GIFIIP’s Green Sukuk Initiative developed the “Green Sukuk Training Program”, aiming to support Islamic financiers and impact investors build capacity for seizing new investment opportunities in the sustainable development area. It also aims to educate potential Green Sukuk issuers and other relevant stakeholders on the fundamentals of Sukuk and the legal framework of Green Sukuk.
The program is structured as a rigorous technical modular seminar explaining key concepts and recent developments in impact investing and Green Sukuk. It describes how impact investors and Islamic financiers can work together within a win-win framework to achieve the Sustainable Development Goals (SDGs) and showcase best practices and potential investment opportunities in these fields. The training is organized with the participation of stakeholders from the public and private sectors.
EXPECTED OUTCOMES
Upon completion of the training, the participant will learn how to:
Identify Shariah-compliant impact investing opportunities and investor demand
Apply Islamic financial instruments for impact investing activities
Describe the distinctive characteristics of Green Sukuk
Understand the Green Sukuk ecosystem
Ecosystem and the potential opportunities, challenges, and obstacles
Prioritize sectors and projects for Green Sukuk issuance
Explain the Shariah and regulatory framework applicable to Green Sukuk Market
Examine the various structures of Green Sukuk and their underlying contracts
Examine and measure the impact of Green Sukuk and trading analysis -post-distribution
Design a Green Sukuk Framework
Assess the compliance of Green Sukuk
Formulate legal documentation for Green Sukuk
Assess the pricing of Green Sukuk
TRAINING MODULES
MODULE 1 – Impact Investing: The Role of Financiers and Investors in Development
MODULE 2 – Islamic Financial Instruments and Contracts for Impact Investing
MODULE 3 – Islamic Green Finance: Development, Ecosystem, and Prospects
MODULE 4 – Introduction to Social Impact Sukuk & Green Sukuk as a mode of Financing
MODULE 5 – Thematic Sukuk: Opportunities & Trends
MODULE 6 – Difference between various Green Sukuk Structures and Green bonds
MODULE 7 – SDGs and the Evolving Sukuk Landscape
MODULE 8 – Guiding Principles and Framework of Green Sukuk