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Islamic Equity Instruments/IECM & International IABS 27&28 April@PJ Hilton

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ANOTHER BATCH OF BRAND NEW TWO DAY BACK TO BACK COURSES BY MUAMALAH

 

DAY ONE 27 APRIL 2011 – ISLAMIC EQUITY INSTRUMENTS & ISLAMIC EQUITY CAPITAL MARKET                     (10 SIDC CPE points)

 

-          A Course dedicated  to the Islamic Equity Capital Market, filling a gap  required by Islamic Equity Capital Market Players whilst very relevant for other professionals

 

DAY TWO 28 APRIL 2011 – INTERNATIONAL ISLAMIC ASSET BACKED SECURITIES                                                  (10 SIDC-CPE points)

 

-          Internationalising Malaysian Islamic Securities. Designing structures that appeals to International Muslim Investors whilst securing traditional support from local investors.

 

Led by Muhammad Zahid Abdul Aziz renowned International Trainer and Consultant on Islamic Finance and the Islamic Capital Market

 

 


COURSE FEES

DAY ONE ONLY – ISLAMIC EQUITY INSTRUMENTS & ISLAMIC EQUITY CAPITAL MARKET–

RM 950/- PER PARTICIPANT

DAY TWO ONLY –INTERNATIONAL ISLAMIC ASSET BACKED SECURITIES–

RM 950/- PER PARTICIPANT

COMBINATION FEES

 

COMBINATION

FEES PER PARTICIPANT

SAVINGS

DAY ONE

RM 950

 

DAY TWO

RM 950

 

BOTH DAYS

RM1700

RM200

 

 

 


   DATE

 

27th & 28th April 2011

 

   VENUE

 

PJ Hilton, Selangor

 

 

 

 

 

   ORGANISED BY

 

 


Muamalah Financial Consulting Sdn. Bhd

17-01, First Floor, D’Bayu,  21, Jalan Serambi U8/21, Bukit Jelutong, 40150 Shah Alam, Selangor, Malaysia.

Tel: 037842  5187, 012 212 5405

Fax: 037842 5201, 7847 3214

Email: muamalah_consulting@hotmail.com

Website http://muamalahconsulting.tripod.com

 

 

THIS COURSE IS SIDC-CPE

ACCREDITED:  10 POINTS

ISLAMIC EQUITY INSTRUMENTS & ISLAMIC EQUITY CAPITAL MARKET

(Conducted by Muhammad Zahid Abdul Aziz,

(All round Islamic Financier and internationally renowned Trainer)

 

 


Exploring the universe of Islamic Equity Instruments. What makes an Equity Instrument Islamic? Is Musyarakah the same as a limited liablity company? Is a venture capitalist a practitioner of Musyarakah? Derivatives vs. Arkanul Bai’, Are Mortgage Backed Securities Syariah compliant? Are Credit Default Swaps Islamic? Did the Sub Prime Crisis open a window of demand for Islamic investment products? Is the Islamic Equity Capital Market ready for the upsurge in demand? Is the collapse of the International Economic and Financial System imminent? Are Islamic Finance and the Islamic Capital Market ready to fill the vacuum?  

 

Are all Preference Shares acceptable? Is a Musyarakah Sukuk based on Musyarakah? In Islamic ABS should you purchase the debt or the asset?  Mudarabah Sukuk and the Sukuk Fund. Is the illiquidity of Islamic Equity Instruments because it is not popular or because it is too popular? Is Islamic ETF going to be the next instrument of the century? Can your Islamic Fund invest in Call Warrants, TSR’s, Futures and Index futures? How are indices built up? ETF’s vs Index Funds. Whose stockscreening rules to follow? Are stockscreening rules permanent? What makes an Islamic stockbroker? Is share trading gambling? Can an Islamic stockbroker deal in contra trading? Is venture capital equity or debt? What makes venture capital Islamic? Can Islamic Fund Management rise to the occasion? Or will it remain forever in the peripheries? Are the current clients of Islamic Funds only Muslims? Has the potential for Islamic Unit Trusts been exhausted? Will Islamic Private Equity be the next popular capital raiser after Sukuk?

