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Advisory Board

The Special Shari’ah Board operating under AMANAH CONSULTINGS GROUP LLC serves as a key advisory and supervisory body, responsible for defining the company's

Audit of Islamic Financial Institutions

The Islamic financial institutions audit service provided by AMANAH CONSULTINGS GROUP is a form of independent oversight that ensures the activities of Islamic

Advisory Services on Establishing Takaful or Takaful Windows

Takaful is an Islamic alternative to conventional insurance, based on the principles of mutual guarantee

Advisory Services on Re-Takaful

Re-Takaful is a Shari’ah-compliant alternative to conventional reinsurance. It refers to a system whereby Takaful

Advisory Services on Establishing Islamic Windows in Banks

Islamic finance is a rapidly growing global sector, and its integration into

Consultancy Services for Converting a Conventional Bank into an Islamic Bank

Converting a conventional commercial bank into a fully-fledged Islamic bank

Advisory Services on Establishing a New Islamic Bank

Establishing an independent bank that fully adheres to Islamic finance principles is a major strategic initiative that

Advisory Services on Sukuk Issuance

Sukuk is a Shari’ah-compliant financial instrument that, unlike conventional bonds, is not based on interest (riba) but rather structured on ownership

Advisory Services on Mobilizing Islamic Finance Resources

The Islamic finance market is rapidly expanding, with billions of dollars in resources worldwide seeking Shari’ah-compliant projects.

Training Programs on Islamic Finance

In today’s financial world, Islamic approaches are gaining increasing popularity. To understand Shari’ah-compliant financial systems properly, apply them correctly in practice,

Main and supplementary training programs

Introduction to Islamic Finance (Financial Literacy in Islamic Finance) Islamic finance is an alternative financial system organized within the framework of Shariah principles based

Advisory Board

The Special Sharia Council, which operates within “AMANAH CONSULTINGS GROUP” LLC, is a key advisory and supervisory body that determines companies’ strategic direction, evaluates large-scale projects, and ensures their compliance with Islamic finance principles.

This council consists of experienced specialists, auditors, Sharia consultants, and economists. According to its charter, the Special Council performs the following functions:

The Sharia Council is a body consisting of up to three Islamic jurisprudence scholars appointed by the Board of Directors for a four-year term. Its main functions are:

 

Sharia Council – Main Functions (Summary)

 

  1. Monitoring Sharia Compliance The council ensures that all activities of the financial organization comply with Islamic law (Sharia). All operations must be permissible, interest-free, and fair.

  2. Issuing Rulings The council provides Islamic legal rulings on financial products.

  3. Reviewing Contracts and Operations It checks that all contracts and documents conform to Sharia. There should be no ambiguity, prohibited conditions, or unjust agreements.

  4. Preparing an Annual Report An annual report on the financial activities’ compliance with Sharia is presented to the shareholders. This report includes information on profit distribution, zakat, and impermissible earnings.

  5. Supervising Profit and Loss Distribution It ensures that the profit and loss are distributed fairly between investors and the bank. All terms must be in accordance with Sharia.

  6. Excluding Impermissible Earnings If earnings are obtained from a forbidden source, they are set aside for charity. This maintains the purity (tayyib) of the earnings.

  7. Appointing Assistants The council may appoint an individual to assist in its duties. This ensures that audits are conducted efficiently.

  8. Defining Official Appointment Terms The duties and responsibilities between the council members and the bank/company must be defined in writing. This guarantees the council’s independence.

Conclusion:

The Sharia Council ensures justice, integrity, and transparency within the financial institution based on Islamic principles. It protects the activities of clients, investors, and the bank from forbidden acts.

Furthermore, it has the following functions:

  • Reviewing decisions and providing recommendations on the company’s main business areas.

  • Analyzing Sharia compliance and developing Sharia-compliant recommendations.

  • Assessing the level of risk in large-scale investments and projects.

The Special Sharia Council also plays a vital role in ensuring reliable governance and integrity by providing advice, conclusions, and recommendations regarding the activities of the general assembly of participants and the director.

Audit of Islamic Financial Institutions

The Islamic financial institutions audit service provided by AMANAH CONSULTINGS GROUP is a form of independent oversight that ensures the activities of Islamic banks, takaful companies, investment funds, and other financial institutions comply with Shari’ah and financial regulations.

