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

24 - 26 Aug, 2015  3 days

Follow Event

  

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 returns 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 Aug 24 - 26 Aug, 2015
NGN250,000.00
(Convert Currency)

+1-646-202-8832, +2348033467639, +2348023019508,

Related Courses
Reward Management Course Reward Management Course

3 days, 08 - 10 Oct, 2018 

2018-10-08 12:10:00
Lagos State, Nigeria

TSI Limited

Reward is a very important tool in motivating the workforce, hence the need for this training. Participants would be introduced to the total rewards model and each of its components. ...

Introduction to Corporate Social Responsibility Introduction to Corporate Social Responsibility

3 days, 07 - 09 May, 2018 

2018-05-07 12:05:00
Abia State, Nigeria

TSI Limited

The goal of this training course is to create awareness and advance knowledge about issues in business ethics and supply chain social responsibility. Through readings, discussions, mini-cases and ...

Certification in Supply Chain and Operations Management Training (CISCOM) Certification in Supply Chain and Operations Management Training (CISCOM)

5 days, 07 - 11 May, 2018 

2018-05-07 12:05:00
Lagos State, Nigeria

TSI Limited

CISCOM is the FIRST certification to combine the supply chain management and operations management bodies of knowledge into a single integrated training program. Relevant, Current, Effective- The ...

Excel for Accountants Excel for Accountants

3 days, 23 - 25 Jul, 2018 

2018-07-23 12:07:00
Lagos State, Nigeria

TSI Limited

Microsoft Excel is an electronic spreadsheet. You can use it to organize your data into rows and columns. You can also use it to perform mathematical calculations quickly. Since a large chunk of the ...