8/12/2019 June 2014 Lecture

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To register for this lecture, please click hereAlternatively, please contact: Ms Farida RahmanEmail. farida.r@islamic-banking.comT. +44 ()20 7433 0840

About the Lecture

The Islamic finance industry is often accused of

having a restricted product portfolio limiting its

competitiveness on the international financial

landscape. Traditionally, Islamic banks have relied

heavily on Murabaha/Tawarruq based products to

avoid risks associated with other instruments likeMudarabah/Musharakah and Wakalah. This lecture is

aimed at laying-out an innovative solution for Islamic

banks allowing them to offer short-term business

finance, such as working capital financing and

business overdrafts. The solution is based on

Mudarabah and comes with a comprehensive toolkit

of controls to manage the risks associated with

Mudarabah; thereby enabling Islamic banks to offer

simple and competitive products for business clients.

About the Speaker

several countries from its offices located in the

UK, France and Bahrain.

Farrukh holds an MBA in Strategic Management

and has exceptionally rich experience across

various sectors of the Islamic finance industry.

He has led many pioneering Islamic Financeprojects in Europe, Central America, GCC and

Africa. Farrukhs 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 ground-

breaking market research projects sizing the

retail markets for Islamic banking including

France, Belgium, Oman and Morocco. He has

previously held senior roles at Islamic Bank of

Britain and also played a key role in rolling out

the first Takaful company in Europe.

Farrukh is a highly experienced trainer and a

popular speaker at international industry

conferences. He also lectures frequently at

many reputed universities worldwide.

Shifting From Murabaha cost plus profit mark-up) toMudarabah profit-loss) Based Financing

Thursday 19th June201 Time :6.15pm

Speaker:

Farrukh RazaManaging Director, IFAAS Group

Venue:

Ernst & Young LLP1 More London Place, London, Greater London, SE1 2AF(The venue is near theLondon Bridge Underground Station) (MAP)

www.islamic-banking.com

Help ye one another in righteousness

and piety

The Holy Quran 5:2

Register forthis lecture

AFarrukh is the founder and Managing Director of

IFAAS, an award-winning professional consultancy

dedicated to Islamic Finance, currently providing

expertise to a range of institutional clients across

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