This course is a part of a series of courses on Islamic finance that focuses on particular areas of Islamic finance. The fundamentals of an Islamic financial system and its key characteristics, together with an introduction to Islamic finance's history, are all covered in detail in the principles of Islamic finance. Islam sets itself apart from other economic systems in that it offers a strong rule-based framework for how economic interactions and transactions should be conducted.
The course begins with an introduction to Islamic finance's history, which immerses you in the two disciplines' intriguing histories.
An outline of the Islamic financial system's foundation will be given in the course. This covers the fundamentals of the Islamic economic system and the tenets upon which it is based, including wealth, trust, and property rights in addition to cooperation and competition.
The elements of Islamic finance are then studied in greater detail, with a special emphasis placed on the various contracts that are used in Islamic money. The complexity of the contract forms used in Islamic banking and how they are addressed in the Quran will astound newcomers. These contracts, which cover a wide range of various contractual criteria, serve as the foundation for the majority of modern contractual forms.
Following that, the section will offer a thorough assessment and recommendations on Islamic finance. Exercises and handouts with various notes and information are both included in the course.
At the end of this course, participants will be able to:
Introduction
Conclusion