Description

Course Content

• Module 1: Islamic Economic System
• Introduction to Economic Theories and Islamic Economic System
• The Historical Development of Islamic Banking
• Islamic Commercial law
• The Basic Prohibitions
• Qard and Dayn in Islamic banking
• Principles of Islamic Commercial Contracts
• Islamic law of Sale and Purchase
• Module 2: Modes of Shari’ah-Compliant Transactions
• Introduction to Islamic Modes of finance
• Non-participatory Modes of finance
• Participatory Modes of finance
• Accessory Modes
• Module 3: Islamic Banking Operations
• Key Characteristics of Islamic Banking Operations
• Islamic Retail Banking Services
• Islamic Investment Management Services
• Corporate Banking Services
• Investment Banking in Islamic Banks
• Treasury and International Banking
• Module 4: Governance, Regulation, Accounting Issues in Islamic Banking
• Social Responsibility and Internal Controls
• Regulatory Compliance Functions
• Risk Management in Islamic financial Institutions
• Modern trends in Islamic Banking
• Module 5: Introduction to Islamic Insurance (Takaful)
• Insurance and the Introduction of Takaful
• Takaful and Retakaful

Training Format:

• All materials are made available through our Online Learning Platform
• Students should commit approximately 5-6 hours of their time per week

Materials Provided:

Online delivery of curriculum materials, exercises and templates.

Assignments:

In order to demonstrate their understanding of the course content, students will be required to submit assignments at the end of every month.