UK & IRELAND            NEW                           Islamic Finance – ProductComments from previousattendees of other Is...
UK & IRELAND      24 hours/credits                  Agenda                                            Islamic Finance – Pr...
Day 3                                                    Case Study Method                                                ...
UK & IRELAND                                                                                                              ...
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Islamic Product Development Workshop Led by Furqan Ahmad

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Furqan is teaching this Islamic Banking & Finance Product Development Training Course in UK later this year, insha Allah.

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Islamic Product Development Workshop Led by Furqan Ahmad

  1. 1. UK & IRELAND NEW Islamic Finance – ProductComments from previousattendees of other IslamicFinance course: Development“This was an interesting course that widened my This advanced three day course will offer you the best practices horizons about the in how to plan, develop and launch successful Islamic banking evolution of Islamic products banking…” Assistant General Manager., BISB Product development best practices: strategy, structure and process“Interesting & engaging. Hands-on experience of Islamic Finance product development and Participation among launching delegates was good” Regional Treasurer, Shariah Coordination Commerzbank Islamic Jurisprudence of Financial Transactions“Gained alot from attending this course” Islamic Accounting and Auditing Partner, HPRP How to develop quality products & strategies that will help you meet your product development goals from scratch to end.7reasons to chooseeuromoney financialtraining uk & ireland 24 years experience having trained over 100,000 Course Director: professionals Clients include; Standard Furqan Ahmad Chartered Bank, European Investment Bank, JP Islamic Banker, heading product development and segmentation for a leading bank in the UAE Morgan, Shell & EDF Energy Instructors/guest speakers are the most reputable in the industry and have a wealth of experience Group sizes are restricted to ensure optimum contact time with the facilitator Our courses are run in London, the financial hub of the world. Make the most of your time in London and explore the city You will receive an official prestigious certificate Courses are run in 4-5 star hotels. Train in complete comfort Progress your career to the next level and enhance your potential earningsRegister online at: Registration Code:www.euromoneytraining.com/courses EIF3198-M
  2. 2. UK & IRELAND 24 hours/credits Agenda Islamic Finance – Product DevelopmentCourseDescription Day 1 Day 2 Fundamentals of Islamic Finance Asset & Liability Side of Islamic & Conventional Banks - Understanding Islamic Financial System - Islamic contracts - necessary ingredients and conditionsThis is a product developer’sworkshop – a hands-on product - Islamic Banking and Finance - The concept and ruling on Gharardevelopment exercise – just like - Musharakah Islamic Business Partnershipsdoing the real world Islamic Product - Mudarabah Islamic Investment Partnerships Sale (Bai)Development job, rather than justtheory. It is a Product Management - Ijarah Islamic Leasing - Conditions of a valid saleand Leadership training course. - Murabaha Cost Plus Financing - Five Khiyars - Understanding Salam And Istisna Forward Sales And - Murabaha (Its concept, conditions for its validity, its usage asDespite tremendous awareness and Manufacturing Contracts a mode of financing, its necessary conditions)phenomenal growth rates, mostinstitutions are far from taking full - Sukuk Islamic Securitization - Salam - definition, condition and its use as a mode of financingadvantage of the enormous growth - Islamic Insurance / Takaful - Istisna - definition, condition and its use as a mode of financingof Islamic Banking. This partly - Istijrarstems from a lack of deepunderstanding of the opportunities The Islamic Economic System - Ijarah (Islamic leasing)that Islamic finance offers, and also - Factors of Production in Islam, Capitalism & Socialismfrom the fact that most financial - Objectives of distribution of wealth in Islam Partnershipsinstitutions have not developed the - Prohibition of Riba in Holy Quran. & Hadith - Musharakah (definition of Shirkah, Mudarabah andrequired functional and operationalcapabilities. Success in this market - Definition of Riba & its types (Riba Al Fadl, Riba Al Naseah) Musharakah with their meaning, kinds and rules)will require developing - Usury & Commercial Interest - Mudarabahdifferentiated and segmented - Simple and Compound Interest - Diminishing Musharakahofferings, streamlining