 

   DATE

 

27th April 2011

 

 

   VENUE

 

PJ Hilton, Selangor

 

   ORGANISED BY

 

 

 

Muamalah Financial Consulting Sdn. Bhd

17-1, First Floor, D’Bayu,Jalan Serambi U8/21,

Bukit Jelutong, 40150 Shah Alam, Selangor

                                Tel: 03-7842  5187, 012  212 5405

Fax: 03 7847 3214, 7842  5201,

Email: muamalah_consulting@hotmail.com Website http://muamalahconsulting.tripod.com

 


THE PROGRAMME

 

The Course will provide a solid grounding in Islamic Equity Instruments and the Islamic Equity Capital Market. From a discussion on the relevant Syariah principles in the Islamic Equity Capital Market the Course will dissect what makes an Equity Capital Market Instrument Syariah compliant. The various stock screening processes will be examined culminating in an elaboration on Islamic Stockbroking. Islamic venture capital, fund management and private equity.

 

 

 

THE PARTICIPANTS

  All Islamic Finance & Investment Professionals. ComplianceOfficers,Remisiers/Officers/Managers/Directors of Stock Broking Houses, Asset Management Companies and Investment Advisory Companies and Unit Trusts;

  Fund Managers Investment bankers, commercial bankers, development bankers, Islamic bankers, Central bankers,  Product developers, Shariah advisers, Corporate bankers, Corporate Finance Advisers,

  Economists and Research Personnel, Syariah Advisers and Officers, Lawyers, Accountants, Corporate Advisers, Financial Advisers, Business Managers, Finance Managers 

  Directors of Listed/Unlisted Companies;

  Managers/Officers of Corporate Organizations and Government Departments and Agencies;

  Compliance Officers/Managers;

  Legal Practitioners;

  Consultants and Researchers;

  Insurers/Investment Bankers/Merchant Bankers/Corporate and Retail Bankers;

  Academicians/Accountants/Auditors; and

  Individuals/Entrepreneurs. 

 

THE ORGANIZER

Muamalah Financial Consulting Sdn Bhd (“Muamalah”) comprises a team of former Islamic Bankers with a combined experience of over 30 years in Islamic Banking. To date Muamalah have conducted the following training Courses/ Seminars/ Workshop to the Financial Industry:

In-house Courses for Alliance Merchant Bank Bhd, Public Bank Bhd, Bank Islam (M) Bhd, Hong Leong Bank Bhd, Malaysian International Merchant Bankers Berhad. Permodalan Nasional Berhad, Bursa Malaysia Bhd, Maybank Investment Bank Ambank Investment Bank, Federation of Investment Managers Malaysia, EPF and JB Corp  Joint venture Courses with Sabah Law Association,  Penang Bar Committee, Universiti Sains Malaysia, and the Malaysian Institute of Accountants

 

 

 

INVESTMENT

RM950 per participant. Fee is inclusive of lunch, refreshments and course materials. Organizations, which send four or more participants to the Course, shall be eligible for a 10% discount across the board. Special price of RM500 only for all Academicians and Students with Matric cards.

 
PAYMENT

Payment should be made by crossed cheque/ bank drafts payable to Muamalah Financial Consulting Sdn Bhd. Receipt will be issued upon receipt of payment. All payment to be paid at least a week before the course date.

 

CANCELLATION & TRANSFER

A replacement is allowed should a participant is unable to attend. For cancellation received in writing within one week prior to the course date, a 50% refund will be given to the participant. Fees will be refunded in full if written notice of withdrawal is received more than two weeks prior to the course date.

 

SPEAKERS’ PROFILE

 

Muhammad Zahid Abdul Aziz

Director, Muamalah Financial Consulting

Sdn Bhd.

