Session 1: Shariah Requirements, Optional Practices and Arrangement for Hibah, Wadiah, Qard & Rahn
Identifying opportunities for banks to incorporate Hibah, Wadiah, Qard and Rahn structures and features
Examining and evaluating recent Shariah requirements for Hibah, Wadiah, Qard and Rahn
Discussing the arrangement of Hibah, Wadiah, Qard and Rahn structures and identifying key Shariah issues
Assessing the incorporation of Hibah, Wadiah, Qard and Rahn with each other as well as other contracts
Evaluating Shariah issues associated with dissolution and completion of Hibah, Wadiah, Qard and Rahn
Ensuring Shariah compliance throughout product development and facilitation
Associate Professor Dr Rusni Hassan —Deputy Dean IIUM Institute of Banking & Finance and member, Shariah Advisory Council, Bank Negara Malaysia
11:15 – 11:45
Coffee and Networking
11:45 – 1:00
Session 2: Shariah Requirements, Optional Practices and Arrangement for Wakalah & Kafalah
Identifying opportunities for banks to incorporate Istisnah and assessing its convertibility into Tawarruq structures
Examining and evaluating recent Shariah requirements for Istisnah
Discussing the arrangement of Istisnah and identifying key Shariah issues
Assessing the incorporation of Istisnah with other contracts
Evaluating Shariah issues associated with dissolution and completion of Istisnah
Ensuring Shariah compliance throughout product development and facilitation
Associate Professor Dr Aishath Muneeza — International Centre for Education in Islamic Finance
1:00 – 2:15
Luncheon
2:15 – 3:30
Session 2: Shariah Requirements, Optional Practices and Arrangement for Wakalah & Kafalah(continued) Associate Professor Dr Aishath Muneeza — International Centre for Education in Islamic Finance
3:30 – 4.00
Coffee and Networking
4:00 – 5:00
Session 3: Addressing Shariah Audit Issues and Management for Hibah, Wadiah, Qard, Rahn, Wakalah & Kafalah
Identifying real-life Shariah audit hotspots in Islamic banking operations for the above products and features
Effectively undertaking steps towards Shariah risk management and mitigation
Incorporating Shariah compliance and Shariah non-compliance reporting
Wan Rizaidy Wan Sauf — Advisor, Capital Markets Unit, Monetary Authority of Brunei Darussalam