Introduction to Islamic Finance
Professional Development
Overview
Islamic finance is now one of the fastest growing sectors of the financial marketplace – driven by the new wealth of the Middle East and by the needs of the Muslim community both in the UK and across the globe.
OCRLive
The course is delivered via our award-winning Online Classroom Live study method which utilises live and engaging, interactive webinars.
Suitable For
This introduction session would be useful for existing and new employees already dealing with clients who expect Shariah compliance and need to understand how it applies in a business context. It can also serve as a taster session for those who wish to pursue a career in Islamic finance.
This course has already run and a new date has not yet been scheduled. Please contact us to register your interest.
Learning Outcomes
Having attended this course, delegates will:
- Gain knowledge of the general principles of Shariah law (Fiqh al Muamalat) and its application to Islamic banking and finance.
- Understand the principles behind investment selections and practices used in Islamic financial markets.
- Have been provided with an overview of the main contracts used in Islamic finance and their practical application.
Session content
- What is Islamic Finance?
- What are the driving principles of Islamic Finance?
- What are Islamic Contracts (Mudaraba, Musharaka, Murabaha, Ijara, Salam, Istisna)?
- How can Islamic Contracts be used to develop financial products?
- What are the roles and responsibilities of a Shariah Supervisory Board?
- What is Zakah?
Tutor
Mustafa Muchhala
Management Accounting, Financial Management and Islamic Finance. Prior to becoming a freelance tutor, Mustafa was a senior lecturer for BPP for over 20 years delivering both professional development and professional qualifications courses.