided by physical presence of Trainer at clients premises
  • Web-Based Training, which is delivered online through Web-Conferencing solution

READYMAD TRAININGS

  • Readymade Trainings are designed to cover the various core topics of Islamic Banking and Finance
  • They are equipped with the practical knowledge of concepts and operations of Islamic Financial Institutions, and relevant products & services
  • Islamic Modes of Finance

  • Mudarabah and Musharakah

    • Introduction to Mudaraba and Musharaka
    • Understanding of Shariah principles and laws applicable on Mudaraba and Musharaka and accounting treatment for the same, and
    • Application of Mudaraba and Musharaka

  • Murabahah

    • Introduction to Murabahah
    • Understanding of Shariah principles and laws applicable on Murabahah and accounting treatment for the same, and
    • Introduction to Musawamah and Istijarar

  • Diminishing Musharakah

    • Overview of Diminishing Musharaka and its types
    • Application of Diminishing Musharaka in Banking system, and
    • Understanding of Shariah principles and laws applicable on Diminishing Musharaka and transaction structure of the same

  • Ijarah

    • Understanding of Ijarah in comparison to conventional leasing
    • Understanding of Shariah principles and laws applicable on Ijarah and accounting treatment for the same, and
    • Transaction structure of Ijara with Shariah and accounting perspective

  • Salam and Istisna

    • Introduction of Salam and Istisna
    • Essential requirements of the same, and
    • Understanding of Shariah principles and laws applicable on Salam and Istisna and accounting treatment for the same

  • Understanding Takaful - a Customer's Perspective

    • Concept of Islamic insurance and its validity
    • Shariah issues in the implication of insurance
    • Difference between Takaful and conventional insurance
    • Different Takaful models, and
    • The concept of Re-Takaful and its comparison with Re-Insurance

  • Family Takaful - a Tool for Investment

    • An overview of Takaful and Family Takaful
    • Mechanism of Family Takaful and its products, and
    • Investment options available with the Family Takaful and their aspects

  • Fundamental Operational Areas

  • Islamic Finance for the Managers of Finance

    • Foundations of Islamic Finance
    • Difference between Islamic and Conventional Banking
    • Islamic Law of contracts
    • Islamic Financial Instruments / Products, and
    • Different models on which deposits can be placed

  • Accounting for Islamic Finance

    • Realize the importance of accounting in Islamic Finance
    • Basic accounting for asset and liability side in light of AAOIFI standards and local standards, and
    • Disclosure requirements for Islamic products

  • Profit and Loss Distribution in Islamic Banking

    • Objective of this training is to have understanding of different profit distribution models
    • Profit allocaton mechanism and issues in allocation, and
    • Basic concept of Hiba

  • Risk Management for Islamic Financial Institutions

    • Concept of risk and its types
    • Risk management, and its guiding principles
    • Risk management of Islamic and conventional banks, and
    • Standards / guideline issued by IFSB / SBP

  • Securitization in Islamic Finance

    • Concept of securitization and its importance in Islam
    • Concept of Sukuk and its operational issues, and
    • Different structures of Sukuk and their benefits and limitations

  • Documentation under various modes of Finance

    • The concept of private equity funds and venture capital
    • Buyout - both for private equity and venture capital
    • Structure and features of private equity and venture capital, and
    • Accounting and tax implications regarding private equity and venture capital

  • Regulatory Framework for Islamic Banking

    • Introduction to different regulatory requirements for Islamic financial institutions, and
    • An overview of significant regulatory requirement

  • Islamic Trade Financing

    • An understanding of principles of trade finance in Islamic banking, and
    • An understanding of different types of trade finance currently used in the world

  • Islamic Treasury Operations

    • Treasury functions and tools for Islamic treasury
    • Difference between Islamic bank and conventional bank treasury
    • Using and structuring Islamic treasury products, and
    • Islamic concepts for investments in capital and money market

  • Advance Management & Development

  • Product Development & Structuring

    • An understanding of the process of product development and structuring

  • Private Equity and Venture Capital Funds

    • The concept of private equity funds and venture capital
    • Buyout - both for private equity and venture capital
    • Structure and features of private equity and venture capital, and
    • Accounting and tax implications regarding private equity and venture capital

  • Governance in Islamic Financial Institutions

    • Knowledge and understanding of corporate governance principles
    • Role of effective corporate governance, and
    • Differen tools for corporate governance

  • Conversion of Conventional Financial Institution into Islamic

    • An understanding of the process of conversion, its implications and complexities

  • Shariah Compliance Audit & Review

    • Shariah compliance audit and review
    • Framework for Shariah compliance audit and review
    • Scope and limitations of Shariah audit and review, and
    • Know-how of performing Shariah compliance audit and review

  • Capital Adequacy Requirements - IFSB Guidelines

    • The purpose and scope of capital adequacy
    • Principles for minimum capital adequacy requirements, and
    • The minimum capital adequacy requirments for Islamic financing assets

  • Islamic Wealth Management

    • How Islamic wealth management differs from traditional wealth management?
    • How to construct efficient portfolios?, and
    • Different classes and allocation of asset

  • Capital Market and Islam - How to Reconcile?

    • Capital market
    • Concept of Sukuk and its different structures
    • Concept of securitization, and
    • Shariah principles regarding investment

  • Islamic Investment Banking

    • Islamic investment banking
    • Tools for conventional and Islamic investment banks
    • New products based on Shariah principles, and
    • Practical issues in the implement of Islamic tools of investment

CUSTOMIZED TRAININGS

  • Customized Training are designed for the organization considering their specific training needs
  • The training requirements are explained by organizations, and we undertake a thorough consultation process
  • This is performed by consultants, Sharia' scholars and practitioners; and provide a best training solution to ensure training needs are identified and accomplished
  • Our Trainers are highly experienced and skilled professionals, who may cover virtually every area of Islamic Finance sector

Training Cost

  • Cost of training is based on per participant per day of training or a lump sum per day of training, as may be mutually agreed
  • The quoted cost includes training delivery, handouts, evaluation tests and certifications of course participation
  • Logistics, venues, refreshments or any other arrangements are to be organized and provided by the participating organization

NOTE: In addition to these customized and readymade Islamic finance corporate trainings, Academy for International Modern Studies offers specialized programs in Islamic Finance. They includes Islamic Finance Courses, Diploma in Islamic Banking, MBA Islamic Finance and PhD in Islamic Finance programs.

Discuss Your Training Need

Please complete the below form, in order to discuss HR development requirements, and we will be happy to give you the best training solution

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“0, believers, fear Allah, and give up what is still due to you from the interest (usury), if you are true believers. If you do not do so, then take notice of war from Allah and His Messenger. But if you repent, you can have your principal. Neither should you commit injustice nor should you be subjected to it”

Al Quran
Surah Al Baqarah
Verse 278-279

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