About the Programme

This module highlights on credit management and monitoring of financing portfolios within the Islamic retail financing environment in Islamic financial institutions. Learners will gain a good understanding on Islamic retail financing products within the framework of Shariah compliance as well as the equivalent conventional products offered in the market.

Learning Outcomes

At the end of the module, learners should be able to:

• Identify the framework, principles and processes of credit that influence financing in retail financing environment;
• Apply risk assessment and its framework in relation to retail financing environment;
• Assess the customer information verification system;
• Explain the type of financing offered under retail financing;
• Communicate the importance of documentation, covenants, security and issues associated with the disbursement process and follow up procedures in retail credit financing; and
• Deliver appropriate recovery methods with adherence of specific guidelines and rules.

Learning Topics

• Topic 1: Introduction to Credit
• Topic 2: Managing Risk
• Topic 3: Customer’s Classification
• Topic 4: Credit Information
• Topic 5: Shariah Contract in Financing
• Topic 6: Islamic Retail Financing Products
• Topic 7: Disbursement of Financing
• Topic 8: Recovery Process
• Topic 9: Rescheduling and Restructuring