Al Rajhi Bank
Background:	Asset Liability Management for Islamic Banks. Al Rajhi is the world's largest Islamic Bank and is located in Saudi Arabia. On the invitation of the Chairman we did a very challenging and interesting training / consultancy assignment. This was an unchartered territory as Islamic Bank products, by definitions, do not have 'interest rate' risk, a creative adaptation of ALM concepts needed.
Objective:	To adapt Asset Liability Management concepts as practiced in conventional banking to Islamic Banks.
Presented By:	Sam L. Srinivasulu, Ph.D., President, GFTT.
Topics Covered for Islam Bank ALM included:	The Concepts of ALM organization, Liquidity Management, Transfer Pricing, Risk / profit sharing, Capital Planning, Pricing and Product design.
Target Audience:	Senior Management (ALCO members, CFO Treasury, All division heads and also the ALCO support group.)
No. of Delegates:	25
Training Methodology:	Review of ALM concepts as practiced in conventional environment. Discussion of potential applicability of conventional concepts. Consensus on "adapting and improvising" for Islamic Bank. Asset Liability Management some relevant concepts from conventional Bank Asset Liability Management
Subsequently, in three separate ALM for Islamic Banking Seminars held in Bahrain, Dr. Sam L. Srinivasulu, presented best practices in ALM concepts, and moderated a discussion on their applicability. Similar presentations were made to bankers in Malaysia and Indonesia.
Based on the accumulated experience in providing customized In-house seminar on this topic, we are now developing a e-learning course titled " Asset Liability Management for Islamic Bank".