Description
The commodity murabahah, also commonly known as tawarruq, is among the most prominent Islamic finance products in Malaysia’s Islamic finance landscape. It is a debt financing structure, ie a structure that creates liquidity and debt obligation, which consist of multiple Shariah contracts. Murabahah transaction is also supported by various Syariah compliant commodity trading platforms which provide the required underlying assets to facilitate the murabahah transactions.
Join Dr Syed Adam as he touches on the basics of murabahah and how it is applied in the Islamic banking industry in Malaysia. Understanding the concept of Commodity Murabahah will certainly be useful for Islamic finance practitioners in ensuring that murabahah is not tainted with Syariah non-compliance.
Speaker
Dr Syed Adam Alhabshi is a partner at Raja, Darryl & Loh and heads its Islamic finance practice group. He holds a PhD in Islamic Finance from the International Centre for Islamic Finance Education (“INCEIF”) (2016). He also holds a Chartered Islamic Finance Professional (“CIFP”) from INCEIF (2011), and read law at the International Islamic University of Malaysia (“IIUM”) (2006).
Professionally, he is qualified as a Chartered Professional in Islamic Finance (“CPIF”). Dr Syed Adam is an EXCO Member (2024-2025) and an associate member of the Association of Shariah Advisors in Islamic Finance Malaysia (“ASAS”). He previously served as the Honourary Secretary and a Grand Council Member of the Chartered Institute of Islamic Finance (“CIIF”) (2015-2023).
He currently sits in the Bar Council Islamic Finance Committee as its Co-Chairperson.
Terms and Conditions
Event Policy
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Cancellation
Cancellations must be made in writing.
If you have failed to inform the organiser on your cancellation for three consecutive times, you may be blacklisted for future events.
Refunds
Refunds will be processed after the event is completed. This may take up to 30 business days. The conditions for refunds are as follows:
- Full refunds will be issued if the event is cancelled or postponed by the organiser due to some circumstances.
- No refunds for this course. However substitution is allowed.
The organiser reserves the right to modify, cancel or postpone the event, should circumstances arise that make such action necessary, whereupon all registration fees paid will be refunded.
Transferral
You are allowed to transfer your place to another participant, but you must notify the organiser with the necessary details.
Attendance
CPD points will not be awarded to lawyers and pupils in chambers from Peninsular Malaysia who arrive more than 15 minutes late, are not present throughout the event, or leave before its scheduled end.
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Disclaimer
- Materials will be emailed only. No printed notes will be provided.
- No recording of the event is permitted via any means at any time.
- No part of the event content may be used/reproduced in any form without the written and explicit consent of the Bar Council and speaker(s).
