IBF SUMMER PROGRAMME

Kuala Lumpur
Malaysia

A Comprehensive Five-Day
Intensive Programme on
Islamic Banking & Finance
27th June to 1st July 2011
At the Sunway Hotel Resort & Spa
Sunway Lagoon, Kuala Lumpur
MALAYSIA

ORGANISED BY

53 Jalan Setiamurni 1, Bukit Damansara
50490 Kuala Lumpur,
Malaysia
Tel No: + 6012 312 1211
17-1, First Floor, D'Bayu,
Jalan Serambi U8/21, Bukit Jelutong,
40150 Shah Alam, Selangor, Malaysia
Tel: +603 7842 5187, +6012 212 5405
Fax: +603 7847 3214, +603 7842 5201
email: muamalah_consulting@hotmail.com
http://muamalahconsulting.tripod.com
82 B/1 Bauddhaloka Mawatha
Colombo 4, SRI LANKA
Tel: +94 773 501 246, +94 11 5842887
Fax: +94 11 5350589
email: info@utoeduconsult.com
www.utoeduconsult.com
Course Introduction Who Should Attend
• Islamic Bankers
A Course conducted by highly experienced practitioners in Islamic Finance including a Sukuk Pioneer
and an Islamic Offshore Banking Expert from Malaysia, a pioneer of Islamic banking in Sri Lanka, and • Corporate Financiers
a senior Islamic Banker from Abu Dhabi. Very comprehensive coverage of all areas of Islamic finance • Investment Bankers
including Islamic international banking, Sukuk and the Islamic capital market, Islamic syndications, • Corporate Bankers
Islamic retail and corporate banking, Islamic credit cards, Islamic Contract Financing, Islamic Risk • Commercial Bankers
Management, Shariah compliance audits, Islamic legal documentation, Islamic stockbroking and • Private Bankers
equity capital market instruments, Islamic wealth management, Islamic venture capital, and Takaful. • Compliance Officers
Hands on knowledge transfer will be enforced by relevant case studies and presentations. Participants • Shariah personnel
will bring back knowledge and information packed Course manuals that will be useful for any financial • Regulators
institution’s library. Knowledge delivered by experienced practitioners without holding back for the • Analysts
betterment of the industry. • Portfolio Managers
• Consultants & Legal practitioners
•
Profile of Speakers •
Investment Advisors
Government representatives
ABDUL RAIS ABDUL MAJID • Accountants & Auditors
• Academics
Abdul Rais Abdul Majid is Director/CEO, AssetCell Capital Sdn. Bhd,
He also serves as Associate Director to Muamalah Financial
Consulting. Prior to this, he was Senior Vice President/Head of MUHAMMAD ZAHID ABDUL AZIZ
International Banking and Head of Investment Banking at Bank
Muamalat Malaysia Berhad. He has also served previously as the Muhammad Zahid Abdul Aziz holds a Bachelors Degree in
first Chief Executive Officer of the International Islamic Financial Economics from University of Exeter, United Kingdom. After
Market (IIFM), an international organization based in Bahrain, graduating in 1977, he joined Arthur Young & Co., London Office.
which was established as a standard setting body to issue He joined Arab Malaysian Merchant Bank Kuala Lumpur in 1992
guidelines and promote the creation and global trading of Islamic and later joined Bank Islam Malaysia Berhad (BIMB) in 1990 where
capital market instruments. Mr. Abdul Rais has more than thirty- he pioneered and helped develop Islamic Corporate Banking
five years experience in the financial sector and has served in specializing in Islamic Syndications and Sukuk Issuance. He left
various international locations, with Bank Bumiputra Malaysia BIMB in 2000 to form Muamalah Financial Consulting Sdn Bhd., an
Berhad, (now CIMB Bank.) including its New York branch and Islamic Financial and Capital Market Consultancy, Training and
subsequently as Chief Executive Officer of BBMB International Shariah Advisory company. The Company is licensed by the
Bank (L) Ltd and CEO of BBMB International Trust Limited in Securities Commission of Malaysia as Shariah Adviser for Sukuk and
Labuan International Offshore Financial Centre. Islamic Unit Trusts. From 2006 to 2009, he was based in Riyadh as
Head of InvestmentBanking/Sukuk Origination for Al Bilad
Mr. Abdul Rais has presented a number of papers on Islamic capital Investment Company Ltd, a CMA licensed wholly owned subsidiary
markets and risk management at international conferences in of Saudi Arabia's Bank Al Bilad, after which he returned to Malaysia
London, Bahrain, Dubai, Doha, Jeddah Singapore, Kuala Lumpur, to resume his position at Muamalah Financial Consulting.
Jakarta, Brunei and other locations. Mr. Abdul Rais holds a
Master’s Degree in Business Management from the Asian Institute Zahid is presently a post-graduate student in Islamic Finance at
of Management, Manila, Philippines and a Bachelor’s Degree in IIUM, Malaysia whilst also being a renowned international lecturer
Social Science from University Sains Malaysia in Penang, Malaysia. in the subject having also taught in Dubai, Korea, Singapore,
Indonesia and Brunei. His areas of expertise and the courses he
conducts include, Sukuk, Islamic Capital Market, Islamic Equity
ISHRAT RAUFF Instruments, Islamic Corporate Financing, Fundamental Muamalat,
Islamic Asset Backed Securitisation, Islamic Stockbroking, Islamic
Ishrat Rauff is the holder of an Honours degree in Civil Engineering Legal Documents, Islamic Financing Restructure, Takaful and
from Imperial College of Science & Technology, London. He Islamic Economics.
obtained his Associateship of the Chartered Institute of Bankers,
UK and possesses a Masters Degree in Business Administration
(MBA) from the Melbourne Business School, University of
M T NILAMDEEN
Melbourne. Ishrat counts over twenty years in the financial
industry in areas as diverse as Stock broking, Corporate Credit,
Foreign Exchange Trading, Treasury Management, Fund M T Nilamdeen is a Senior Vice President of Abu Dhabi Islamic Bank
Management and Investment Banking. Having commenced his (ADIB), which is one of the largest Islamic Bank in the world. He has
career in at an international bank, he currently specialises in the held several senior positions mainly in the financial sector in a
field of Islamic Finance, having spent over a decade in the industry. career that has spanned over 30 years. These included stints at
Ishrat has been responsible for the start-up of three companies American Express Bank, National Bank of Abu Dhabi, Union Bank of
within the Amana group of companies, which pioneered Islamic Colombo. Nilamdeen holds a Masters Degree in Business
Finance in Sri Lanka and has served in the capacity of Founder-CEO Administration from the Institute of Business Administration (IBA),
in these organisations. He has previously held the post of University of Karachi, which is an affiliate of the University of
Managing Director of Amana Securities Ltd., a Trading Member of Southern California (USA).
the Colombo Stock Exchange (CSE) and Vidullanka PLC, a company
listed on the CSE. He is currently the Managing Director/CEO of Adl During his working career, he has been responsible for the setting
Capital Limited, which is licensed by the Securities & Exchange up of several divisions and the introduction of new products at the
Commission of Sri Lanka as a Market Intermediary and also serves institutions that he has served. These include various innovations
on the boards of several other companies. in the field of Islamic Banking & Finance.
 Programme
DAY 1 DAY 2
SESSION 1 Introduction to Islamic Finance, SESSION 1 Islamic Wealth Management -Wealth Creation,
Shariah and Legal Framework Preservation and Distribution. Alternative Investment Instruments
- Unit Trusts/Mutual Funds, Gold, REIT's, Real Estate, Private Equity,
Muhammad Zahid Abdul Aziz
Abdul Rais Abdul Majid Ishrat Rauff

