Islamic Finance Expert Teaches Course at NYSSA

NEW YORK--(BUSINESS WIRE)--Islamic finance practitioner Michael J.T. McMillen has partnered with the New York Society of Security Analysts (NYSSA) to teach his celebrated course Islamic Finance on November 23, 2010.

Michael J.T. McMillen is a partner of the international law firm of Fulbright & Jaworski L.L.P. He is currently resident in the Dubai and New York offices, but also works in the Riyadh and London offices. His practice focuses on Islamic finance, project finance and structured finance. He is a two-time recipient of the award for Best Legal Advisor in Islamic Finance by Euromoney Magazine.

In the course, students will compare and contrast the components of an Islamic financial institution’s balance sheet and income statement to those of a non-Islamic financial institution; identify risks particular to Islamic financial institutions and gauge whether foreign demand for Islamic bonds will rise; and leave with the information they need to include Islamic products in their portfolio. Caroline M. Owen, CFA, attended the course before and wrote an enthusiastic review.

“… it was a colorful exploration of Islamic history and culture … I was amazed to learn that there have been hundreds of Islamic financings done in the U.S. In fact, as McMillen pointed out, the U.S. is the easiest place in the world to structure such transactions and while it is still a niche market, demand for these products continues to grow.”

The course will be held on November 23, 2010 from 1:00 p.m.–4:30 p.m. at 1540 Broadway, Suite 1010, New York, NY 10036.

For more information on the course, please visit: www.nyssa.org/islamicfinance.

About NYSSA

The New York Society of Security Analysts (NYSSA) is a leading forum for the investment community. NYSSA’s mission is to promote best practices and the highest professional and ethical standards in the industry. With over 10,000 members, NYSSA is the largest of the 135 societies worldwide that make up CFA Institute, which has more than 100,000 members.