Islamic Banking and Finance
This Islamic Banking and Finance course offers a comprehensive overview of the principles and practices governing financial transactions in Islam. Beginning with an exploration of prohibited elements in Islam, participants will understand the ethical framework underpinning Islamic finance. The curriculum then delves into the fundamentals of Islamic banking, comparing and contrasting with conventional banking systems. Key Islamic financial products such as Murabaha, Mudarabah, Musharakah, Ijarah, Salam, and Istisna are thoroughly examined, providing insights into their structures and applications. Additionally, the course addresses current issues and challenges faced by Islamic banks, preparing participants to navigate complexities in the contemporary financial landscape. Through this course, participants will gain a deeper understanding of Islamic finance principles and their implications in modern banking practices.