Islamic Banking and Finance Course


Introduction

This Islamic Banking and Finance course will give you an overview of the Islamic financial system. You will learn the core principles and basic models of Islamic finance and establish a framework for understanding this financial system.

If you are interested in the key features and foundational concepts of the Islamic financial system and institutions, or what distinguishes the Islamic financial system and its institutions from the conventional financial system, this course is for you.

No previous knowledge about Islamic finance is needed, but basic business knowledge is advantageous.

Duration

10 Days

Target audience

  • Directors
  • Managers
  • Operations staff
  • Marketing persons
  • Shari'ah scholars
  • Auditors

Course Objectives

At the end of this IRES training course, you will learn how to:

  • Understand financial planning and budgeting 
  • The core principles of the Islamic financial system.
  • The various norms and prohibitions that govern activities and contracts in the Islamic financial system.
  • The differences between the Islamic financial system, and its institutions, and the conventional system.
  • Some of the basic modes of Islamic finance.

Course Outline

Module 1

  • An Overview of the Islamic Financial System
  • Introduction

Module 2

  • Principles of the Islamic Economic System
  • The Roles of Financial Institutions (FIs)

Module 3

  • The Role of Ethics in the Islamic Financial System
  • Types of Contracts in Islamic Finance

Module 4

  • General Principles
  • The Basic Norms of the Islamic Financial System

Module 5

  • Norms Relating to Profit
  • Norms Relating to Mutual Cooperation

Module 6

  • A Framework for the Islamic Financial System
  • The Strategic Role of Financial Institutions in Society

Module 7

  • Primary Characteristics of the Islamic Financial System
  • Basic Operations of an Islamic Bank

Module 8

  • Two Approaches for Returns in Islamic Banking
  • Profit/Loss Approach in Islamic Banking
  • Islamic Investment Banking

Module 9

  • A Framework for the Islamic Financial System
  • Concept and Conditions of a Bai’ Mu’ajjal (Credit Sale)

Module 10

  • Murabaha to Purchase Orderer
  • Murabaha Sale and Structure

Enroll for this Course

We are proud to offer this course in a variety of training formats to suit your needs.

IRES

Enroll to In-Person (Face to Face)

We use the highest quality learning facilities to make sure your experience is as comfortable as possible.

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IRES

Enroll for a Virtual Zoom Class

Join a scheduled class with a live instructor and other delegates.

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IRES

Enroll for Online Self-paced Class

Keep track of your own progression throughout your course and ensure continuous improvement.

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Benefits of Taking a Course at IRES

LEARN

Our courses are carefully curated to keep you abreast of latest industry trends, technological advancements, and best practices. We employ a variety of teaching methodologies, including hands-on workshops, case studies, and interactive sessions, all aimed at fostering an engaging and effective learning environment. Our expert instructors bring a wealth of knowledge and real-world experience, providing our clients with insights that can be immediately applied in their professional lives.

NETWORK

Our courses serve as a vibrant platform for professionals to connect and engage with a diverse community of peers, industry leaders, and experts. By participating in our programs, you gain access to an invaluable network that spans across various sectors and geographical boundaries. This networking aspect is not just about forming professional relationships; it's about creating a supportive ecosystem where ideas, opportunities, and collaborations can flourish.

GROW

Our courses are designed to challenge and inspire professionals to step out of their comfort zones and explore new horizons. Through a combination of theoretical knowledge and practical application, our programs help professionals refine their existing skills and acquire new ones, making them more versatile and competitive.

FAQs & Course Administration Details:

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on Phone: +254 715 077 817 or Email: [email protected].
The instructor led trainings are delivered using a blended learning approach and comprise of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
Upon successful completion of this training, participants will be issued with an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Payment should be transferred to IRES account through bank on or before start of the course. Send proof of payment to [email protected].
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer. Email: [email protected] Phone: +254 715 077 817.

Who else has taken this course?


# Job Title Organisation Country
1 Event Management Officer Maamuus Event Management Somalia
2 Finance Officer Galaxy International Bank Somalia
3 Event Management Officer Maamuus Event Management Somalia
4 Event Management Officer Maamuus Event Management Somalia
5 Event Management Officer Maamuus Event Management Somalia