The main objective of this audit is to verify and strengthen the organization’s compliance with the principles of the Qur’an, Sunnah, and Islamic jurisprudence (Fiqh), as well as with international Islamic financial standards such as those issued by AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions).

The audit covers the following areas:

ü  Shari’ah review of the institution’s contracts, agreements, and operations

ü  Assessment of the Shari’ah boards’ activities and compliance with their rulings

ü  Evaluation of the financial statements for Shari’ah compliance

ü  Determination of the ratio of halal and haram assets, and, if necessary, proposing purification measures

ü  Review of the institution’s internal control systems for conformity with Islamic finance requirements

According to the relevant provisions of the company’s Charter, audit services are conducted on a legal basis and in accordance with professional standards. The audit opinion reinforces the organization’s reliability, Shari’ah compliance, and transparency to investors.

This service is especially essential for institutions operating in the Islamic finance sector, as it enhances their financial credibility and ensures alignment with international standards.

Advisory Services on Establishing Takaful or Takaful Windows

Takaful is an Islamic alternative to conventional insurance, based on the principles of mutual guarantee and solidarity. AMANAH CONSULTINGS GROUP offers professional advisory services for organizations that operate in this field or seek to launch Takaful operations, including the establishment of full-fledged Takaful companies or dedicated Takaful windows within existing insurers.

This service includes the following stages:

ü  Assessment of the organization’s structure and activities for compliance with Islamic finance principles

ü  Development of the legal, financial, and Shari’ah foundations of Takaful operations

ü  Drafting and adaptation of organizational documents (charters, regulations, policies)

ü  Implementation of a Shari’ah Supervisory Board and monitoring mechanisms

ü  Selection of halal investment directions and formation of a secure asset portfolio

ü  Assistance with registration and licensing processes before regulatory authorities

ü  Training and advisory support for staff in Islamic insurance practices

This advisory service is designed not only for establishing standalone Takaful companies but also for setting up Takaful windows within conventional insurance companies.

It is carried out in strict adherence to Islamic finance principles and is aligned with the types of activities authorized under Chapters IV and XIII of the company’s Charter. Through the establishment of a Takaful window, companies gain the opportunity to serve clients in the Islamic financial market and pursue a path of growth that is halal and Shari’ah-compliant.

Advisory Services on Re-Takaful

Re-Takaful is a Shari’ah-compliant alternative to conventional reinsurance. It refers to a system whereby Takaful companies distribute their risks through other Islamic insurance entities, ensuring mutual protection while maintaining adherence to Islamic principles.

AMANAH CONSULTINGS GROUP provides advisory services to organizations seeking to implement Re-Takaful operations or integrate Re-Takaful into their existing Takaful frameworks, with support in the following areas:

ü  Selection of an appropriate Re-Takaful model and development of its Shari’ah foundations

ü  Assistance in identifying and partnering with reputable Re-Takaful companies

ü  Shari’ah review of contracts and financial mechanisms involved in Re-Takaful operations

ü  Integration of Re-Takaful into existing Takaful structures and systems

This service supports institutions in risk mitigation, building reliable reserves, and ensuring ongoing Shari’ah compliance in their risk management strategies.

Advisory Services on Establishing Islamic Windows in Banks

Islamic finance is a rapidly growing global sector, and its integration into conventional banking systems has become increasingly significant. In this context, AMANAH CONSULTINGS GROUP offers comprehensive advisory services for establishing Islamic finance departments (Islamic windows) within traditional commercial banks.

Through this service, banks can reach clients seeking halal financial services, participate actively in the Islamic finance segment of the market, and diversify their operations.

The service includes the following stages:

ü  Assessment and Preparation: Evaluation of the bank’s existing infrastructure, products, and operational models to assess compatibility with Islamic finance.

ü  Shari’ah Documentation and Policies: Development of guidelines, policies, and procedures to govern the operation of the Islamic window.

ü  Shari’ah Governance System: Establishment of a Shari’ah Supervisory Board and implementation of continuous Shari’ah audit mechanisms.

ü  Islamic Financial Products: Design and documentation of Islamic financial instruments (e.g., Murabaha, Ijarah, Mudarabah, Musharakah, etc.).

ü  Regulatory Compliance: Support in legal and technical coordination with the Central Bank and other regulatory authorities.

