![](/images/graphics-bg.png)
Ijarah and its applications
Instruction Language
English
Country
Bahrain
English Abstract
The Ijarah and its application course provides a detailed explanation on the many aspects of Ijarah, covering its principles, legal foundations, and more specifically, how it is applied in the current Islamic banking practice.
The course makes use of cases that utilise sample contracts and scenarios to further explain to participants the concept of Ijarah.
Program Duration
10
Objectives
- Upon successful completion of this course, participants will be able to : -Explain the background of traditional leasing and list the types of leasing that exist. -Review the history of Islamic banking and the current Islamic banking and finance landscape. -Discuss the key principles of Islamic banking, referencing the sources of Shariah, and then specifically relating it with Islamic leasing. -Describe the essential rules of Islamic leasing and explain how Islamic leasing is applied to the modern products of Islamic banking. -Identify and evaluate the key differences between Islamic leasing and traditional leasing. -Explain the key points of AAOIFI Shariah Standards no. 9 and FAS no. 8 on Ijarah and apply the latter in solving accounting related questions.
Field work
This course is for individuals who would like to gain an in-depth understanding on the specific contract of Ijarah and how it is applied in the current Islamic banking products, those who deal directly with Ijarah-based products, or those working in Islamic leasing companies.
Pre-session Requirements
BIBF course Introduction to Islamic banking and finance-part 1 600E.
Features of the course
-The course is conducted using a combination of lectures, discussions, case studies, and an end-of-course assessment. Students are also expected to complete an additional 4 hours of self-study. Note : this course is assessed.
Certificate / Course Program
-A historical perspective to traditional leasing. -A review on the history of Islamic banking and its current financial landscape. -Key principles and rules of the Islamic nominate contract of Ijarah. -A discussion on the products of Ijarah : operational Ijarah, finan cial Ijarah, Islamic real estate investment trust, Ijarah Sukuk, Ijarah credit card. -Ijarah and Ijarah Muntahia Bittamleek under AAOIFI Shariah Standards no. 9. -Accounting for Ijarah transactions under AAOIFI FAS no. 8. -Case studies related to Ijarah contract analysis.
No. of Pages
3
Main Subjects
Financial and Accounting Sciences
Religion
Law
Islamic Studies
Topics
Data Type
Training Courses
Record ID
BIM-727096