Enterprise Risk Management Practices (Takaful)

The purpose of this module is to equip candidates with the necessary knowledge on the Enterprise Risk Management (ERMI framework and practices to support the implementation of ERM programmes within an Islamic bank. Candidates will also learn how to leverage ERM in the three lines of defence, evaluate ERM requirements for the organisation, and how ERM processes and tools are developed and implemented. Successful completion of this module should enable the candidate to apply the knowledge and contribute to the effective execution of an Islamic bank's ERM programmes and initiatives.