Corporate governance in Islamic Banking and Finance Course

Course Overview:

The Corporate Governance in Islamic Banking and Finance training course provides participants with skills and insight necessary for navigating corporate governance, financial risk management and investment decisions within Islamic banking.

At the end of the training, participants will appreciate the processes involved in creating wealth for shareholders and the corresponding regulatory and compliance aspects unique to Islamic finance.

They will be involved in the evaluation of different capital structures, practice Islamic finance and invest in Sukuks and other relevant instruments, and practice risk management on financial risk in consonance with relevant Shariah laws.

This course is sponsored for persons working in the banking sector including professionals, managers, and directors who will expand their knowledge and skills on corporate governance, Shariah compliance and investment vehicles for better decision making and strategic planning in Islamic financial institutions.

Course Objectives:

At the end of this Corporate Governance in Islamic Banking and Finance training course, participants will be able to:

• Use the financial tools and techniques necessary to create corporate value and shareholder value
• Understand the tools & techniques in Islamic banking and finance
• Understand the essential Investment Vehicles and structure of Islamic financial services
• Identify the working of the Shariah control and compliance systems in an Islamic Financial Institution
• Evaluate the impact of alternative capital structures
• Develop long-term economic planning models and strategies
• Manage Financial Risk
• Understanding the importance and relevance of corporate governance standards for Islamic Financial Institutions

Who Should Attend?

The corporate Governance in Islamic Banking and Finance Training course is ideal for:

• All those employed in banking and financial services;
• All professionals having financial, project management, planning, treasury, and cash management responsibilities;
• All senior and director-level managers, and any financial and non-financial professionals who need or wish to learn more about the management of corporate and Islamic finance, and corporate governance.

Course Outlines:

The Framework of Corporate Finance & Capital Investment 

• Corporate Finance and its Importance
• The Financial Statements – What do they tell us about financing?
• Long-term & Short-term Financing
• Cost of Equity, Cost of Debt, and the Weighted Average Cost of Capital
• Capital Structure Models
• Future Values, Present Values, and Discounted Cash Flow (DCF)
• Capital Investment Appraisal Techniques
• Capital Budgeting, Capital Rationing, and the Profitability Index (PI)

Overview of Islamic Banking & Finance

• The Growth of the Islamic Finance Industry
• Fundamentals of Islamic Banking and Finance
• Shariah and Fiqh Principles
• Takaful And Islamic Wealth Management
• Islamic Banking Financial Instruments
• Islamic Investment, especially Sukuks
• Regulatory Environment of Islamic Banking
• The Global Standing of the Islamic Capital Market

Sharia 'a Fundamentals in Islamic Banking 

• Definition of Shari'a and Its Salient Characteristics
• Sources of Shari'a
• Ethics in Shari'a - Compliant Business and Finance
• Major Shari'a Prohibitions and Principles and their Implications
• Shariah Compliance Risks in Islamic Banking
• Shari'a Supervisory Board (SSB)
• Corporate and Shari'a Governance
• Shariah Audit and Legal Issues in Islamic Finance

Financial Planning and Financial Risk in Islamic Financial Services 

• Long-term Financial Plans to Determine Funding Requirements
• Financial Techniques Applied by Islamic Banks
• Financial Planning Models
• Identify Types of Risk in Your Organization
• Credit Risk in Islamic Banking and Finance
• Liquidity Risk in Islamic Financial Products
• Financial Risk Management and Behavioral Finance
• Risk Management Process in Islamic Financial Services

Corporate Governance in Islamic banking

• Elements of Corporate Governance in Islamic Banking
• Governance Structures
• Responsibilities of the Board of Directors and the Role of Non-executive
• Disclosure and Transparency
• The Roles of Auditors and Directors
• The Need for Corporate Governance and Corporate Social Responsibility (CSR)
• Nomination, Remuneration, and Internal Audit Committees
• Corporate Governance Reporting in The Annual Report and Accounts
• Design Report
• Design Evaluations and Assessments

see more: Cost Analysis to Support Strategic Decisions Course