Since its inception, the Islamic capital market (ICM) and through one of its main offering namely the Sukuk has shown itself as a growing and viable alternative to the conventional market. This is evidenced by the positive market narratives, of numbers, of size of issuances and deepening of the market that even non-traditional markets have and beginning to show interest in ICM.
In light of the current and future development in terms of both the upside/downside of the global economy, the continuing viability and attractiveness of Islamic finance needs to be increased. Both the Islamic capital market and Sukuk is strategically placed to be the flagbearers due to the size and magnitude of funds flowing related to these activities.
The two day program sharpens and develops participants understanding of ICM/Sukuk through lectures, discussions and case studies. This is with the view of developing a critical and innovative outlook amongst the participants which are must needed skill & attitude in approaching the ICM discipline.
The program principally covers the Islamic capital market and Sukuk, through inception to current developments. It looks into ICM/Sukuk in the context of international finance as a whole, on carving a larger share of the market both in terms opportunities/threats.
The programme aims to cover the following areas:
The overall value proposition of the Islamic capital market (ICM) and of the Sukuk
The Shariah foundations, requirements and contract rules shaping the overall approach of the Islamic capital market (ICM) and of the Sukuk
The operational environment e.g. components, institutions, players etc. involved in the Islamic capital market (ICM)
The prospects and the challenges faced by Islamic capital market (ICM) and Sukuk players including risk management