Islamic Trade finance training on offer

The 10th Islamic Finance Access Program (IFAP) on Islamic trade finance (ITF) is scheduled in London on July 6.

The one-day training program is part of the IFAP, which aims at bringing the highest quality of Islamic financial intelligence to executives and decision-makers in the industry.

IFAP was developed by Professor Humayon Dar in collaboration with leading practitioners and organizations in the industry with a view to offering expert advice and training to those interested in Islamic finance, with a major focus on conventional institutions offering Islamic financial products.

Following are the tentative topics of the program: Shariah and legal issues related to ITF, ITF operations, models of ITF, commodity Murabaha transactions, risk in ITF and how it can be managed, impact of new rules and regulations and payment procedures in ITF.

The attendees will receive an HD certificate in ITF, which may serve as a gateway to more advanced qualifications like the certificate in Islamic finance offered by Chartered Institute of Management Accountants, Islamic Finance Qualification (IFQ) offered by the Chartered Institute of Securities and Investment (CISI) and the Postgraduate Diploma in Islamic Banking and Finance offered by The Institute of Islamic Banking and Insurance (IIBI).

The IFAP is a forum from an informative, educational and networking perspective. Professor Dar is described as an expert in this field, with Fidomes associated with the IFAP. (Noeleen Goes-Farrell, Director Trident Fund Services (Luxembourg, Fidomes)

The IFAP run by Edbiz Consulting is extremely informative, focused and well run. It partners with carefully selected industry players, bringing to bear a variety of perspectives and a wealth of knowledge about the Islamic finance market. (Rosali Pretorius, Partner, SNR Denton)

Those involved in trade finance from banks and corporate entities, Islamic banking and professionals, consultants and lawyers, Shariah advisers and scholars, government representatives, and academics and professionals will find the program interesting and rewarding.


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