ü  Staff Training: Organization of educational and training programs in Islamic finance for bank personnel.

The ultimate outcome is the successful establishment of a Shari’ah-compliant division within the bank, offering reliable halal financial services to clients and strengthening the bank’s position in the competitive financial market.

Consultancy Services for Converting a Conventional Bank into an Islamic Bank

Converting a conventional commercial bank into a fully-fledged Islamic bank is a complex yet promising strategic process. It enables the institution to expand into new markets by offering financial services based on Shari’ah principles. AMANAH CONSULTINGS GROUP provides expert advisory and practical support throughout this transformation journey.

The main objective of the service is to restructure the bank’s operations in line with the Qur’an, Sunnah, Islamic jurisprudence (Fiqh), and international standards such as those issued by AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions), ultimately turning it into a fully compliant Islamic bank.

The service includes:

ü  Initial Assessment: Analyzing the bank’s activities, income sources, assets, and liabilities for Shari’ah compliance

ü  Strategic Roadmap: Developing a phased strategic plan for transformation

ü  Shari’ah-Compliant Documentation: Aligning the bank’s charter, products, services, and policies with Islamic principles

ü  Shari’ah Governance: Establishing a dedicated Shari’ah Supervisory Board for ongoing oversight

ü  Product Replacement: Replacing interest-based products with Shari’ah-compliant financial instruments (e.g., Murabaha, Ijarah, Mudarabah, Musharakah, etc.)

ü  Internal Systems Adaptation: Updating IT, risk management, accounting, audit, compliance, and HR systems to meet Islamic banking requirements

ü  Staff Training: Organizing specialized training programs and consultations for employees and management

ü  Regulatory Alignment: Ensuring full compliance with the Central Bank and other regulatory authorities

Upon completion, the bank is officially restructured as an Islamic financial institution. This significantly enhances its appeal to clients seeking halal financial services, as well as to international investors and partners.

Advisory Services on Establishing a New Islamic Bank

Establishing an independent bank that fully adheres to Islamic finance principles is a major strategic initiative that requires thorough planning, strict Shari’ah compliance, and full alignment with regulatory requirements. AMANAH CONSULTINGS GROUP provides comprehensive consultancy services for investors and initiators aiming to set up a new Islamic bank.

As outlined in Chapter IV of the company’s Charter, the organization is authorized to support the establishment of Islamic banks and financial institutions by providing legal and advisory assistance. This service falls directly within that mandate.

The service includes the following stages:

Ø  Legal and Shari’ah Analysis: Identification of key legal actions based on current legislation, regulatory requirements, and Islamic finance standards

Ø  Bank Concept Development: Defining the bank’s operational focus, service offerings, and product strategy

Ø  Drafting Governance Documents: Preparation of the Shari’ah-compliant charter, bylaws, internal policies, and operational procedures

Ø  Formation of a Shari’ah Board: Establishment of a board to issue fatwas and oversee Shari’ah compliance

Ø  Licensing and Registration: Full support throughout the licensing and registration process with the Central Bank, including submission of technical documentation

Ø  Internal Systems Setup: Alignment of IT infrastructure, risk management, audit, financial governance, and HR systems with Islamic standards

Ø  Training of Personnel: Delivery of practical training programs and workshops in Islamic finance for executive leadership and staff

Final Outcome:
A fully-fledged Shari’ah-compliant financial institution is established, gaining the official status of an Islamic bank. It becomes a reliable, competitive player in markets with high demand for halal financial services and attracts interest from major international investors.

Advisory Services on Sukuk Issuance

Sukuk is a Shari’ah-compliant financial instrument that, unlike conventional bonds, is not based on interest (riba) but rather structured on ownership of real assets and profit derived from their performance. Today, sukuk is widely used as a reliable and halal means of raising capital through financial markets.

