Objective: To apply Islamic rules to the debt capital markets
This module will provide candidates with the knowledge and tools necessary to understand the fast-developing market for Islamic capital markets product; namely the Sukuk market. It examines how Shariah principles affect capital market activities and delineates rules that must be observed in structuring Sukuk. The main aim of the course is to illustrate the basic structures of Sukuk; sale based, lease based and equity based Sukuk. Securitization (asset backed Sukuk) are contrasted to securities (asset based Sukuk) issuance. It also reviews other topics like marketing Sukuk, Sukuk administration, Shariah rules in Sukuk trading and Sukuk pricing.
This module is suitable for: Corporate bankers, investment bankers, lawyers, Shariah audit professionals, and operations team members