An Islamic financial institution shall, at all times, ensure that its aims and operations, business, affairs and activities are in compliance with Shariah law. Failure to do so would constitute a Shariah Non-Compliance (“SNC”) event. This makes SNC event a Shariah risk inherent to Islamic finance.
Join Dr Syed Adam as he touches on how Islamic financial institutions manage and mitigate SNC risk and the consequences of an actual SNC event. Understanding the issues surrounding SNC can serve as an insight in preventing or rectifying SNC events.
Dr Syed Adam Alhabshi is a partner at Shook Lin & Bok. 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 (2010), and read law at the International Islamic University of Malaysia (“IIUM”) (2006).
Dr Syed Adam is currently the Honorary Secretary and a Grand Council Member of the Chartered Institute of Islamic Finance Professionals (“CIIF”). Professionally, he is also qualified as a Chartered Professional in Islamic Finance (“CPIF”). Dr Syed Adam is also the Internal Auditor and an Associate Member of the Association of Shariah Advisors in Islamic Finance Malaysia (“ASAS”).
He currently sits on the Bar Council Islamic Finance Committee as the Co-Deputy Chairperson.
Terms and Conditions
A Step-By-Step Guide to Join the Webinar
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When the webinar is ongoing, please mute your microphone on Zoom at all times to ensure there is no interruption from your end.
(5) You may raise questions during the Question-and-Answer session only
Please take note that no speaking is allowed when the webinar is taking place.
If you wish to raise a question, please type in the chat box and the speaker will respond accordingly.
(6) Please, do not do this
Screen recording, sharing the webinar ID and password links, reproducing the content of the webinar on any platform are strictly not allowed.
Any unregistered person may be removed without prior notice, and no CPD point will be awarded. Failure to adhere to this may result in disciplinary action by the Bar Council.
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For events that are not organised by Bar Council, please note that you are subject to the relevant terms and conditions specified by the external providers.
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 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.
You are allowed to transfer your place to another participant, but you must notify the organiser with the necessary details.
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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