Training Department

IBFIN’s objective is to offer orientation and comprehensive training opportunities to develop the capabilities of interested and professional personnel in the field of Islamic banking, finance, economics and Islamic [Takaful] Insurance. This is done, insha-Allah, by organizing regular training courses, seminars, workshops and conferences on subjects and curriculums relevant to the needs of participants; publishing the proceedings of the seminars, workshops and conferences.

All IBFIN’s courses can be conducted in-house, world wide or at our Training Center, in Abuja, at the convenience of our client. Courses can be tailor-made to the client’s requirements.

TRAINING METHODOLOGY

IBFIN’s clients have the opportunity to choose between the various possible methods for the course/training delivery.

The First method offers participants a choice between a series of courses with a duration ranging from 1 to 5days.

  • One-day Course
  • Two-day Course
  • Three-day Course
  • Four-day Course
  • Five-day Course

The course contents are designed as a stand-alone, although each one may be seen as a prerequisite for the succeeding one.

The second training method provides a more flexible system of choice for the participants. The participants can choose from the variety of modules and create their own training program, according to their needs and convenience.

Each module is a 90 minutes period. Participants attempt a test at the end of each module. The modules are designed as stand-alone courses, although each module can also be seen as a prerequisite for the succeeding module. Participants are not required to have any prior knowledge of the subject area. At the commencement of each module, full documentation is required.

Module Contents

  • Module 1. Islam and Islamic Banking
  • Module 2. Islamic Banking Principles
  • Module 3. Balance Sheet analysis of Islamic Banks
  • Module 4. Murabaha-cost plus financing
  • Module 5. Mudaraba-Tier One and Tier Two*
  • Module 6. Musharika
  • Module 7. Ijara and Ijar-wa-iktina
  •  Module 8. Istisna and Parallel Istisna
  • Module 9. Salam
  • Module 10. Survey of the Islamic instruments
  • Module 11. Strategic issues faced by Islamic Banks*
  • Module 12. Risk analysis for Islamic banks*
  • Module 13. Liquidity management issues for Islamic banks
  • Module 14. Liability management issues for Islamic banks
  • Module 15. Asset management issues for Islamic banks
  • Module 16. Asset-Liability management issues for Islamic banks
  • Module 17. Islamic Capital Markets*
  • Module 18. Islamic Securitization*
  • Module 19. Innovation in Islamic banking
  • Module 20. Capital Adequacy for Islamic banks*
  • Module 21. Comparative Islamic banking
  • Module 22. Sukuk: Structures, Risks and Case Studies*
  • Module 23. Islamic Investment Principles
  • Module 24. Islamic Corporate Governance
  • Module 25. Regulatory framework for Islamic Banking
  • Module 26. Takaful – Islamic Insurance
  • Module 27. Accountancy Issues for Islamic Banks
  • Module 28. The Sharia and Islamic Banking
  • Module 29. Overview of the Industry.
  • Module 30. Islamic Microfinance.
  • Module 31. Interest [riba] in Islam and Christianity