Two-day Course
ISLAMIC BANKING PRODUCTS
[The One-Day Course contents are included, plus]
- Murabaha
- What is Murabaha?
- What are the characteristics of Murabaha?
- Murabaha terminology.
- What are the applications of Murabaha?
- Practical steps in constructing a Murabaha transaction.
- Bank guarantees with Murabaha.
- Murabaha and the shariah.
- How does Murabaha differs from conventional bank lending?
- What are the risks for Islamic banks providing Murabaha facilities?
- Mudaraba—Tier One and Tier Two
- What is Mudaraba?
- What is Mudaraba Tier One?
- What is Mudaraba Tier Two?
- Mudaraba terminology.
- The Two-Tier Mudaraba System
- What are the similarities and differences between the Two Tiers?
- Application of Mudaraba.
- Characteristics associated with Tier-One Mudaraba.
- Unrestricted and Restricted Mudaraba.
- Characteristics associated with Tier-Two Mudaraba.
- Implementation of a Tier-Two Mudaraba.
- Mudaraba case study.
- What is the difference between Tier-Two Mudaraba and conventional lending?
- How does Mudaraba compare with Musharaka?
- What are the risks for Islamic banks providing Mudaraba facilities?
- Musharaka
- What is Musharaka?
- Characteristics of Musharaka
- Musharaka terminology
- Applications of Musharaka
- Structure of a Musharaka contract.
- Term structure of Musharaka:-
- Permanent Musharaka
- Implementation of Permanent Musharaka
- Case-study: profitable Musharika
- Case-study: loss making Musharaka
- Diminishing Musharika
- Implementation of Diminishing Musharaka.
- Temporary Musharaka
- What are the risks with Musharaka partnership?
- What is the difference between Musharaka and Mudaraba?
- Ijarah and Ijarah-wa-Iktina
- What is Ijarah?
- What is Ijarah-wa-Iktina?
- Ijarah: operational leasing
- Ijara terminology
- Application of Ijarah
- Advantages of Ijara over bank borrowing.
- Characteristics of Ijarah.
- Case study
- Implementation of Ijarah.
- Why is Ijarah-wa-Iktina Shariah compliant?
- What is the difference between Ijarah and Murabaha?
- Istisna and Parallel Istisna.
- What is Istisna?
- What is Parallel Istisna?
- The characteristics of Istisna
- The characteristics of Parallel Istisna.
- Istisna terminology
- Application of Istisna
- Implementation of Istisna and Parallel Istisna.
- Why is Istisna Shariah compliant?
- What are the banking risks associated with Istisna contracts?
- Salam and Parallel salam
- What is Salam?
- What is Parallel Salam?
- The characteristics of Salam?
- The characteristics of Parallel Salam.
- Salam terminology.
- Implementation of Salam and Parallel Salam
- What are the critical limitations of each of these contracts?
- What is the difference between Salam and Murabaha?