Essentials of Islamic Finance & Banking

Essentials of Islamic Finance & Banking

This indispensable course is designed to help participants understand the central tenets of Islamic banking and the many regulations and conventions governing Islamic financial practices and systems. The programme will provide attendees with a crystal-clear understanding of the essentials of the Islamic banking system and highlight the differences between the Islamic financial system and traditional systems. The programme will explore the contemporary history of Islamic finance trends and describe the services and products available in Islamic banking. During this course, participants will hone their skills and techniques of pinpointing the main issues relevant to Islamic finance and banking. Finally, attendees will become familiar with the concept of uncertainty (gharar) and recognise the differences between profit and interest in Islamic finance and banking.

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