Islamic Finance adheres to the principles of Islamic/Sharia law and is further guided by Islamic economics. Interest is prohibited under Islamic law, and hence Islamic Finance (in addition to some other Islamic banking training courses) centre around several key Islamic principles which include the following:
- Mudarabah - profit-sharing and loss-bearing products
- Musharaka - joint ventures
- Murabaha - cost plus arrangements
- Ijara - leasing solutions
In addition to the prohibition of interest (riba), Islamic finance also prohibits investments in products and/or services which are against Islamic principles.
This insightful, dynamic and engaging training will enable participants to fully understand the fundamental principles of Islamic banking and finance. The content covers all important tenets of Islamic Finance and equips delegates with the required skills, knowledge and confidence to pursue a career in Islamic Finance.
This Islamic financial planner course consists of lectures, case studies and discussions.