productdevelopment to boost innovation - Features of Conventional Bankand designing efficient processes. Islamic Finance Contracts - Musharakah In Bank Deposit - Sample Islamic Finance Contracts (SBP / AAOIFI Standard)If you want to make a product and - Murabaha Agreement Business/Corporate Bankingtake it back to your work with you,may be on your current or next job - Musharakah Agreement - Project Financingto further enhance it and even - Mudarabah Agreement - Working Capital Financinglaunch it, then this practical - Lease Agreement - Import Financingtraining class is for you! - Salam Agreement - Export Financing - Istisna Agreement - Securitizationmethodology - Musawamah Agreement - Syndication Mudarabah AgreementThis workshop adopts the approachof firstly imparting the underlying - Agreement For Interest Free Loan / Salary Advancephilosophy and objectives of Islamic - Islamic Credit Card StructuresFinance and comparing it with theconventional finance. It will thenprogress to explain the various Applied Islamic Banking - Practical Calculation ExercisesIslamic products currently applied - Ijarah Scheduleby Islamic institutions globally. The - Diminishing Musharakah Schedulecourse will make extensive use of - Structure Mudarabah Deposit AccountProduct Development group projectsin parallel to instruction modules. - Murabaha CalculationClass will be divided into working - Asset Pool Managementgroup teams, which shall acquire - Profit Calculation - Deposit Productshands-on experience of developing aProduct and its successful launch.who should attend?This comprehensive program willbenefit professionals alreadyinvolved in Islamic finance, as wellas those new to the market. Thisincludes financiers, bankers (fromIslamic banks as well as those Instructoroperating under Islamic windows)and end investors. The course isspecifically targeted at: Furqan Ahmad Islamic bankers Investment bankers Furqan Ahmad is an experienced Islamic Banker, heading product USD 1 billion in Islamic Home Finance contracts. Mr. Ahmad’s professional Corporate and commercial bankers development and segmentation for a leading bank in the UAE. Mr. Ahmad is expertise encompasses product development, strategic management of Private bankers a senior Islamic Banking expert with almost 10 years experience in working client segments and business management of Islamic Banking Liabilities and Corporate treasurers Analysts with Islamic Financial Institutions. He has been responsible for several Investment products. Mr. Ahmad participates in Shariah Board discussions Asset managers successful Shari’ah compliant product launches at Guidance Financial Group with renowned Islamic Finance Scholars and is a regular conference speaker Consultants (USA) and Mashreq Bank (Dubai)among others. at international Islamic Finance Forums on Product Development as well as Regulators and government Mr. Ahmad had extensively contributed in the development of Islamic home Islamic Finance Products Trainer for the Bank. Furqan holds an MBA with representatives finance industry in the USA while working for Guidance Financial Group major in International Business Finance from the George Washington Auditors where Mr. Ahmad as a senior member of National Distribution Team University, USA, and BBA (Honors) in Marketing from IBA at University of Risk managers contributed towards the accomplishment of the historic milestone of the first Karachi, Pakistan.Telephone: Email: +44 (0)207 779 7393 courses@euromoneytraining.com
  3. 3. Day 3 Case Study Method develop your skills in 2011 Progress your career to the next Role Play Actors/Stakeholders organized in level and enhance your potential Investment Banking & Insurance Teams:Group Leader shall act as “Head of earnings - Islamic Investment Fund Products and Shariah Coordination” - The Principle of Limited Liability Alleviate the stress of your work, Group Members shall act as “Product Managers” by gaining skills to enhance your - Takaful, Kafalah, insurance and its alternatives productivity Members of one special group of participating Network with peers, benchmark Pre-Launch Considerations, Planning and Launching students shall act as the Islamic Bank’s functional your strategies and uncover what of Islamic Banking Model department heads, who shall be dealing with all is proving effective for other - Case Studies of Actually Implemented Islamic Banking the Product Manager Groups individually, one by industry professionals Business Models one. This will be in regards to helping the participants with their own respective area of Challenges in Islamic Banking Practice responsibility, in the product development process islamic finance – product - How To Sell Islamic Finance Products to Clients and of each of the group’s respective products, for development answer questions example, each functional head shall