Reclaiming Your VAT

Reclaim the VAT on your Euromoney Training Courses in the UK

Why am I being charged VAT?
The EU VAT Directive stipulates that all training and educational courses that are provided in the UK must include a VAT charge on payment.  

Can I reclaim my VAT back?
Overseas delegates who attend our courses in the UK are eligible to claim their VAT back once it has been paid.    

How can I claim the VAT back paid on a course?
There are two ways in which you can claim back VAT back from the UK.

Option 1 - Directly through HM Revenue and Customs

The most cost-efficient way is to claim back VAT directly from the UK Tax Authority (HMRC) by completing the following form. 
For European clients, please refer to form VAT 65
All other clients, please refer to form VAT 65A.

Option 2 - Through our Recommended VAT Reclaim Service – VAT IT
The specific rules for VAT reclaim will vary according to the laws of your country of residence. This can be complicated and time-consuming. 

Euromoney have an exclusive partnership with VAT IT, specialists in international VAT reclaim.  VAT IT will review, process and submit your VAT refund on your behalf. 

VAT IT will charge a percentage of the VAT refund if/when it is successful. 

If you want to find out more about this service, please email your details to: euromoney@vatit.com  

You may also be able to claim back your VAT against courses taking place outside of the UK, and we would recommend contacting VAT IT, our specialist partner, to discuss how to do this.

RECLAIMING YOUR VAT WITH VAT IT

Course details

Download course brochure

Islamic Banking including Retail Products

Thrive with this Islamic banking academy, don’t stay behind
  • This course is part of Islamic Finance Academy, which is made up of 6 individually bookable modules:

    Module 1: Introduction to Islamic Finance & Banking

    Module 2: Islamic Banking including Retail Products

    Module 3: Leasing, Musharaka, Mudaraba and Sukuk

    Module 4: Equity Investing, Private Equity and Islamic Contracts

    Module 5: Investment Finance and Project Finance

    Module 6: Takaful


    A 1-day programme covering Islamic banking models, corporate governance and risk and retail banking products.


    This course forms Part 2 of the Islamic Finance Academy.

  • Islamic Banking Models
    Three Banking Models
    Two-Tiered Mudaraba
    Two Windows
    Wakala

    Financial Intermediation

    Asset Transformation
    Administration of Payments Systems
    Brokerage
    Risk Transformation

    Basel II and Islamic Banking

    Capital Adequacy, Risk Management and Corporate Governance

    Risk Categorisation

    Financial
    Operational
    Business
    Event

    Reserves

    Analytical Tools

    Corporate Governance

    Defined
    Elements
    Stakeholder View
    Profit Equalisation Reserves
    Transparency, Accountability and Disclosure

    Risk Concepts

    Profit Equalisation and Investment Risk Reserves
    Sales-Based Contracts and Credit Risk
    Credit Risk Measurement and Provisioning
    Liquidity Risk
    Risk Management

    Credit and Market Risks

    Operational Risks

    Sources of Funds for an Islamic Bank

    Savings and Current Deposits
    Qard Hassan
    Wadi’a Yad Dhamanah
    Mudaraba
    Term Deposits
    Mudaraba
    Wakala
    Investment Deposits
    Mudaraba
    Wakala

    Home Purchase Financing Structures

    Leases (Ijara)
    Diminishing Musharaka
    Deferred Payment Sale (Malaysia)
    Construction Sale

    Automobile Financing

    Lease (Ijara) Structures

    Personal Financing
    Rahn
    Tawarruq
    Bay al-Inah (Malaysia)

    Islamic Credit Cards

    Ujrah-Based Structures
    Inah-Based Structures (Malaysia)
    Tawarruq Structures

    Course summary and close
  • Our Tailored Learning Offering

    Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.

    If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.

    We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.

  • We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.

    We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:

    • Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
    • Track record – we have delivered training solutions for 95% of worlds’ top 100 banks and have trained over 250,000 professionals.
    • Knowledge – our 150 strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
    • Reliability – if we promise it, we deliver it. We have delivered over 20,000 events both in person and online, using simultaneous translation to delegates from over 180 countries.
    • Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 96% on service and 95% on product
This course can be run as an In-house or Tailored Learning programme

Instructor

  • Michael JT McMillen

    Biography

    The course instructor received his M.D. from the Albert Einstein College of Medicine, his J.D. from the University of Wisconsin Law School, and his B.B.A. from the University of Wisconsin – Madison.He is a partner of an international law firm and works in their New York, Dubai, Muscat, Kuwait, Istanbul, Kazakhstan, Turkmenistan and London offices. He is internationally recognised for his work in Islamic finance and project finance. His transactional work focuses on the Americas, Europe, the Middle East and Asia. He publishes and speaks throughout the world on Islamic finance and project finance. He has twice been a recipient of the Euromoney award for Best Legal Advisor in Islamic Finance (2004 and 2007) and has also received the Sheikh Mohammed Bin Rashid Al-Maktoum award for Best Legal Advisor in Islamic Finance for North America. He was the founding Chair, and has twice served as the Chair of the Islamic Law Section, a division of the International Law Section of the American Bar Association. He teaches Islamic finance at the University of Pennsylvania Law School and the Wharton School of Business. He was also active in the capital markets initiative of the Islamic Financial Services Board, focusing on securities and capital markets laws, the use of trusts and trust concepts in capital markets transactions, and the enforceability of the Shari’ah in different jurisdictions throughout the world.

Venue

London

All courses are held at four or five star venues in Central London, Zone 1. We strive to provide you with a training environment of the highest quality, to ensure that the whole learning experience exceeds your expectations.

Your training venue will be confirmed by one of our course administrators approximately 3-4 weeks before the course start date.

As such we have detailed our most frequently used training destinations in London on this map. If you need help booking accommodation for your visit to our training courses, please contact accommodation@euromoneylearningsolutions.com and one of our partners will help you get the best rate possible.