COURSE ON ISLAMIC BANKING & FINANCE
FOR ASIA–MIDDLE EAST DIALOGUE (AMED) MEMBER COUNTRIES
JAKARTA, INDONESIA
16 - 18 APRIL 2012
Introduction
The Islamic banking and finance industry worldwide has experienced a rapid development in the recent decade. With an annual growth rate of almost 30% in recent years, it outstrips the growth of other business segments in financial services. Today, the global Islamic finance industry offers an extensive range of financial products and services with approximately $1.3 trillion in designated assets. Operating across five continents and in over 75 countries, more than 625 Islamic Financial Institutions have been established not only in Muslim countries but also in non-Muslim countries such as the United Kingdom, Germany, Australia, India and Thailand.
The International Center for Development in Islamic Finance (ICDIF), in cooperation with Bank Indonesia and the Ministry of Foreign Affairs is proud to hold a Course on Islamic Banking and Finance covering the most important characteristics of Islamic finance. This course is a continuation to the Course on Islamic Banking and Finance previously held three times in Jakarta on November 2009, October 2010 and September 2011 as part of the Executive Plan of Action for Cooperation among the Asia - Middle-East Dialogue Members. This Course will enable participants to learn the fundamentals of the Islamic banking and financial system and provide them with a broad understanding of the subject aimed to increase the wealth of their institution.
The program is a reflection of Indonesia’s commitment to continuously enhance its cooperation with AMED participating countries as conveyed at AMED II Ministerial Meeting in Sharm El-Sheikh, Egypt on 5-6 April 2008 and AMED III Ministerial Meeting in Bangkok, Thailand on 15-16 December 2010. Furthermore, Indonesia has conducted 5 (five) successive training programs on Islamic banking and finance (basic and advanced level) over the past 3 (three) years. These training programs have been attended by 134 participants from AMED participating countries, namely: Afghanistan, Algeria, Saudi Arabia, Bangladesh, Brunei, Indonesia, Iraq, Iran, Malaysia, Maldives, Thailand, Republic of Korea, Kyrgyzstan, Kazakhstan, Sri Lanka, China, Tunisia, Turkey, and Jordan.
AMED participating countries are Afghanistan, Algeria, Bahrain, Bangladesh, Bhutan, Brunei, Cambodia, China, Comoros, Djibouti, Egypt, India, Indonesia, Iran, Iraq, Japan, Jordan, Kazakhstan, Kuwait, Kyrgyzstan, Laos, Lebanon, Libya, Malaysia, Maldives, Mauritania, Morocco, Myanmar, Nepal, Oman, Pakistan, Palestine, Philippines, Qatar, Republic of Korea, Saudi Arabia, United Arab Emirates, Singapore, Somalia, Sri Lanka, Sudan, Syria, Tajikistan, Thailand, Tunisia, Turkey, Turkmenistan, Uzbekistan, Vietnam and Yemen.
Objectives
After completion of this course, participants will understand:
- The philosophy and concepts governing Islamic banking and finance transactions;
- The business of the Islamic banking and finance operations, including insurance and capital market; and
- The role of the Authority in developing the Islamic banking and finance industry.
Methodology
The Course will be highly interactive, incorporating presentations, lectures, field visit and discussions. Participants are expected to participate actively in order to gain maximum benefits from the Course.
Participants
This course is beneficial for anyone who wishes to learn about Islamic banking and finance transactions and for investment managers who deal with Islamic Banking and Finance products. This course is also useful for banking and financial regulators. Due to limited capacity, only 40 successful candidates will be accepted as participants of this course on first come first serve basis.
Resource Persons
The instructors for the Course will be practitioners and technical experts as well as regulators from Ministry of Finance and Bank Indonesia.
Program Structure
The Islamic Banking and Finance program starts in the morning and ends in the afternoon. The program is conducted for 3 (three) days in class intensively and 3 (three) days trip to Bali Island (optional).
Course Contents
- Policy of Islamic Banking Development in Indonesia
- Fundamentals of Islamic Banking and Finance
- Funding of Islamic Bank
- Fee-Based Services of Islamic Bank
- Financing of Islamic Bank
- Fund Management & Accounting in Islamic Bank
- Risk Management of Islamic Bank
- Islamic Insurance
- Islamic Capital Market
- The Sovereign Sharia Securities (Sukuk)
Speakers From
- Central Bank of the Republic of Indonesia
- Ministry of Finance of the Republic of Indonesia
- National Sharia Board, Indonesia
- Islamic Commercial Bank, Indonesia
- Islamic Insurance, Indonesia
Date and Time
The course will be held on 16 - 18 April 2012, 8:00 AM - 5:00 PM. A field trip to Bali Island will be held on 19 - 21 April 2012 (two nights stay at Bali Island).
The official date of arrival and departure of course participants are 15 April 2012 and 19 April 2012 respectively. For course participants attending the Bali Island trip, official date of arrival and departure are 15 April 2012 and 22 April 2012 respectively. Any participant who wishes to extend their stay beyond the specified date should arrange their own accommodation accordingly. Additional stay at the campus dormitory will be incurred a per night charge.
Venue
Bumi ICDIF-LPPI Campus, Jl. Kemang Raya No. 35, Kebayoran Baru, Jakarta Selatan, Indonesia
Accommodation
The organizing committee will provide accommodations in the newly built dormitory within ICDIF-LPPI Campus grounds (1 person per room) free of charge from 15 - 19 April 2012 and from 15 - 22 April 2012 for course participants attending the Bali Island trip.
Contact Us
For further information, please contact:
ICDIF-LPPI
Phone : (62-21) 71790919, 71792012
ext. 321 (Mr. Ahsan S. Nasution)
ext. 284 (Mrs. Heni Pandaryasi)
Fax No. : (62-21) 7195411, 7198639
e-mail : icdiflppi@gmail.com, icdif@lppi.or.id
Ministry of Foreign Affairs Republic of Indonesia
Phone : (62-21) 3811083 (Mr. Widhiastono, Ms. Dian Nirmalasari)
Fax No. : (62-21) 3844867
e-mail : amedindonesia@gmail.com
Download the full Course Brochure and Registration Form at the links provided below:
Course Brochure
Registration Form
Testimonials
Yeon Kyung Park
Researcher, Korea Institute for International Economic Policy
“The Course on Islamic Banking & Finance was very helpful in teaching me about Islamic banking & finance in general and also about the country’s implementation. The campus itself is very vibrant and filled with energy. I love the campus and the surrounding here; it is very eco-friendly, and staff members as well as students are very warm and welcoming. ”
Li Xiaoxiao
Assistant Section Chief, People’s Bank of China
“All the lecturers are great with patience and passion. The staff impressed me very much with their quick response and effectiveness. I surely hope that in the future, my colleagues may share my joy and experiences from this course. ”
