Sukuk has emerged as a major source of investment of funds in Islamic capital markets over the past decades. sukuk as an Islamic financing instrument in addition to securitizing assets in major global projects has been noted as the preferred choice of fund managers worldwide, which has led to its use Widely. This program is designed to provide participants with the regulatory rules, principles, types, structure, methodologies and transactional issues related to the structuring and use of sukuk in Islamic capital markets. And the role of sukuk in supporting the real economy and how to take the decision to invest in sukuk.
At the end of the training program, the participant should be able to:
1 Principles of Islamic finance and investment
Fundamentals of Islamic finance and trade
Principles relating to the creation of sukuk
Overview of sukuk and Islamic
2 Shariah controls and requirements applicable to Islamic capital markets
3 Understand Islamic financing formulas and products
Modaraba, musharaka and murabaha
The concept and use of ijarah
Rules relating to Istisna’a
Selling Salam and selling at a forward price
Tawarouq and interest-free loan
1 Introduction to sukuk
Principles and rationale behind the instruments
Sukuk increase over the past decade comparison between:
Traditional sukuk and bonds
Sukuk and securities secured by assets
Asset-based sukuk vs. asset-secured sukuk
2 Types of sukuk
Modaraba Sukuk
Participation instruments
Ijarah Sukuk
Murabaha Sukuk
Instruments of peace
Istisna'a Sukuk
Hybrid instruments
3 Sovereign Sukuk
Methods used in sovereign Sukuk
Sale, leaseback, and land lease
Lease and lease back
Ijarah principles and restrictions
Agency
4 General obligation Sukuk
Rationale for issuance of general obligation Sukuk
Maturity and issue requirements
Single Shariah-compliant contracts vs. multiple contracts
5 Covered Sukuk
What instruments are covered
The difference between covered Sukuk and asset secured securitization
When are covered Sukuk issued and why are they issued?
Transferable and replaceable instruments
6 Sukuk valuation basis
Issuance of Sukuk and its indicators
Sukuk trading in Islamic capital markets
Not Available
Names of the training programs that are integrated (enriched) with the training program:
Names of the training programs that after the training program:
capital Markets Authority
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