Sukūk (Islamic Bonds): Framework and Structures
– Part of the 8-Month Certified Islamic Finance Programme
About the Course:
The issuance of the Sovereign Maiden Sukuk (Islamic bonds) in 2014 by the British Government was the first of its kind in a non-Muslim majority country, and it has opened up new opportunities both for investors and corporates looking for alternative modes of finance.
The Sukuk is today a dominant investment tool and mechanism for raising equity in the expansion of Islamic finance landscape. Estimated currently at around $100 bn, Islamic bonds market is growing exponentially.
This one-day course will provide:
– Insights into Sukuk structures and associated shari’a aspects
– Better understanding of the Maiden Sovereign Sukuk under English law
– Detailed workings of various Sukuk structures and types such as Equity-Link Sukuk and Non-Equity-Link Sukuk.
Participants will have an opportunity to interact with practitioners. An opportunity not to be missed!
Date, Time & Venue:
Saturday 22nd April 2017
10.30am – 5pm
London Muslim Centre
Seminar Room (4th Floor)
£65.00 includes hand-outs and certification for course completion.
Shaykh Faizal Manjoo is an attorney at law, an academic and also a Shari’a scholar from South Africa, and a member of the Shari’a Supervisory Board of a number of Islamic Financial Institutions in South Africa, Bahrain, France and Mauritius. Presently based at the Markfield Institute for Higher Education (Leicester), he lectures in many universities as a guest lecturer and is a consultant in the field of Islamic Finance, family law and commercial law. He has authored a number of seminal works on Islamic Finance and is regular presenter at international conferences.
Shaykh Bilal Khan is uniquely positioned as both a ‘Magic Circle’ English qualified lawyer and an award-winning Shari’a scholar. He serves in an advisory capacity at the Shari’a Standards Review Committee of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and as Takaful Panel Member of the International Cooperative & Mutual Insurance Federation. A Hafidh of the Qur’an since the age of 11, he embarked on prolonged Shari’a education and training with ijaza (scholarly permission of transmission) from many leading scholars and jurists.
Jibreel Institute is the Arabic Language and Islamic Studies provider for adults at the East London Mosque and London Muslim Centre, offering a curriculum of quality classical and contemporary scholarship with balance and creativity made accessible and affordable.