 

Muhammad Zahid Abdul Aziz holds a Bachelor’s Degree in Economics from University of Exeter, United Kingdom. After graduating in 1977, he joined an International Accounting Firm, Arthur Young & Co. London office. He returned to Malaysia in 1982 and joined Arab Malaysian Merchant Bank Kuala Lumpur. He joined Bank Islam Malaysia Berhad in 1990 where he pioneered and helped develop Islamic Corporate Banking specializing in Islamic Syndications and Islamic Bond Issuance. His last post at Bank Islam was Senior Manager, Corporate Financing Dept, He has arranged over RM6.0 billion in Islamic Bond Issues during his tenure at Bank Islam. He left Bank Islam in September 2000 to form Muamalah Financial Consulting Sdn Bhd, a firm specialised in training and arranging of Islamic financing. He has just returned from Riyadh where he was Islamic Capital Market Consultant to Bank AlBilad. He is presently a post graduate student in Islamic Finance at the International Islamic University Malaysia and at other times an internationally renowned lecturer in Islamic Finance and similar subjects having taught in Dubai, Saudi Arabia, Korea, Brunei, Indonesia and Singapore.

 

 

 

 

THE  PROGRAMME

8.30 am - Registration

 

9.00 am – 10.30 am

 

Islamic equity Principles

Mudarabah & Musyarakah- Classical models thereof.

Other Relevant Principles

Syariah Rules on Assets – Are shares and financial instruments assets?,  Arkanul Bai’ – Where do derivatives stand?,  Wakalah – Principles and rules,  Debt Principles

Prohibited Elements

Riba and Riba transactions – Forward sale of currencies

Maysir  - Are Mortgage Backed Securities Syariah compliant?

Gharar – Are Credit Default Swaps Syariah compliant?

Haram

 

 

10.30 am – 10.45 am - Morning Break

10.45 am – 1.00 pm

 Sharia compliant Equity Instruments

 

Characteristics required of:

 

  Ordinary shares - Is a limited liability company equal to Musyarakah?

 

  Preference shares - Are all preference shares Syariah compliant?

 

  Musharaka Sukuk  - Are all Musyarakah Sukuk Syariah compliant?, AAOIFI rulings and classical rules

 

  Mudarabah Sukuk - Are all Mudarabah Sukuk Syariah compliant?

 

  Islamic ABS- What makes ABS Islamic?, Purchase the debt vs Purchase the asset

 

  Islamic Real Estate Investment Trusts- Basic rules and parameters

 

  Islamic Exchange Traded Funds- What makes ETF Islamic?

 

  Call Warrants & Transferable Subscription Rights

 

  CPO Futures- Are all futures Syariah compliant

 

  Index Futures- Are all index futures Syariah compliant

 

  Islamic Indices- How are indices built up?

 

  Index Funds

-           What are they?

Stockscreening

 

  Syariah Advisory Council Securities Commission of Malaysia

 

-           5%. 10% and 25% benchmarks; core activities and public perceptions; holdings of newly unapproved counters: rights, bonus and warrants of unapproved counters;

            Maslahah, Umum balwa, Urf’

                 Dow Jones Islamic Market Index, FTSE Islamic Market    Index Standard & Poor's Islamic Index 

 

1.00 pm – 2.00 pm – Lunch

 

 

2.00 pm - 3.15 pm

 

Principles of Islamic Stockbroking

-           Bursa Malaysia Best Practises Guidelines for Islamic Stockbroking

-           Islamic Margin financing

 

Islamic Venture Capital and Musyarakah

-           Are these so difficult to implement

-           Best Practises for Islamic Venture Capital Companies

Islamic Fund Management

-           Structures and principles

-           Wakalah & Mudarabah

-           Islamic Unit Trusts

-           SC Guidelines for Islamic Portfolio Fund Management

 

 

 

 

3.15 – 3.30 – Afternoon Break

 

3.30 – 5.00 pm  

 

Islamic Private Equity

-           Structure

-           Procedures

-           Statistics

 

 

Souq AlSila and Tawwarruq

-           Equity or debt?

 

 

5.00 pm – End

.

