This learning path, is tailored for Debt Capital Markets (DCM) practitioners. It will provide you with unique insights on Sukuk (Islamic bonds), and their key structures. In this path, you will be introduced to Sukuk its various types, its structuring processes, and market applications. Once you have completed this path, you shall have an all-encompassing understanding of Sukuk in Islamic capital markets.
This programme will introduce you to the concept of Sukuk in Islamic Capital Markets to get a general understanding of what Sukuk are, their different types, the main structures for Sukuk market issuances, and the evolution of this market.
This programme provides a structured and an encompassing view of Sukuk and their applications, beginning with a general introduction to bonds and interest rates then shifting towards Sukuk as a Shariah-compliant alternative and the main differences between the two products. By the end of the programme, you should have an understanding of the requirements and limitations in constructing a Sukuk product, the roles of issuers and investors in the Sukuk market, and the application of commodity Murabaha as a building block in Sukuk construction.
This programme dives into the intricate aspects of the Sukuk structuring process highlighting risk management, liquidity, cash flows, and Sukuk undertaking.
Sukuk prospectus is an important document as it contains all the salient information on the Sukuk, including the principal terms and conditions and risk factors related to the issuance. This programme is designed for practitioners and investors, helping you to read and understand a Sukuk prospectus.