Building Sharia-Compliant Islamic Investment Funds

Course Overview

Capital, liquidity and reputation are all exposed by weak handling of Islamic investment funds. Models supporting the wider financial and banking practice agenda fail quietly, and usually at the worst moment. The programme takes participants through the financial and banking practice capability end to end, from framing the problem to closing it out. Progress on Islamic investment funds is usually lost in the gap between approval and execution. Cases are chosen to expose the trade-offs in this area of financial and banking practice rather than to illustrate ideal conditions. They acquire practical criteria for judging when the financial and banking practice capability is working and when it is only appearing to. Comparative studies of Islamic investment funds across sectors find the same handful of failure points recurring. Participants come from operational and oversight roles, and both perspectives on this strand of financial and banking practice are used deliberately. The final module sets out how progress on this area of financial and banking practice will be evidenced six months later.