• Course Description

    IBA CEIF is pleased to offer an advanced level course on the role of Policy Framework in the success of Islamic Finance Industry. The objective of the course is present to the participants the relevant tools, guidelines and approaches for Islamic Finance industry's mainstreaming into the financial sector. The course is designed to give Policy makers, Planners and Chief Executives an overview of successes and failures of IFIs in various jurisdictions drawing comparisons in Policy frameworks as they were developed and implemented. An experienced foreign trainer will ride the attendees through case studies and practical examples.

  • Mohammad Farrukh Raza is the Founder & Managing Director of IFAAS, UK.

    Farrukh brings on board exceptionally rich experience across various sectors of the Islamic finance industry where he has led many pioneering Islamic Finance projects in Europe, Central America, GCC and Africa. Farrukh's experience includes advising the key stakeholders and regulatory authorities on developing the regulatory, legal and tax frameworks for implementing Islamic Finance in several markets. He has also led many market research projects and feasibility studies to launch new Islamic financial operations. Previously he has held senior roles at Islamic Bank of Britain, the first Islamic bank in Europe and also played a key role in rolling out the first Takaful company in Europe.

    Farrukh holds an MBA in Strategic Management and is a member of the Chartered Institute of Marketing (UK). He is also a member of the UKIFS, Islamic Finance Experts Group (UK), Islamic Finance Commission at Paris Europlace (France), Business & Economics Committee of Muslim Council of Britain (UK) and Mosaic Network of The Prince's Trust (UK). Farrukh is an influential industry speaker at international conferences and frequently lectures at reputed universities worldwide.

    • Understand the contribution of policy making in the success and failure of the industry
    • Explore the Legislations, Statutes, Procedures, Guidelines and Documentation to be included in the Policy Framework
    • Apprehend the Do's and Don't's of the Policy Framework
    • Develop the right Policy Framework highlighting the Solutions and Challenges
    • Discuss Case Studies of over nine jurisdictions including non Muslim majority countries
    • Review the current Policy Framework and provide a platform to participants to share knowledge on the current policy framework and applicability/implications of the uniqueness, peculiarities and specific developmental context of of ideas generated