Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

Selection and Management of Sharia Compliant Funds

By: TSI Limited

Lagos State, Nigeria

14 - 16 Oct, 2014  3 days

Follow Event

  

Course Overview
This training covers all the fundamental aspects of the selection and management of islamic law (sharia)-compatible funds.

Course Objectives
To acquaint participants with the types of funds compatible with Sharia, how to select them and manage them

Course Outline
  • Islamic finance main instruments roundup
  • Islamic finance principles : bans on riba, gharar, and maysir
  • Financing operations related to the assets : murabaha, ijara, istisna'a
  • Mudaraba-type contracts and islamic trust mechanics
  • Advance purchase transactions (bai salam, bai muajjal) and options (arbun)
  • Setup of a sharia-compliant equity fund
  • Defining the range of available investment options : industry exclusion criteria and financial exclusion criteria
  • Defining of a sharia-compatible management style and a sharia-compatible turnover strategy
  • Validation by a sharia board and implementation of a sharia compliance function
  • Liquidity management, risk management and reporting
  • Portfolio liquidity management: murabaha contracts and reverse murabaha contracts
  • Portfolio hedging through Islamic Dow Jones index-based bai salam contracts
  • Setup of a long/short islamic fund under constraint
  • Total return swaps and use of the "purification" technique (tanqyya)
  • Legal aspects, regulatory aspects and tax aspects
  • Rights and duties of the investors (rabb'al mal) and brokers (mudarib)
  • Levy on capital gains and dividends
Sizzler House, 33 International Airport Road, Ajao Estate, Lagos, Nigeria Oct 14 - 16 Oct, 2014
NGN265,000.00
(Convert Currency)

+1-646-202-8832, +2348033467639

Related Courses
Effective Corporate Social Responsibility Effective Corporate Social Responsibility

3 days, 29 - 31 May, 2017 

2017-05-29 12:05:00
State, Nigeria

TSI Limited

Designed to meet the needs of professionals who seek high-level competencies to manage the challenge of operating corporate social responsibly in a competitive business environment. This ...

Risk Management Best Practices Risk Management Best Practices

3 days, 16 - 18 Aug, 2017 

2017-08-16 12:08:00
Lagos State, Nigeria

TSI Limited

Banking business and indeed most corporate endeavours are loaded with risks and uncertainty. The ability to navigate through this volatile terrain is a function of training and experience. This is ...

Basel II Framework Basel II Framework

3 days, 25 - 27 Sep, 2017 

2017-09-25 12:09:00
Lagos State, Nigeria

TSI Limited

The Basel Committee on Banking Supervision has issued for a package of proposals to strengthen global capital and liquidity regulations with the goal of promoting a more resilient banking ...

Fundamental of Revenue Forecasting Fundamental of Revenue Forecasting

3 days, 10 - 12 Jul, 2017 

2017-07-10 12:07:00
Lagos State, Nigeria

TSI Limited

This course will introduce practical analytical methods for forecasting revenues. Participants will be guided to apply forecasting techniques on their own laptop computers individually and group ...