Monday, November 22, 2010

EVENTS - WEBINAR - AML Challenges of Islamic Banking and Shariah - Dec 2, 2010

Hawala and Money Laundering on the Margins of Banks
Islamic Banking has become one of the fastest growing sectors of the financial services industry in the world. With the current economic crisis and credit crunch, the inherent stability and security of Islamic financial institutions has made Islamic Banking desirable to both Islamic and conventional financial institutions alike. As a result, even the largest financial institutions have opened Islamic windows and started offering Shariah compliant products and services.

In this Webinar you will learn :

  • Explain the principles of Islamic Finance, Shariah law and the key Islamic products
  • Get Answers to the most vexing questions:
    • How the Interest-free Islamic banking have attracted more attention?
    • How the Interest-free Islamic banking is strongly competing with large international banks?
    • What myths should be dispelled concerning Islamic banking products?
    • What do regulators and non-Islamic finance professionals need to know about Islamic finance?
    • Is Customer due diligence easier or more difficult in Islamic Banks?
    • How can you assess the risks of Islamic Finance products?
  • Key Compliance Strengths of Islamic Finance & Shariah Compliant banks
  • How can a bank be compliant with both AML regulations and the laws of Sharia?
Source : http://www.nomoneylaundering.com/islamicbanking.html (USA-based)

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