Islamic Banking: Training and Research

By: Dr Mohammed Obaidullah OBEID@ximb.stpbh.soft.net

Broadcasted on BICNews 22 February 1998

Dear Brothers & Sisters in Islam

Assalam wo alaikum wo rahmatullahi wo barakatuhu

I am happy to bring to your notice our site "Islamic Banking and Finance Net" with URL:
http://www.ximb.stpbh.soft.net/faculty/obeid/if.htm

The site is intended to be particularly useful to students and researchers in the field of economics, banking, finance, and business. It contains announcement about an International Training Program in Islamic Banking and Finance; an assortment of research papers in the area which may be downloaded, links to sites of a large number of Islamic banks and financial institutions and financial markets; provides information about scholars contributing to the discipline and universities where such work is being undertaken.

In short, it seeks to provide for a one-stop resource center in the field.

I would particularly like to draw your attention to the International Training Program with FREE registration for the Core Module on Shariah and Finance, and a special fee waiver for students. The program has an international advisory panel of widely known academicians (please see details below), is offered through the distance learning mode and supplements a standard graduate program in economics, banking, finance and business administration.

I request you to disseminate information about the program among the student community in any manner you deem fit.

I also request you to provide a link to our site with URL mentioned above.

Regards, wassalam

Dr Mohammed Obaidullah

International Training Program (ITP) in
ISLAMIC BANKING AND FINANCE

REGISTER NOW - FREE FOR MODULE I - SPECIAL FEE WAIVER FOR STUDENTS

Highlights

An Interactive and Innovatively Structured Program through Distance Learning with Continuous and Instant Feedback An International Advisory Panel of Academicians and Professionals to Ensure High Quality and State-Of-The-Art Course Material

Supplements a Standard Master's Program in Business Administration, Commerce and Economics

Contents

Module I ( Foundations of Islamic Finance)

Islamic Finance: A System Based on Islamic Ethics, Norms of Islamic Financial Ethics, Shariah Maxims; The Basic Financial Contracts and the relevant Shariah rules: Partnership (Modaraba, Musharaka), Leasing (Ijara), Insurance (Kafala), Deposits (Wadiyya), Islamic Insurance DebtTransfer (Hawala); Forms of Exchange (Bai): Bai-bithman-ajil, Bai-salam, Bai-istijrar, Bai-istisna, Murabaha, Bai-sarf, Bai-al dayn, Islamic Financial Derivatives

Module II (Islamic Financial Products, Services and Markets) Products and Service

Islamic Commercial Banking, Islamic Investment Banking Islamic Funds/ Unit Trusts, Islamic Development Banking; Markets: Islamic Money Market, Islamic Stock Market

Module III (Management of Islamic Financial Institutions)

Accounting for Islamic Financial Institutions; Regulatory Framework for Islamic Institutions; Capital Adequacy  Norms; Asset-Liability Management; Risk Management; Credit Rating Marketing of Islamic Financial Services; Islamic Financial Engineering and Project Finance; Strategic Management; Managing Service Quality

The Program Advisory Panel now includes:

Dr Rodney Wilson, Professor, Department of Economics, University of Durham, UK

Dr Malcolm Harper, Professor Emeritus, Cranfield School of Management, Cranfield University, UK

Dr Omar Zaid, Department of Accounting, University of Western Sydney, Australia

Dr S Nazim Ali, Director, Harvard Islamic Finance Information Program (HIFIP) Operations, Harvard University, USA

Program Fee:

US$ 120.00 for students; US$ 300.00 for professional bankers, financial analysts, and others. Please note that you have to pay NOTHING for registration. The First Module is FREE. Make your payments on completion of this Module; only if you decide to complete the rest two modules.

Program Duration and Date of Commencement:

The Program begins on 21st August 1998 and would have a duration of eighteen weeks divided into three modules of six weeks each

Registration:

Registrations requests are accepted on a "first come first serve" basis, subject to a cap on the maximum number of partcipants for the 1998 program. Last date of registration is 31st March 1998.

Contact:

Dr Mohammed Obaidullah, Program Coordinator

Xavier Institute of Management, Bhubaneswar 751 013, India;
Tel:91-674-442418; Fax: 91-674-440995

E-Mail: obeid@mailhub.ximb.stpbh.soft.net

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