Monday, June 30, 2008

SIDC to hold Islamic market programme


By Habhajan Singh

The week-long Islamic Markets Programme 2008 organised by the Securities Industry Development Corporation (SIDC) that begins on July 6 will bring together a vast number of industry practitioners.

Among them are international scholar and president of the International Institute of Islamic Finance (IIIF) Dr Mohd Daud Bakar, Se cur it ie s Commi ssion (SC) senior Shariah expert Dr Md Nurdin Mgadimon and Bursa Malaysia Bhd Shariah advisor Dr Aznan Hasan.

Among the topics to be discussed are the differences and similarities between Islamic and conventional finance.

Here, trainers will guide participants through the sources of law, underlying contracts of sale, leasing, partnership and wakalah. Also to be discussed will be the characteristics and features of Islamic capital market products for financing and investment.

This workshop will tackle issues relating to sukuk, stocks, funds, real estate investment trusts (REITs) and ETC structured products.

Meanwhile, the programme "Product Innovation: Integrating Shariah and Market Needs", will be led by course director Wan Abdul Rahim Kamil Wan Mohamed Ali (picture).

Other speakers include Badlishah Bashah (SC's Islamic Capital Market project manager for strategy and development), Jennifer Chang (PricewaterhouseCoopers senior executive director for tax services), Azman Ahmad (SC's head for issues and investment), Mohamed Ridza Abdullah (managing partner at Mohamed Ridza & Co) and Mohammad Faiz Azmi (partner at PricewaterhouseCoopers Malaysia).

(The Malaysian Reserve, Page 32, June 30, 2008)