Introduction to Islamic Banking & Finance

Course Overview

Islamic Banking is an integral part of Islamic Finance. Islamic bank is the first sector to emerge from Islamic finance. Therefore, it is important to know the basics of Islamic finance and proceed to Islamic banking. This section explains what Islamic finance and its basic principles is.

This 5-day Introduction to Islamic Banking & Finance training course provides participants with a conceptual framework for understanding the key concepts, theories, and principles associated with Islamic banking and finance. It will provide the participants with a thorough understanding of the central products and services the Islamic banking and finance industry offers. Current issues and concerns pertinent to Islamic banking and finance are also considered, giving participants insight into the possible future directions of this rapidly growing industry.

Course Objectives

This training course aims to enable participants to achieve the following objectives:

• Understand the basics of Islamic banking
• Be able differentiate Islamic banking and conventional banking
• Identify products of Islamic banks
• Learn the basic terminology used by Islamic banks
• Describe the functions, sources, and uses of funds of Islamic banks
• List the risks and risk management of Islamic banks

Target Audience

This training course is suitable for a wide range of professionals but will greatly benefit:

• Finance Professionals in banks and financial institutions
• Beginners who require a more in-depth understanding of the concept of Islamic finance & corporate governance
• Business Consultants and Professional Advisers
• Students in Finance and Accounting

Training Methodology

The training course will combine presentations with interactive practical exercises, supported by video materials, activities, and case studies. The participants will be encouraged to partake actively in relating the principles of best practices in Islamic banking sector to the needs of their workplace.