The BIBF holds Sukuk Structuring Masterclasses for Lawyers in Dubai

The Bahrain Institute of Banking and Finance (BIBF) has organised a training Masterclass on structuring and issuing of Sukuk to lawyers in Dubai. Conducted by BIBF’s Centre for Islamic Finance, the session aimed at raising awareness about the legal framework.

The one-day Sukuk structuring masterclass provided coverage of key aspects of Sukuk structuring and related issues, with special reference to AAOIFI related standards. This interactive and practical course was designed as a mandatory course for the lawyers by the Government of Dubai Legal Affairs Department.

The masterclass enabled participants to distinguish between conventional and Islamic capital market products, helped them familiarise with the underlying Islamic finance principles, understand the rationale behind Sharia-compliant Sukuk, and realise the Sukuk structuring process including AAOIFI guidelines and the basis of their rulings.

The session was delivered by Dr. Ahmed Asad, BIBF’s Principal Lecturer in the Islamic Finance Centre, and covered several topics, such as, Hybrid Sukuk, Sukuk Issuance, Certificates, and other Islamic finance structure.

As a professional world-class provider of education and training solutions to the financial sector in the region, the BIBF continues to provide training opportunities in more than 63 countries to reach greater strides and become the global institute of choice.