Course details
The Islamic international trade finance course provides a detailed overview of Islamic international trade financing and the risks associated with it. The course covers all of the various types of letters of credit that are utilised by Islamic financial institutions, whether it uses the underlying contract of Murabahah, Musharakah or Ijarah Muntahia Bittamleek, including its mechanisms and calculation. The course gives insight on Islamic trade finance operations, enabling them to differentiate between the conventional and Islamic approaches while appreciating the strenghts of Islamic trade finance. This course will also discuss the relationship between treasury functions as well as legal aspects of Islamic trade financing.
Learning Outcomes
On successful completion of this course, participants will be able to:
- Recognise the Islamic concepts and techniques relevant to issuing a letter of credit
- Describe the significance of Islamic trade finance operations
- Discuss the various international trade finance products used in Islamic financial institutions
- Examine the key risks in a trading transaction and provide a solution on their mitigation, which includes compliance with UCP rules
- Identify the required shipping documents under the Islamic mode of finance such as the Murabahah letter of credit
- Explain the treasury implications and legal aspects of Islamic trade financing
Target Audience
This course is for inpiduals who would like an in-depth understanding of trade finance from the point of view of Islamic finance. This may include but not be limited to: credit and marketing officers, operational risk oficers, staff working in credit administration, officers and staff working in banking operations, auditors and internal control officer, any inpidual whose work is related to trade finance, and inpiduals whose banks are about to establish an Islamic window or convert to an Islamic bank.
Entry Requirements
Introduction to Islamic Banking and Finance ? PART 1 600E
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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