Course details
The Arbitration and legal analysis of Islamic financial contracts course provides a comprehensive understanding of arbitration for selected Islamic financial contracts and its legal analysis. The course highlights to participants the importance of Shariah standards and explains its relationship with civil law. Legal implications and issues that may arise from certain procedures is also covered together with its mitigation alternatives. Two Islamic finance modes are scrutinised: Murabahah to the purchase orderer and Ijarah Muntahia Bittmaleek.
Learning Outcomes
On successful completion of this course, participants will be able to:
- Explain the essentials of two of the most widely uses modes in Islamic finance
- Infer laws taken from the AAOIFI Shariah standards and contrast them with the civil law that are tied to the Islamic modes of finance discussed
- Analyse the practical aspects of the Islamic finance modes discussed and evaluate them from a legal perspective
- Discuss specific issues related to the legal aspects of Islamic finanical transcations? such as the problems that relate to the translation of such contracts from Arabic to English and find a solution
Target Audience
This course is for inpiduals that come from and may not be limited to: the legal department of Islamic banks, leasing and financing companies, practitioners who work in the finance and investment departments of Islamic banks, staff of leasing and financing companies, practitioners who work in various investment funds, lawyers and experts, students of law and finance, members of the Shariah supervisory boards and Shariah audit.
Entry Requirements
None required
Updated on 08 November, 2015Course Location
About Bahrain Institute for Banking & Finance
We_They plays a vital role in the training and development of human capital in the Kingdom of Bahrain. Our commitment to excellence has strengthened our position as the top provider of quality education across all major business disciplines. We serve as a partner to numerous world-class institutions; delivering thought leadership, research and advisory, assessment and training in the areas of Accounting and Finance, Academic, Executive Development, Banking, Leadership and Management, Insurance, Islamic Finance and Information Technology; resulting in a complete business solution.
We_They covers a wide spectrum of subject matter, with over 300 different courses offered to the financial and corporate market; tailor-made training solutions based on organisational requirements; specialised programmes taught by leading market specialists; and professional qualifications and degree programmes in partnership with major international organisations.
We_They continues to exceed global benchmarks for many of the qualifications it offers with its affiliates.
Since its inception in 1981, We_They has grown from training 450 applicants a year primarily within the banking industry, to 20,000 drawing participants from all sectors of the economy, and are proud to have qualified over 200,000 learners in the last 3 decades.
Our faculty comprise of market practitioners, academics and qualified senior industry professionals. Their perse backgrounds ensure an enriched participant experience, striking the perfect balance between theory and practice.
We_They has made its mark internationally with clients in Asia, Africa, Europe, USA and the Middle East, well on its way to becoming the global institute of choice.
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