 

Bank Islam Malaysia Bhd., Bank Muamalat Malaysia Bhd., Bank Negara Malaysia, Securities Commission of Malaysia, Bursa Malaysia, Islamic Banking and Finance Institute of Malaysia, Labuan Offshore Financial Services Authority. Islamic Bank of Brunei, Islamic Development Bank of Brunei,  Brunei LNG,Shell Malaysia, Monetary Authority of Singapore, Majlis Ugama Islam Singapura, Emirates Global Islamic Bank Ltd, State Bank of India, Plentytrak Pty Ltd Australia, Adl Capital Ltd (Sri Lanka), Kuwait Finance House, Asian Finance Bank,Citibank (M) Bhd, Telekom Malaysia, Affin Investment Bank, RHB Investment Bank, Muamalat Invest, Affin Islamic Bank, AM Investment Bank, Maybank Investment Bank, Eon Investment Bank, Alliance Investment Bank, Deutschebank, , CIMB Investment Bank, OSK Investment Bank, KAF Investment Bank, Southern Investment Bank,Public Investment Bank,K&N Kenanga Investment Bank, HongLeong Islamic Bank, CIMB Islamic Bank, Ambank Islamic Bank,Eoncap Islamic Bank, RHB Islamic Bank, Maybank Islamic Bank,  SME Bank, Prudential Fund Management,  BN Paribas Capital, Sarawak SEDC, Kuching Water Board, CMS Trust Management Bhd, Permodalan ASSAR Bhd, RHB Bank, Sulong & Sinsua, Sulong & Co, Ng & Anuar., Shearn Delamore & Co., Southern Bank, MAA Corporate Advisory., Ain Medicare., Tenunan Budi., Affin Discount ., Bimsec Asset Management ., Leader Universal Holdings., Albar & Partners, A.B. Sidek & Co., Lembaga Tabung Haji, Air Kelantan, Offshore Works., KM Chye & Murad, ., Ingress Corporation., Ranhill Utilities ., Affin Bank ., Abdullah Abdul Rahman & Co., Nik Hisham, Ainul Azam & Fakihah, Hisham Sobri & Kadir, Raslan Loong, Zain & Co., Kumpulan Prasarana Rakyat Johor., CIMB, Ambank Islamic Banking Division, Pacific Alliance Capital , Wong & Partners, RHB Securities, Standard London (Asia) , JPMorgan (M) , Commerce Asset Fund Managers , Bumiwerks Capital Management , PricewaterhouseCoopers, Azmi & Associates, Hong Leong Bank , Phillip Capital Management , Nomura Advisory Services (M) , Ghazi & Lim, JMF Asset Management , BIMB Securities ,  RHB Asset Management , HSBC Bank (M) , TAMCO Corporate Holdings , SBB Securities, Nam Fatt Corporation , Lee Choon Wan & Co, Bank Kerjasama Rakyat (M) , , Malaysian Resources Corporation Bhd, JF APEX Securities, , Redmax, BIMB Unit Trust Management, Ambank Group, Lityan Systems , Pheim Asset Management , Perkasa Normandy Holdings , Amanah SSCM Asset Management , OCBC Bank (M) , Raja Darry & Loh, Ranhill Bhd, Felcra, HLG Unit Trust, HLG Asset Management, Malakoff, Ayer Hitam Planting Syndicate, SBB Mutual, Asiatic Development, Amfutures , K&N Kenanga Holdings, KL City Securities, Mayban Ventures Sdn Bhd, Shell Gas & Power (Singapore), SHH Resources Holdings Bhd, Affin Fund Management Sdn Bhd, K&N Kenanga Bhd,, Berjaya Group Bhd, Pengurusan Danaharta Nasional Bhd, Saujana Consolidated Bhd, MIDF Bhd, Hap Seng Consolidated Bhd, Mayban Securities Sdn Bhd, Mayban Investment Management Sdn Bhd Eng Teknologi Holdings Bhd, Dunham-Bush (M) Bhd, BH Global Advisers Sdn Bhd, HSBC Asset Management Spore Ltd, OCBC Asset Management Ltd, Ong First Pte Ltd, ST Asset Management Pte Ltd, Aberdeen Asset Management, CMS Asset Management, Kenanga Asset Management, Boustead REIT Managers, Dass Jainab Razif Abdul Aziz & Partners

Organisations Which Have Sent Participants To Our Previous Courses/ Seminars/ Workshops:

 

 

INTERNATIONAL ISLAMIC ASSET BACKED SECURITIES (Conducted by Muhammad Zahid Abdul Aziz, Pioneer in Islamic Capital Market and renowned International Lecturer)

 


Why Asset Backed Securitisation (ABS) and not Sukuk? Basics of ABS – obligors,originators, primary sellers. credit enhancements, true sales and bankruptcy remote SPV’s, What makes ABS Islamic?

