Sustainability in Financial Markets: The Role of the Non-Banking Financial Sector in the Arab Region

Course Title: Sustainability in Financial Markets: The Role of the Non-Banking Financial Sector in the Arab Region
Course Overview: This course examines the growing significance of non-banking financial institutions (NBFIs) in the Arab region and their role in sustainable financial markets. Through a blend of theoretical and practical learning, participants will explore how NBFIs contribute to financial inclusion, economic growth, and financial stability while navigating regulatory challenges. A special focus will be given to sustainability practices, emphasizing the importance of risk assessment, data transparency, and regulatory coordination.
Module 1: Introduction to Financial Markets and Sustainability
1.1 Overview of Financial Markets and their Structure
Banking vs. Non-Banking Financial Sectors
Evolution of Financial Markets in the Arab Region
1.2 Understanding Sustainability in Finance
Definition and Importance of Sustainable Finance
Relevance of Environmental, Social, and Governance (ESG) Factors
Global Trends in Sustainable Financial Practices
Module 2: The Role of Non-Banking Financial Institutions (NBFIs) in Sustainable Development
2.1 Key Components of the Non-Banking Financial Sector
Overview of NBFIs: Insurance, Microfinance, Leasing, SME Financing, Crowdfunding
NBFIs as Catalysts for Economic Growth and Financial Inclusion
2.2 Impact of NBFIs on Financial Inclusion and Stability
Case Studies: Insurance, Microfinance, and SME Financing in the Arab World
Sustainability in Access to Finance and Financial Services for Underserved Groups
Module 3: Regulatory Landscape of NBFIs in the Arab Region
3.1 Lessons from the 2008 Financial Crisis and Implications for NBFIs
Role of Regulatory Oversight in Preventing Asset Bubbles and Systemic Risks
Key Regulatory Challenges and Solutions for NBFIs
3.2 Regional Approaches to Regulating NBFIs
Comparative Analysis of Arab Central Banks' Involvement
Case Study: Regulatory Approaches in Different Arab Countries
The Role of the Arab Monetary Fund and International Coordination
Module 4: Sustainability and Risk Management in Non-Banking Financial Sectors
4.1 Risk Assessment and Management in NBFIs
Types of Risks in Non-Banking Financial Institutions
Tools and Techniques for Effective Risk Assessment
4.2 Data Transparency and Accountability for Sustainable Financial Markets
Importance of Accurate Data Collection and Reporting for NBFIs
Integrating ESG Data into Risk Assessment and Management Processes
Module 5: Sustainability Practices in Non-Banking Financial Institutions
5.1 Case Studies in Sustainable Finance Practices
ESG Implementation in Insurance and Microfinance
Innovations in Crowdfunding and SME Financing for Social and Environmental Impact
5.2 Promoting Financial Literacy and Sustainable Practices in NBFIs
Financial Literacy as a Tool for Sustainable Financial Inclusion
Case Study: Financial Literacy Programs in the Arab Region
