Islamic Banking Structures and Products: Issues and Challenges

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Photo Group Islamic Banking Structures and Products: Issues and Challenges

The Islamic Banking Structures and Products: Issues and Challenges workshop was jointly organised by the Judicial Appointments Commission and Bank Negara Malaysia. This workshop was officiated by YAA Tan Sri Dato’ Seri Zulkefli bin Ahmad Makinudin, Chief Judge of Malaya. The objective of the programme is to expose judges to the structures and products related to Islamic banking as well as to identify the main legal issues and challenges in Islamic banking and finance.

There was also an introduction to the essentials of Shari’ah covering fiqh muamalat and maqasid shari’ah. The workshop also discussed the principles and application of sale-based, lease-based and equity-based contracts in Islamic banking in addition to also touching on the supporting mechanisms in the Islamic banking system.

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This workshop was conducted entirely by YBhg. Dato’ Dr. Asyraf Wajdi bin Dato’ Haji Dusuki, Chairman, Yayasan Dakwah Islamiah Malaysia (YADIM). A total of 32 participants comprising 19 High Court Judges and 13 Judicial Commissioners attended this workshop which was held over 2 days from 24-25 April 2014 at Lanai Kijang, Bank Negara Malaysia, Kuala Lumpur.

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