AMANAH CONSULTINGS GROUP offers professional advisory services for companies, banks, and government institutions planning to issue sukuk, covering the following key areas:

Scope of Services:

Ø  Shari’ah Compliance Review of the Project: Assessment of the underlying asset or project to ensure compliance with Islamic finance principles

Ø  Selection of Sukuk Structure: Recommendations on the most appropriate type of sukuk — such as Mudarabah, Ijarah, Musharakah, Wakalah, or Hybrid structures

Ø  Documentation Preparation: Drafting of the prospectus, contracts, and other related legal and Shari’ah-compliant documents

Ø  Shari’ah Endorsement: Validation of the sukuk structure by a Shari’ah Supervisory Board and implementation of Shari’ah monitoring

Ø  Investor and Market Engagement: Development of presentations, financial models, and investor materials for potential domestic and international investors

Ø  Regulatory Compliance: Advisory on meeting the requirements of the Central Bank and financial market regulatory authorities

Outcome:
By issuing sukuk, the institution ensures full Shari’ah compliance while attracting the interest of both local and international investors through a reliable and halal financial instrument.

Advisory Services on Investing Funds in Shariah-Compliant (Halal) Businesses

In today’s dynamic economic environment, every investor seeks to allocate their capital not only based on profitability, but also on ethical integrity, Shari’ah compliance, and responsible financial principles. Especially in a time when interest in Islamic finance is growing rapidly, choosing the right halal investment path has become a critical necessity.

AMANAH CONSULTINGS GROUP offers advisory services to both large and small investors, funds, and companies aiming to channel their capital into Shari’ah-compliant, blessed, and trustworthy projects.

Scope of Services:

Ø  Shari’ah Audit: Assessing the compliance and ethical integrity of investment projects and business activities.

Ø  Sector Selection: Recommending halal business opportunities in sectors such as construction, manufacturing, healthcare, education, agribusiness, IT, and logistics.

Ø  Partner Matching: Connecting investors with trustworthy project owners or businesses operating in accordance with Shari’ah principles.

Ø  Financial Structuring: Designing investment models based on Mudarabah, Musharakah, or Ijarah principles.

Ø  Risk and Return Analysis: Evaluating the potential blessings of the investment alongside profitability and risk levels.

Ø  Ongoing Monitoring: Providing continuous oversight and reporting of the investment from both Shari’ah and financial perspectives.

Outcome:
The investor generates income based on integrity, social responsibility, and Shari’ah principles by investing in halal and economically sustainable projects. This leads to long-term trust, peace of mind, and financial stability.

Advisory Services on Mobilizing Islamic Finance Resources

The Islamic finance market is rapidly expanding, with billions of dollars in resources worldwide seeking Shari’ah-compliant projects. Mobilizing these resources is an effective way to secure halal, long-term, and blessed sources of financing.

AMANAH CONSULTINGS GROUP offers comprehensive advisory services for medium and large businesses, financial institutions, government projects, and emerging entrepreneurs aiming to attract Islamic financial resources.

Scope of Services:

ü  Project Evaluation: Preparing Shari’ah, financial, and social assessments of the project or organization seeking funding.

ü  Selection of Islamic Financing Models: Identifying appropriate funding structures such as Mudarabah, Musharakah, Sukuk, Ijarah, Wakalah, and others.

ü  Partner Matching: Establishing connections with local or international Islamic financial institutions, investment funds, and Islamic banks.

ü  Preparation of Documentation and Presentations: Developing persuasive, Shari’ah-compliant, and financially sound materials for investors and donors.

ü  Negotiation Support: Assisting in the drafting of contract terms and facilitating negotiations with potential investors.

ü  Monitoring and Reporting: Ensuring the funds are utilized appropriately and in compliance with Shari’ah principles, and providing Shari’ah-based financial reports.

Outcome:
The organization or project gains access to halal, sustainable, and long-term financial support, while the investor is assured of placing their capital in a reliable Shari’ah-compliant venture. This creates a mutually beneficial and stable partnership.

Training Programs on Islamic Finance

In today’s financial world, Islamic approaches are gaining increasing popularity. To understand Shari’ah-compliant financial systems properly, apply them correctly in practice, and uphold the principles of integrity, qualified professionals are essential.

AMANAH CONSULTINGS GROUP offers Islamic finance training and educational programs at various levels to meet this growing demand.

The training courses are designed for financial institutions, banks, investment funds, insurance companies, government agencies, startups, and entrepreneurs. They equip participants with practical skills and Shari’ah-based knowledge in a balanced and applicable format.

