Course Overview:
This 3-day masterclass offers a comprehensive introduction to Islamic banking, covering its principles, products, and regulatory frameworks. Participants will explore key Islamic financial instruments such as Murabaha, Ijarah, Mudarabah, Musharakah, and Sukuk, understanding their structures, applications, and compliance requirements. The course also examines risk management, regulatory considerations, and ethical investment principles. Through a blend of lectures, case studies, and interactive exercises, participants will gain practical insights into the operations and challenges faced by Islamic financial institution.
Course objectives:
- Understand the core principles and fundamentals of Islamic banking and how they differ from conventional finance.
- Explore key Islamic financial contracts, including Murabaha, Ijaraj, Mudaraba, Musharaka and Sukuk.
- Gain insights into Shari’ah governance and the role of regulatory bodies such as AAOIFI, IFSB and Basel III.
- Recognize key risks in Islamic Banking, including liquidity risk and Shari’ah non-compliance risks.
- Analyze real-world case studies of Islamic banking operations, successes, and challenges.
- Explore innovations in Islamic Fintech, digital banking, and blockchain applications.
Upon the completion of this course, the participant will be able to:
- Comprehend Islamic Banking Fundamentals – Understand the principles of Islamic finance, its objectives and how it contrasts with conventional finance.
- Apply Islamic Financial Contracts – Identify and implement key Shari’ah-complaint contracts such as Murabaha, Ijarah, Mudaraba, Musharaka, and Sukuk.
- Understand Shari’ah Governance and Regulations – Explain the role of regulatory bodies like AAOIFI, IFSB, Basel III in maintaining Shari’ah compliance.
- Identify Key Risks in Islamic Banking – Recognize liquidity and Shari’ah non-compliance risks and their impact on banking operations.
- Analyze Islamic Banking Case Studies – Examine the performance of Islamic banks through real-world examples, identifying best practices and lessons learned.
- Explore Islamic Fintech innovations – Understand the latest advancement in Islamic digital banking, Fintech, and blockchain applications in financial services.
Course Outline:
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Day 1: Foundations of Islamic Banking
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- Introduction to Islamic Banking and Finance
- Key Islamic Banking Contracts and Applications
- Shari’ah Governance and Regulatory Framework
- Interactive Case Study: Islamic Financial Contracts
- Comparative Analysis: Islamic Vs Conventional Banking Models
- Q&A and Recap of Key Concepts
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Day 2: Islamic Banking Products, Risk Management and Sukuk
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- Islamic Banking Products: Retail and Corporate Finance
- Risk Management in Islamic Banking
- Sukuk and its Role in Islamic Banking
- Interactive Case study: Sukuk in Islamic Banking
- Ethical and Regulatory Considerations in Islamic Banking Products
- Q&A and Recap of Key Concepts
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Day 3: Regulations, Fintech, and the Future of Islamic Banking
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- Regulatory Framework, and Liquidity Management in Islamic Banks
- Case Study: Islamic Banks Navigating Financial Crises
- Islamic Fintech and Digital Banking Trends
- Case Study: Islamic Banks and Fintech Integration
- Challenges and Opportunities in Islamic Banking Innovation
- Course Review and Q&A
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Delivery Method:
In-Person Classes
Target Audience:
- New and aspiring Islamic finance and banking professionals looking to gain practical knowledge of Shari’ah-compliant banking operations.
- Finance practitioners seeking to understand Islamic banking principles & regulatory framework.
- University students and researchers pursuing studies in finance, banking, or related fields who want to enhance their knowledge of Islamic banking.
- Professionals in financial risk and compliance seeking an introduction to Islamic banking regulations, Shari’ah governance, and basic risk management principles.
Trainer’s Profile:
Dr. Muna Al-Mannai has extensive experience in overseeing capital markets regulation, corporate governance, and financial supervision. She holds a PhD in Islamic Finance from Durham University, where her research focused on investors' rights, transparency, and information in equity-based Islamic finance.
She has held senior roles overseeing market surveillance, investor protection, corporate restructuring, and enforcement. Her work spans both conventional and Islamic finance. As a member of the National Corporate Governance Committee, she helped develop the Corporate Governance Code.
Currently, she is an adjunct lecturer and trainer, specializing in financial analysis, corporate governance, and Islamic finance. She delivers training courses on Islamic banking, Shari’ah-compliant financial instruments, and regulatory frameworks.
