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postheadericon Academic, Research and Module Development

Academic and research work have  always been integral to Amanie focus. The Islamic Finance Industry has its foundations firmly rooted in academia and has since maintain a strong relationship with the academia. Amanie’s global Shariah Scholars have individually at one stage of their careers been an academic, and the academic curiosity still persists in our conduct of advisory work. Scholarly and academic research, focused on the pursuit in the areas of Shariah and finance, are one of our main fortes and this differentiates us from the other advisory outfits in the industry. Amanie and its Shariah Scholars are globally recognised subject matter experts in our nascent but yet growing industry.


Apart from our academic forays, Amanie has continually been mandated to conduct industry research by both regulators as well as market players alike. We have assisted both monetary authorities as well as securities commissions to prepare positional papers within our expertise in Shariah and its applications. From our research on individual Shariah contracts to our inputs in positioning the Islamic Finance industry in particular jurisdictions, our inputs have been well sought after and received. We help in shaping the Islamic finance industry and our ability to do this is derived from the collective capabilities and experience that we have developed in-house. Our academia and research testimony includes development of the Shariah Parameters for 6 major Shariah contracts for the Central Bank of Malaysia and module development for the Chartered Islamic Finance Professional Programme  (Part II) offered by the Global University of Islamic Finance (INCEIF) and Diploma of Islamic Finance and Advanced Diploma of Islamic Finance of Chartered Institution of Management Accountants, United Kingdom (CIMA UK).


Amanie through its global Shariah Supervisory Board is well positioned to react, understand and adapt to any market developments facing Islamic finance industry.

 

postheadericon Product Structuring, Enhancement and Endorsement

Our end to end Shariah advisory services is best depicted in the case of product development, be it banking, takaful, capital market or structured product instruments. Amanie is best positioned to cater to our clients’ needs whether our services are required in the structuring, enhancement or endorsement phase. Should clients approach us at the infancy stage, we will work with the clients to structure in the Shariah compliant features required in the Islamic financial instrument at hand. This shall be followed by a documentation generation process, the product of which will be reviewed by our advisory team members who would follow up with an endorsement from our renowned Shariah Scholars.


For clients who engage us at the enhancement phase, be it a new Islamic instrument or rather a conventional instrument being converted, our team of advisors would apply the same level of expertise and professionalism to generate a suitable instrument that would be endorsed by our board of Shariah Scholars. For the advanced clients who are in the market only for endorsement, our team of advisors will analyse the Shariah robustness of their instruments prior to our global Shariah Board’s endorsement.


The end game is the same. We take pride in assisting our clients to generate Shariah compliant instruments that can be suitably endorsed by our renowned Shariah Scholars.

 

postheadericon In-house trainings, Workshops & Seminars

Amanie focuses on the aspect of the development of professional human capital in Islamic Finance worldwide through providing updated quality learning programmes embracing both local and global issues on Islamic financial products and services.


Amanie offers three main types of Islamic finance learning programmes which are the In-house trainings, workshops and seminars/symposiums/forums.


In-house Trainings


The in-house structured training programme is a customized Islamic finance training courses to address the needs of any financial or corporate institutions. It is designed to dedicated clients and normally conducted at client’s premise to ensure a focused, conducive and exclusive learning environment. The training can be designed into various levels of knowledge orientation – for the Beginner, Intermediate  and Advanced


Workshops & Seminars

Amanie workshop & seminars series address contemporary issues and developments taking place in the Islamic finance space. The programme is offered to the general public with the aim to provide more thematic and topical subject in Islamic finance which encompasses issues relating to regulatory, legal, Shariah, corporate governance and standards. The Amanie workshops and seminars also provide the audience with the best platform to interact between each other and most importantly to interact with the panel of speakers which comprise of regulators, renowned Shariah scholars, leading market players, researchers and standard setting bodies across the globe.

 

postheadericon Shariah Screening

Amanie Shariah Screening service aims to provide the never before available element of flexibility in terms of the screening methodology used by allowing the clients to choose from a number of Shariah compliant screening methodologies that are available currently in the market. Also, it will cater for portfolio screening based on the specific need of the client.

Key Features of the Shariah Screening Service

  • Subscribers will have access to a comprehensive online guide to Shariah compliant equities.  Over 33,000 stocks listed on the majority of the global stock markets are screened for Shariah compliance. 

  • Identify and monitor Shariah compliant equities.  If a given stock is not compliant, the reasoning is disclosed in the report.

  • Tedious and regular diligent screening of stocks according to the Shariah principles and restrictions and the screening results sent direct to your computer screen.

  • Perfect solution for any fund manager whose clients are concerned about Islamic values in their investment. Now the investors can invest with more confidence.  

  • Easy access 24 hours a day via the internet.

  • Information is updated regularly and it is transparent with a user-friendly interface

  • Subscribers can search the status of multiple stocks

  • Subscribers can add up to 20 stocks to “My Portfolio” to monitor the Shariah status of the stocks for any possible changes.  

Visit www.amaniescreening.com or contact us today for access to a demo account!

 

postheadericon Shariah Supervisory and Monitoring Services & Annual Shariah Review

Amanie provides efficient and cost-effective Shariah supervisory and monitoring services to ensure continuous adherence of Islamic financial products and/or entity operations according to internationally accepted Shariah principles and standards. Continuous compliance to Shariah principles will help to boost investors’ confidence as well as to comply with regulatory requirements.

The Amanie Shariah supervisory and monitoring services cover provision of advice and opinions pertaining to Shariah issues in the day to day operational aspects of the product or entity. Our panel of Shariah scholars lends its credibility to any Islamic financial entity or any Islamic financial product.

The service spans over monthly or quarterly review of product implementation processes, investment transactions, Islamic business operations as well as cash management procedures, among others. We identify gaps, issues or non-compliance to Shariah principles and strive to offer the most suitable and constructive Shariah solutions for client’s consideration and evaluation.

In addition to the continuous Shariah supervisory and monitoring services, we undertake annual Shariah review exercise for the purpose of issuing annual certification on Shariah compliance either at product level or entity level, in line with industry best practices. This annual Shariah certification, which will be issued by the Amanie International Shariah Supervisory Board, where relevant, is an attestation to the client’s commitment to assure investors and stakeholders of the client’s due diligence on Shariah compliance.

 

postheadericon Shariah Secretariat Support and Services

 

Formation of Shariah Advisory Committee / Shariah Supervisory Board
Amanie will assist Client for the establishment of Shariah Advisory Committee / Shariah Supervisory Board for their institutions

Coordinate, organize and manage all matters in relation to Shariah Advisory Committee / Shariah Supervisory Board
Amanie will act as a liaison officer between Client and the Shariah Advisory Committee / Shariah Supervisory Board to manage the Shariah Advisory Committee / Shariah Supervisory Board’s related matter(s) and the Client’s Shariah Advisory Committee / Shariah Supervisory Board meeting(s)

Secretarial services / functions
Amanie will act as a secretary to the Client’s Shariah Advisory Committee / Shariah Supervisory Board meeting(s)

Shariah endorsement process
Amanie will assist Client to review their product structure and legal documentation for Shariah compliance prior to submission to the Shariah Advisory Committee / Shariah Supervisory Board

Shariah monitoring and audit activities
Amanie will assist the Client’s Shariah Advisory Committee / Shariah Supervisory Board to co-ordinate, organize and manage the Client’s annual Shariah Audit process post endorsement of the Client’s product(s)