The course offers a thorough and in-depth overview of all the key aspects of Islamic banking and finance. With the main emphasis on actual application and use of all products in the international Islamic finance markets, pertinent theory is discussed. In-depth coverage of contemporary subjects from an Islamic perspective is also provided, such as FinTech Cryptos.
At the end of this course, participants will be able to:
Broaden the knowledge of the industry and markets
Understand all the major products used globally and the characteristics and risk management aspects associated with them.
This course has been created for professionals with varying levels of experience to Islamic Finance, from those who have had little to no exposure (via the first Overview module) to those who are already exposed and working in the area but need more in-depth direction and information.
Islamic commercial laws and rules (including contract law)
Islamic vs conventional banking – similarities and differences
Key principles
Overview of acceptable contractual forms
The activities and balance sheet of a major Islamic bank
Overview of global Islamic markets
Islamic commercial contracts in conventional courts
Current and savings accounts
Home purchase finance structures
Car purchase finance structures
Personal finance
Islamic credit cards
Leasing, Ijara
Murabahah, Tawarruq and Musawamma
Application in asset nancing, working capital nance, and general credit provision
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