SESSION 2 Islamic Retail & Corporate Financing SESSION 2 Islamic Stock Broking & Equity Capital Market
Principles Products - White Lists, Stock Screening Process
Purification Ratios and Margin Trading, Islamic Indices
Abdul Rais Abdul Majid
Ishrat Rauff

SESSION 3 Introduction to Takaful - Basic concepts, SESSION 3 Islamic International Finance

Shariah Concepts in Different Countries, Key Issues
Muhammad Zahid Abdul Aziz
Introductory Concepts, Eurodollar markets,
Country Limits and Interbank Lines, Risk Ratings,
Regulatory Insitutions, Liquidity Issues, Current
Issues in International Islamic Finance
Abdul Rais Abdul Majid

SESSION 4 Interactive Session/Distribution of Case SESSION 4 Case Study Offshore Jurisdictions

Studies - An Islamic Finance Perspective
Abdul Rais Abdul Majid Abdul Rais Abdul Majid
Ishrat Rauff Muhammad Zahid Abdul Aziz

DAY 3
SESSION 1 Islamic Finance Syndications -
Why Syndicate?, Capital Structure of IFI's, BIS
and IFSB Guidelines, Structure of Syndications,
Role of Financial Advisors, Key Issues, Common Pitfalls
Abdul Rais Abdul Majid
DAY 4
SESSION 1 Islamic Capital Market and Sukuk - Definition,
Sources of Hukum Riba, Maisir, Gharar Int’l Supervisory
Organizations - AAOIFI, IFSB, etc.
Muhammad Zahid Abdul Aziz