Training Areas

Core Concepts

v  Fundamental principles of Islamic finance

v  Financial dealings in Shari’ah: Riba (interest), Gharar (uncertainty), and Maysir (gambling)

v  Shari’ah-based approaches and the culture of ethical finance

Financial Products

Ø  Key Islamic financial instruments: Murabaha, Ijarah, Mudarabah, Musharakah

Ø  Application of Sukuk (Islamic bonds) and Takaful (Islamic insurance)

Ø  Shari’ah compliance and investment screening

Practical Experience

ü  Hands-on work with real documents and product structuring

ü  Decision-making based on Shari’ah rulings and fatwas

ü  Establishing internal Shari’ah compliance systems

Target Audience

²  Employees of banks and financial institutions

²  Members and advisors of Shari’ah boards

²  Investment managers

²  Entrepreneurs and individuals seeking financial self-reliance

Training Formats

²  In-person workshops and practical sessions

²  Online webinars and video courses

²  Corporate in-house training upon request

²  Intensive modular courses (2–5 days)

Certification and Continued Development

Participants receive a certificate upon successful completion. Programs are tailored for upskilling, retraining, and continuous professional development. They are regularly updated with the latest trends, standards, and Shari’ah-based practices.

Our Goal

To prepare deeply knowledgeable and practically capable professionals in Islamic financial services. We aim to expand each participant’s understanding, enable decision-making grounded in ethical principles, and contribute to the development of a blessed and responsible economic environment.

Main and supplementary training programs

1. Introduction to Islamic Finance (Financial Literacy in Islamic Finance)

Islamic finance is an alternative financial system organized within the framework of Shariah principles based on the Qur’an, Sunnah, and Islamic jurisprudence (fiqh). Its main goal is not only to generate financial profit, but to serve social benefit by adhering to principles of economic justice, honesty, responsibility, and blessings (barakah).

Islamic finance distinguishes itself from the global financial system through its unique approach. While conventional finance usually operates on a capital-based and interest-bearing credit model, Islamic finance is asset-based, risk-sharing, and directed toward lawful (halal) sectors.

The fundamental principles in Shariah include:

²  Riba (interest): Any loan involving interest and profit from it is prohibited.

²  Gharar (uncertainty): Transactions must be clear and transparent.

²  Maisir (gambling): Financial activities based on speculation and gambling are forbidden.

²  Halal activities: Investments must be made only in Shariah-compliant (permissible) sectors.

²  Risk and profit sharing: Financial relationships are built on partnership and fairness.

During the training, participants will gain general knowledge about:

Ø  The history and development of Islamic finance,

Ø  Its differences from conventional finance,

Ø  Key contracts (Murabaha, Mudaraba, Musharaka, Ijara, Salam, Istisna‘),

Ø  International organizations (AAOIFI, IFSB, IIFM),

Ø  Its social and economic role.

In practical sessions:

Ø  Differences between conventional and Islamic banks will be analyzed;

Ø  Real-life examples will be used to assess Shariah compliance in financial transactions;

Ø  Concepts will be reinforced through mini-tests and group discussions.

This module serves to improve financial literacy in Islamic finance and prepares participants to analyze complex financial instruments.

2. Assets and Liabilities of Islamic Banks

As an Islamic Financial Consulting Group, organizing effective training on the assets and liabilities of Islamic banks plays a vital role in deeply understanding Shariah-compliant financial systems. This training provides participants with in-depth knowledge of how banks structure their assets through contracts such as Murabaha, Ijara, Mudaraba, Musharaka, Salam, and Istisna’, and form their liabilities through Mudaraba deposits, Qard Hasan, Wadi‘a, and Sukuk.

Each contract is based on the core principles of Islamic finance – prohibition of riba (interest), risk-sharing, and asset-backing.

The training consists of six modules and includes lectures, real-life case studies, group discussions, and simulations. Initially, the balance sheet structure of an Islamic bank is analyzed. Then, participants study real contracts such as Murabaha and Ijara in groups. On the liabilities side, discussions are organized based on Sukuk and deposits, and a concept map is developed.

A dedicated session introduces participants to AAOIFI Shariah standards and teaches how to match real-life cases with appropriate contracts.

The most important phase of the training is designing a simulated portfolio, where participants work in teams to develop a Shariah-compliant bank portfolio considering risk and profitability. At the end, a test and general review are conducted to consolidate knowledge.

Additional materials such as manuals, flashcards, and certificates of participation may be provided. Overall, this training gives participants both theoretical and practical insight into the financial operations of Islamic banks.

