The complete Course of Islamic Banking And Finance

Course Info

Length: 2 Weeks

City: Kuala Lumpur

Type: In Classroom

Available Dates

Dates in Other Venues

  • July-01-2024

    Paris

  • July-01-2024

    Singapore

  • July-08-2024

    Barcelona

  • July-08-2024

    Dubai

  • July-15-2024

    Amsterdam

  • July-15-2024

    London

  • July-22-2024

    Istanbul

  • July-22-2024

    Singapore

  • July-29-2024

    Paris

  • Aug-05-2024

    Singapore

  • Aug-05-2024

    Paris

  • Aug-12-2024

    Barcelona

  • Aug-12-2024

    Dubai

  • Aug-19-2024

    London

  • Aug-19-2024

    Amsterdam

  • Aug-26-2024

    Istanbul

  • Sep-02-2024

    Paris

  • Sep-02-2024

    Singapore

  • Sep-09-2024

    Dubai

  • Sep-09-2024

    Barcelona

  • Sep-16-2024

    London

  • Sep-16-2024

    Amsterdam

  • Sep-23-2024

    Singapore

  • Sep-23-2024

    Istanbul

  • Sep-30-2024

    Paris

  • Oct-07-2024

    Singapore

  • Oct-07-2024

    Paris

  • Oct-14-2024

    Dubai

  • Oct-14-2024

    Barcelona

  • Oct-21-2024

    London

  • Oct-21-2024

    Amsterdam

  • Oct-28-2024

    Istanbul

  • Nov-04-2024

    Paris

  • Nov-04-2024

    Singapore

  • Nov-11-2024

    Barcelona

  • Nov-11-2024

    Dubai

  • Nov-18-2024

    London

  • Nov-18-2024

    Amsterdam

  • Nov-25-2024

    Istanbul

  • Dec-02-2024

    Paris

  • Dec-02-2024

    Singapore

  • Dec-09-2024

    Dubai

  • Dec-09-2024

    Barcelona

  • Dec-16-2024

    Amsterdam

  • Dec-16-2024

    London

  • Dec-23-2024

    Singapore

  • Dec-23-2024

    Istanbul

  • Dec-30-2024

    Paris

Course Details

Course Outline

10 days course

 

Islamic Economics – Key Principles
 
  • Defining Islamic Economics
  • Introduction to Islamic Economics
  • Key Principles
  • Islamic Economics and Muslim Countries
  • The economic philosophy of Islam vis-a-vis Interest

 

Capitalism, Socialism, Communism And Islamic Economics System
 
  • Key Distinguishing Features
  • Distribution of Wealth – Key Objectives in Islam
  • Islamic perspective of distribution of wealth
  • Factors of Production in Islam
  • The Capitalist, Socialist and Communist Views
  • Socialism and Islam
  • Capitalism and Islam
  • Communism and Islam
  • Islamic Economics System

 

Major Prohibitions And Key Principles
 
  • Prohibition of Riba in the Quran and Sunnah
  • Riba and its Types
  • Definition of Riba (Interest & Usury)
  • Classification of Riba
    • Riba An Nasiyah
    • Riba Al Fadl
    • Commercial Interest and Usury
    • Simple and Compound Interest
    • Formulation of Gharar (uncertainty) and Maysir (chance and gambling)

 

Islamic Contract And Valid Sale Agreement
 
  • Key Conditions
    1. Unilateral Promise (Wa’da)
    2. Bilateral Promise (Muwa’adah or Muahaidah)
    3. Contract (Aqd)
  • Elements of a valid sale
  • Valid SALE
  • Void/ Non Existing Sale ( Batil) Sale
  • Existing sale but void due to defect (Bai Fasid)
  • Valid but disliked sale (Bai Makrooh)
  • Types of Sale
  • Prohibited Sale Transactions
  • Five Options

 

Conventional Banking System – An Overview
 
  • Key Terms
  • Conventional Banking System – History
  • Conventional Banking System -How it works
  • Key Global Financial Institutions
  • Key Sharia Issues

 

 Islamic Banking System – An Overview
 
  • Islamic Banking System – History
  • Key Characteristics
  • Islamic Banking System -How it works
  • Leading Islamic Banks
  • Key Shariah Issues
  • Islamic banking and conventional banking – A comparison

 

Islamic Banking And Islamic Financial Modes – Key Contracts
 
  • Islamic Modes of Financing – Key Modes of Financing
  • Murabaha
  • Musharakah
  • Mudharabah
  • Ijarah
  • Other Modes of Financing

 

Islamic Stock/Share Market
 
  • Bonds and Islamic Bonds
  • Shares and Investment
  • Islamic Investment Funds
  • Key Shariah Issues

 

Takaful : Islamic Insurance
 
  • Conventional Insurance
  • The Solution: Islamic Cooperative Insurance (Takaful)
  • Islamic Insurance Models
  • Leading Islamic Insurance Companies

 

 Islamic Micro Finance
 
  • Define Micro Finance 
  • Islamic Micro Finance – Introduction
  • Successful Models
  • The Way Forward

 

Shariah Board, Shariah Audit And Shariah Compliance
 
  • Shariah Governance and Islamic Financial Institutions
  • Shariah Board – An Overview
  • Shariah Audit and Shariah Compliance – How it works
  • AOIFI Sharia Standard – An Overview
  • Key Figures & Key Bodies

 

Banking & Finance In The West – Fatawa & Application
 
  • Key Issues in Banking & Finance
  • Business Loans & Overdrafts from an Islamic perspective
  • Credit Cards & Cash Back Offers from an Islamic perspective
  • Pension Schemes and Provident Funds from an Islamic perspective
  • Insurance & Claims in Islam
  • Fatawa & Application

Course Video