Establish the segregation of duties required around Islamic banking product design.
Engineering Innovative Sharia-Compliant Islamic Banking Products
A structured, applied course in Islamic banking product design — designed to be used the week you return.
📍 Istanbul🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
In finance the difference between a healthy position on Islamic banking product design and a dangerous one is often a single assumption. Capital, liquidity and reputation are all exposed by weak handling of product design. Work is grounded in real cases drawn from this area of financial and banking practice, which each participant adapts to conditions in their own organisation. The course gives participants a defensible structure for Islamic banking product design and the judgement to adapt it. Participants who influence this aspect of financial and banking practice without directly controlling it will find the content directly usable. Participants develop a defensible line of reasoning for the choices they make about product design. Improvement in Islamic banking product design stalls when it depends on one capable individual rather than a defined method. Where product design is measured, it improves; where it is only discussed, it drifts. The course ends by identifying what the participant will stop doing to make this part of financial and banking practice sustainable.
Expected Learning Outcomes
Document decisions about product design in a form that remains useful after the people change.
Apply the relevant accounting and disclosure treatment to Islamic banking product design.
Sequence improvements to product design so that each step makes the next one easier.
Translate policy on Islamic banking product design into procedures that hold up under day-to-day pressure.
Build the control framework around product design that an examiner would accept.
Design the reporting on Islamic banking product design that reaches decision makers in time to act.
Who Should Attend
Finance managers reporting on Islamic banking product design.
Regulatory reporting analysts covering product design.
Project and programme managers whose delivery depends on Islamic banking product design.
Coordinators responsible for keeping records and documentation of product design current.
Credit and underwriting officers assessing Islamic banking product design.
Treasury and asset-liability staff managing product design.
Course Modules
Islamic banking product design: capital, liquidity and balance sheet effect
2 sessions · 8 pointsSession 1What Islamic banking product design does to capital and liquidity under stress
- Confirm regulatory reporting on Islamic banking product design is complete, timely and reconciled.
- Check the legal and contractual exposure created by product design.
- Map the handovers in Islamic banking product design between functions and secure them.
- Confirm reporting on product design reaches the committee that can act on it.
Session 2The paperwork for product design that is actually needed
- Benchmark the organisation's Islamic banking product design against comparable operations.
- Agree who signs off product design and record that they did.
- Verify reconciliation and settlement controls covering Islamic banking product design.
- Prepare the evidence pack demonstrating product design operated as designed.
Product design: reporting that supports a decision
2 sessions · 8 pointsSession 1Stress scenarios for product design that are plausible rather than convenient
- Check the accounting treatment applied to Islamic banking product design against current standards.
- Check that product design still works when volumes rise unexpectedly.
- Set out the decisions in Islamic banking product design that require sign-off and by whom.
- Translate the appetite for product design into limits someone monitors daily.
Session 2The control on product design that looks strong and is not
- Establish who is informed, consulted and accountable in Islamic banking product design.
- Establish the boundary of product design and record what sits outside it.
- Review concentration by counterparty, sector and geography inside Islamic banking product design.
- Set early warning indicators for product design with defined action thresholds.
Product design: audit evidence and examiner readiness
2 sessions · 8 pointsSession 1What to measure in product design and what to ignore
- Set the review interval for Islamic banking product design and who attends.
- Identify the data already collected that bears on product design.
- Confirm client due diligence standards applied to Islamic banking product design are current.
- Document the remediation plan for each known weakness in product design.
Session 2Pricing Islamic banking product design for the risk actually taken
- Set out how exceptions to Islamic banking product design are requested and approved.
- Confirm that those complying with product design understand why it exists.
- Confirm segregation of duties across initiation, approval and settlement of Islamic banking product design.
- Agree the indicators that will show whether product design is improving.
Product design: measurement, models and their assumptions
2 sessions · 8 pointsSession 1The early warning on product design that arrives in time
- Assess the capital consumed by Islamic banking product design under current and stressed conditions.
- Verify six months later that changes to product design have held.
- Decide what will be stopped to create capacity for Islamic banking product design.
- Identify single points of dependency in product design and reduce them.
Session 2Moving product design from approval to execution
- Review the pricing of Islamic banking product design against the risk being assumed.
- Write down the assumptions underpinning the approach to product design.
- Arrange the handover of Islamic banking product design so capability survives staff changes.
- Identify the key controls over product design and who tests them.
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
We will contact you within one business day to confirm.