REDmoney Events
  • Home
  • Past Events
  • Past Trainings
  • How We Do It
  • Accommodation
  • Contact us
  • About Us
seminar logo

Recovery of Islamic Finance Facilities
A Three-Part Online Training Program

Date:  22nd - 24th July 2020
2.30pm – 5.45pm, ONLINE
AICB 6 CPD Hours

Download Brochure

PROGRAM INTRODUCTION

The Islamic finance industry faces the same fundamental challenges and risks as that of conventional finance, including whether or not clients can fulfil their repayment obligations and when. However, recovery under Islamic finance principles is a significantly more sensitive undertaking and Islamic banks have to be very careful about how they approach the recovery process. Given the lack of precedent in such cases, effective documentation and a clear understanding of Shariah principles and other regulations is essential.

This intensive three-part online training program will provide delegates with a clear understanding of the key regulatory and Shariah issues surrounding the recovery of Islamic facilities as well as crucial legal, procedural and documentation issues to consider when defaults or problems occur. Real-life case studies will be used to examine important precedents and to develop delegates’ understandings of the application of these principles.

KEY LEARNING OUTCOMES

  • Identify the common mistakes and pitfalls in legal documentation
  • Recognize dispute resolution options in the case of Islamic financial products
  • Assess key aspects of sale and non-sale Islamic finance contracts
  • Evaluate Ibra, Tawidh & Gharamah concepts and their practical aspects
  • Understand vital considerations of recovery for lease contracts, hybrid and equity contracts
  • Analyze the enforceability of Shariah non-compliance contracts in Malaysia

Fee

1 participant: RM1,400
2 participants: RM1,260 per participant
3 participants: RM1,190 per participant
4 participants: RM1,120 per participant
5 participants: RM1,050 per participant

Early Payment Discount: Payments made on or before 15th July will receive a 5% discount
* Further attractive packages are available for groups of more than five. Please contact us directly

In-house/group training

If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More

Manual Registration

Kindly complete the registration form and email to [email protected] or fax +603 2162 7810

Online Delivery

For enquiries please contact:

Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44

Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For sponsorship & speaking opportunities:

Andrew Tebbutt

Managing Director
[email protected]
Direct Line: +603 2162 7802

For marketing and media enquiries

Govina Selvanthran

Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22

AICB_9_CPD-Hours-OL

Download Brochure

PROGRAM INTRODUCTION

The Islamic finance industry faces the same fundamental challenges and risks as that of conventional finance, including whether or not clients can fulfil their repayment obligations and when. However, recovery under Islamic finance principles is a significantly more sensitive undertaking and Islamic banks have to be very careful about how they approach the recovery process. Given the lack of precedent in such cases, effective documentation and a clear understanding of Shariah principles and other regulations is essential.

This intensive three-part online training program will provide delegates with a clear understanding of the key regulatory and Shariah issues surrounding the recovery of Islamic facilities as well as crucial legal, procedural and documentation issues to consider when defaults or problems occur. Real-life case studies will be used to examine important precedents and to develop delegates’ understandings of the application of these principles.

KEY LEARNING OUTCOMES

  • Identify the common mistakes and pitfalls in legal documentation
  • Recognize dispute resolution options in the case of Islamic financial products
  • Assess key aspects of sale and non-sale Islamic finance contracts
  • Evaluate Ibra, Tawidh & Gharamah concepts and their practical aspects
  • Understand vital considerations of recovery for lease contracts, hybrid and equity contracts
  • Analyze the enforceability of Shariah non-compliance contracts in Malaysia

Who Will Benefit

This course is relevant to personnel in the relevant functions of:

  • Retail, commercial and SME Islamic banking
  • Credit administration & credit recovery
  • Credit control & collections
  • Accounts receivable
  • Operations
  • Compliance
  • General counsel

Program Format

This three-part training program will be delivered online through a stable, secure and free-to-access platform. The program itself will be delivered through lectures, worked examples and case studies in order to ensure a detailed and practical understanding of the program content. Participants will have plenty of opportunity to ask questions and interact with the program director. Login details and program materials will be sent to participants upon receipt of payment