SESSION 2 Risk Management - Islamic Liquidity &
Treasury Management, Money-Market
Instruments,Sukuk Trading, Islamic
Derivatives
Abdul Rais Abdul Majid
SESSION 2 International Sukuk Issues - Structure,
Malaysia Global Sukuk Inc. Sovereign Sukuk
Investment Dar Sukuk Musharaka / Sovereign Sukuk Ijara
IDB Sukuk Istithmar / Bahrain Salam Sukuk
Paka Capital Exchangeable Sukuk / SABIC/SEC Saudi Sukuk
Istithmaar / Dar-AlArkan Sukuk
Muhammad Zahid Abdul Aziz

SESSION 3 Islamic Legal Documentation SESSION 3 Overview of an International Placement Memo

AAOFFI Sukuk Rulings/OIC Fiqh Academy Rulings
Overview of International Sukuk Defaults -
Legal and Documentation issuues
Muhammad Zahid Abdul Aziz
Muhammad Zahid Abdul Aziz

SESSION 4 Case Studies - Application of Islamic SESSION 4 Case Study - Classical Musharakah Sukuk
Finance Principles. Team Exercises
Muhammad Zahid Abdul Aziz
Ishrat Rauff

DAY 5
SESSION 1 o Venture Capital Finance in Islamic Banking o Islamic Credit Cards M T Nilamdeen

SESSION 2 o Construction/Contract Financing o Facilitating an Overdraft in IF M T Nilamdeen

o Shariah Compliance Audit o Case Studies Presentations by Teams Ishrat Rauff

SESSION 3
SESSION 4 Program Evaluation followed by Presentation of Certificates and Fellowship
 ACCOMMODATION
REGISTRATION Fees does not include accommodation
The organisers have arranged
th th
We wish to register Register Before 5 May2011 Register After 5 May 2011 preferential rates for our participants at
Sunway Hotel Resort and Spa, Kuala
□ 1 delegate US$3,050 SAVE US$150 US$3,200 Lumpur, Malaysia. Kindly liaise directly
□ 2 delegates US$5,950 SAVE US$450 US$6,080 SAVE US$320 with the hotel for your accommodation
□ 3 delegates US$8,740 SAVE US$860 US$8,930 SAVE US$670 reservations and payments. Please see
details on the reservation forms
□ 4 delegates or more US$9600 SAVE US$3,200 US$9,600 SAVE US$3,200
attached.
Company Name & Address :

Contact Person (Please state Name, Department, Designation, Email Address & Telephone)

Delegate Name Designation/Job Title Email Address Telephone

1.
2.
3.
4.
5.
Please fax this form to +603 7842 5201 or +603 78473214 or +94 11 5350589 or
Scan and email to muamalah_consulting@hotmail.com or rozana@utoeduconsult.com

PAYMENT Registration fee should be sent via bank remittance to :

Account No : 0920085849 Account No : 0550 11 0002099

Account Name : UTO EduConsult (Pvt) Ltd Account Name : Muamalah Financial Consulting Sdn Bhd
Swift Code : HBLILKLX OR Swift Code : EOBBMYKL
Bank : Hatton National Bank Ltd. Bank : EONCap Islamic Bank,
Thimbirigasyaya Branch, Cawangan Jalan Tun Tan Cheng Lock,
138 B, Havelock Road, No.9, Jalan Tun Tan Cheng Lock,
Colombo 5, Sri Lanka.
50000 Kuala Lumpur
You will receive a confirmation of your registration when payment is recived
All telegraphic transfer fees will have to be borne by the delegates/sponsoring organisations

TERMS & CANCELLATION POLICY

• In the event a participant is unable to attend the course a replacement can be nominated in
his/her place.
• Cancellation of a confirmed participant has to be notified 21 days prior to the course date
either by fax or email. A refund of the registration fee will be made after retaining 5% as
administration fee.
• No refunds will be made for no shows and cancellations within 21 days of the course date.
• The organisers reserve the right to amend the published program, dates or speaker.
• If the course is postponed for whatever reason bookings will be automatically transferred to
the new course date. Participants who do not wish to transfer to a different date will be given a
full refund.
• In the event the course is cancelled by the organisers due to unforeseen circumstances, the
organisers are liable only to refund the participation fees of the course.
For further information please contact:
In Malaysia - Zahid Aziz on +6012 212 5405 Email muamalah_consulting@hotmail.com
Rais A Majid on +6012 312 1211 Email araismajid@yahoo.com
In Sri Lanka - Rozana on +94773 501 246 Email rozana@utoeduconsult.com