The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group has organized an advanced training workshop on the principles and practices of Islamic Finance for the Young Professionals of IsDB.

The workshop, held at the IsDB headquarters in Jeddah, Kingdom of Saudi Arabia, from 23 to 25 April 2019, is part of capacity building series for the Young Professionals aimed to provide them with the required knowledge and skills for the application of Islamic Finance in IsDB development programs for member countries.

Among other objectives, the program aims to develop the competency of participants and highlight the differences between conventional and Islamic Finance principles. The workshop included a mix of lectures, technical sessions, and discussion of case studies along with practical training session.

The sessions covered product development and innovation in Islamic Finance, risk management in Islamic financial institutions, and application of Fintech and blockchain technologies in the Islamic Finance industry.

Other areas covered included liquidity management and Sukuk, risks in the modes of Islamic Finance, and practical aspects of risks mitigation in Islamic financial institutions.

Participants in the workshop came from the various IsDB departments and regional hubs.

Source: Zawya

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