Rescheduling, Restructuring & Recovery of Islamic Finance Facilities

Date: 25^th June 2026
Venue: DoubleTree by Hilton Kuala Lumpur

Classroom Training

WHY THIS COURSE?

As Islamic financial institutions mature and their portfolios expand, the incidence of payment difficulties, restructuring needs, and financing defaults becomes an inevitable part of credit operations. Unlike conventional banking, Islamic finance must navigate these challenges through the lens of Shariah principles, ensuring that any modification, restructuring, or enforcement action remains compliant while still addressing commercial realities.

However, precedent in this area remains limited, and institutions frequently face uncertainty when applying regulatory frameworks, drafting documentation, or executing recovery measures. Clear understanding of regulatory expectations, Shariah parameters, and legal procedures is therefore essential for practitioners involved in credit management, restructuring, and recovery.

This intensive one-day program provides bankers, lawyers, Shariah officers, risk managers, and product specialists with in-depth, practical knowledge of the regulatory, Shariah, and legal aspects governing the rescheduling, restructuring, and recovery of Islamic finance facilities.

Learning Objectives

By the end of this one-day intensive, participants will be able to:
- Interpret key regulatory and supervisory expectations on rescheduled and restructured (R&R) Islamic financing.
- Identify core Shariah parameters and red flags in restructuring, default management, and recovery.
- Apply practical legal procedures for managing defaults, enforcement, and recovery of Islamic finance facilities.
- Review and structure R&R documentation with awareness of Shariah, legal, and operational risks.
- Analyse realistic case scenarios to make sound restructuring and recovery decisions.

AGENDA

Regulatory and Supervisory Foundations of Rescheduling and Restructuring in Islamic Finance

Why restructuring and default are inevitable in maturing Islamic financing portfolios, and how Islamic approaches differ from conventional frameworks
Overview of Bank Negara Malaysia guidelines on Rescheduled and Restructured (R&R) financing
Distinguishing rescheduling vs restructuring: regulatory intent, supervisory implications, and impairment considerations
Governance expectations, internal approval processes, and viability assessment standards
Legal and Shariah implications under the Islamic Financial Services Act 2013 (IFSA 2013), Contracts Act 1950, and National Land Code 1965, including enforceability and compliance risks

Core Shariah Concepts and Parameters

What is and is not permissible in restructuring
Renewal, variation, novation: Shariah perspectives
Late payment treatment: Ibra’, Taʿwidh, Gharamah
Avoiding Riba, compounding, and prohibited elements

Coffee

Legal Structuring & Documentation for Rescheduling and Restructuring in Islamic Finance

Key legal documents in rescheduling and restructuring
Common pitfalls in Islamic rescheduling and restructuring documentation
Aligning legal enforceability with Shariah compliance
Security and collateral considerations
Stamp duty, fees, and statutory requirements
Risks of improper restructuring (litigation, unenforceability, Shariah breach)

Lunch

Default Management & Enforcement Essentials

Early warning signs and default triggers
Letter of Demand (LOD) and Letter of Termination (LOT)

Coffee

Integrated Case Study Workshop (Core Practical Session)

Single, end-to-end case covering:
- Civil action and execution proceedings

Case Law Insights & Recent Developments

Malaysian cases on Islamic finance default and recovery
Judicial trends and key takeaways

Wrap-up and Discussion

EXPERT COURSE DIRECTOR

Dr Syed heads the firm’s Islamic Finance Practice Group. He holds a Ph. D in Islamic Finance from the International Centre for Islamic Finance Education (INCEIF) (2016). He also holds a Chartered Islamic Finance Professional (CIFP) from INCEIF (2011), and read law at the International Islamic University of Malaysia (IIUM) (2006). Professionally, he is qualified as a Fellow Chartered Professional in Islamic Finance (CPIF). Dr. Syed Adam is also an EXCO Member for (2024-2025) and an Associate Member of the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS). He previously served as the Honorary Secretary and a Grand Council Member of the Chartered Institute of Islamic Finance (CIIF) (2015-2023). He currently sits as a Shariah Committee member of Bank Simpanan Nasional (BSN) and is the Co-Chairperson of the Islamic Finance Committee of Bar Council Malaysia.

WHO WILL BENEFIT?

Credit and recovery officers
Special assets/remedial management teams
Legal and compliance personnel
Shariah officers and committee support staff
Risk management professionals
Financing, operations and documentation teams
Lawyers and consultants in Islamic finance

REGISTRATION

*Please note there is a fee for attending this program. Please contact us for more details.

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Verification

Before completing this registration form please read and understand our booking and cancellation policy. Thank you.

Booking, Payment and Cancellation Policy – important, please read carefully

By completing, signing and revised, sent separately us this registration form you are conﬁrming participants on the program. You are also conﬁrming your understanding of our Booking, Payment and Cancellation Policy.

Cancellation Policy: If participants cannot attend the program, replacement participants are always welcome. Otherwise, participants must notify us any of cancellations or requests to transfer to a diﬀerent program at least 14 days before the program date to be eligible for a refund, less a 5% administration on fee. Participants who cancel within 14 days of the program start date are liable to pay the full program fee and no refunds will be given. Instead fees will be converted to a REDmoney Seminars voucher equivalent to the original fee, less a 10% administration charge. This voucher is transferable within your organization and must be redeemed within one year of issue or become void. If a program is postponed for whatever reason registrations and fees will be automatically transferred to the new program date. Participants who wish to transfer to a diﬀerent program will be subject to the same terms as above and charged any diﬀerence in fees. No refunds or program vouchers will be issued for a no-show.
Payment Terms: All program fees are payable upon invoice. REDmoney shall receive the full program fee with no deductions of any description. All telegraphic transfer fees, taxes and levies (domestic or otherwise) shall be borne by the sponsoring organization.

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FEE

Fee per participant: RM2,600/US$700

Please note that the Ringgit price is applicable to Malaysia-domiciled participants only. Discounts are available for group bookings. Please contact us for more details.

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.
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