Fee

1 participant: RM1,400
2 participants: RM1,260 per participant
3 participants: RM1,190 per participant
4 participants: RM1,120 per participant
5 participants: RM1,050 per participant

Early Payment Discount: Payments made on or before 15th July will receive a 5% discount
* Further attractive packages are available for groups of more than five. Please contact us directly

In-house/group training

If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More

Manual Registration

Kindly complete the registration form and email to [email protected] or fax +603 2162 7810

Online Delivery

AGENDA

Part One: 22nd July

1:55pm - 2:00pm
Welcome & Introduction
2:00pm - 3:30pm
Session One: Breaking Down the Regulatory Framework of Islamic Banking in Malaysia
  • Analyzing the Islamic Financial Services Act (IFSA) 2013
  • Rules of Court 2012
  • Discussion on other statutes and the roles they play in developing the regulatory framework
3:30pm - 3:45pm
Break
3:45pm – 5:15pm
Session Two: The Role of Shariah Advisory Councils
  • Understanding the position of the Shariah Advisory Councils (SAC)
  • Referral to the Shariah Advisory Councils (SAC)
  • Discussion on important decisions of the court
5:15pm - 5.30pm
Conclusion & Questions

Part Two: 23rd July

1:55pm - 2:00pm
Welcome & Introduction
2:00pm - 3:30pm
Session One: Pleading Correctly
  • Taking the right course of action
  • Pleading the case correctly
  • Discussion on important decisions of the court
3:30pm - 3:45pm
Break
3:45pm – 5:15pm
Session Two: Recovery for Sale Contracts
  • Discussion on Ibra, Tawidh and Gharamah
  • Calculation of Ibra, Tawidh and Gharamah
  • Discussion on important decisions of the court
5:15pm - 5.30pm
Conclusion & Questions

Part Three: 24th July

1:55pm - 2:00pm
Welcome & Introduction
2:00pm - 3:30pm
Session One: Recovery for Lease Contracts
  • Discussion on the new structure
  • Recovery for lease contracts
  • Process flow for lease contracts recovery
3:30pm - 3:45pm
Break
3:45pm – 5:15pm
Session Two: Recovery for Equity and Other Contracts
  • Discussion on the structure of these important contracts
  • Recovery considerations for pure equity contracts
  • Recovery considerations for hybrid contracts
  • Recovery considerations for other contracts
5:15pm - 5.30pm
Conclusion & Questions

EXPERT COURSE DIRECTOR


Dr. Mohd Johan Lee 
Managing Partner, J Lee & Associates

Johan is the managing partner of J. Lee & Associates, a legal firm in Malaysia. He graduated with LLB (Hons) Johan is the managing partner of J. Lee & Associates, a medium-size award-winning legal firm in Malaysia. The firm is now a member of Primerus law, an international legal chambers group consisting of the finest law firms worldwide. Primerus law is one of the top three biggest legal firm groups in the world.

He graduated with LLB (Hons) degree from International Islamic University Malaysia. He also holds a Master of Comparative Laws degree, a post-graduate Diploma in Shariah and Legal Practice both of which from International Islamic University Malaysia, an MA in Economics for Competition Law from King’s Collage London and a Ph.D. in Business and Commercial Law from Monash University Australia. He is currently a qualified member of the Chartered Institute of Arbitrators, UK as well as a mediator of the Malaysian Bar. He is an advocate and solicitor of the High Court of Malaya, the Shariah Court and the Supreme Court of Brunei.