advise the Dates: 24 - 26 October 2011 - “What’s The Difference Between Profit And Interest?” product managers on the following aspects: Location: Central London, UK - “What’s The Difference Between Murabaha andCommercial Loan?” Fees: £3,845 + VAT - Chief Marketing Officer – Marketing Brief, - “Is Benchmarking Permissible?” Marketing and Advertising Plan, Media Plan, - Islamic Financial Innovation - Liquidity Management Special Email/SMS Offers and Customer Venue Loyalty Campaigns - Risk Management - Head of Finance & Accounting – Product - Islamic Accounting Standards Profitability, Projections, Payback estimate, All of our non-residential training Mudarabah Profit Distribution Management courses are held in 4 – 5 star System venues throughout central London. The training venues are selected by - General Counsel (Legal) – Bank’s liability both their location and training exposure, Legal review and approval and refreshment facilities, this - Head of Compliance – Compliance risk ensures that you will only learn in exposure, Compliance review and approval comfortable and convenient environments. Due to the variation - Head of Credit Policy – Bank policies of delegate numbers, confirmation Head of IT - Functional System Requirements of the central London venue, full - Head of Sales – Annual Sales Budget Targets address and details of how to get and Sales Force Incentive Plan. Sales Contests there can only be sent to you approximately three weeks prior to - Head of Customer Service Excellence– the course start. Alternative Sales Channels: ATMs; Internet Banking; Mobile Banking; Call Centers - Course Instructor shall act in multiple roles as “CEO/Head of Retail Banking” and “Shariah Board Advisor” © Copyright Euromoney Training 2011 Euromoney Financial Training have been accredited by the The highest and most recognisable standard for educational training UK Border Agency Approved Register online at: Registration Code: www.euromoneytraining.com/courses EIF3198-M
  4. 4. UK & IRELAND 3 day course Islamic Finance – Product Development 24 - 26 October 2011, Central London, UK Fees £3,845 + VAT This advanced three day course will offer you the best practices in how to plan, develop and launch successful Islamic banking products Product development best practices: strategy, structure and process Hands-on experience of Islamic Finance product development and launching Shariah Coordination Islamic Jurisprudence of Financial Transactions Islamic Accounting and Auditing Islamic Finance – Product Development (EIF3198) How to develop quality products & strategies that will help you meet 24 - 26 October 2011, Central London, UK your product development goals from scratch to end. Fees £3,845 + VAT * Fees include tuition, documentation, lunch and refreshments and a prestigious certificate. Delegates are responsible for their own accommodation. You can request an invoice or pay online. Course Director: Please note, payment must be received prior to course start. Furqan Ahmad Islamic Banker, heading product development and segmentation for a leading bank in the UAE Register on-line at: www.euromoneytraining.com/courses IMPORTANT INFORMATION - YOUR REGISTRATION CODE: Please ensure you enter your registration EIF3198-M code when registering and you will be entered into our monthly prize draw to win £50 of Amazon vouchers amount: £50.00 claim code: 1234-4567890-2345 Learn how to redeem your Amazon.co.uk gift certificateGroup booking discounts** (Valid across all our courses)2 delegates - 5% discount 3 delegates - 10% discount 4 delegates - 12% discount 5 delegates - 15% discount**Available for delegates from one organisation attending the same courseData protection provide the same level of protection to personal A division of Euromoney Trading Limited course prices. You will not incur any additional All legible applicants can either: data as within the European Union. Registered Office: Euromoney Trading Limited charges if you wish to send a replacement delegate 1. Contact our partner company CashbackUse of your information: The information you By submitting your details, you will be indicating Nestor House, Playhouse Yard and your registration meets the above terms. Consultants who will deal with the entireprovide on this form will be used by Euromoney your consent to the use of your data as identified London EC4V 5EX, United Kingdom process. For more information emailInstitutional Investor PLC and its group companies(“we” or “us”) in relation to your registration for above. Further information on our use of your Registration No. 5935420 England Incorrect mailing info@euromoneytraining.com or download an personal data is set out in our privacy policy, which Please accept our apologies for mail which is application form fromthis event. 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