+603 7883 0030    enquiry@5r.com.my

 

Objectives

Upon completion of the programme, participants will be able to:

  • Have a better understanding of the Shari’ah framework for Islamic finance
  • Examine the application of Shari’ah contracts for Islamic financial instruments
  • Explain the Islamic banking operations and instruments

 

Content

1. Overview of Islamic Banking and Finance

  • Shari’ah framework for Islamic finance
  • Prohibition of Riba
  • Prohibition of Gharar
  • Prohibition of Gambling (Maysir)
    • Fundamental prohibited
    • Elements in Islamic Finance
    • Mutuality of Risk-Sharing

2. Application of Shari’ah contracts

  • Classification of Shari’ah contracts
    • Exchange-based Contracts
    • Charity-based Contracts
    • Partnership Contracts
  • Elements of Shari’ah contracts
    • Form of Contract
    • Subject Matter of the Contract
    • Contracting Parties

3. Concept of Exchange-based Contracts

  • Bay’ Al-Murabahah (Mark-up Sale)
  • Bay’ Al-Istisna’ (Manufacturing Sale)
  • Bay’ Al-Salam (Forward Sale)
  • Bay’ Al-Inah (Sell and Buy-Back)
  • Bay’ Al-Tawarruq (Cash Financing)
  • Ijarah (Lease)

4. Partnership Contracts in Islamic Finance

  • Mudhabarah
  • Musharakah

5. Sources of Funds

  • Investment Deposit
    • Term Deposit
    • Current Deposit
    • Savings Deposit

6. Uses of Funds

  • I Working Capital Financing
  • Corporate Financing
  • Islamic Retail Financing

7. Islamic Trade Financing Instruments and Practices

  • Islamic Bank Guarantee
  • Islamic Accepted Bills
  • Islamic Trust Receipt
  • Islamic Letter of Credit
  • Islamic Shipping Guarantee

 

Administrative Details

Duration: 2 Days

Maximum Participants: 30 Persons per class