Sharia Rules on Assets, What Assets are available for Islamic Securitization? Rules on structuring- batil, gharar and compliant. How to enhance credit Islamically? International Sharia Parameters. One buys the debt or the asset? Which Mortgage Backed Securities is Sharia compliant? Why US Sub Prime MBS failed Sharia Standards? Will a Takaful Company ever issue a Credit Default Swap? International Islamic Asset Backed Structures (IABS) – Caravan Sukuk- the truest of sales? Sukuk Intifa’- awqaf land and Sharia compliant time share, East Cameron Gas Sukuk – tried and tested, an IABS for all seasons? Tamweel – True sale in execution, and Sukuk Istithmaar- a Sukuk of convergence? Case Study One- Mastering a Conventional ABS Structure. Crossing international barriers - Case Study Two- Designing an Internationally compliant IABS for AITAB Islamic Vehicle Financing Facilities, Case Study Three- Designing Internationally compliant IABS for Musyarakah Mutanaqissah house financing facilities, General IABS legal and documentation issues- Legal risks and uncertainties. Is the trust concept always acceptable by local laws? Can SPVs always be incorporated? Common Law vs Civil Law, Can ownership of Sukuk assets always be transferred to international SPVs? Which Jurisdictions? Does it matter? Malaysian ABS Guidelines as international benchmarks? Legal, tax and accounting aspects of ABS- has the dust settled? Is International IABS ready to take over from Sukuk? Is IABS the all weather robust instrument of the new decade?

 

   DATE

 

28th April 2011

 

 

   VENUE

 

PJ Hilton, Selangor

 

   ORGANISED BY

 

 

 

Muamalah Financial Consulting Sdn. Bhd

17-1, First Floor, D’Bayu,Jalan Serambi U8/21,

Bukit Jelutong, 40150 Shah Alam, Selangor

                                Tel: 03-7842  5187, 012  212 5405

Fax: 03 7847 3214, 7842  5201,

Email: muamalah_consulting@hotmail.com

Website http://muamalahconsulting.tripod.com

 


THE PROGRAMME

 

The Course focuses on another popular Islamic Capital Market instrument, with an international flavour to attract international investors whilst retaining local support. With the well known woes of some international Sukuk, International Islamic Asset Backed Securities (IABS) offers itself as a robust alternative Islamic capital market instrument that can weather all storms. Lessons are learnt from international IABS structures that have survived the rough and tumble of laws and markets. Pioneering case studies on how to internationally securitised assets of local flavours such as AITAB vehicle financing and Musyarakah Mutanaqissah house financing.

 

The Participants

 

  • Debt Capital Market Personnel of Banks and Universal Brokers
  • Corporate Banking Personnels
  • Corporate Finance Personnels
  • Investment Bankers / Merchant Bankers;
  • Islamic Banking Officers / Managers
  • Legal Practitioners
  • Fund Managers, Dealers, Remisiers, Asset Managers, Venture Capitalists, Investment Advisers, Analysts, Researchers
  • General Managers/Managers/ Officers of Corporate Organizations, SEDC’s, State Agencies, Departments and Corporations;
  • Directors of Listed/ Unlisted Companies
  • Academics and Consultants 
  • Accountants / Auditors; and
  • Individuals / Entrepreneurs.

 

THE ORGANIZER

Muamalah Financial Consulting Sdn Bhd (“Muamalah”) comprises a team of former Islamic Bankers with a combined experience of over 30 years in Islamic Banking. Muamalah conducts the following popular courses for the Islamic financial industry. Two Day International Sukuk Workshop,  Islamic Equity Instruments & Islamic Equity Capital Market,  Islamic Corporate Financing, & Islamic Legal Documents, Fundamental Muamalat for Islamic Finance and Investment Practitioners, International  Islamic Asset Backed Securities, Islamic Financing Restructure, Introduction to Takaful and Introduction to Islamic Economics.

