What We Do
we offer a comprehensive package of products and services to its clients as follows:
Training
- Education and Skills Acquisition Programs
- Investment Education Programs (including training on Ethical Finance)
- Fundamentals of Risk, Compliance and Governance
- Pre-Retirement Orientation Training Programs
- Banking and other Training Programs
- Fraud Detection and Control
- Fundamentals of Financial Management
- Budget, Planning and Control, etc.
Business Development Services
- Ethical Business Development Services
- Micro Finance Consultancy Services
- Ethical Financial Advisory Services
- Ethical Compliance Consultancy Services
- Inheritance Advisory Services
- Zakat Advisory Services
- Feasibility Studies/Business Plan
- Financing (including Loan Management and Recovery, IPOs, Private Equity, Debt Structuring and Restructuring)
Business Consulting Services
- Entrepreneurship Development Programs
- Facilitation/Assistance in Sourcing of Technical Partners and Funding for Clients
- Ethical Compliance Assessment
- Nurturing of Ethically Compliant Companies
- Administrative Support for existing businesses
- Assistance to companies in the area of ethical compliance and enhancement
- Post Finance Monitoring of SME’s
- Business Liaison, Support and Documentation for companies (both local and foreign)
Training Packages
- Tailored for prospective NIFIs
- Existing NIFIs
- NIFI Start ups with newly acquired NIFI window License.
Overview of the fundamentals of Islamic Finance
- Brief Refresher of Non-Interest finance (Islamic Finance) principles.
- Explaining the Articles of faith and the position of Islamic Finance in Islam
- What are the sources of law relating to Islamic economics?
- Explaining the fundamental principles of Non Interest financing
- Standard-setting bodies for Institutions offering Islamic Financial Services.
Contracts in Non-Interest Finance
- Islamic Law of Contract
- Definition and Contract types according to Islamic Law
- Elements of Valid Contract
- Reasons for Prohibitions of Transaction
Deposit Mobilization Contract
- Qard
- Wadi’ah
- Mudharaba
Financing Products (Risk Asset Generation)
Murabaha (Asset Financing)
- Definition and Features.
- Components of a Valid Murabaha
- Basic Rules of Murabaha
- Key points to check in Murabaha
- Models in Murabaha
- Application of Murabaha in Banking
- Risk & Mitigation in Murabaha.
- Documentation in Murabaha
Ijara
- Definition, types and usage of Ijara
- Components of valid Contracts in Ijara
- Rules in Ijara
- Risk & mitigation in Ijara
- Documentation in Ijara
Salam
- Definition, types and Usage
- Components of valid Contracts in Salam
- Rules in Salam
- Risk & Mitigation in Salam
- Documentation in Salam
Istisna
- Definition, types and Usage
- Components of valid Contracts in Istisna
- Rules in Istisna
- Risk & Mitigation in Istisna
- Documentation in Istisna
Wakala
- Definition , Types and Usage
- Components of valid Contracts in Wakala
- Rules in Ijara
- Risk & mitigation in Wakala
- Documentation in Wakala
Other Packages
- Corporate Governance (CG)
- Shariah Compliance and Governance Framework
- Regulatory Framework of Shariah Governance
- Disclosure and Transperency: Shariah Committee’s Report