Muscat - KPMG, a leading international company providing audit, tax and advisory services, has announced that in line with its objectives to educate and train the workforce serving the Islamic finance industry in the Sultanate of Oman, a highly-specialised and comprehensive sukuk workshop will be organsied from September 17 to 18 at Grand Hyatt Hotel in Qurum.
Sukuk is the fastest growing area of Islamic finance. It enables access to wholesale financing and provides the backbone for the development of Islamic capital markets. The use of sukuk is rapidly expanding into areas like project finance, infrastructure and real estate financing; corporate financing and true asset securitisations.
The aim of this workshop is to familiarise individuals practicing in Islamic and conventional finance with the principles, structures, methodologies and practical transactional issues relating to the use of sukuk in modern Islamic finance. It will also explain various Sharia-compliant structures that form the basis of sukuk products, including Ijara, Musharaka, Mudaraba, Murabaha, Istisna', Salam among others.
Training will be delivered by Mohammed Tariq, partner based in Dubai, leading Islamic finance team with significant experience in designing and delivering training courses in Islamic finance, and Khalid Yousaf, director Islamic Finance advisory services based in Muscat with solid Islamic finance background and more specifically in sukuk instruments.
KPMG is a global network of professional firms providing audit, tax and advisory services. It operate in 155 countries and have 155,000 people working in member firms around the world.
In the Lower Gulf, comprising Oman and the United Arab Emirates, KPMG employs more than 700 professionals and operates from five offices in Muscat, Dubai, Abu Dhabi, Sharjah and Jebel Ali.
© Times of Oman 2014
