
A Highly Interactive Training Course On
Sharia Islamic Auditing in IFB Operations: Ensuring Ethical Business Practices
Upholding Transparency and Compliance Through Islamic Sharia-Guided Audit Practices in Islamic Finance
Course Introduction
Sharia auditing plays a vital role in Islamic Finance and Banking (IFB) by ensuring that all operations, products, and transactions comply with Sharia principles. This is essential for maintaining trust, transparency, and accountability—core values of Islamic finance. This Sharia Islamic Auditing in IFB Operations: Ensuring Ethical Business Practices training course offers participants a thorough understanding of Sharia auditing concepts, practices, and tools, equipping them to effectively assess and ensure compliance. Additionally, participants will learn how to manage risks, report findings, and enhance Sharia compliance within IFB operations.
Training Objectives
By the end of this course, participants will be able to:
- Understand the principles and scope of Sharia auditing in IFB
- Develop skills to identify and mitigate Sharia non-compliance risks
- Learn practical methodologies for conducting effective Sharia audits
- Gain insights into global standards and frameworks for Sharia governance
- Enhance the ability to prepare comprehensive Sharia audit reports
Training Methodology
This Sharia Islamic Auditing in IFB Operations training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.
Who should Attend?
This training course is suitable to a wide range of professionals but will greatly benefit:
- Sharia auditors and advisors
- Compliance officers in Islamic financial institutions
- Risk managers and internal auditors
- Professionals involved in IFB operations and governance
Course Outline
- Principles and objectives of Sharia in finance
- Role and importance of Sharia auditing in IFB
- Overview of IFB operations and Sharia compliance requirements
- Key responsibilities of Sharia auditors
- Roles of Sharia boards in IFB institutions
- Understanding AAOIFI and IFSB standards
- Governance structures and their impact on Sharia compliance
- Case studies of effective Sharia governance
- Steps in conducting Sharia audits: Planning, execution, and follow-up
- Tools and techniques for evaluating compliance
- Identifying and addressing Riba, Gharar, and Maysir in operations
- Practical examples of Sharia audit processes
- Common non-compliance issues in IFB operations
- Strategies for identifying and resolving violations
- Building robust risk management frameworks
- Interactive case studies on Sharia non-compliance scenarios
- Preparing comprehensive Sharia audit reports
- Best practices for communicating findings to stakeholders
- Continuous monitoring and improvement of compliance systems
- Emerging trends and challenges in Sharia auditing
Certificates
- COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
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Delegates who will attend and successfully complete the training course will earn a COPEX Certificate of Completion. This certification is designed to validate the successful knowledge transfer, and that the desired learning objectives and outcomes to further advance your professional competency are achieved.

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