Assess the capital and liquidity implications of Islamic finance risk.
Analysing and Managing Risks Specific to Islamic Finance
Build a working method for Islamic finance risk that stands up to scrutiny and survives daily pressure.
📍 Istanbul🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
Models supporting Islamic finance risk fail quietly, and usually at the worst moment. Regulators no longer accept intent as evidence of control over this part of financial and banking practice. A common pattern is strong design of this area of financial and banking practice paired with weak follow-through. The course covers Islamic finance risk at the level of detail needed to act, and stops there. They leave able to brief senior management on the financial and banking practice discipline in terms that support a decision. Participants who influence this aspect of financial and banking practice without directly controlling it will find the content directly usable. The professional literature on Islamic finance risk converges on a small set of controls that reliably work. Work is grounded in real cases drawn from the wider financial and banking practice agenda, which each participant adapts to conditions in their own organisation. Participants finish with a short, specific brief on the financial and banking practice discipline ready to put in front of a decision maker.
Expected Learning Outcomes
Estimate what Islamic finance risk costs to run properly, and what is lost when it is not.
Validate the assumptions inside any model supporting Islamic finance risk.
Build the client due diligence and monitoring appropriate to Islamic finance risk.
Structure records of Islamic finance risk so that they answer the questions an auditor will actually ask.
Communicate the purpose of Islamic finance risk to those who have to comply with it.
Document the approval chain for exceptions to policy on Islamic finance risk.
Who Should Attend
Those responsible for briefing external stakeholders on Islamic finance risk.
Financial technology and change staff modernising Islamic finance risk.
Regulatory reporting analysts covering Islamic finance risk.
Anyone whose accountability for Islamic finance risk exceeds their current formal training in it.
Treasury and asset-liability staff managing Islamic finance risk.
Finance managers reporting on Islamic finance risk.
Course Modules
Islamic finance risk: pricing, profitability and risk-adjusted return
2 sessions · 8 pointsSession 1Concentration building quietly inside Islamic finance risk
- Draft the minimum viable control framework for Islamic finance risk.
- Assess the capital consumed by Islamic finance risk under current and stressed conditions.
- Confirm regulatory reporting on Islamic finance risk is complete, timely and reconciled.
- Name a single owner for each element of Islamic finance risk.
Session 2The hard cases in Islamic finance risk and how to reason about them
- Review the pricing of Islamic finance risk against the risk being assumed.
- Test Islamic finance risk against a scenario the organisation would rather not model.
- Verify reconciliation and settlement controls covering Islamic finance risk.
- State the risk appetite for Islamic finance risk as a number, not an adjective.
Islamic finance risk: risk appetite, limits and policy
2 sessions · 8 pointsSession 1What to measure in Islamic finance risk and what to ignore
- Confirm reporting on Islamic finance risk reaches the committee that can act on it.
- Document the remediation plan for each known weakness in Islamic finance risk.
- Plan the sequence in which improvements to Islamic finance risk will be introduced.
- Translate the appetite for Islamic finance risk into limits someone monitors daily.
Session 2The control on Islamic finance risk that looks strong and is not
- Anticipate the objections Islamic finance risk will raise and prepare the answers.
- Check the legal and contractual exposure created by Islamic finance risk.
- List the assumptions in any model supporting Islamic finance risk and when each was last challenged.
- Estimate the resource Islamic finance risk requires to run as designed.
Islamic finance risk: reporting that supports a decision
2 sessions · 8 pointsSession 1Setting a limit on Islamic finance risk that will actually be respected
- Prepare the summary of Islamic finance risk that senior management will read.
- Agree what will be standardised in Islamic finance risk and what will not.
- Identify single points of dependency in Islamic finance risk and reduce them.
- Confirm client due diligence standards applied to Islamic finance risk are current.
Session 2Where Islamic finance risk typically breaks, and why
- Set early warning indicators for Islamic finance risk with defined action thresholds.
- Define acceptance criteria for Islamic finance risk in advance.
- Check that Islamic finance risk still works when volumes rise unexpectedly.
- Prepare the evidence pack demonstrating Islamic finance risk operated as designed.
Islamic finance risk: regulatory obligation and supervisory expectation
2 sessions · 8 pointsSession 1What a supervisor will ask about Islamic finance risk, and in what order
- Verify six months later that changes to Islamic finance risk have held.
- Set out how exceptions to Islamic finance risk are requested and approved.
- Compare the cost of Islamic finance risk with the cost of its absence.
- Reduce the variation in how Islamic finance risk is carried out between teams.
Session 2Evidencing that Islamic finance risk worked as designed
- Review concentration by counterparty, sector and geography inside Islamic finance risk.
- Rehearse the briefing on Islamic finance risk that would follow an incident.
- Build the competence framework that supports Islamic finance risk.
- Design the exception process for Islamic finance risk and require a documented rationale.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Gold Package
At least 3 people
USD1,850
- 5-night stay in a 5-star hotel
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Complete your registration
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