Money Markets Islamic Products - Part 2

This programme introduces you to the intricates aspects of Murabaha money markets products. In this programme, you will be introduced to Single and Dual Broker Commodity Murabaha and the manners in which they are structured. You will also learn the different areas involved within these transactions including the legal agreements, ownership of assets, brokerage costs, the evolution of Murabaha and the introduction of Wakala and its application in Money Markets.

Take This Programme Book as Classroom Training

Money Markets Islamic Products - Part 2

0% Completed

Your Progress

Overview
Table of Contents

Author

Released 30 May 2021

This programme introduces you to the intricates aspects of Murabaha money markets products. In this programme, you will be introduced to Single and Dual Broker Commodity Murabaha and the manners in which they are structured. You will also learn the different areas involved within these transactions including the legal agreements, ownership of assets, brokerage costs, the evolution of Murabaha and the introduction of Wakala and its application in Money Markets.

Code: PG97349

SECTION 1

Introduction to Dual Broker Commodity Murabaha 00m 43s

Programme Introduction Preview

Dual Broker Commodity Murabaha: Overview 05m 53s

Single Broker Murabaha Structure - Recap Dual Broker Commodity Murabaha Structure Why the Change? What Changed? Impact of Change

Risk for a Dual Commodity Broker 07m 53s

The Fourth Leg What is the Risk? How to Mitigate the Risk?

Issues in Dual Broker Commodity Murabaha 03m 39s

No Short Selling Added Complexity Legal Agreements

Ownership in Dual Broker Commodity Murabaha 09m 46s

Aspects of Ownership of the Commodities Contract to Specify the Metal Physical Delivery Offer and Acceptance

Confirmations in Dual Broker Commodity Murabaha 08m 43s

Four Confirmations Required What Should be Included? Who Sends it? Time is Important The Confirmation is the Actual Agreement

Legal Agreements in Dual Broker Commodity Murabaha 08m 37s

Master Commodity Purchase Agreement What is Covered in the Master Agreement? Transactions Procedures

Dual Broker Commodity Murabaha Fourth Step 04m 55s

Step 4 - Silent Fourth Leg This Step Must Happen Not Included in Structure Diagram

Other Issues in Dual Broker Commodity Murabaha 12m 25s

Value Added Tax (V.A.T.) How to Insure V.A.T. is Not Applied? Brokerage Costs Brokerage Fees are Added to Transaction Costs Who Pays it? Brokers Must be Competitive

Murabahah Money Markets: Terminology 05m 12s

Terminology - Recap Commodity - Palm Oil Reverse Murabaha

Use of Murabaha 07m 17s

Car Finance Home Finance Asset Finance Derivatives

Dual Broker Commodity Murabaha 07m 55s

The Role of Brokers Transaction One Transaction Two Transaction Three

Final Outcomes, Cycle, Balance - Commodity Murabaha Structure 06m 12s

Final Outcomes: Commodity Murabaha vs Conventional Transactions New Processes To Find The Balance Banks Manages Necessary Operational Risks Evolution in Commodity Murahaba

Wakala: As an Alternative Contract 11m 57s

An Evolved Example Beyond Commodity Murabaha Walaka - Definition Walaka Application and Profit Pooling of the Funds Example: Kuwait Finance House Balance Sheet Utilising Funds into Various Assets

Wakala: Performance Guarantee 08m 00s

Profit Rate Cannot be Guaranteed Market Pressure to Deliver Target Profit Target is Always Met

Wakala: Suitability 08m 02s

Bank B Must be an Islamic Bank Bank A Can be Conventional or Islamic No Benefit for Conventional Banks

Wakala vs Commodity Murabahah 03m 42s

Legal Documentation Wakala Fee Absolutes are Achieved Market Pressure Removes Additional Risk

Money Markets Islamic Products - Part 2 Quiz

Programme author

IM Learning

IM Learning, is a leading learning platform of IslamicMarkets.com. We offer practitioner-led learning and workshops focusing on Islamic financial markets. We bring together experts from around the world, with substantial experience and expertise in different sectors of the Islamic economy, providing strategic knowledge and industry-based training in different languages and adapted to your local market needs. IM Learning material is available online, on-demand, live-streaming, and face-to-face.

Programme info

2h 00m 51s
Last Updated 30 May 2021
Certificate of Completion