[email protected] 48032091-4
[email protected] 48032091-4

Course Details

Shariah Standards for Financial Contracts in Islamic Banks and Financial Institutions (Joint program with CSBIB)

  • Title : Shariah Standards for Financial Contracts in Islamic Banks and Financial Institutions (Joint program with CSBIB)
  • Course TYPE : Training Workshop
  • Course No : TW52/2021
  • Duration : 02
  • Frequency : 01
  • Time : Wednesday 8th of December 2021 - Thursday 9th of December 2021
  • Nature: On campus (Residential)
  • Target Group : Senior Principal Officer or Equivalent Officer and above
  • Methods : Lecture, Group Discussion, Case Study, Panel Discussion and Formulation of Recommendation
  • Resource Person: BIBM Faculty and Professionals from Financial and other Institutions
  • Coordination Team :
    1 . Dr. Md. Mahabbat Hossain
    2 . Maksuda Khatun
  • Objectives:

    a.    To Acquaint the Participants with Modes of Shariah-based Contracts of Islamic Financial Institutions (IFIs).
    b.    To Familiarize the Participants with Shariah Requirements of Different Contracts. 

  • Contents:

    a.    Conceptual Aspects of Fiqh-al-Muamalat.
    b.    Shari’ah Standards for Deposit Mobilization of IFIs.
    c.    Shari’ah Standards for Investment Operations of IFIs.
    d.    Shari’ah Standards for Currency Exchange and Card Operation of IFIs.
    e.    Control on Gharar in Financial Transactions.

a.       BIBM member banks can access to the online nomination form before forty (40) days of the commencement of programs. BIBM member banks can nominate a maximum number of three (03) participants for a Training Workshop. Maximum number of participants in each 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 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 Training Workshop. No participant under the target group/level is allowed for participation in any Training Workshop.

b.      As per decision of the BIBM Governing Board, BIBM Member Banks (except Bangladesh Bank) are required to pay BDT 1500 per day per participant including holidays (if any) as training fees which also includes Accommodation, Food and other miscellaneous expenses. However, for Bangladesh Bank, the fee is BDT 500 per day per participant. All Fees are excluding VAT and Tax. 

c.       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 Workshop.

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

1st Session: 1005-1105

Refreshment: 1105-1130       

2nd Session: 1130-1230

Break: 1230-1235

3rd Session: 1235-1335

Lunch & Prayer Break: 1335-1430

4th Session: 1430-1530

Tea Break: 1530-1600

5th Session 1600-1700