The Sukuk market has evolved significantly in the last 20 years. New and exciting structures have emerged to address the economic and financial interests of both Sukuk originators as well as Sukuk investors. However, a tension exists between this objective, and conformity with Shariah principles. In order to satisfy market demand, many Sukuk are structured to provide cash returns resembling conventional products. Some financial obligations within these structures may not only compromise a stricter application of Shariah principles, but lead to important valuation, risk, and accounting outcomes that are less well understood.
By the end of this course delegates will be able to:
Date: 28th – 30th August 2019 This course is designed to be of most benefit to:
Early bird : RM 3,830 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 Date: 28th – 30th August 2019 This course is designed to be of most benefit to:
Early bird : RM 3,830 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 The Sukuk market has evolved significantly in the last 20 years. New and exciting structures have emerged to address the economic and financial interests of both Sukuk originators as well as Sukuk investors. However, a tension exists between this objective, and conformity with Shariah principles. In order to satisfy market demand, many Sukuk are structured to provide cash returns resembling conventional products. Some financial obligations within these structures may not only compromise a stricter application of Shariah principles, but lead to important valuation, risk, and accounting outcomes that are less well understood.
By the end of this course delegates will be able to:
Dr. Ken Baldwin Dr. Ken Baldwin has worked as a practitioner in banking and finance for over 25 years in senior positions spanning the front and middle offices. Having graduated from Oxford University with a first-class honors degree in Physics in 1989, he qualified as a Chartered Accountant with PWC, before joining UBS, and then later Credit Suisse, in derivatives risk and control functions based in London.
For enquiries please contact: Mathias Sosovele Normariya Sariman Ramesh Kalimuthu For sponsorship & speaking opportunities: For marketing and media enquiries
Structuring, Valuation, Risk and Accounting for Sukuk
SIDC CPE - accredited: 10 CPE Points 
About The Seminar
This course provides delegates with an invaluable opportunity to understand Sukuk across a range of inter-related financial disciplines. By taking a multi-disciplinary approach to the course, delegates are given an opportunity to not only complement and expand upon their existing knowledge of Sukuk, but to achieve a wider appreciation of why and how, Sukuk are viewed differently by other key stake holders in the Sukuk market, for example ratings analysts, investors, and origination teams.
The course will include a high level of interactive discussion, analysis of case studies and thorough instruction in the treatment of Sukuk for structuring, valuation, risk management, and accounting purposes. Knowledge gained from the course is directly applicable in practice.
KEY LEARNING OBJECTIVES
Seminar Agenda
Delegates will be given an opportunity to implement new skills learned on the course by working in groups to structure two Sukuk instruments which meet very different requirements for a company operating in the aviation industry, and an Islamic bank with retail and corporate banking business.
Pricing Sukuk Al-Ijarah with real estate underlying assets and a repurchase undertaking
Venue: Kuala Lumpur, Malaysia
Standard : RM4,250 per delegate
2 delegates (5% Discount) : RM4,040 per delegate
3 delegates (15% Discount) : RM3,610 per delegate
4 delegates (25% Discount) : RM3,190 per delegate
5 delegates (30% Discount) :RM2,980 per delegate
In-House Training Brochure
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
Venue: Kuala Lumpur, Malaysia
Standard : RM4,250 per delegate
2 delegates (5% Discount) : RM4,040 per delegate
3 delegates (15% Discount) : RM3,610 per delegate
4 delegates (25% Discount) : RM3,190 per delegate
5 delegates (30% Discount) :RM2,980 per delegateAbout The Seminar
This course provides delegates with an invaluable opportunity to understand Sukuk across a range of inter-related financial disciplines. By taking a multi-disciplinary approach to the course, delegates are given an opportunity to not only complement and expand upon their existing knowledge of Sukuk, but to achieve a wider appreciation of why and how, Sukuk are viewed differently by other key stake holders in the Sukuk market, for example ratings analysts, investors, and origination teams.
The course will include a high level of interactive discussion, analysis of case studies and thorough instruction in the treatment of Sukuk for structuring, valuation, risk management, and accounting purposes. Knowledge gained from the course is directly applicable in practice.
KEY LEARNING OBJECTIVES
Seminar Agenda
Delegates will be given an opportunity to implement new skills learned on the course by working in groups to structure two Sukuk instruments which meet very different requirements for a company operating in the aviation industry, and an Islamic bank with retail and corporate banking business.
Pricing Sukuk Al-Ijarah with real estate underlying assets and a repurchase undertaking
Seminar Speaker
Former Director Financial Policies & Planning, Islamic Development Bank
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. Whilst at Abu Dhabi Islamic Bank, Dr. Ken built an ALM analytic technology platform capable of capturing liquidity and interest rate risks inherent in the many varied Islamic financing products used at retail and corporate levels. He then moved to take up the position of MENA Regional Head of Quantitative Analysis for Citigroup. At Citicorp, Dr. Ken worked on structuring complex products used by Gulf-regional corporations to hedge FX and interest risks. Still residing in Bahrain, Dr. Ken then joined Investcorp, where he worked on the risk due diligence of corporate private equity and real estate private equity transactions and portfolio management. After leaving Investcorp, he set up the risk management department for venture capital bank, providing Basel III compliance and deal analysis for the bank. He then operationalized a new Islamic investment bank as its Chief Operating Officer for 3 years, before his most recent industry role at the Islamic Development Bank, where he set up and ran a new department tasked with developing Financial Policies and Planning underpinned by robust financial analytic tools and methodologies designed specifically for the IDB. Dr. Ken is currently a senior university lecturer in finance in the UK. He has published quantitative finance articles in peer-reviewed academic journals including the Journal of Risk, and during his earlier career, taught CFA and FRM professional certifications as a pastime for the Bahrain Institute of Banking and Finance.
Ken is a British Muslim.
Seminar Registration
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
Overview of Sukuk
Sukuk Origination
Sukuk Structuring
Case Studies:
Case Studies:
Structuring Exercises
Sukuk Valuation
Case Study:
Risk Management of Sukuk
Capital Charges for Sukuk Instruments
Accounting for Sukuk
Course Conclusion
Overview of Sukuk
Sukuk Origination
Sukuk Structuring
Case Studies:
Case Studies:
Structuring Exercises
Sukuk Valuation
Case Study:
Risk Management of Sukuk
Capital Charges for Sukuk Instruments
Accounting for Sukuk
Course Conclusion
