Islamic Banking and Finance Specialist
Course Description

This 2-days highly interactive course will provide participants a comprehensive understanding of Islamic banking and finance principles, products, and practices from fundamentals to intermediate level.

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Recognitions

WingsWay Training Institute, a globally recognized and trusted Authorised Training Centre, ensures you receive top-quality education and recognition for your efforts. Our commitment to delivering exceptional private education in Dubai has earned us the endorsement of the Knowledge and Human Development Authority (KHDA) and ISO 9001:2015 certification from the International Accreditation Forum (IAF).

Furthermore, WingsWay Training Institute proudly achieved the title of ‘Best Training Institute’ twice in 2023 and anticipates maintaining this prestigious position in 2024. Our services and training quality have not only been recognized by students in over 60 countries but also by TOP international organisations.

Course Outline

Module 1: Islamic Economic System

History and philosophy of Islamic finance
Core principles of Islamic economics
The role of Sharia in Islamic finance
The basic prohibitions- Riba, Gharar, Qimar

Module 2: Islamic Financing Modes

Introduction
Profit-sharing and risk-sharing principles
Financing based on partnership contracts:
Mudarabah (profit-sharing)
Musharakah (partnership)
Financing based on trade:
Murabaha (cost-plus financing)
Salam (sale with deferred delivery)
Istisna (manufacturing financing)
Financing based on leasing:
Ijarah (leasing)

Module 3: Islamic Investment Products

Sukuk (Islamic bonds)
Islamic mutual funds
Investment account structures

Module 4: Islamic Financial Institutions

Key Characteristics of Islamic Banking Operations
Structure and operations of Islamic banks
Retail Banking
Investment Banking
Corporate Banking
Treasury and International Banking
Regulatory framework for Islamic finance

Module 5: Contemporary Issues in Islamic Finance

Challenges and opportunities in the Islamic finance industry
Fintech and innovation in Islamic finance
Islamic microfinance
Additional Resources:
Recommended Reads about Islamic Finance

Course Duration

2 Days

Learning Mode

Classroom
Virtual Instructor Led Training – VILT

Course Language

English

Who Should Attend?

Finance Professionals, Bankers, and investment managers.
The course is designed for professionals wishing to pursue a career in Islamic banking or also for experienced Islamic bankers.

Learning Objective

Gain a foundational knowledge of Islamic economic principles and their application in finance.
Understand the core prohibitions in Islamic finance, including Riba (usury).
Explore the various Sharia-compliant financial instruments used in Islamic banking.
Analyze the operational framework of Islamic financial institutions.
Evaluate the advantages and challenges of Islamic finance in the global market.

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Islamic Banking and Finance Specialist