About The Seminar
The development of Islamic finance in Malaysia has been supported by firmly established financial institutional structures and a robust regulatory framework. Shariah audit function provides independent assessment & objective assurance designed to value-add & improve IFI’s compliance with Shariah. This function is key in the overall Shariah governance framework to instil confidence among the stakeholders. Even though, the prudential guidelines for Shariah audit have been comprehensive, the key area that needs focus is the practical implementation of Shariah audit activities. This seminar will lay out the risk based approach to Shariah audit and will examine the various type of Shariah audit activities in session one. In addition, designing Shariah audit programs for various Islamic banking products & functions and also Islamic capital market instruments will be examined in session two and three to give the participants an in-depth understanding from a practical perspective. Finally, Shariah audit fieldwork is explored in session four from designing to documentation to drafting a good Shariah audit report. This is a comprehensive practitioner’s guide to Shariah auditing and an event not to be missed by the industry.
KEY HIGHLIGHTS
- Recognize the risk based approach to Shariah auditing
- Review various types of Shariah audit activities
- Examine Shariah audit program for Islamic banking
- Develop Shariah compliance and review program for Islamic capital market instruments
- Design Shariah audit fieldwork
- Formulate Shariah audit report
WHERE & WHEN
Date: 28th August 2018
Venue: Kuala Lumpur
For enquiries please contact:
Hatem Almasri
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 31
Bejtullah Ferizi
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Mathias Sosovele
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 25
For sponsorship opportunities:
Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
For speaking opportunities:
Suhail Sinnalebbe
Senior Events Producer
[email protected]
Direct Line: +603 2162 7800 ext 43
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
For marketing and media enquiries
Clement Anthony
Marketing Executive
[email protected]
Direct Line: +603 2162 7800 ext 62
Register before 27th June 2018
Standard : RM1,999 per delegate
About The Seminar
The development of Islamic finance in Malaysia has been supported by firmly established financial institutional structures and a robust regulatory framework. Shariah audit function provides independent assessment & objective assurance designed to value-add & improve IFI’s compliance with Shariah. This function is key in the overall Shariah governance framework to instil confidence among the stakeholders. Even though, the prudential guidelines for Shariah audit have been comprehensive, the key area that needs focus is the practical implementation of Shariah audit activities. This seminar will lay out the risk based approach to Shariah audit and will examine the various type of Shariah audit activities in session one. In addition, designing Shariah audit programs for various Islamic banking products & functions and also Islamic capital market instruments will be examined in session two and three to give the participants an in-depth understanding from a practical perspective. Finally, Shariah audit fieldwork is explored in session four from designing to documentation to drafting a good Shariah audit report. This is a comprehensive practitioner’s guide to Shariah auditing and an event not to be missed by the industry.
KEY HIGHLIGHTS
- Recognize the risk based approach to Shariah auditing
- Review various types of Shariah audit activities
- Examine Shariah audit program for Islamic banking
- Develop Shariah compliance and review program for Islamic capital market instruments
- Design Shariah audit fieldwork
- Formulate Shariah audit report
Register before 27th June 2018
Standard : RM1,999 per delegate
Seminar Agenda
Registration
Session 1: Shariah Audit Program for Islamic Banking
- Shariah audit program for Shariah governance
- Shariah audit program for financing products
- Shariah audit program for deposit products
- Shariah audit program for support/back-office functions
- Case studies on Shariah audit program
Dr Supiah Salleh — Senior Lecturer, University Sains Islam Malaysia
Coffee
Session 2: Shariah Compliance & Review Program for Islamic Capital Market
- Developing review program for Islamic Capital Market Instruments
- Shariah Compliance & Review criteria for Islamic Capital Market Instruments
- Case Studies on selected Islamic Capital Market instruments
- Treasury products
- Sukuk
Mohd Feqah Mohd Ngadil — Director of Islamic Banking Compliance & Regional Head of Shariah Compliance & Review, CIMB Bank Berhad
Lunch
Session 3: Shariah Audit Fieldwork and Communication
- Designing Shariah audit fieldwork
- Stages of Shariah audit fieldwork
- Documentation of Shariah audit fieldwork results
- Characteristics of good Shariah audit report
- Presentation of Shariah audit report
Ahmad Zainal Abidin — Head, Shariah Advisory, Research and Training, Zurich Takaful
Coffee
Session 4: Review of Shariah Audit Activities
- COSO framework
- Shariah audit scope and audit coverage: risk based approach
- Type of Shariah audit review activities
- Sample selection and evaluation of evidence
- Reporting of Shariah audit activities from the exit meeting to deliberation of reports until closure of issues/gaps/audit concerns
Noor Azian Ismail — Senior Director, Group Audit – Islamic Banking, Maybank
End
Speakers
Noor Azian Ismail
Senior Director Group Audit – Islamic Banking, Maybank
Dr Supiah Salleh Senior
Senior Lecturer University Sains Islam Malaysia
Ahmad Zainal Abidin
Head, Shariah Advisory, Research and Training Zurich Takaful
Mohd Feqah Mohd Ngadil
Director of Islamic Banking Compliance & Regional Head of Shariah Compliance & Review CIMB Bank Berhad
Contact us
For enquiries please contact:
Hatem Almasri
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 31
Bejtullah Ferizi
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Mathias Sosovele
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 25
For sponsorship opportunities:
Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
For speaking opportunities:
Suhail Sinnalebbe
Senior Events Producer
[email protected]
Direct Line: +603 2162 7800 ext 43
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
For marketing and media enquiries
Clement Anthony
Marketing Executive
[email protected]
Direct Line: +603 2162 7800 ext 62
For any inquiries contact us
Our team will be glad to answer any questions you may have about this seminar.