With the turmoil created in the wake of the global financial crisis, the implementation of a robust risk management discipline in financial institutions is now considered one of the most important needs of the moment. This course provides instruction in Asset Liability Management set within a context of some of the most important contemporary ALM issues facing Islamic financial institutions, and shares leading solution methodologies used to overcome well-known risk management challenges.

Going beyond ALM, but closely related to it, risk-based pricing of financial instruments ensures that stakeholders are sufficiently compensated for the risks to which they are exposed. Many of these risks are complex, and use sophisticated technologies to price them accurately. Nevertheless, this course explains their basis and provides a toolkit of methodologies which can be applied to price different types of risks inherent in the financial products and balance sheets of Islamic banks.

The course will include a high level of interactive discussion, analysis of case studies, and thorough instruction in techniques which can be applied by practitioners for their everyday financial management needs

KEY HIGHLIGHTS

• Identify, measure and manage risk at financial product and balance sheet levels with a focus on market and liquidity risks.
• Apply analytic methodologies for the risk-based pricing of Islamic banking assets.