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?