This module engages learners to re-examine extant regulatory and Shariah governance framework in the context of reviewing and formulating policies and strategies for Islamic financial services. This course presents a broad perspective with an in-depth insight of issues emanating from the principles, policies, strategy, and practices of Islamic financial institutions as well as engagement in Islamic financial services. Using case study materials and techniques, learners are encouraged to grasp the principles, highlight and analyse the issues, identify relevant constraints and variables to formulate structures, policy, strategy, and solutions to pertinent issues. The case in context discussion would vary from banking, capital markets, takaful and social finance related practices. The learning process in analysing both financial business, governance and Shariah issues are emphasized to articulate an eclectic solution in both regulator and board engagements.
Objectives
- To re-examine extant regulatory and Shariah governance framework in the context of reviewing and formulating policies and strategies for Islamic financial services
- To identify and adopt product structuring considerations as well as Shariah and regulatory requirements
- To apply and adapt principles and process of structuring in different institutions or setting
- To align structuring process to established policies and specified strategies (risk appetite) of institution.
Module Developer
Assoc. Prof. Dr. Syed Musa Syed Jaafar Alhabshi
DBA (Strathclyde,UK), BBA (Hons) (IIUM)
