NEWS ROOM

Addax Bank hosts Islamic Finance Course for Employees

Date : 28 July 2008

The ‘Fundamentals of Islamic Finance’ course was held over six days at the bank’s headquarters in the Seef District and was designed to give participants an overview of the concepts of Islamic Finance.

Addax Bank, hosted a course on Islamic Finance that was attended by 18 employees from the bank’s different departments The course was held as part of the bank’s focused efforts to accelerate its employees’ development by providing them with learning opportunities that hone their skills and equip them with the knowledge needed to build exceptional careers in the banking and finance industry. 

The ‘Fundamentals of Islamic Finance’ course was held over six days at the bank’s headquarters in the Seef District and was designed to give participants an overview of the concepts of Islamic Finance.

Conducted by leading Islamic Finance expert, Naser Al Ziyadat, Director of Strategic Planning, General Council for Islamic Banks and Financial Institutions, Bahrain, the course engaged participants in group discussions and provided them with the opportunity to apply the skills they acquired during the course through the examination of case studies.

The in- depth course gave participants an insight into the developments in the Islamic Financial Services Industry (IFSI); the basic concepts and terminology of Islamic finance; the Sharia system within an institution; the Sharia rulings behind major Islamic financial contracts and  the application of Sharia financial contracts in various financial products. In addition participants were given a broad understanding of the general Islamic financial structures of major capital market products such as Sukuk and investment funds.