Introduction to Islamic Finance
Self-paced Islamic finance course
Course overview
This course introduces users to the basic concepts, principles and practices of Islamic Banking and Finance in an informative and appealing format. Once the students have successfully completed the course, they will possess a clear grasp on the subject matter. In this lesson the fundamental principles of Islamic Economics and Islamic Finance are introduced. It also analyzes the evolution, growth and development of the industry across various periods of time.
What you will study
- Introduction of Islamic finance
- Introduction to Islamic Economics and Finance
- Source and Islamic Schools of Law
- Islamic Economics – Real Owner Wealth And Resource
- Islamic Economics Position Trade Money
- Islamic Finance
About the instructor
Mohammed Imad Ali
Imad supports Marifa in its initiative to bring affordable, interesting and engaging education on Islamic banking and finance to the online global community using only the most innovative learning techniques in the process. The experience which Imad has gained working with Shariah support and advisory departments of Citi Islamic and HSBC Amanah helps him appreciate the nuances of Islamic finance education. His work stints in the Islamic finance team at Dentons in Dubai and with the legal department of an Islamic leasing company in Kuwait gives him advantage to appreciate Islamic finance legal documentation. Imad obtained his Master’s degree in Comparative Laws from Islamic University Malaysia specializing in Islamic banking jurisprudence. He has read law and is admitted as a lawyer in India.
Course content
Introduction of Islamic finance
This story covers the fundamental principles of Islamic economics and Islamic finance. It also presents the evolution, growth and development of the industry across various periods of time
Introduction to Islamic Economics and Finance
This lesson covers the definition and meaning of Quran, Sunnah, Shariah, Fiqh, Sources of Islamic commercial law and Schools of Islamic legal thought.
Source and Islamic Schools of Law
In this section the main guiding principles of Islamic economics are discussed.
Islamic Economics – Real Owner Wealth And Resource
The main features of Islamic finance are presented.
Islamic Economics Position Trade Money
Some of the main features of Islamic Economics are presented.
Islamic Finance
In this lesson the important principles of Islamic finance are highlighted and an analysis of the concept of interest is done.
Islamic Finance-Gharar – Unlawful Services
We analyze the concept of uncertainty and the restriction with regards to investment in goods and services.