Islamic finance is in some ways similar to the traditional financial system, yet it uses different mechanisms which in difficult financial times prove to be more viable in comparison to conventional banking.
The complet course of Islamic Banking and Finance aims to introduce participants to core norms, modes, principles, basic models of Islamic banking and finance, and to the analysis of the relationship between Islamic and conventional banks.
The course covers a range of topics, including the prohibition of Riba, Islamic financial contracts, Islamic capital market, Islamic microfinance models, Islamic insurance, and other contemporary issues related to Islamic finance.
The course will also address the real-world dilemmas related to banking loans, overdrafts, mortgages, insurance issues faced by Muslims while dealing with conventional banking.
At the end of The complete Course of Islamic Banking And Finance, the participants will be able to:
Understand the definition of riba as per classical texts
Understand the main principles and terms of Islamic finance
Compare and contrast between Conventional (western) and Islamic finance
Be able to distinguish between various Islamic financial products
Learn the volume and figures of Islamic financial market
Identify whether riba is present or not in any given banking transaction.
Understand the ways in which Islamic banks avoid riba in there daily financial transactions.
Realize the difference between balance sheets of Islamic and conventional banks.
Understand and respond to the doubts raised on Islamic financial systems.
The complete Course of Islamic Banking And Finance is ideal for:
General people or customers dealing with Banks
Customers of Islamic Banks
Islamic Finance Critics
Both beginners and those with a good understanding of Islamic finance.