Fundamentals of Islamic banking and finance

Instruction Language

English

Country

Syria

English Abstract

This interactive and intensive course aims at providing the participants with the basic tools, concepts and principles of understanding how Islamic banks work, what are the fundamentals of their functions and how do they structure their financing and their resource mobilization without interest and without violating any of the rules and junctions of Shari’ah.

This is a 4-day program that explains the background and most important characteristics of Islamic finance.

The course will go on to examine the most commonly structured products, including capital markets instruments.

Delegates will then have a chance to discuss the challenges facing Islamic finance.

The course agenda includes : -Foundations of Islamic finance.

-Banking practices in the history of the Islamic society.

-Development of contemporary Islamic banks.

-Definition and nature of an Islamic bank.

-Salient features of Islamic banks.

-Comparison and contrast with conventional banks.

-Characteristics of Islamic banking.

-Regulation of Islamic banks.

-Monetary policy in Islamic framework: objectives, tools.

-Islamic re-definition of banking services.

-Conventional banking services that are not permitted in Islamic banks.

-Finance contracts In Islamic banks.

-Currency Transactions and Riba al Fadl.

-Earning Return by ownership, labor and guarantee.

-Islamic financial intermediation.

-Prohibition of Riba (interest), Gharar, gambling, sale of what you don’t own, etc.

-Comparison between Islamic financing and interest-based financing.

-Characteristics of the Shari’ah-named financing contracts.

-Hybrid Islamic financing contracts.

-Growth of Islamic banking and new products.

-Size of Islamic banking in.

-Islamic investment funds.

-New products and market financing.

-Islamic securitization and Sukuk.

-Case Studies.

Objectives

- This interactive and intensive course aims at providing the participants with the basic tools, concepts and principles of understanding how Islamic banks work, what are the fundamentals of their functions and how do they structure their financing and their resource mobilization without interest and without violating any of the rules and junctions of Shari’ah.

Certificate / Course Program

This is a 4-day program that explains the background and most important characteristics of Islamic finance. The course will go on to examine the most commonly structured products, including capital markets instruments. Delegates will then have a chance to discuss the challenges facing Islamic finance. The course agenda includes : -Foundations of Islamic finance. -Banking practices in the history of the Islamic society. -Development of contemporary Islamic banks. -Definition and nature of an Islamic bank. -Salient features of Islamic banks. -Comparison and contrast with conventional banks. -Characteristics of Islamic banking. -Regulation of Islamic banks. -Monetary policy in Islamic framework: objectives, tools. -Islamic re-definition of banking services. -Conventional banking services that are not permitted in Islamic banks. -Finance contracts In Islamic banks. -Currency Transactions and Riba al Fadl. -Earning Return by ownership, labor and guarantee. -Islamic financial intermediation. -Prohibition of Riba (interest), Gharar, gambling, sale of what you don’t own, etc. -Comparison between Islamic financing and interest-based financing. -Characteristics of the Shari’ah-named financing contracts. -Hybrid Islamic financing contracts. -Growth of Islamic banking and new products. -Size of Islamic banking in. -Islamic investment funds. -New products and market financing. -Islamic securitization and Sukuk. -Case Studies.

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

Data Type

Training Courses

Record ID

BIM-727219