Structuring Sukuk

Course details

The workshop will include hands-on case studies of actual deals, as well as generic exercises and will give participants the opportunity to demonstrate their understanding of deals through group workings and general discussions.

Objectives

Upon the completion of this course, the participant will be able to:

• Gain a comprehensive understanding of the burgeoning Sukuk product as it continues to unfold within the parameters promulgated by the AAOIFI Shar’ia standards
• Make a complete coverage of the salient legal and credit aspects relating to varying Sukuk structures possible under different Shar’ia contracts
• Evaluate the trends in the Sukuk market with a focus on the benefits, costs and risks from the issuer’s as well as the investor’s viewpoints
• Discuss the potential of Sukuk in the restructuring and / or management of the balance sheets of Islamic banks

Content Highlights

• Practical application of Islamic finance contracts as a basis for Sukuk activities
• Sukuk, current market overview
• Sukuk and their roles
• Cases
• Legal issues in Sukuk
• Sukuk in financing choices
• Tax and regulatory aspects and tradability
• Role of Sukuk in the development of capital markets in the Islamic world

Target Audience

• Credit Officers; Marketing Officers; Shar’ia Scholars; Internal Shar’ia Reviewers/Officers; Asset and Fund Managers; Risk Managers; Bankers

Course Structure

• A combination of lectures, discussion and cases