islamic banking industry has been developed and has high growth over the last three decades. Although this new approach to the banking business model has been regarded as having relatively resilient as compared to its conventional counterpart, Islamic banking actually owns more risks than conventional banking. Today’s Islamic bankers have to think strategically about how to manage the specific risks of Islamic banks to leverage their unique business model as they could do many activities that conventional banks cannot do. By Implementing enterprise risk management (ERM) the specific risks of Islamic banks can be better controlled, in order to generate better performance and to win the blue ocean market that conventional banks cannot involve in.

After completion of this program, participants will be better able to:

• Understand the unique characteristics of Islamic banks and the opportunties inherent in this business model
• Identify specific risks of Islamic banks and how existing regulatory and risk management frameworks cannot deal with
• Comprehend enterprise risk management knowledge and learn how it is suitable to manage specific risks in Islamic banking
• Develop an enterprise risk management framework to identify, analysis, evaluate and treat specific risks in Islamic bank
• Set up an appropriate action plan for improvement and sustain business "