Fee per participant: RM4,800/US$1,600
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.
Tawarruq has become a preferred choice of contract for bankers, not just for working capital requirements, but also for asset financing, mortgages, trade financing, fixed deposits, structured investments, and even savings accounts. Seen by market practitioners as convenient and relatively simple to execute, Malaysia has experienced a rapid growth in Tawarruq-based products across a wide range of financing activities.
However, due largely to the fact that Tawarruq imitates conventional finance structures the contract has attracted its fair share of criticism, not least from Shariah scholars. In a continuously developing Islamic banking and finance market such as Malaysia, alternatives to Tawarruq do most certainly exist.
This topical two-day courses will provide a refresher of what Tawarruq represents, relevant regulatory guidelines, and how the contract is commonly applied in today’s dynamic Islamic finance market. We also offer a timely reminder of the risks associated with Tawarruq structures, such as Shariah non-compliance and potential areas of contention. Through case studies and live examples, we then explore how we can move beyond some of the traditional Tawarruq concepts, by evaluating alternative structures such as Musharakah, Salam, Ijarah and Wakalah. We also discuss how Tawarruq and its alternatives have been successfully structured and applied in other Islamic financial centers. Important concepts such as financing portfolio construction are also covered in detail.
Course ObjectivesFee per participant: RM4,800/US$1,600
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.
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.
Learn More
Send me Details
For enquiries please contact:
Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
For sponsorship & speaking opportunities:
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
For marketing and media enquiries
Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22
Beyond Tawarruq: Alternative Islamic Finance Structures
SIDC CPE-approved: 10 CPE PointsDate: 5th & 6th August 2024
Venue: DoubleTree by Hilton Kuala Lumpur
Classroom Training
Send me Details
Tawarruq has become a preferred choice of contract for bankers, not just for working capital requirements, but also for asset financing, mortgages, trade financing, fixed deposits, structured investments, and even savings accounts. Seen by market practitioners as convenient and relatively simple to execute, Malaysia has experienced a rapid growth in Tawarruq-based products across a wide range of financing activities.
However, due largely to the fact that Tawarruq imitates conventional finance structures the contract has attracted its fair share of criticism, not least from Shariah scholars. In a continuously developing Islamic banking and finance market such as Malaysia, alternatives to Tawarruq do most certainly exist.
This topical two-day courses will provide a refresher of what Tawarruq represents, relevant regulatory guidelines, and how the contract is commonly applied in today’s dynamic Islamic finance market. We also offer a timely reminder of the risks associated with Tawarruq structures, such as Shariah non-compliance and potential areas of contention. Through case studies and live examples, we then explore how we can move beyond some of the traditional Tawarruq concepts, by evaluating alternative structures such as Musharakah, Salam, Ijarah and Wakalah. We also discuss how Tawarruq and its alternatives have been successfully structured and applied in other Islamic financial centers. Important concepts such as financing portfolio construction are also covered in detail.
Course ObjectivesFee per participant: RM4,800/US$1,600
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.
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.
Learn More
The debt vs risk-sharing paradigm, focusing on contract structures and shifting to customer outcomes.
Dr Ziyaad Mahomed
Associate Professor Centre of Excellence in Islamic Social Finance at INCEIF
Dr Ziyaad Mahomed is an Islamic finance scholar from South Africa, providing Islamic finance and Shariah advisory since 1998. He served as Associate Dean and Director of E-Learning & Executive Education at INCEIF for 3 years. He is currently Assistant Professor, Lead Researcher (Shariah) at the Centre of Excellence in Islamic Social Finance at INCEIF, and Head of Online Programs. He specializes in Shariah (Islamic jurisprudence), Islamic Social and Sustainable Finance, Fintech and Islamic Capital Markets. Dr Ziyaad has provided training and advisory on almost all aspects of Islamic finance in more than 20 countries, to more than 12,000 Finance Professionals and Islamic Scholars, and was awarded a lifetime achievement honor in recognition of his contribution to Islamic finance in Africa. He also serves as advisor/consultant on fintech, Islamic social finance and Sukuk to government organisations in the United Kingdom, Kazakhstan, the Philippines, and Nigeria amongst others. Dr Ziyaad serves as Chairman of the Shariah committees of HSBC Amanah (Malaysia), Taj Bank (Nigeria), Ayady Takaful (Maldives), iConsult Africa (South Africa), FBN Quest Asset Managers (Nigeria) and Iman Ltd (Uzbekistan) among others. He also serves as Shariah Board Member of the Bank of Maldives Islamic and other Islamic financial service institutions internationally. He has served as the External Shariah Auditor for some of the largest Islamic financial institutions in the Middle East, Africa, and South-East Asia since 2006.
For enquiries please contact:
Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
For sponsorship & speaking opportunities:
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
For marketing and media enquiries
Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22