The 'Certificate in Fundamentals of Islamic Finance' introduces participants to the core principles and concepts underpinning Islamic finance. Through a series of comprehensive modules, learners explore the following key areas:
Introduction to Islamic Finance: Participants gain insight into the principles of Islamic economics, the prohibition of Riba (interest), and the concept of Halal (permissible) and Haram (forbidden) investments.
Islamic Banking and Finance: The course delves into the operations of Islamic banks, including the structure of Islamic contracts, profit-sharing arrangements, and risk management techniques unique to Islamic finance.
Islamic Financial Instruments: Participants learn about various Islamic financial instruments, including Mudarabah (profit-sharing), Musharakah (partnership), and Ijarah (leasing), and their applications in contemporary finance.
Shariah Compliance and Ethical Investment: Learners explore the role of Shariah boards in ensuring compliance with Islamic principles and examine ethical investment criteria in Islamic finance.
Through engaging lectures, interactive discussions, and case studies, participants gain a comprehensive understanding of Islamic finance principles and their practical applications. By the end of the program, participants emerge with the knowledge and skills to navigate the dynamic landscape of Islamic finance with confidence and proficiency.