Three-Day Course

ISLAMIC CAPITAL MARKETS

[The Two-Day Course contents are included, plus]

  • Shariah Boards
  • What are the common Shariah principles underlying all Islamic financial instruments?
  • The key questions the Shariah Boards ask
  • What are the problems with the fatwas issued by Shariah Boards?
  • Jurisprudence issues affecting Capital Markets.
  • Characteristics of key Capital Market Instruments acceptable to the Shariah Boards.
  • Islamic Capital Market Instruments
  • The hierarchy of Capital Markets: where do Islamic Products fit?
  • Is it halal or haram for Muslims to invest in the stock market?
  • Are companies with debt related activities excluded from Islamic investment portfolios?
  • What are the Islamic investment purification principles?
  • Commodity Morabaha
  • Islamic leasing
  • Islamic Equity Market Funds
  • Real Estate Investment Trusts
  • Islamic Hedge Funds
  • Islamic Rating Systems
  • Islamic Market indices:
  • Dow Jones Islamic Market Index (DJIM)
  • FTSE Global Islamic Index Series
  • Factors affecting innovation in Islamic banking and Capital markets.
  • Islamic Securitization
  • Securitization for conventional banking products
  • Securitization for Islamic banking products
  • The driving forces behind securitization
  • What are the Shariah requirements for securitization?
  • Ownership conveyance issues
  • Credit enhancement issues.