Introduction to Short-Term Islamic Liquidity Management Instruments (STILMI)
- Offered byFutureLearn
Introduction to Short-Term Islamic Liquidity Management Instruments (STILMI) at FutureLearn Overview
Duration | 5 weeks |
Total fee | ₹2,763 |
Mode of learning | Online |
Difficulty level | Beginner |
Credential | Certificate |
- Overview
- Highlights
- Course Details
- Curriculum
Introduction to Short-Term Islamic Liquidity Management Instruments (STILMI) at FutureLearn Highlights
- Earn a certificate from INCEIF University
Introduction to Short-Term Islamic Liquidity Management Instruments (STILMI) at FutureLearn Course details
- This five-week course will help you understand the concept of short-term Islamic liquidity management and why it is important for businesses to manage cash flow needs.
- You'll develop a range of practical knowledge and skills to apply directly to your organisation. With this knowledge, you'll be able to enhance your career prospects and organisational effectiveness.
- Using a comprehensive approach to understanding and managing short-term Islamic liquidity needs, this course is ideal for Islamic finance professionals, business owners, and managers who want to improve their cash flow management skills.
- You'll start by learning to identify the various types of short-term Islamic liquidity management instruments available.
- With this knowledge, you'll be able to contribute to your organisation's success by optimising cash flow management practices and improving liquidity management practices.
- With your knowledge of Islamic liquidity management instruments, you'll explore the issues faced in structuring these short-term instruments and how you can overcome these challenges.
- Exploring different case studies and real-world examples, you'll also unpack the salient factors to consider in practice. This will help you understand the best practices for short-term liquidity management, including forecasting cash flows, managing working capital, and optimising cash balances.
- Throughout the course, you'll be guided by industry experts who will share their specialist insights from the field of Islamic finance.
- By the end, you'll have the knowledge and skills to manage your organisation's short-term cash flow needs.
Introduction to Short-Term Islamic Liquidity Management Instruments (STILMI) at FutureLearn Curriculum
Introduction to Short-term Islamic Liquidity Management Instruments
Welcome to the Course
The Need for Short-term Islamic Liquidity Management Instruments (STILMI)
Causes of Liquidity Issues
Liquidity Programs and Instruments Issued by Respective Central Banks in Gulf Cooperation Countries (GCC)
Check Your Understanding
Summary
Conventional Versus Islamic Short-term Liquidity Management Instruments
Share your thoughts!
Differences between Conventional and Islamic Short-term Liquidity Management Instruments
Check Your Understanding
Summary
Challenges in Structuring Short-term Islamic Liquidity Management Instruments
Challenges you need to be mindful of when structuring short-term liquidity management instruments that are Shariah-compliant
Check Your Understanding
Summary
Successful STILMI Case Studies from Different Parts of the World
Introduction
Case Study 1: Collateralized Murabaha Facilities (CMF) of United Arab Emirates (UAE)
Case Study 2: Central Bank of Bahrain (CBB) Wakalah Facility
Case Study 3: Gold Sukuk Investment Fund (GLITTER) of Sudan
Case Study 4: Short-term Liquidity Instruments in Malaysia
Case Study 5: Short-term Liquidity Instruments Used in Indonesia
Case Study 6: Mudarabah Certificate Issued by the Central Bank of Maldives
Summary
Structuring Short-term Islamic Liquidity Management Instruments
Salient Factors to Consider when Structuring STILMI
How to Structure a Short-term Islamic Liquidity Management Instruments
Summary
What's Next?
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