Course Details


Reporting and Ethical Framework for Islamic Financial Institutions [Joint Program with CSBIB]

  • Title : Reporting and Ethical Framework for Islamic Financial Institutions [Joint Program with CSBIB]
  • Course TYPE : Training Course
  • Course No : TC24/2021
  • Duration : 05
  • Frequency : 01
  • Time : Sunday 8th of August 2021 - Thursday 12th of August 2021
  • Nature: Online
  • Target Group : Senior Officer or Equivalent Officer and above.
  • Methods : Lecture, Group Discussion and case study
  • Resource Person: BIBM Faculty and Professionals from Financial and Other Institutions
  • Coordination Team :
    1 . Md. Mahabbat Hossain , PhD, CIPA, CSAA
    2 . Maksuda Khatun
  • Objectives:

    a. To Acquaint the Participants with Different Shariah-Based Contacts.

    b. To Familiarize the Participants with Reporting Framework of an Islamic Financial

    c.  To Acquaint the Participants with Code of Ethics for Islamic Finance Professionals.

     

  • Contents:

    a. Fundamental Principles, Modes and Elements of Shari’ah -Based Contracts.

    b. Accounting Concepts, Framework & General Presentation by Islamic Financial. Institution (IFI) with reference to AAOIFI Standards.

    c. Accounting and Shari’ah Standards for Murabahah, Qard and Possessions.

    d. Accounting and Shari’ah Standards for Mudarabah and Profit Distribution for Depositors.

    e. Accounting and Shari’ah Standards for Musharakah, Syndication and Combination of

    f. Accounting and Shari’ah Standards for Ijarah and Investment in Real Estate.

    g. Accounting and Shari’ah Standards for Salam and Istisna’a.

    h. Corporate and Shari’ah Governance of IFIs.

    i. Code of Ethics for Accountants and Auditors.

    j. Code of Ethics for Islamic Finance Professionals.

     

Terms & Conditions:

1. BIBM member banks can access the online nomination form before forty (40) days of the commencement of programs. BIBM member banks can nominate a maximum number of five (05) participants for a Training Course / Training Workshop. The maximum number of participants in each Training Course / Training Workshop is 40. However, if the number of total nominees exceeds the maximum number, a final list of 40 participants will be prepared by the BIBM authority which will be available online five (05) days prior to the commencement of the Training Course / Training Workshop. Information in regard to rejection of any nomination will be communicated to the concerned bank at least three (03) days before the commencement of the Training Course / Training Workshop. No participant under the target group/level is allowed to participate in any Training Course / Training Workshop.

2.  All member banks are required to pay Tk.1000 per day per participant including holidays (if any) as a course fee. All charges are excluding VAT and Tax.

3. The pay order/bank draft drawn in favor of ‘Bangladesh Institute of Bank Management” has to be sent at least seven (07) days prior to the commencement of the Training Course / Training Workshop.

4. BIBM will send Meeting ID to the nominated participants (through email) to join the zoom meeting app-based interactive session. Moreover, the course Coordination Team and BIBM Training Wing will regularly communicate with the nominated participants for further updates.

5. The Training for each day will be as follows:

1st Session: 11.00 am – 12.00 pm      

2nd Session 12.05 pm – 13.05 pm

Lunch & Prayer Break: 13.05 pm – 14.05 pm

3rd Session 14.05 pm – 15.05 pm

4th Session 15.10 pm – 16.10 pm