Programme Objective
This programme will enable participants to discover sukuk as an alternative means of financing and investment. This module will cover the regulatory framework, structures, features, concepts and issues pertaining to sukuk issuances. The latest in the development of sukuk will also be discussed including new financing objectives in terms of socially responsible investing (SRI) and green sukuk.
Learning Outcomes
By the end of this programme, participants will be able to:
- describe the distinctive characteristics of Sukuk;
- explain the Shariah and regulatory framework applicable to Sukuk market;
- examine the various types and structures of Sukuk and their underlying contracts;
- analyse the different Sukuk structures; and
- review issues and challenges in issuance and structuring of Sukuk.
Topics Covered
- Overview of Islamic Securities (Sukuk)
- Types of Sukuk and its Salient Features
- Modes of Issuing Sukuk
- Capital Guarantee
- Analysing Sukuk Structures
- Sukuk Rating: General Approach, Criteria & Methodology
- Other General Rating Approaches
Competencies
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Behavioural (Organisation Leadership) – Strategic Thinking, Business Acumen
Functional (Process Skills) – Sales and Marketing
Foundational (Product knowledge) – Capital Market Products |
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