An Introduction to Islamic Finance - The Nuts & Bolts

Introduction

The global Islamic finance sector is worth $2.2 trillion, and it is expected to expand by 10% in 2023-2024. But how does it all work and fit together?

Aimed at business lawyers, accountants and financial service advisors in the UK and EU, this new virtual classroom seminar will provide you with an overview of Islamic law concepts and the current shape of Islamic finance.

Presented by experienced Islamic finance lawyer, and partner at Foot Anstey, Imam Qazi, this session will look at the mechanisms of key Islamic financing structures, and the commercial needs they fulfil.

Common considerations that arise for key stakeholders in Islamic finance will also be discussed, ensuring that you will come away with a good understanding of Islamic finance and how it works in practice.

What You Will Learn

This live and interactive session will cover the following:

• The size and shape of the UK and EU Islamic finance market in 2023
• Recent trends within the UK and EU Islamic finance market
• Key players within the UK and EU Islamic finance market in 2023
• Banks
• Investment entities (e.g. funds)
• FinTech companies
• Shariah principles and prohibitions
• Key Islamic financing structures
• Murabaha
• Commodity Murabaha
• Ijarah
• Diminishing Musharakah
• Istisna
• The role of offshore vehicles in Islamic finance structures
• How Islamic financiers make investment decisions
• How stakeholders find commonly agreeable exemptions that facilitate investment
• How Shariah approval can be given to an entity, project, or transaction
• The relationship between Shariah approval, governing law, and jurisdiction

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.