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Course Title:

Islamic Finance





Course Outlines:





PART ONE Background to Islamic Finance



1.1 Religious Foundations of Islamic Finance

Roderick Millar

1.2 The Development of Islamic Finance in the UK

Michael Ainley, Ali Mashayekhi, Robert Hicks, Arshadur

Rahman and Ali Ravalia, The Financial Services Authority

1.3 Islamic Alternatives to Conventional Finance

Pervez Said, Islamic Banking Department, State Bank of

Pakistan

1.4 The Institutional Infrastructure Supporting the Islamic

Finance Industry

Professor Rodney Wilson, Durham University, UK









Wellington House, East Road, Cambridge, CB1 1BH



Phone 0044 207 2899071

PART TWO Islamic Finance in Practice



2.1 Retail Banking: Current and Savings Accounts and Loans

Roderick Millar

2.2 Personal Finance: Credit Cards

Dr Saleh Alfuraih, Al Rajhi Bank

2.3 Islamic Mortgages

Sultan Choudhury, Islamic Bank of Britain, and Shaher Abbas,

Islamic Finance Advisory and Assurance Services

2.4 Trade Finance

Richard T de Belder, Denton Wilde Sapte LLP

2.5 Working Capital

Dr Salman Khan, Abu Dhabi Islamic Bank

iv Contents

2.6 Commercial Real Estate and Project Financing

Richard T de Belder, Denton Wilde Sapte LLP





2.7 Syndicated and Structured Islamic Finance

Richard T de Belder, Denton Wilde Sapte LLP

2.8 Investment Banking

Richard T de Belder, Denton Wilde Sapte LLP

2.9 Islamic Capital Markets

Mansur Mannan, Credit Suisse

2.10 Secondary Markets in Islamic Finance

Majid Dawood, Yasaar Ltd

2.11 Screening and Purification Criteria: Shari’a Application to



Wellington House, East Road, Cambridge, CB1 1BH



Phone 0044 207 2899071

Investments

Iqbal Asaria, Yasaar Ltd

2.12 Takaful 129

Mohammed Khan, PricewaterhouseCoopers

2.13 Takaful vs. Conventional Insurance

Mohammed Khan, PricewaterhouseCoopers

2.14 Human Resources and Training for Islamic Financial

Activities 1

Mohammad Shafique, Institute of Islamic Banking and

Insurance

2.15 Taxation

Mohammed Amin, PricewaterhouseCoopers









PART THREE Regulatory Issues



3.1 Prudential, Regulatory and Supervisory Criteria

Tim Plews and Antony Hainsworth, Clifford Chance

3.2 Basel II and Capital Adequacy

Natalie Schoon, Bank of London and Middle East

3.3 Regulations and Challenges in the UK

Michael Ainley, Ali Mashayekhi, Robert Hicks, Arshadur

Rahman and Ali Ravalia, The Financial Services Authority

3.4 Shari’a Supervisory Boards and Shari’a Compliance

Richard T de Belder, Denton Wilde Sapte, LLP





Wellington House, East Road, Cambridge, CB1 1BH



Phone 0044 207 2899071

Wellington House, East Road, Cambridge, CB1 1BH



Phone 0044 207 2899071



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