MINI MBA Islamic Finance

ISLAMIC BANKING

An Introduction to Islamic Banking

• Defining Islamic Banking
• Sharia – Islamic Law
• Prohibitions in Islamic Finance
• Islamic Finance Contracts
• Historical Overviews of Islamic banking and finance
• Islamic Banking Operations – Uses of funds

Islamic Banking Operations – Sources of Funds

• Financial Intermediation
• Balance sheet of an Islamic Bank

SHARIA GOVERNANCE

An introduction to governance in financial institutions

Governance in Islamic banks and financial institutions

Framework and functions of sharia governance in Islamic bank and financial intuitions

An introduction to haria & Islamic Finance

• Defining Islamic banking Regulator’s perspective
• Sharia – Islamic law
• Islamic Finance Contract

SHARIA AUDIT

The role and importance of Sharia supervision in Islamic banks

Difference between sharia supervision and Sharia audit

Sharia audit program

ISLAMIC FUNDS

Islamic Fund Industry

Fund Structuring

Differences between Islamic and conventional funds

Types of Islamic Funds

Sukuk Funds

Capital protected funds/notes

Commodity funds

Murabaha Funds

Mixed funds

SUKUK

Bond and securitization

History of securitization

Process of Securitization

Islamic viewpoint on securitization

Sukuk

Type of Sukuk

• Sukuk Al Ijara
• Sukuk Al Murabaha
• Sukuk Al Salam
• Sukuk Al Istisna
• Sukuk Al Mudaraba
• Sukuk Al Musharaka
• Hybrid Sukuk
• Sukuk Al Wakal

Case studies on each type of aforementioned Sukuk Structures