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.

06 Mar 2019
3 CPD hours
3 hours
Jersey

Introduction to Islamic Finance

Date: 06 Mar 2019
Time: 11:00 - 14:00

Cost: GBP 150

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.