He lectures part-time at several local law schools (namely IIUM for the LLM, Unisza and UM for the LLB programmes) and in the IiBF of IIUM for the MSc.in Islamic Banking programme. He also occasionally conducts in-house trainings to various Islamic banking institutions worldwide, governmental and semi-governmental institutions. He has lectured and provided training in the Institute Latihan Kehakiman (ILKAP) as well as Jabatan Kehakiman Syariah Malaysia (JKSM) for both civil courts and Shariah courts judges concerning Islamic banking. He has also trained the officers from BNM, and all local banks and several other central banks throughout the world on Islamic Banking. In 2006, he was a visiting scholar to the Asian Law Centre of the University of Washington. He is currently a shariah consultant to several governmental agencies as well as government-funded banks. Besides, he was a member of the Board of Studies of the Institute of Islamic Banking and Finance, International Islamic University Malaysia for the 2010-2012 tenure. He was also a member of the Board of Studies of the Faculty of Law of University Malaya for the 2015-2017 tenure. He was in the syllabus endorsement committee in for the INCEIF, and the CIMA. He is recently accredited as a senior trainer of the IBFIM and a trainer of the Associations of Shariah Advisors (ASAS), Malaysian Institute of Accountants (MIA) and the Institute of Internal Auditors Malaysia (IIA). He was on the committee of the law reform committee established by the Attorney General office. He has recently been awarded the prestigious award of Islamic Finance Expert by LEGALS FINEST International.

Johan is now a member of the Shariah Advisory Council (SAC) of the Association of Islamic Banks Malaysia (AIBIM). Also, he is a consultant to several law firms and practices in Malaysia, Brunei, Singapore, Indonesia and the UK. He has drafted and developed numerous Islamic banking legal documents and products in Malaysia and overseas. Johan is a director of the IIUM Shariah Advisory Services Sdn. Bhd.

WHO WILL BENEFIT

This course is relevant to personnel in the relevant functions of:
  • Retail, commercial and SME Islamic banking
  • Credit administration & credit recovery
  • Credit control & collections
  • Accounts receivable
  • Operations
  • Compliance
  • General counsel

PROGRAM FORMAT

This three-part training program will be delivered online through a stable, secure and free-to-access platform. The program itself will be delivered through lectures, worked examples and case studies in order to ensure a detailed and practical understanding of the program content. Participants will have plenty of opportunity to ask questions and interact with the program director. Login details and program materials will be sent to participants upon receipt of payment

For enquiries please contact:

Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44

Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For sponsorship & speaking opportunities:

Andrew Tebbutt

Managing Director
[email protected]
Direct Line: +603 2162 7802

For marketing and media enquiries

Govina Selvanthran

Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22

About Us

REDmoney Events designs, organizes and hosts industry-leading conferences, forums, roadshows and seminars focusing on the Islamic financial markets across a global, regional and national level.

+603 2162 7800
[email protected]

Our Publications

  • Islamic Finance news
  • IFN Investor
  • IFN Sustainable
  • IFN Fintech

Recent Tweets

Islamic Finance News

@ifn_news ·
11 Sep

We are pleased to welcome Suleman Muhammad, Head of Islamic Products and Segments, NBO Muzn Islamic Banking to the speaker line-up for the #IFNOmanForum2026, taking place in Grand Hyatt Muscat on 14th September 2026.

FREE registrations now open: https://redmoneyevents.com/event/ifnoman2026/

Islamic Finance News

@ifn_news ·
11 Sep

We are pleased to welcome Suad Al Balushi, FRM, ACI, Chief Financial Officer, Oman Housing Bank | بنك الإسكان العُماني and President, ACIFMA Oman Chapter to the speaker line-up for the #IFNOmanForum2026, taking place in Grand Hyatt Muscat on 14th September 2026.

Islamic Finance News

@ifn_news ·
11 Sep

We are pleased to welcome Abbas Ali, Chief Investment Officer, Ubhar Capital to the speaker line-up for the #IFNOmanForum2026, taking place in Grand Hyatt Muscat on 14th September 2026.

FREE registrations now open: https://redmoneyevents.com/event/ifnoman2026/

Islamic Finance News

@ifn_news ·
11 Sep

Central bank proposes lighter Sukuk rules, temporary incentives to build Philippine market

Read our full daily cover story here: https://www.islamicfinancenews.com/central-bank-proposes-lighter-sukuk-rules-temporary-incentives-to-build-philippine-market.html

LATEST POSTS

September has got off to a strong start for dollar September has got off to a strong start for dollar-denominated Sukuk, with issuance in the first week already matching the combined total raised in July and August.

