Islamic Finance has grown considerably in the last 50 years and some estimates place the amount invested at nearly $2trillion.
The huge growth in Islamic banking has placed considerable pressure on Shariah scholars who have found themselves having to both consider and rule on a complex mix of ancient and modern banking practices. This incredible growth and the extreme pressure to provide as wide a range of banking products as possible whilst staying within the true principles of Islam has led to some pressures and this is likely to continue as an increasing number of conventional banks offer Islamic services through specialized or separate subsidiaries. This course considers these pressures and the often conflicting aims of providing ever more services whilst staying faithful to Islam.
This course is designed to help delegates consider in some detail the principles of Islamic Banking and Finance, the differences between Islamic and “conventional” finance and how modern day pressures can, might and are being reconciled within the Islamic code. It looks at much greater detail at the various Islamic products on offer and considers fully the key issues facing Islamic finance institutions today
All banking and finance professionals working within an Islamic financial institution and any professionals working in the field who wish to develop their skills and understanding further.
Classroom lectures and interactive practical workshop format intended to affirm the learning objectives.