 

 

 

INVESTMENT

RM950 per participant. Fee is inclusive of lunch, refreshments and course materials. Organizations, which send four or more participants to the Course, shall be eligible for a 10% discount across the board. Special price of RM500 only for all Academicians and Students with Matric cards.

 
PAYMENT

Payment should be made by crossed cheque/ bank drafts payable to Muamalah Financial Consulting Sdn Bhd. Receipt will be issued upon receipt of payment. All payment to be paid at least a week before the course date.

 

CANCELLATION & TRANSFER

A replacement is allowed should a participant is unable to attend. For cancellation received in writing within one week prior to the course date, a 50% refund will be given to the participant. Fees will be refunded in full if written notice of withdrawal is received more than two weeks prior to the course date.

 

 
SPEAKERS’ PROFILE

Muhammad Zahid Abdul Aziz

Director, Muamalah Financial Consulting

Sdn Bhd.

 

Muhammad Zahid Abdul Aziz holds a Bachelor’s Degree in Economics from University of Exeter, United Kingdom. After graduating in 1977, he joined an International Accounting Firm, Arthur Young & Co. London office. He returned to Malaysia in 1982 and joined Arab Malaysian Merchant Bank Kuala Lumpur. He joined Bank Islam Malaysia Berhad in 1990 where he pioneered and helped develop Islamic Corporate Banking specializing in Islamic Syndications and Islamic Bond Issuance. His last post at Bank Islam was Senior Manager, Corporate Financing Dept, He has arranged over RM6.0 billion in Islamic Bond Issues during his tenure at Bank Islam. He left Bank Islam in September 2000 to form Muamalah Financial Consulting Sdn Bhd, a firm specialised in training and arranging of Islamic financing. He has just returned from Riyadh where he was Islamic Capital Market Consultant to Bank AlBilad. He is presently a post graduate student in Islamic Finance at the International Islamic University Malaysia and at other times an internationally renowned lecturer in Islamic Finance and similar subjects having taught in Dubai, Saudi Arabia, Korea, Brunei, Indonesia and Singapore.

 

 

 

 

 

 

 

 

 

 

INTERNATIONAL ISLAMIC ASSET BACKED SECURITIES

THE ONE-DAY PROGRAMME

8.30 am                   -  Registration

9.00 am – 10.30 am –

Basics of Asset Backed Securitization (ABS)

         Basics of asset backed Securitization: obligors, originator, primary seller, servicer, issuer, administrator, share trustee, bond trustee

         Basic structure, credit enhancements, bankruptcy legislations and true sales, bankruptcy remote SPVs

         Differences with private debt securities

 

Features of Islamic Asset Backed Securitization (IABS)

         What is Islamic asset backed securitization?

         Sharia rules on assets

         Deliberations on what are acceptable assets for Islamic securitization

         Deliberations on issues of structure, Islamic wise

         How to enhance credit Islamically

10.30 am – 11.00 am - Morning Break

11.0 am – 1pm –

International Syariah parameters

         Purchase of Asset as opposed to Purchase of debt. Mortgage Backed Securities. Why the US Sub Prime Mortgage Backed Securities failed Syariah standards

International Structures

Asset Backed Ijara – Caravan Sukuk

Background, Term Sheet, Structure, Legal & Sharia Issues Documentation Issues, SPVs and Jurisdictions, Asset ownership limitations, True Sale and Economic Control, Sharia Compliant Tranching, Rating

Munshaat Forward Lease /Sukuk Al Intifa’

Awqaf land and Developer, Ownership restrictions, Ijara ‘Ain Mousuffah Bil Thimmah, Time share, Types of Sukuk Intifa’, Zam Zam Tower, Darul Al-Qeblah, Madinah, AlSafwa Tower Makkah,

East Cameron Gas

Structure, Termsheet, US Gas fields, Middle Eastern Structurer Musharaka Structure , Cayman Island Issuer, US Musharaka SPV, GCC & International Sukukholders, Meeting Sharia,legal, tax, bankruptcy, corporate, regulatory, securities laws of multiple jurisdictions First true securitisation

