Islamic Capital Market

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ICM Series - Islamic Capital Market and Sukuk Explained

Dates:  6 - 7 August 2018 (2 Days)
Venue: Securities Commission Malaysia
Accreditation: SIDC CPE-approved: 10 CPE points


In recent years, the emergence and evolution of Sukuk has been one of the most significant developments in Islamic capital markets. Sukuk instruments act as a bridge to link the issuers with a wide pool of investors, many of whom are seeking to diversify their holdings beyond traditional asset classes in an efficient and transparent way. However, the Sukuk market remains a niche one with huge potential for growth in global financial markets. The “Sukuk Learning Series” will cover comprehensive topics ranging from Sukuk structuring and issuance to the distribution process.

  • Programme Delivery

    Programme Objective

    The programme’s objective is to highlight the regulatory and parameters of Shariah in the Islamic Capital Market. Therefore, this module will cover on the Shariah principles, products, sources, prohibitions, types of contracts as well as types of Sukuk with its distinguished features as compared to a conventional bond.

    Learning Outcomes

    By the end of this programme, participants will be able to:
    • identify the regulatory and Shariah parameters in Islamic Capital Market;
    • explain the principles, products, sources and prohibitions of Shariah;
    • explain the type of contracts in Islamic Finance; and
    • describe the types of Sukuk and its distinguished features as compared to a conventional bond.

    Methodology

    The programme will be delivered using interactive presentations, case studies and discussions to complement the audience’s on-the-job experience.

    Target Audience

    Experienced and new professionals or industry practitioners in the capital market, ICM and academia.
     
  • Programme Outline

    8.30 am REGISTRATION
    9.00 am OVERVIEW OF ISLAMIC FINANCE AND ISLAMIC CAPITAL MARKET
    • Islamic finance – Managing perception
    • History and development of modern Islamic finance
    • Standard setting and industry bodies
    • Regulatory requirements and Shariah Parameters
     
    10.30 am Refreshments
    11.00 am UNDERSTANDING OF SHARIAH
    • Islamic finance overview on principles and products
    • Overview of Islamic Law on commercial transactions
    • Sources of Fiqh:
    1. Quran, Sunnah, Ijma’ , Qiyas, Istihsan and etc.
    • The Prohibition of Riba, Gharar and Maysir in Islam and rationale of the prohibition
     
    12.30pm Lunch
    2.00 pm INTRODUCTION TO SHARIAH CONTRACTS
    • Essential requirements of contracts                                              
    • Basic Shariah parameters governing Islamic finance contracts                              
    • Types of contracts in Islamic finance
     
    3.30 pm Refreshments
    3.45 pm TYPES OF SUKUK IN THE MARKET
    • Evolution and trends of the Sukuk market
    • Types of Sukuk
    1. Asset-based
    2. Asset-backed
    3. Debt-based
    4. Partnership/Equity-based
    5. Hybrid structured Sukuk
    • Differences between Sukuk and conventional bond
     
    5.00 pm End of Session
  • Programme Fees

    Items Standard Early Bird (Before 6 July 2018)
    ICM Programmes Combo - 6 Programmes* RM650/ Programme RM550/ Programme
    Sukuk Programmes Combo - 5 Programmes* RM650/ Programme RM550/ Programme
    Custom Combo -3 or more Programmes (Any programmes under ICM Series)* RM700/Programme RM600/ Programme
    1 Programme* RM750/Programme RM650/ Programme
    *Upon registration, please email to registration@sidc.com.my to entitle for the combo price