Islamic Banking 101: The Essentials for Beginners

Gain an understanding of Islamic banking principles to enhance your financial literacy and contribute effectively to the sector, from INCEIF.

Duration

3 weeks

Weekly study

1 hour

100% online

How it works

Unlimited subscription

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Delve into Islamic finance and ethical banking

This three-week course will ensure you understand the foundational principles that differentiate Islamic banking from conventional banking systems.

You’ll become familiar with key Islamic financial products such as Murabahah, Ijarah, and Tawarruq and their practical applications.

By the end, you’ll have elevated financial literacy and be able to foster ethical banking practices. Moreover, you’ll have networking opportunities within the Islamic banking community.

Gain a solid introduction to Islamic banking

You’ll begin by exploring the fundamental aspects of Islamic banking including the principles and objectives that underpin this financial system.

By engaging with the course materials, you’ll develop a solid foundation in the Islamic financial system and its governance framework.

Delve into Shariah principles

Next, you’ll delve deeper into the Shariah principles that guide Islamic banking practices.

You’ll examine underlying Shariah contracts and their relevance to banking, enhancing your understanding of Islamic contracts and their operational processes.

Through interactive materials, you will analyse the pillars of these contracts and become familiar with the legal and transaction documents associated with them.

Discover Islamic banking products with INCEIF

As you progress, you’ll engage with a variety of Islamic banking products and services. This will allow you to explore their applications and implications within the financial sector.

Learning from the experts at INCEIF, you’ll finish the course able to define the core principles of Islamic banking, navigate its complexities, and contribute positively to its advancement.

  • Week 1

    Introduction to Islamic Banking

    • Welcome

      Welcome to Islamic Banking 101: The Essentials for Beginners course. This course is your gateway to understanding how Islamic banking fosters economic development through fair and just financial systems.

    • The principles and Objective of Islamic Banking

      Ever wondered how finance operates under Islamic principles? We'll unveil the core values of Islamic Banking, contrasting it with conventional banking practices.

  • Week 2

    Shariah Principles in Islamic Banking

    • Discussion

      Before we dive into Week 2, let's review about what we learned last week and what exciting things are coming up!

    • Underlying Shariah Contracts and Modus Operandi

      We're diving into the heart of Islamic finance which are the Shariah-compliant contracts! These contracts are the foundation of ethical and equitable transactions.

  • Week 3

    Islamic Banking Products and Services

    • Discussion

      Before diving into Week 3, let's review what we learned from week 2 and what exciting topics are coming up!

    • Islamic Banking Products and Services

      This week, we're diving into the exciting world of Islamic Banking Products and Services! Explore the diverse options offered by Islamic banks, from deposit accounts to investment opportunities and financing solutions.

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