3. Takaful and Re-Takaful

As an Islamic Financial Consulting Group, we organize training on Takaful and Re-Takaful systems to help participants gain a deep understanding of Islamic insurance mechanisms. Takaful is a cooperative system in which participants pool predetermined contributions to assist any member who suffers a loss, based on mutual solidarity, charity (tabarru’), and risk-sharing.

According to AAOIFI standards, a Takaful company manages insurance operations either on a wakala (agency) or mudaraba (profit-sharing) basis. The company maintains separation between its own assets and those of its participants. Contributions from participants are donated to the insurance fund as charity. Any surplus is used for the benefit of the participants or returned to them.

Re-Takaful refers to the process by which a Takaful company transfers some of its risks to another Takaful (or conditionally, a conventional) company. This risk reallocation allows broader diversification. Re-Takaful contracts are also based on principles of charity, fairness, transparency, and mutual consent.

During the training, participants will study:

Ø  The legal foundations of Takaful,

Ø  The financial model of Takaful,

Ø  Re-Takaful contracts,

Ø  Compliance with AAOIFI standards through practical case studies.

Group exercises, schematic analyses, and tests will deepen participants’ understanding and train them to assess insurance systems from a Shariah perspective.

4. Sukuk

Sukuk, a fundamental component of Islamic financial markets, are equal-value investment certificates that represent ownership in real assets or services. Unlike conventional bonds, Sukuk are not based on interest (riba) but rather on ownership of sacred assets.

According to AAOIFI’s Shariah Standards, Sukuk can be structured based on:

Ø  Ijara (lease of assets),

Ø  Musharaka or Mudaraba (partnerships),

Ø  Salam, Istisna‘, Murabaha, or

Ø  Rights to use services.

Each Sukuk issuance must be asset-backed and represent collective ownership.

In this training, participants will learn:

Ø  Types of Sukuk (e.g., Ijara Sukuk, Mudaraba Sukuk, Istisna‘ Sukuk),

Ø  Their structures and Shariah compliance requirements,

Ø  Associated risks and mitigation approaches,

Ø  Shariah-based trading and buy-back regulations.

In practical sessions, participants will develop schemes based on real Sukuk issuances, review documentation, and evaluate Shariah compliance. The economic and social benefits of investment through Sukuk will also be discussed.

By the end of the training, participants will be ready to structure, evaluate, and trade Sukuk in accordance with AAOIFI standards.

5. Islamic Capital Market

The Islamic capital market is a system that ensures Shariah-compliant operations of investment instruments, activities, and infrastructure within financial markets. Its main goal is to create a lawful, blessed, and just investment environment in society and to encourage financial growth based on real assets.

Key components of the Islamic capital market include:

Main instruments:

Ø  Sukuk (Islamic bonds): Asset-based investment certificates used for raising capital, emphasizing ownership, risk, and profit-sharing.

Ø  Islamic shares: Investing through shares of companies operating according to Shariah.

Ø  Islamic investment funds: Collective investment tools based on Musharaka, Mudaraba, Ijara contracts.

Ø  Shariah-compliant indexes: Used as benchmarks for observation and assessment in capital markets.

Shariah requirements:

Ø  Must be free from riba (interest).

Ø  Must avoid gharar (excessive uncertainty).

Ø  Activities must focus on halal (permissible) sectors.

Ø  Profits and losses must be shared fairly among participants.

Key training topics:

Ø  General structure and legal foundations of the Islamic capital market,

Ø  Sukuk types and underlying contracts (Ijara, Mudaraba, Istisna‘),

Ø  Islamic shares: selection criteria and Shariah screening,

Ø  Investment funds and their Musharaka/Mudaraba structures,

Ø  Risk management, liquidity, and transparency issues in the market,

Ø  Operational assessment and compliance monitoring based on AAOIFI standards.

Practical sessions include:

Ø  Analyzing Sukuk projects and developing structure diagrams,

Ø  Practicing Shariah screening by evaluating shares according to compliance standards,

Ø  Simulation: creating a Shariah-compliant investment fund,

Ø  Index analysis: how Islamic indexes are structured and evaluated.

Outcome:
By the end of the training, participants will have a full understanding of Islamic capital market instruments and procedures, and will gain the skills to evaluate and make Shariah-compliant investment decisions. This prepares them to make responsible, ethical, and beneficial financial choices.