An Overview of the Financial System
1.1 Functions and Roles of Financial market
1.2 Capital Market
1.3 Money Market

Introduction to Islamic Capital Market (ICM)
2.1 Evolution of ICM
2.2 Roles and Functions of ICM
2.3 Characteristic of ICM
2.4 Classification of ICM
2.5 ICM in Malaysia
2.5.1 Islamic Unit Trust
2.5.2 Islamic Equities Market
2.5.3 Sukuk
2.5.4 Derivatives
2.6 ICM Participants
2.6.1 Trustees
2.6.2 Fund Manager
2.6.3 Investment bank
2.6.4 Commercial bank
2.6.5 Stockbroker
2.6.6 Investor and Issuer
2.7 Requisite of ICM
2.7.1 Shariah Governance Framework
2.7.2 Corporate Governance Framework
2.7.3 Legal and Regulatory
2.7.4 Accounting and Taxation
2.7.5 Product standardization and Innovation

Risk Management in ICM
3.1 Risk management in Islamic perspective
3.2 Risk management in ICM
3.3 Types of risk in ICM

Relevant contracts and concepts in ICM
4.1 Bay’ Dayn
4.2 Bai’ Ma’dum
4.3 Bai’ Wafa’
4.4 Bai’ Muzayadah
4.5 Suftajah
4.6 Bai’ Urbun
4.7 Bai’ Bima Yanqati’ Bihi Si’r

Islamic Equity Market
5.1 Types of share
5.2 Initial Public Offering
5.3 Shariah Screening Process
5.4 Purification of Shariah Non-Compliant Stock
5.5 Islamic Indices


Islamic Fund Management
6.1 Categories of Fund
6.1.1 Close-Ended Fund
6.1.2 Open-Ended Fund
6.2 Islamic Unit Trust
6.2.1 Concept of Unit Trust
6.2.2 Types of Fund Via Portfolio
6.2.3 Islamic Unit Trust Structure
6.2.4 Contract Underlying Islamic Unit Trust Fund
6.3 Islamic Exchange Traded Fund (i-ETF)
6.3.1 Concept and Structure
6.3.2 Shariah Guideline
6.4 Islamic Real Estate Investment (i-REIT)
6.4.1 Concept and Structure
6.4.2 Types of REIT
6.4.3 Shariah Guideline
6.4.4 Case Study in Malaysia

Sukuk Market
7.1 Concept of Sukuk
7.2 Development of Sukuk
7.3 Types of Sukuk
7.4 Sukuk Structures
7.5 Issuance of Sukuk
7.6 Sukuk Rating

Islamic Derivatives Market
8.1 Concept of Hedging
8.2 Hedging from Islamic Perspective
8.3 Types of Derivatives
8.3.1 Forward
8.3.2 Future
8.3.3 Option
8.3.4 Swaps
8.4 Shariah Perspective on Derivatives

Islamic Structured Investment Products
9.1 Structured Product Concept
9.2 Shariah Compliant Islamic SIP
9.3 Types of Islamic SIP

Q1 : What is Islamic capital market?
A1 : Any financial market that deals with debt and equity is considered a capital market. The capital market helps investors identify a place to put their money to work and serves as a conduit by helping borrowers as well as investors by using cash from those who have extra money to fund those who need it. Funding is raised in the capital market for businesses and governments. For those unfamiliar with Islamic finance, the Islamic capital market is simply where Islamic financial assets are transacted. Sharia-compliant investing opportunities are found via a parallel market that complements the traditional one. 

Q2 : What is the teaching methodologies for this course?
A2 : Student can access in learning activities to watch lecture videos, download teaching slide and additional note material. Interactive games and activities provided to test the student understaning after complete the lecture.

Q3 : How many topics in this course ?
A3 : We have 9 topics in this course : 1. An Overview of the Financial System 2. Introduction to Islamic Capital Market (ICM) 3. Risk Management in ICM 4. Relevant contracts and concepts in ICM 5. Islamic Equity Market 6. Islamic Fund Management 7. Sukuk Market 8. Islamic Derivatives Market 9. Islamic Structured Investment Products

Q4 : How much is the fees of this course?
A4 : This course is FREE for public.