Islamic finance in its modern form is barely 30 years old yet it is a rapidly growing part of the financial sector which has survived the recent global banking crisis almost untouched. The size of the market is huge and demand for Islamic services exists wherever there is a significant Muslim community. It is reckoned that nearly 500 financial institutions in more than 50 countries practice some kind of Islamic finance and the market has been growing at more around 10-15% per annum. Latest estimates place total assets at around US$1 trillion.
The main attraction of Islamic finance is that it offers Shariah compliant banking to its clients and is the closest yet that any banking institution has managed to get to genuinely ethical and moral banking. It is underpinned by pure principles, with integrity at the forefront and a genuine sharing of profit and losses as its credo. This has all been achieved with remarkable speed and the sector’s popularity continues unabated.
This course explains in clear terms the basic principles of this increasingly important sector and shows how these and its products differ from the conventional banking models.
Learning Objective
This course is designed to teach delegates the principles of Islamic Banking and to highlight the differences between Islamic and conventional banking. It explores the different products and services commonly found in both the GCC and the Islamic market globally and it assesses the relative advantages and disadvantages of each. By the end of the course delegates will have a full understanding of the products and principles involved in Islamic Banking and how they differ from Western banking models.
The course is relevant for anyone who wants to gain an understanding of Islamic Finance.
You may be interested in our Islamic Finance - Advanced Concepts course in London and Dubai.
Main Topics Covered During This Training
- Principles of Islamic Finance
- Islamic Law of Contracts: Wa'd, Muwaada, Mua'hida, Mudaraba, Aqd', Musharaka, Wakala, Security Contracts
- How the Islamic Bank operates
- Sources and use of Funds
- Islamic Asset and Fund Management
- Islamic Bond Market - Sukuk
- Islamic Insurance - Takaful
Islamic finance in its modern form is barely 30 years old yet it is a rapidly growing part of the financial sector which has survived the recent global banking crisis almost untouched. The size of the market is huge and demand for Islamic services exists wherever there is a significant Muslim community. It is reckoned that nearly 500 financial institutions in more than 50 countries practice some kind of Islamic finance and the market has been growing at more around 10-15% per annum. Latest estimates place total assets at around US$1 trillion.
The main attraction of Islamic finance is that it offers Shariah compliant banking to its clients and is the closest yet that any banking institution has managed to get to genuinely ethical and moral banking. It is underpinned by pure principles, with integrity at the forefront and a genuine sharing of profit and losses as its credo. This has all been achieved with remarkable speed and the sector’s popularity continues unabated.
This course explains in clear terms the basic principles of this increasingly important sector and shows how these and its products differ from the conventional banking models.
Learning Objective
This course is designed to teach delegates the principles of Islamic Banking and to highlight the differences between Islamic and conventional banking. It explores the different products and services commonly found in both the GCC and the Islamic market globally and it assesses the relative advantages and disadvantages of each. By the end of the course delegates will have a full understanding of the products and principles involved in Islamic Banking and how they differ from Western banking models.
The course is relevant for anyone who wants to gain an understanding of Islamic Finance.
You may be interested in our Islamic Finance - Advanced Concepts course in London and Dubai.
Main Topics Covered During This Training
- Principles of Islamic Finance
- Islamic Law of Contracts: Wa'd, Muwaada, Mua'hida, Mudaraba, Aqd', Musharaka, Wakala, Security Contracts
- How the Islamic Bank operates
- Sources and use of Funds
- Islamic Asset and Fund Management
- Islamic Bond Market - Sukuk
- Islamic Insurance - Takaful
Who Should Attend
Anyone seeking an understanding of Islamic Banking.
Teaching Method
Workshop style sessions with interactive practical examples. Delegate participation strongly encouraged.
This is a highly practical course with many real life case studies and exercises. Tutor will be focused on teaching practical strategies that can be taken back to your business and put into immediate effect.
In order to help us establish your individual and business concerns, you will be asked to fill pre-course questionnaire.
Because of the nature of the course the number of places is limited and will be filled on first come, first accepted basis. We advise to book in advance in order to avoid disappointment.
Anyone seeking an understanding of Islamic Banking.
Teaching Method
Workshop style sessions with interactive practical examples. Delegate participation strongly encouraged.
This is a highly practical course with many real life case studies and exercises. Tutor will be focused on teaching practical strategies that can be taken back to your business and put into immediate effect.
In order to help us establish your individual and business concerns, you will be asked to fill pre-course questionnaire.
Because of the nature of the course the number of places is limited and will be filled on first come, first accepted basis. We advise to book in advance in order to avoid disappointment.
