Advisory Services in Islamic Economics and Finance

Islamic Research and Training Institute2

Kuala Lumpur

JEDDAH

Almaty

Jakarta

Rabat

Dakar

Ankara

Abuja

DhakaCairo

Islamic Development Bank Group (IDBG)

Headquarters: Jeddah, Saudi Arabia

Regional Offices:Almaty, Kazakhstan Kuala Lumpur, Malaysia Rabat, MoroccoDakar, Senegal

Gateway Offices:Ankara, TurkeyJakarta, IndonesiaAbuja, NigeriaDhaka, BangladeshCairo, Egypt

• ProjectFinancing• DevelopmentAssistance• PovertyAlleviation• TechnicalAssistance/CapacityBuilding• TradeCooperation&Finance• SMEFinancing• ResourceMobilization• EquityInvestments• Insurance&Reinsurance• Research&TraininginIslamicFinance• AwqafInvestment&Financing• Scholarships• EmergencyRelief• PublicandPrivateSectorAdvisory*(S&P,Moody’sandFitch)

IDBG Vision

“TofostertheeconomicdevelopmentandsocialprogressofmembercountriesandMuslimcommunitiesindividuallyandcollectivelyinaccordancewiththeprinciplesofShari’ah”

➣ 56 member countries ➣ USD 150 billion+ capital➣ Rated AAA*

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Islamic Development Bank Group (IDBG)

IDBisaninternationalfinancialinstitutionestablishedin1395H (1975)tofostereconomicdevelopmentandsocialprogressofmembercountriesandMuslimcommunitiesinnon-membercountries

ITFCwasestablishedin1429H (2008)toencouragetradeamongOrganizationofIslamicCooperation(OIC)membercountries

IRTIwasestablishedin1401H (1981)toleadandsustainthedevelopmentofadynamicandcomprehensiveIslamicFinancialServicesIndustry(IFSI)

ICIECwasestablishedin1415H (1994) to boost intra-tradeamongOICmembercountriesbyprovidingShari’ah-compliantexportcreditinsuranceandre-insurancefacilities

ICDwasestablishedin1420H (1999)topromoteprivatesectordevelopmentinmembercountriesbyprovidingawiderangeofShari’ah-compliantfinancialproductsandservices

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Islamic Research and Training Institute (IRTI)

➣ Leading and sustaining the development of a dynamic and comprehensive Islamic Financial Services Industry (IFSI)

➣ Supporting the socio-economic development of member countries and Muslim communities in non member countries

Vision

“To be the global knowledge center for Islamic economics and finance by 1440H”

Mission

“To inspire and deliver cutting edge research, capacity building, advisory and information services in the area of Islamic economics and finance”

Asacenterofexcellence,IRTIundertakesresearch,conductstraining,providesadvisoryservicesandenhancescapacitybuildinginbasicandappliedIslamiceconomics,bankingandfinance

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IRTI Departments and Divisions

Researchandinnovationtoenablethedevelopmentofeconomic,financialandbankingactivitiesinMuslimcountriesinconformitywithShari’ah

EnablinggrowthanddevelopmentoftheIslamiceconomicsandfinanceindustrybyprovidingsolutionstoclientsandstakeholdersinthepublicandprivatesector

Disseminationofresearchandpolicyfindingsindifferentfieldsthroughseminars,workshopsandtrainingprogrammesforIDBmember countries

Development,updatingandmaintenanceofdatabasesandknowledgesourcesofIslamicbankingandfinance,anddisseminationofindustrydatatostakeholders

Research & Advisory Department

Training & Information Department

Divisions

AdvisoryResearch

Information&

KnowledgeTraining

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IRTI Products and Services

Research and Publications

Encouragement Programs

Advisory Services

Capacity Building and Training

Information Services

Learning Initiatives

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Advisory Activities

Product Development

Knowledge Dissemination

Advisory ServicesIslamic

Economics & Finance Advisory

Customized Training

• FinancialProductsfromIslamicFiqh• ZakatandAwqafProducts• IslamicFinancialProductDevelopment

• RegulatoryFrameworks• Shari’ahResearch,Guidelines&Toolkits• IslamicBankingWindows• ConversiontoIslamicBanking• Shari’ahAuditandAdvisory• TechnicalSupportforSukukIssuance

• Shari’ahGovernance• Shari’ahStandards• IslamicBankingProductsandInstruments• WaqfandZakat

• Lectures• Symposia• Conferences• Publications

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Advisory Team

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Advisory Team

• Dr. Azmi OmaristheDirectorGeneralofIRTI• Dr.Azmiisaleadingacademician,IslamicFinanceexpertandafrequentspeakeratglobalconferencesandevents

• Dr.AzmiwaspreviouslyDeputyRectorattheInternationalIslamicUniversityMalaysia,wherehewasinstrumentalinestablishingacenterofexcellenceforIslamicEconomicsandFinance

• Dr.AzmiholdsaPhDinFinancefromBangorUniversity,Wales,UnitedKingdomandaMastersinBusinessAdministrationfromtheNorthernIllinoisUniversity,USA

• Dr. Ahmed IskanderaniistheActingDirectorofResearchandAdvisoryServicesDepartment at IRTI

• Dr.IskanderaniisaPrincipalKnowledgeManagementandInformationTechnologyexpertwhohaslednumerousmajorKnowledgeManagement,ITstrategyandtransformationprojectswithinIDBandOICMemberCountries

• Dr.IskanderaniholdsaPhDinComputer,InformationandControlEngineeringfromtheUniversityofMichigan,AnnArbor,USAandaMastersinElectricalandComputerEngineeringfromUniversityofCalifornia,USA

