Financial Engineering and Islamic Banking Product Innovation

A structured, applied course in Islamic banking product engineering — 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 engineering and a dangerous one is often a single assumption. Growth built on poorly controlled product engineering reverses faster than it accumulated. The course sets out a working method for the practice within financial and banking practice that participants can apply the week they return. Each session closes with a decision the participant must justify about Islamic banking product engineering in their own setting. What blocks progress on the financial and banking practice discipline is usually unclear ownership rather than unclear intent. Benchmarking exercises repeatedly place product engineering among the areas with the widest performance spread. Participants finish able to explain Islamic banking product engineering to a non-specialist audience without losing precision. The programme works equally well for those formalising product engineering for the first time and those improving an existing approach. Participants leave with a plan for this area of financial and banking practice sized to what their organisation can realistically absorb.

Expected Learning Outcomes

01

Design the reporting on Islamic banking product engineering that reaches decision makers in time to act.

02

Build the audit evidence that demonstrates product engineering operated as designed.

03

Estimate what Islamic banking product engineering costs to run properly, and what is lost when it is not.

04

Adapt recognised practice on product engineering to local constraints without hollowing it out.

05

Establish the segregation of duties required around Islamic banking product engineering.

06

Price product engineering to reflect the risk actually being taken.

07

Test the organisation's response to Islamic banking product engineering under conditions that are less than ideal.

Who Should Attend

01

Credit and underwriting officers assessing Islamic banking product engineering.

02

Team leaders and supervisors who put product engineering into practice day to day.

03

Planning staff whose forecasts and budgets are affected by Islamic banking product engineering.

04

Financial technology and change staff modernising product engineering.

05

Treasury and asset-liability staff managing Islamic banking product engineering.

06

Risk managers responsible for product engineering.

Course Modules

01

Islamic banking product engineering: reporting that supports a decision

2 sessions · 8 points

Session 1The assumption inside the model for Islamic banking product engineering that nobody revisits

  • Record the rationale for each significant choice made about Islamic banking product engineering.
  • Prepare the evidence pack demonstrating product engineering operated as designed.
  • Anticipate the objections Islamic banking product engineering will raise and prepare the answers.
  • Remove steps in product engineering that add effort without adding assurance.

Session 2Getting other functions to support product engineering

  • Arrange the handover of Islamic banking product engineering so capability survives staff changes.
  • Define the trigger that would require product engineering to be redesigned.
  • Confirm that reporting on Islamic banking product engineering reaches the people who can act.
  • Review the pricing of product engineering against the risk being assumed.
02

Product engineering: measurement, models and their assumptions

2 sessions · 8 points

Session 1Setting a limit on product engineering that will actually be respected

  • Benchmark the organisation's Islamic banking product engineering against comparable operations.
  • Review concentration by counterparty, sector and geography inside product engineering.
  • Design the exception process for Islamic banking product engineering and require a documented rationale.
  • Identify single points of dependency in product engineering and reduce them.

Session 2Pricing product engineering for the risk actually taken

  • Set the review interval for Islamic banking product engineering and who attends.
  • State the risk appetite for product engineering as a number, not an adjective.
  • Distinguish symptoms from causes when Islamic banking product engineering underperforms.
  • Confirm regulatory reporting on product engineering is complete, timely and reconciled.
03

Product engineering: audit evidence and examiner readiness

2 sessions · 8 points

Session 1What product engineering does to capital and liquidity under stress

  • Agree who signs off Islamic banking product engineering and record that they did.
  • Identify the key controls over product engineering and who tests them.
  • Prepare the response for the most likely failure in Islamic banking product engineering.
  • Set early warning indicators for product engineering with defined action thresholds.

Session 2Stress scenarios for Islamic banking product engineering that are plausible rather than convenient

  • Document the remediation plan for each known weakness in Islamic banking product engineering.
  • Decide what will be stopped to create capacity for product engineering.
  • Confirm reporting on Islamic banking product engineering reaches the committee that can act on it.
  • Test product engineering against a scenario the organisation would rather not model.
04

Product engineering: exceptions, breaches and remediation

2 sessions · 8 points

Session 1The cost of product engineering and how to present it

  • Assign responsibility for keeping documentation of Islamic banking product engineering current.
  • Name a single owner for each element of product engineering.
  • Establish the boundary of Islamic banking product engineering and record what sits outside it.
  • Verify reconciliation and settlement controls covering product engineering.

Session 2What to measure in product engineering and what to ignore

  • Check the legal and contractual exposure created by Islamic banking product engineering.
  • List the assumptions in any model supporting product engineering and when each was last challenged.
  • Confirm segregation of duties across initiation, approval and settlement of Islamic banking product engineering.
  • Agree what will be standardised in product engineering and what will not.

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.