Islamic Banking and Finance
Learning Objectives
By the end of this letter of credit course you will be able to:
Develop a good foundational understanding of the core principles, the various norms and prohibitions that govern activities and contracts in the Islamic financial system.
Understand the differences between the Islamic financial system and the conventional system.
Understand the basic modes of Islamic finance.
Be able to apply the content and knowledge you have acquired during this course to “real-life” situations.
Course curriculum
Lessons
In this lesson, you will learn about the core principles of the Islamic financial system and its role in trade.
In this lesson, you will learn about how Islamic ethics are prioritised in the Islamic financial system.
In this lesson, you will learn about how the Islamic financial system works.
In this lesson, you will have a deeper understanding of the concepts of Bai’ Bithaman Ajil and Murabaha.
In this section, we will take a look at three sample case studies that showcase how simple solutions can remedy problems often seen in this sector.
This section will test your knowledge on what you have learned so far and aims to equip you with the skills and context you will need in the field.
