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
Tools and Techniques for  Modern Internal Auditors Tools and Techniques for Modern Internal Auditors

3 days, 12 - 14 Jun, 2017 

2017-06-12 12:06:00
Lagos State, Nigeria

TSI Limited

To become a successful auditor, a strong base of knowledge and an understanding of basic auditing skills are essential. With this program, auditors, as well as non-auditors with internal control ...

Human Resources Payroll Administration Human Resources Payroll Administration

3 days, 24 - 26 Jul, 2017 

2017-07-24 12:07:00
Lagos State, Nigeria

TSI Limited

Human Resources Department serves as the entry and exit point in all organizations. Therefore the HR Payroll Administration is a course that is most suited for practitioners in this department ...

Risk Assessment and Introduction to Internal Control Risk Assessment and Introduction to Internal Control

3 days, 16 - 18 Aug, 2017 

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

TSI Limited

This training course is designed to give you a solid understanding of systems and control documentation at the significant process level. It will introduce you to basic tools used to document an ...

Finance and Accounting for Non- Financial Professionals Finance and Accounting for Non- Financial Professionals

3 days, 26 - 28 Jun, 2017 

2017-06-26 12:06:00
Lagos State, Nigeria

TSI Limited

As the name suggests, Finance for Non-Financial Professionals training course is intended for people who do not have Finance and accounting as their core subject, however, their work involves dealing ...