Question 1

What does the IFRS 9 ECL Modelling Workshop in Dubai cover?

Accepted Answer

Shasat's IFRS 9 Expected Credit Loss ECL Modelling Workshop in Dubai covers the complete ECL impairment modelling lifecycle including the three-stage ECL model Stage 1 Stage 2 Stage 3, significant increase in credit risk SICR assessment aligned with CBUAE SAMA QCB CBK CBO and CBB regulatory guidance, PD LGD EAD modelling for GCC and MENA credit portfolios, ECL for Islamic finance instruments Murabaha Ijara Musharakah and Sukuk, macro-economic scenarios for GCC oil-dependent economies, post-model adjustments, NPL management implications, Basel III and Basel IV interaction, climate and oil price transition ECL scenarios, IASB post-implementation review PIR findings, and IFRS 7 disclosure requirements. CPD and CPE accredited.

Question 2

Why is Dubai the ideal location for IFRS 9 ECL training for GCC and MENA finance professionals?

Accepted Answer

Dubai is the world's fastest-growing international financial centre and the primary hub for IFRS reporting financial institutions across the GCC. The DIFC Dubai International Financial Centre and ADGM Abu Dhabi Global Market host hundreds of regulated financial institutions applying IFRS 9. Dubai has direct flights from Riyadh, Jeddah, Dammam, Doha, Kuwait City, Manama, Muscat, Cairo, Amman, Beirut, Casablanca, Istanbul, Tashkent, Almaty, Karachi, and all major GCC and MENA financial centres making it the most accessible training location for finance professionals across the entire region.

Question 3

Does this course cover IFRS 9 ECL for Islamic banking instruments?

Accepted Answer

Yes. This is the most important distinguishing feature of the Dubai programme. Islamic banks across the GCC applying IFRS 9 face specific ECL challenges for Sharia-compliant financial instruments. This course covers ECL modelling for Murabaha cost-plus financing, Ijara leasing arrangements, Musharakah partnership financing, Mudarabah profit-sharing arrangements, Wakala investment agency contracts, and Sukuk Islamic bonds. Key topics include the application of the SPPI test to Islamic finance instruments, the SICR assessment for profit-rate-linked Islamic facilities, LGD estimation for Islamic collateral structures, and the interaction between IFRS 9 ECL requirements and AAOIFI Financial Accounting Standards applicable to some GCC institutions. This is the only IFRS 9 ECL training in the GCC that comprehensively addresses Islamic finance instrument ECL challenges.

Question 4

What are the CBUAE SAMA QCB and GCC banking regulator expectations for IFRS 9 ECL models?

Accepted Answer

GCC banking regulators have issued comprehensive supervisory guidance on IFRS 9 ECL model requirements. The Central Bank of the UAE CBUAE requires UAE banks to maintain robust ECL models with documented SICR thresholds, conservative management overlays, and independent model validation. The Saudi Arabian Monetary Authority SAMA has issued specific guidance on ECL model governance for Saudi banks. Qatar Central Bank QCB, Central Bank of Kuwait CBK, Central Bank of Oman CBO, and Central Bank of Bahrain CBB have all issued similar supervisory guidance aligned with Basel Committee standards. The DIFC and ADGM regulators have additional expectations for IFRS 9 ECL compliance for their regulated institutions. This course covers all GCC banking regulator ECL supervisory expectations making it the most regulatory-aligned IFRS 9 ECL training available in the region.

Question 5

Does this course cover ECL modelling for real estate and project finance in the GCC?

Accepted Answer

Yes. Real estate and project finance are the two largest credit exposure categories for GCC banks making their ECL treatment critically important. This course covers ECL for real estate developer and construction sector exposures including speculative development LGD estimation in Dubai Abu Dhabi and Saudi Arabia markets, ECL for residential mortgage portfolios in UAE Saudi Arabia and Qatar, project finance ECL under IFRS 9 including infrastructure oil gas and petrochemical project exposures, ECL for sovereign and quasi-sovereign GCC project lending, and the specific SICR assessment challenges for long-dated project finance exposures. Directly relevant for banks funding Vision 2030 Saudi Arabia NEOM and giga-projects and UAE infrastructure development.

Question 6

How does oil price dependency affect IFRS 9 ECL macro-economic scenario design for GCC banks?

