This 1-day course provides an in-depth analysis of financial and non-financial risks which impact Sukuk. KEY HIGHLIGHTS Date: 11th April 2018 Early bird : RM1,799 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. Kindly complete the registration form and email to [email protected] or fax +603 2162 7810 For enquiries please contact: Mathias Sosovele Normariya Sariman Ramesh Kalimuthu For sponsorship & speaking opportunities: For marketing and media enquiries Session One: Sukuk instruments Overview of Sukuk Risks arising in Sukuk instruments Session Three: Market Risk of Sukuk Overview of Sukuk Example 2:
How to apply Value-at-risk (VaR) to determine the price risk of commodity murabaha Sukuk with security deposit Session Two: Credit Risk of Sukuk Overview of Sukuk Example 1:
Pricing credit risk in a Sukuk Al-Ijarah with real estate underlying and a repurchase undertaking Session Four: Liquidity and Other Risks in Sukuk Overview of Sukuk Date: 11th April 2018 Early bird : RM1,799 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./p> Kindly complete the registration form and email to [email protected] or fax +603 2162 7810 This 1-day course provides an in-depth analysis of financial and non-financial risks which impact Sukuk. KEY HIGHLIGHTS Session One: Sukuk instruments Overview of Sukuk Risks arising in Sukuk instruments Session Three: Market Risk of Sukuk Overview of Sukuk Example 2:
How to apply Value-at-risk (VaR) to determine the price risk of commodity murabaha Sukuk with security deposit Session Two: Credit Risk of Sukuk Overview of Sukuk Example 1:
Pricing credit risk in a Sukuk Al-Ijarah with real estate underlying and a repurchase undertaking Session Four: Liquidity and Other Risks in Sukuk Overview of Sukuk Dr Ken Baldwin Dr. Ken has worked as a practitioner in banking and finance for over 25 years in senior quantitative finance and risk management positions. Having graduated from Oxford University with a first-class honors degree in Physics, he qualified as a Chartered Accountant before joining UBS, and then later Credit Suisse, in derivatives risk and control functions based in London. He gained a PhD in the microeconomic theory of risk sharing in Islamic contracts, and worked in the GCC for 15 years in Islamic retail and Islamic investment banks. Dr. Ken built an ALM analytic technology platform for Abu Dhabi Islamic Bank, was MENA Regional Head of Quantitative Analysis for Citigroup, and has worked in quantitative risk management roles for both conventional and Islamic private equity and venture capital institutions. He most recently set up the Islamic Development Bank’s Financial Policies and Planning function, which provides risk and pricing analytic support at product and balance sheet levels. Dr. Ken is currently a senior university lecturer in finance in the UK, has published quantitative finance articles in peer-reviewed academic journals including the Journal of Risk, and taught CFA and FRM in his earlier career. For enquiries please contact: Mathias Sosovele Normariya Sariman Ramesh Kalimuthu For sponsorship & speaking opportunities: For marketing and media enquiries
Sukuk Risk
SIDC CPE - accredited: 10 CPE Points
About The Seminar
The course comes at an opportune time. In June, 2017, Abu Dhabi-listed company, Dana Gas, announced it would stop payments on its Sukuk on the grounds of Shari’a impermissibility. It proposed that creditors instead exchange the Sukuk for new Islamic instruments with a far lower profit rate. This announcement dealt a devastating blow to the Sukuk industry, and highlighted the risky nature of investing in financial instruments sold into a less mature global capital market which continues to undergo significant development as it evolves.
This course on Sukuk risk starts by briefly explaining the different structures of Sukuk instruments used for funding and investment purposes in order to identify how these structures create risk. It then moves on to analyse the most important risks in depth, and provide practical insights into how to manage them. These risks include
Venue: KUALA LUMPUR
Standard: RM1,999
Register before 9th March 2018
Learn More
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 25
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
Tiviaa James
Marketing Executive
[email protected]
Direct Line: +603 2162 7800 ext 62
Seminar Agenda
Venue: KUALA LUMPUR
Standard: RM1,999
Register before 9th March 2018About The Seminar
The course comes at an opportune time. In June, 2017, Abu Dhabi-listed company, Dana Gas, announced it would stop payments on its Sukuk on the grounds of Shari’a impermissibility. It proposed that creditors instead exchange the Sukuk for new Islamic instruments with a far lower profit rate. This announcement dealt a devastating blow to the Sukuk industry, and highlighted the risky nature of investing in financial instruments sold into a less mature global capital market which continues to undergo significant development as it evolves.
This course on Sukuk risk starts by briefly explaining the different structures of Sukuk instruments used for funding and investment purposes in order to identify how these structures create risk. It then moves on to analyse the most important risks in depth, and provide practical insights into how to manage them. These risks include
Seminar Agenda
Seminar Speaker
Former Director Financial Policies & Planning, Islamic Development Bank
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 25
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
Tiviaa James
Marketing Executive
[email protected]
Direct Line: +603 2162 7800 ext 62
