COURSE DESCRIPTION
Islamic banking is a finance management system that is based on the Islamic rules of Sharia. The main concept of the Islamic banking is the prohibition on collection of interest and its utilization for the business purposes.
This course is run in close collaboration with major international stakeholders in Islamic finance. It is is designed for learners who are desirous of updating their previous information and knowledge in Islamic finance.
Expert knowledge in Islamic banking is not required. You simply register for the online training as soon as a new batch is available. You should, learning at your own pace, be able to complete the training within 25 hours.
LEARNING OUTCOMES
By the end of these lectures, you should be able to:
- describe the essential components and features of Islamic banking and finance
- explain the historical development and conceptual arguments for Islamic banking and finance
- differentiate between Islamic banking and conventional banking systems
- describe the salient features of Islamic financial instruments
COURSE REQUIREMENT
In order to fully benefit from this course, you should have
- access to a personal computer or a similar device with internet connectivity.
- knowledge and skills in operating a personal computer or a similar device.
- strong desire to work quicker, smarter and safer in data entry.
CERTIFICATION
The Call Info (The Call eAcademy) does not award free certificates. A certificate of participation shall be awarded, upon request, only to learners who have successfully submitted assignments with passes in all quizzes.
Course Features
- Lectures 16
- Quizzes 3
- Duration 15 hours
- Skill level All levels
- Students 4
- Assessments Self
- 7 Sections
- 16 Lessons
- 15 Hours
- 0
- Principles of Islamic BankingPrinciples of Islamic Banking and Finance Islam has set values and goals that meet all the economic and social requirements of the human life. Islam is a religion that not only focuses on the success of the afterlife but also organza the life of a person perfectly. The Islamic laws are known as Sharia that means clear path. In the present is banking system is against the principles of Islamic banking. Due to the reason, here we discuss the seven major principles of Islamic Banking and finance6
- Murabahah (Cost-plus) FinancingMurabahah is a contract wherein the Islamic Bank, upon request by the customer, purchases the asset from a third party supplier/vendor and resells it to the customer either against immediate payment or on a deferred payment basis. Basically Murabaha financing is the sale of goods at cost plus an agreed profit.2
- Island!ic Financial Instruments7
- Islamic Economic System1
- AssessmentThis eLearning tutorial includes a self-assessment quizzes which has the potential to help you to recap what you have learned thereby helping you challenge and develop your new knowledge.There is no final examination for this course as this is not a certificate course. However, a certificate of participation may be issued upon request.2
- References1
Requirements
- No previous knowledge is required
- Access to a smartphone, PC or similar device
- Internet connectivity
Features
- Meaning of Islamic Banking
- History of Islamic Banking and Finance
- Principles of Shari'ah (Islamic Law)
- The Concept of Usury (Riba) in Islamic Banking and Finance
- Difference between Islamic banking and conventional banking
- Islamic Financial Instruments
- Islamic Economic System
Target audiences
- Any learner anxious to acquire basic knowledge in Islamic Finance
- General practitioners working in banks, corporates, or financial institutions p with an interest in Islamic finance.