Four benchmark Sukuk have been printed so far this month: the Islamic Development Bank (IsDB)’s US$1.5 billion offering, its second in 2026; Arab National Bank’s US$750 million Additional Tier 1 Sukuk; Kuwait International Bank’s (KIB) unsecured US$500 million paper; and the Saudi government’s US$3.25 billion Sukuk. The dollar pipeline is looking promising with alrajhi bank preparing to tap the market with a Tier 2 social Sukuk.

The Saudi government issuance is notable given that Fitch Ratings had said in July that it was not anticipating any new public external US dollar sovereign Sukuk in the second half of 2026, after Saudi Arabia concluded its funding plan. Malaysia’s US$1.5 billion return to the dollar Sukuk market in July was similarly notable, coming after a five-year hiatus.

Read our full daily cover story here: https://www.islamicfinancenews.com/dollar-sukuk-shrugs-off-market-volatility-with-promising-september-start.html
Who deserves to be recognised as the leading servi Who deserves to be recognised as the leading service provider in Islamic finance? 

The IFN Service Providers Poll 2026 is officially open, and we want to hear from you. 

🗝11 categories 
🗝Global participation 
🗝One opportunity to recognise the organisations shaping the Islamic finance industry 

Voting closes 30 September 2026: https://awards.islamicfinancenews.com/vote/ifn-service-providers-poll-2026 

Make your voice count. Vote today. 

#IFNServiceProvidersPoll2026 #IFNAwards2026
The IFN Law Awards 2026 is now open for submission The IFN Law Awards 2026 is now open for submissions. 

We are once again recognising the law firms, legal teams and practitioners who have played a leading role in shaping and facilitating Islamic finance transactions over the past year.

If your firm has been involved in a landmark Islamic finance transaction between 1 July 2025 and 30 June 2026, we invite you to put your work forward for recognition. 

Submissions: 1 September – 2 October 2026 

Submit your entry and showcase your contribution to the continued development of the Islamic finance industry: https://www.islamicfinancenews.com/ifn-law-awards 

#IFNLawAwards2026 #IFNAwards2026
We are pleased to welcome Anita Wieja-Caruba, Expe We are pleased to welcome Anita Wieja-Caruba, Expert - CEO Office, Capital Market Authority to the speaker line-up for the IFN Middle East Issuers & Investors Forum 2026 taking place in Palazzo Versace Dubai on 22nd September 2026.

FREE registrations now open: https://redmoneyevents.com/event/ifnme2026/

#IFNMiddleEastIssuersInvestorsForum2026 #REDmoneyEvents #REDMoney #IFN #Finance #Dubai
We are pleased to welcome Muzzammil Dhedhy, Execut We are pleased to welcome Muzzammil Dhedhy, Executive Director and Chief Risk and Compliance Officer, Hejaz Group to the speaker line-up for the IFN Middle East Issuers & Investors Forum 2026 taking place in Palazzo Versace Dubai on 22nd September 2026.

FREE registrations now open: https://redmoneyevents.com/event/ifnme2026/

#IFNMiddleEastIssuersInvestorsForum2026 #REDmoneyEvents #REDMoney #IFN #Finance #Dubai
We are pleased to welcome Salah Al Aradi, Head of We are pleased to welcome Salah Al Aradi, Head of Treasury - TIBIG & Member, Treasurers Committee - Oman Banks Association to the speaker line-up for the IFN Oman Forum 2026, taking place in Grand Hyatt Muscat on 14th September 2026.

FREE registrations now open: https://redmoneyevents.com/event/ifnoman2026/

#IFNOmanForum2026 #REDmoneyEvents #REDMoney #IFN #Finance #Muscat
  • Home
  • Past Events
  • Past Trainings
  • How We Do It
  • Accommodation
  • Contact us
  • About Us