The Islamic liquidity and treasury management course is designed to stimulate the thinking process and individual abilities of participants in relations to the development and structuring of treasury products from the perspective of liquiduty, risk and asset-liability management for Islamic financial institutions.
On successful completion of this course, participants will be able to:
- Examine and Illustrate the key stages in liquidity and treasury management applied by Islamic financial institutions
- Discuss the characteristics of a wide range of Islamic contracts and their application in developing treasury products
- Explain and apply the techniques of hedging market risks in the utilisation of synthetic commodity transactions and built-in provisions in various underlying contracts
- Explain the process of structuring Islamic investment certificates or sukuk and their application in balance sheet management
- Key nominate contracts utilised: Murabaha, bai al salam, istisna', mudharaba, musharaka, wakala, tawarruq, ju'alah, bai al arboon
- Sources and mobilsation of funds of Islamic financial institutions
- Investments in commodity warrants
- Cash management and money market instruments
- Sukuk for asset and liabilty management
- Risk management in Islamic financial institutions: mitigating currency exposure, price volatility, hedging techniques and exposure using tawarruq, price risk mitigation in salam, Islamic FX option, profit rate swaps, risk participation, debt trading, account to account trading, intetest rate arbitrage
This course is for individuals who would like to gain an in-depth understanding of the area of Islamic liquidity and treasury management in Islamic banking. This may include and may not be limited to: investment managers, fund managers, treasury staff, risk managers, or any individual whose work is related to treasury and liquidit management.
Introduction to Islamic Banking and Finance-Level 1 600E
Where the applicant does not have the prerequisites stated above, BIBF may require applicants to take and pass a pre-course assessment in order to be admitted to the course. Candidates are responsible for ensuring that they meet the pre-requisites before registering in courses.
The course is conducted using a combination of lectures, discussions, case studies, and an end of course assessment. Additional self-study hours of approximately 4 hours are also expected.
Note: This course is examinable
3 Days (5 hours per day) with the exam on the final day
Kamal AbdelKareem Hassan, Debt and Capital Markets, Kuwait Finance House