This is a product developer’s workshop – a hands-on product development exercise – just like doing the real world Islamic Product Development job, rather than just theory. It is a Product Management and Leadership training course.
Despite tremendous awareness and phenomenal growth rates, most institutions are far from taking full advantage of the enormous growth of Islamic Banking. This partly stems from a lack of deep understanding of the opportunities that Islamic finance offers, and also from the fact that most financial institutions have not developed the required functional and operational capabilities.
Success in this market will require developing differentiated and segmented offerings, streamlining product development to boost innovation and designing efficient processes. If you want to make a product and take it back to your work with you, may be on your current or next job to further enhance it and even launch it, then this practical training class is for you!
This workshop adopts the approach of firstly imparting the underlying philosophy and objectives of Islamic Finance and comparing it with the conventional finance. It will then progress to explain the various Islamic products currently applied by Islamic institutions globally.
The course will make extensive use of Product Development group projects in parallel to instruction modules. Class will be divided into working group teams, which shall acquire hands-on experience of developing a Product and its successful launch.
About the course
This advanced 3 months course will offer you the best practices in how to plan, develop and launch successful Islamic banking products.
- Product development best practices: strategy, structure and process
- Hands-on experience of Islamic Finance product development and launch
- Shariah Coordination
- Islamic Jurisprudence of Financial Transactions
- Islamic Accounting and Auditing
- How to develop quality products & strategies that will help you meet your goals from scratch to end.