We are pleased to inform that ISRA and Islamic Finance Council (IFC) UK is organising a Continuous Professional Development Programme (CPD) entitle : Understanding Financial Statement and Issues in Accounting Standards for Islamic Finance Institutions.

The objective of this training is to equip the Shari' ah Advisors with the know-how on the operation of Islamic Finance.

Perhaps you may be interested in this programme yourself or would want to nominate your staff towards their empowerment as Shari' ah advisors, Shari' ah officers or Shari' ah Executives.

The details of the programme are as follows:

Date : 12-13 October 2011

Time : 08:30 – 04:30pm

Duration : 1.5 day Fee: RM 200

Venue : INCEIF Classroom 2.1, INCEIF 2nd Floor, Annexe Block, Menara Tun Razak Jalan Raja Laut.

Please be advised that this programme is limited to only 20 seats (based on first come first serve basis).

Please confirm your participation latest by Friday, 7 October 2011 to This e-mail address is being protected from spambots. You need JavaScript enabled to view it (names, designation, office tel. no, and e-mail address) or call us at 03-2691 3272.

SPEAKER:

Mr. Peer Mohamed Ibramsha
Executive Vice President of Finance Division, Bank Muamalat Malaysia Berhad

Day 1 -Outline:

What is financial statement (FS)?

Why does the Shari' ah Advisors need to understand about (FS)?

What is GPA8/i BNM and how does it relate to FS? The matching process of assets and liabilities?

Components of Financial statement

The different between Islamic Finance Financial statement and Conventional Financial statement (if any)

Does Malaysia follow AAOIFI accounting standards? Continued

SPEAKER:

Mr. Abdul Latif Bujang Masli
Chief Financial Officer (CFO), Asian Finance Bank Berhad

Day 2 - Outline:

Overview on:

• FRS
• MASB
• IFSB
• Zakat - JAWHAR guideline 

Is there any urgency on standardization of Islamic Banking Accounting?