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Advisory Team

• Yahya Aleem ur RehmanistheDivisionManagerforAdvisoryServicesinIslamicEconomicsandFinanceatIRTI

• YahyaisaDevelopmentEconomistwithsignificantexperienceandexpertiseinIslamicfinance,strategydevelopment,feasibilitystudies,businessplanning,capacitybuildingand project management across Europe, Middle East and South Asia

• YahyaisaRhodesScholarandholdsaMastersinEconomicsfromtheInternationalIslamicUniversity,Pakistan,aMastersinDevelopmentManagementfromtheLondonSchoolofEconomicsandaMastersinPoliticsandEconomicsfromtheUniversityofOxford,UnitedKingdom

• Abdulmonem AddasistheLeadIslamicFinanceSpecialistatIRTI• Abdulmonemisanexpertininvestmentandcommercialbankingwithover25yearsexperienceinadvisingclientsinmoneyandcapitalmarkets,businessexpansion,productstructuringanddevelopmentacrossEurope,MiddleEastandNorthAmerica

• AbdulmonemhasaMastersinBusinessAdministrationwithDoubleMajorsinFinanceandFinancialMarketsfromColumbiaBusinessSchool,ColumbiaUniversity,NewYorkandBachelorsinFinance,InsuranceandRealEstatefromtheCaliforniaStatePolytechnicUniversity,USA

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Advisory Team

• Dr. Layachi FeddadisaSeniorIslamicFinanceSpecialistatIRTI• Dr.LayachiisaShari’ahexpertwithover30yearsofexperienceinShari’ahcompliantproductstructuring,conversion,governance,reviewandauditforpublicandprivatesector entities

• Dr.LayachiisanexpertofFiqhAcademyandrepresentsIDBasarepresentativeontheShari’ahBoardofAAOIFI,asamemberontheShari’ahBoardofIIRA,asacommitteememberonaccreditationofthetrainingpackagesandtrainersofCIBAFIaswellasaregularspeakeratconferencesonZakat,AwqafandotherShari’ahinstruments

• Dr.LayachiholdsaPhDandMastersinIslamicEconomicsfromtheUmmAlQuraUniversity,Makkah,SaudiArabia

• Dr. Abdullahi MohamedisaSeniorIslamicFinanceSpecialistatIRTI• Dr.AbdullahiisaShari’ahexpert,marketpractitionerandtrainerwithrichexperienceinproductstructuring,conversionand,Shari’ahaccounting,auditandreview

• Dr.AbdullahihaspreviouslyworkedinMalaysiaandUAEwithIslamicBanksandadvisoryservicesprovidersandisafrequentspeakeratShari’ahconferencesandsymposia

• Dr.AbdullahiisacertifiedShari’ahAdvisorandAuditor(CSAA)andholdsaPhDandMastersinFiqhandUsulAlFiqhfromtheInternationalIslamicUniversity,Malaysia

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Advisory Team

• Ahmed Fadhlan YahayaisanIslamicFinanceSpecialistatIRTI• FadhlanisaShari’ahprofessionalandpractitionerwithexcellentacademicbackgroundandhandsonexperienceindealingwithShari’ahstructuringandcomplianceissues

• PriortojoiningIRTI,FadhlanwasSeniorVicePresidentandHeadoftheShari’ahSecretariatandComplianceatAlRajhiBankMalaysiaandprovidedShari’ahoversightacrossthebank’soveralloperations

• FadhlanhasaMastersandBA(Hons.)inIslamicRevealedKnowledgeandHeritagewithspecializationinFiqhfromtheInternationalIslamicUniversity,Malaysia

• Mehmet Fehmi EkenisanIslamicFinanceSpecialistatIRTI• Fehmihasworkedonnumerousmarketinformationgathering,analysisandassessmentexercisesatIRTI

• FehmiisalsoinvolvedinthemanagingoftheIslamicBanksInformationSystem(IBIS)whichholdsawealthofinformationontheGlobalIslamicBankingIndustry

• PriortojoiningIRTI,FehmihasworkedintheindustrywithAlbarakaTurkParticipationBankandTurkiyeFinansParticipationBankinCorporateCreditandOperations

• FehmihasaMastersinBankingfromMarmaraUniversityandaBachelorsinPoliticsfromAnkaraUniversity,Turkey

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Select Credentials

• IntroductionofIslamicBankingWindows• IslamicProductStructuring• IslamicContracts

• IslamicProductStructuring• IslamicContracts

• IntroductionofIslamicBankingWindows• Shari’ahGovernance• IslamicProductStructuring• IslamicContracts

• Shari’ahCompliantMusharakahFundStructuring• Shari’ahCompliantFundManagement• Shari’ahReviewandAudit• Shari’ahGovernance• PoliciesandProcedures

• IntroductionofIslamicBankingProducts• Shari’ahStructuringandReview• BusinessDevelopment

(Bank for Financing Small and Medium Enterprises)– Republic of Tunisia

Fund Manager for Theemar SME Fund Tunisia

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Partnerships and Alliances

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Thought Leadership and Reports

Together We Build a Better Future(AMemberofTheIslamicDevelopmentBankGroup)

For Further Details:

YahyaAleemurRehmanDivisionManagerIslamicEconomics&FinanceAdvisoryIRTI,IslamicDevelopmentBankGroup P.O.Box9201,Jeddah21413KingdomofSaudiArabiaEmail:yrehman@isdb.orgTel: +966 12 646 6139Mob: +966 55 231 2712Fax:+966126378927Web: www.irti.org