Accepted Answer

Oil price is the most important single macro-economic variable in IFRS 9 ECL scenario design for GCC banks. GCC economies are highly oil-dependent meaning oil price movements directly affect GDP growth, government spending, employment, real estate values, and corporate profitability across all sectors. This course covers oil price scenario design for IFRS 9 including base case upside and downside scenarios calibrated to GCC macro-economic conditions, the transmission mechanism from oil price to credit portfolio quality, Saudi Vision 2030 and UAE Vision 2031 economic diversification and their ECL implications, and geopolitical risk overlays specific to the GCC and broader MENA region.

Question 7

Is this IFRS 9 ECL course relevant for DIFC and ADGM regulated institutions?

Accepted Answer

Yes. The Dubai International Financial Centre DIFC and Abu Dhabi Global Market ADGM are the two most important international financial centres in the GCC hosting hundreds of IFRS 9 regulated financial institutions including investment banks asset managers private equity firms and insurance companies. DIFC regulated institutions apply IFRS 9 under DFSA supervision while ADGM regulated institutions apply IFRS 9 under FSRA supervision. Both regulators align with IASB IFRS 9 requirements and have specific model governance expectations for ECL. This course is the most relevant IFRS 9 ECL training for DIFC and ADGM regulated institution finance and risk professionals.

Question 8

Does this course cover IFRS 9 ECL for professionals from Egypt Jordan Morocco and the broader MENA region?

Accepted Answer

Yes. Finance professionals from Egypt, Jordan, Lebanon, Morocco, Tunisia, Algeria, Turkey, and across the broader MENA region regularly attend this IFRS 9 ECL Modelling Workshop in Dubai. The Central Bank of Egypt CBE, Central Bank of Jordan CBJ, Bank Al-Maghrib Morocco BAM, and other MENA banking regulators all require IFRS 9 ECL compliance for their regulated institutions. Dubai is the most accessible training location for MENA professionals with direct flights from Cairo, Amman, Beirut, Casablanca, and Tunis making it the premier IFRS 9 ECL training hub for the entire Arab world.

Question 9

Is this course relevant for Central Asian finance professionals from Kazakhstan Azerbaijan and Uzbekistan?

Accepted Answer

Yes. Finance professionals from Kazakhstan, Azerbaijan, Uzbekistan, Georgia, Armenia, Kyrgyzstan, and Tajikistan regularly attend this IFRS 9 ECL workshop in Dubai as the most accessible regional hub. The National Bank of Kazakhstan NBK, Central Bank of Azerbaijan CBA, and Central Bank of Uzbekistan CBU all require IFRS 9 or IFRS-aligned impairment frameworks for regulated institutions. Dubai has direct flights from Almaty, Astana, Baku, Tashkent, and Tbilisi making it the most practical training location for Central Asian financial sector professionals.

Question 10

Does this course cover climate risk ECL integration for GCC banks?

Accepted Answer

Yes. GCC banks face a dual climate risk challenge — physical climate risks including extreme heat, water scarcity, and coastal flooding, and transition risks from oil price decline driven by global decarbonisation. This course covers integration of climate transition scenarios into ECL macro-economic overlays for GCC oil-dependent credit portfolios, physical climate risk impacts on real estate collateral values in GCC coastal cities, CBUAE and SAMA climate risk supervisory expectations for ECL models, and the interaction between Saudi Vision 2030 economic diversification and IFRS 9 ECL scenario design for Saudi banks.

Question 11

Can this IFRS 9 ECL Modelling Workshop be delivered in-house across the GCC and MENA?

Accepted Answer

Yes. Shasat delivers this IFRS 9 ECL Modelling Workshop as a bespoke in-house programme for financial institutions across the GCC and MENA region including Dubai, Abu Dhabi, Riyadh, Jeddah, Doha, Kuwait City, Manama, Muscat, Cairo, Amman, Casablanca, Istanbul, Tashkent, Almaty, and all major GCC and MENA financial centres. In-house delivery can be tailored to your institution's specific portfolio including Islamic finance instruments conventional lending project finance and real estate, your national regulatory environment, and your specific CBUAE SAMA QCB or DIFC regulatory context. Contact info@shasat.com to discuss.

Question 12

What other IFRS 9 ECL modelling courses does Shasat offer globally?

Accepted Answer

In addition to Dubai Shasat offers IFRS 9 ECL modelling training in London, Zurich, New York, Brussels, Singapore, Toronto, Cape Town, Bermuda, Sao Paulo, Sydney, Miami, Lima, Doha, Rio de Janeiro, Seoul, and Hong Kong. The Brussels programme serves European Union professionals. The Miami programme serves Latin American and Caribbean professionals. The Cape Town programme serves African professionals. The Singapore programme serves Southeast Asian professionals. Contact info@shasat.com for information on available dates.

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