This course covers the key principles underlying Islamic finance and an introduction to the principal contracts used in Islamic finance to avoid interest and other prohibited elements.
Description
Islamic finance is a growing sector of the global finance industry with a year-on-year growth rate averaging more than 15%. The global demand for sharia-compliant products is on the rise and there has been a flurry of Islamic start-ups (from full-service investment banks to specialist advisory firms).
Key topics:
- Key principles underlying Islamic finance
- An introduction to the principal contracts used in Islamic finance to avoid interest and other prohibited elements
You will also get an insight into how Islamic financial institutions use the principal contracts to service a wide variety of client requirements, across financing personal and business needs.
This one hour online course forms part of the FastClass short course suite.
Learning objectives
- Identify and apply the key principles of Islamic finance.
- Explain the principal contracts underlying Islamic finance structures.
- Apply the principal contracts of Islamic finance in the real world.
Audience
This course provides a high-level insight into the architecture of Islamic finance.