Study Tour Program on Islamic Banking and Finance Seminar

Location: Kuala Lumpur, Malaysia
Date: October 18-22, 2010

About the Program:

The Islamic finance industry has rapidly expanded beyond Muslim countries with more than 300 Islamic finance institutions currently operating in 75 countries and managing assets estimated to be around US$ 900 Billion in 2008. This is projected to reach US$ Trillion in 2010 with an annual growth of 15% to 20%.

The choice of Kuala Lumpur, Malaysia as the venue of this seminar recognizes the role of Malaysia as an important hub for Islamic banking and finance in the region. The program is designed to provide participants with knowledge and understanding of:

  • History and Development of Islamic Banking and Finance
  • Understanding the Requirement of Syariah Laws
  • Roles and Functions of the Central Bank/Legal and Regulatory Framework
  • Roles and Responsibilities of Syariah Advisors
  • The Basic Difference Between Conventional and Islamic Banking System
  • Islamic Banking Products
  • Sukuk (Securities)
  • Financing Models
  • Introduction to Islamic Money Market and Capital Market
  • Introduction to Islamic Insurance (Takaful)
  • Operational Issues in Islamic Banking: Accounting Treatment, Risk Management and Audit
  • The program also includes meetings and discussions on Islamic banking and finance policies and practices with officers of various banks and financial institutions operating in Kuala Lumpur.

    Who Should Attend:
    Officers and managers of banks and financial institutions engaged or intending to engage in Islamic Banking and Finance; officers and staff of central monetary authorities such as Central Bank and Securities and Exchange Commission and other public agencies such as the Ministry/Department of Finance.