Description
This talk provides an overview of the regulatory framework governing Islamic finance in Malaysia, with a particular focus on the application and legal structuring of Commodity Murabahah (Tawarruq). Participants will gain practical insights into the legal documentation, risk considerations, the roles of lawyers in structuring and advising on Tawarruq-based financing. By the end of the session, legal practitioners will be better equipped to navigate the complex intersection of law, regulation, and Shariah principles in Islamic finance.
Programme
9.00am – 12.30pm – Session 1: Review of Islamic Finance Legal and Regulatory Environments
The key definitions and implications of regulatory compliance for an Islamic financial institution.
Overview and review of key regulatory frameworks:
- Central Bank of Malaysia Act 2009
- Islamic Financial Services Act 2013
- Development Financial Institutions Act (DFIA) 2002
- Shariah Governance Policy Document 2019 by Bank Negara Malaysia.
2.00pm – 5.00pm – Session 2: Commodity Murabaha (Tawarruq)
The role of Tawarruq in IFIs?
- Background, concept and structure
- Tawarruq Policy Document by Bank Negara Malayia
- Key supporting documents for Tawarruq
Speaker
Dr. Syed Adam Alhabshi is a Partner at Raja, Darryl & Loh and heads the Islamic Finance Practice Group. He holds a Ph.D in Islamic Finance from the International Centre for Islamic Finance Education (INCEIF) (2016). He also holds a Chartered Islamic Finance ProDr. Syed Adam Alhabshi is a Partner at Raja, Darryl & Loh and heads the Islamic Finance Practice Group. He holds a Ph.D 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 Fellow Chartered Professional in Islamic Finance (F. CPIF). Dr. Syed Adam is an EXCO Member for (2024-2025) and an Associate Member of the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS). He previously served as the Honorary Secretary and a Grand Council Member of the Chartered Institute of Islamic Finance (CIIF) (2015-2023). He currently sits as a Shariah Committee member of Bank Simpanan Nasional (BSN) and was the Co-Chairperson of the Islamic Finance Committee of Bar Council Malaysia from 2022-2025.fessional (CIFP) from INCEIF (2011), and read law at the International Islamic University of Malaysia (IIUM) (2006). Professionally, he is qualified as a Fellow Chartered Professional in Islamic Finance (F. CPIF). Dr. Syed Adam is an EXCO Member for (2024-2025) and an Associate Member of the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS). He previously served as the Honorary Secretary and a Grand Council Member of the Chartered Institute of Islamic Finance (CIIF) (2015-2023). He currently sits as a Shariah Committee member of Bank Simpanan Nasional (BSN) and was the Co-Chairperson of the Islamic Finance Committee of Bar Council Malaysia from 2022-2025.
Terms and Conditions
Please refer to the organiser for further Terms and Conditions.
