Islamic Banking - Murabaha and Mudarabah Financing
Overview:
Introduction
Islamic banking, also known as Islamic finance, is a style of banking where consumers are supplied goods and services based on Sharia Laws and Principles. One of the most well-known financial systems in the world, Islamic finance is a secure and asset-backed sector. In comparison to the conventional banking system, Islamic banks are less vulnerable to reputational concerns, liquidity issues, and market hazards.
Due to its transparent business practices, Islamic banking is expanding daily and has grown to be a $ Trillion global sector. The Central Bank, which oversees the financial system, as well as Islamic / Sharia scholars, supervise and regulate the Islamic banking industry. The operation of Islamic Financial Institutions is overseen by specialized Islamic departments of Central Banks.
Course Objectives
At the end of this course, participants will be able to:
- Get knowledge of the Islamic Banking System and Its Primary Products
- Capable of comprehending and using knowledge of the Islamic Finance System
- Possess the confidence necessary to communicate with Islamic Bankers and Islamic Financial Institutions.
- Be qualified to work with consulting companies that offer services to Islamic Banks
- Receive lifetime access to this course as well as a certificate of completion.
Targeted Audience
- Investment bankers
- Auditors, risk management experts, and compliance experts
- Banking and finance students
- Finance Islamic students
- Those who wish to learn more about Islamic banking and its products
Course Outline
Unit 1:
- Islamic Finance
- Principles of Islamic Banking
- The Role and Expansion of Islamic Banks
Unit 2:
- Comparing the Islamic and conventional banking systems,
- Items provided by Islamic banks
Unit 3: Model and Structure of Murabaha Financing
- Murabaha
- Rules,
- Step by Step Process
- Contract,
- Example
- Difference from conventional banking etc.
Unit 4: Mudarabah Financing Models and Structures etc.
- Mudarabah
- Types
- Officials in Rabbul-Maal (Investor)
- Investments and Costs,
Unit 5: Islamic Treasury Products
- Gains and losses,
- Discontinuation
- Mudarabah Collective and Running
- Deposit Side, Asset Side, etc.