BRIAN KETTELL, the Course Director, worked at the Bahrain Monetary Agency for several years and has extensive experience in Islamic banking.

He has published 13 books on banking and financial markets and over 20 case studies on Islamic banking and finance. His books are all available from Amazon.

 

What are the Module objectives?

The modules are designed to:

• take the participants through those principles of Islam which are relevant to Islamic banking. No knowledge of Islam on the part of the audience is assumed. (Naturally this assumption is modified for a Muslim audience.)
   
• stress the implications of the Sharia for appreciating the framework within which Islamic banking takes place
   
• emphasise practical banking principles rather than the Islamic jurisprudence perspective of Islamic banking
   
• demonstrate the balance sheet constraints within which Islamic banks operate illustrating that Islamic banking cannot be analysed without an appreciation of the assets and liabilities of Islamic banks
   
• highlight the risk/reward perspective of all the key Islamic financial instruments and to provide comparisons with their conventional banking counterparts
   
• illustrate ,with practical examples , the applications of the key Islamic banking and financial instruments together with some of the central issues affecting their application
   
• survey all the Islamic instruments
   
• illustrate the challenges faced by Islamic banks
   
• emphasise the additional banking risks faced by Islamic banks
   
• stress the management issues faced by Islamic banks when undertaking asset management, liability management and liquidity management.
   
• highlight the products and issues involved in the evolution of Islamic capital markets
   
• discuss Islamic Securitisation