C.T.L. Middle East Region Tax Laws covers laws of the following countries:
Bahrain • Egypt Iran • Iraq Israel • Jordan Kuwait • Lebanon Oman • Qatar Saudi Arabia • Syria United Arab Emirates • Yemen
Note: Shariah interpretations are referenced according to jurisdictions.
These sessions are led by the former Chief Financial
Analyst and Orthodox Islamic Bank Auditor (Shari'ah law) at Harvard
University's Center for Middle Eastern Studies Islamic Finance
Information Program (HIFIP) (now, Harvard Law School IFP).
Complete eight (8) tutorials + two (2) final exams + Short Research Paper to earn the Certification in Middle East Region Tax Laws.
Call-in to our "Conference Room" days, evenings, weekends from the convenience of your Blackberry®, home or office. All conferences convene for approximately 60-to-90 minutes.
Required:
Middle East Region Income Tax Laws
Middle East Region Corporate Laws
Middle East Region Value Added Taxes
Middle East Region Trust Laws
Required:
Middle East Region Commercial Codes
Middle East Region Company Laws
Middle East Region Regulations Affecting Financial Transactions
Middle East Region Banking Laws
Writing Requirement: C.T.L. SRP (25 pages of publishable quality). Due at the end of the second session or first year. See "Requirements" under "Fees & Policy."
Note: The Teaching Faculty at Tax Law Institute is proficient in orthodox Shari'ah law related to Islamic banking and financial instruments. We can assist in assessing the tax consequences for the financing of working capital under the Murabha, 'Ina, Salam and Istisma' contract as well as the financing of receivables, long-term or under leasing clauses (Ijara). We also address financial practice under non-binding (Ja'iz) versus binding (Lazim), risk of loss (daman) versus trust (Amana), rules governing delay in payment and in performance -- the sale of dayn for dayn -- and the tax implications of 'The Promise' (Wa'd) in Islamic law. Under special contractual arrangements, we will coach in determining the tax effects related to cost of debt under the various Islamic contracts permitted under the Shari'ah guidelines.
Courtesy of Mohammed Hashim Kamali, author, Shari'ah Law: An Introduction, Foundations of Islam Series, the complete text of which is required reading in this tutorial.
Contact us at 1.888.334.3959
Note: The Teaching Faculty at Tax Law Institute is proficient in orthodox Shari'ah law related to Islamic banking and financial instruments. We can assist in assessing the tax consequences for the financing of working capital under the Murabha, 'Ina, Salam and Istisma' contract as well as the financing of receivables, long-term or under leasing clauses (Ijara). We also address financial practice under non-binding (Ja'iz) versus binding (Lazim), risk of loss (daman) versus trust (Amana), rules governing delay in payment and in performance -- the sale of dayn for dayn -- and the tax implications of 'The Promise' (Wa'd) in Islamic law. Under special contractual arrangements, we will coach in determining the tax effects related to cost of debt under the various Islamic contracts permitted under the Shari'ah guidelines. 