Tamweel

Structure, Term sheet, Purchase of properties, Istisna purchase, portfolio assets, trust assets, service agency, income

distribution, substitution of assets, governing law & jurisdiction

IDB Sukuk Istithmaar

50% benchmark issuance, 25% benchmark issuance

 

Case Study I – Understanding a Conventional ABS Structure

Study of a precedent conventional asset backed structure and term sheet of securitization of a financial receivable

1.00 pm – 2.00 pm – Lunch

2.00 pm – 3.30 pm

 

Case Study II – Designing Internationally compliant IABS for AITAB Islamic Vehicle Financing Facilities.

 

Case Study III – Designing Internationally compliant IABS for Musharakah Mutanaqissah Financing Facilities.

 

 

 

3.30pm – 3.45pm Afternoon Break

 

3.45pm – 5.00 pm

 

  General Legal And Documentation Issues

-          Legal risks

-          Legal uncertainties

-          Is Trust concept recognised in local laws?

-          SPV’s – can it be incorporated?

-          SPV Characteristics- independence, bankruptcy remote, which jurisdiction

-          Common law vs Civil law

-          Sukuk assets- can it be transferred?

-          Sukuk assets - tax issues, prohibition on assignments, ownership risks, insolvency clawbacks and true sales, recharacterisation of structure.

-          Listing rules, regulations and tax laws

-          Which jurisdiction?

 

 

 

IABS Guideline

         Examining Guidelines on Issuance of Asset Backed Securities

 

Legal, Regulatory, Tax and Accounting Aspects of ABS

         Legal, regulatory, tax and accounting perspectives of ABS

 

 

 

 

5.00 pm - End

 

 

REGISTRATION FORM 

 

 

COMBINATION

FEES

Please Tick

DAY ONE & DAY TWO

RM1700

 

DAY ONE ONLY

RM 950

 

DAY TWO ONLY

RM950

 

 

Day One – Islamic Equity Instruments & Islamic Equity Capital Market – 27th April 2011

Day Two – International Islamic Asset Backed Securities– 28th April 2011.

Venue : PJ Hilton, Selangor

                                                                   

Register now – Enrolment is based on “First Come First Served Basis”. Complete and Return the Registration Form to:

Address

Muamalah Financial Consulting Sdn Bhd

17-01, First Floor, D’Bayu, 21, Jalan Serambi U8/21, Bukit Jelutong, 40150 Shah Alam, Selangor.

 

Telephone

03-7842 5187,

012- 212 5405

Fax

03-7842 5201,

03-7847 3214

E-mail

 

muamalah_consulting@hotmail.com

 

http://muamalahconsulting.tripod.com

 

 

PERSONAL DETAILS

 

No

Details of Participants

 

Fee (“RM”)

1.

Name            :

Designation  :

*License No:

 

 

NRIC:

 

 

2.

Name            :

Designation  :

*License No:

 

 

NRIC:

 

3.

Name            :

Designation  :

*License No:

 

 

NRIC:

 

4.

Name            :

Designation  :

*License No:

 

 

NRIC

 

 

(Photocopy the form for additional participants)

                                     Gross Total

 

 

 

Less (Discount)

 

 

 

Net Total

 

 

Company’s name :

Tel no.                     :

Fax No.                 :

Person In charge :

Address                :

 

 

* For SC Licensed Representatives only

Payment Details: I have read and understood the booking terms and conditions. Please register the abovenamed participants and enclosed please find the required fee.

 

Authorised Signatory signature:  

Name                                        :                                   

Designation                               :

Date                                          :

 

Enter supporting content here

Muamalah Financial Consulting Sdn Bhd(494989-H)
17-1, First Floor, D'Bayu, Jalan Serambi U8/21,
Bukit Jelutong, 40150, Shah Alam, Selangor, Malaysia 
Tel:+603 7842 5187, +6012 212 5405 Fax:+603 7842 5201, +603-7847 3214
email : muamalah_consulting@hotmail.com