Course Components
Introduction to Islamic Banking and Finance
- Main principles of Islamic Banking
- Role and sources of Sharia
- History of Islamic Finance
- Functions of Islamic banks & bodies overseeing the industry
Islamic Principles of Exchange
- Islamic teachings relating to business
- Major prohibition
- Rules of exchange
- Validity of a contract
- Accounting treatment for Islamic contracts
Islamic contracts
- Types of contracts
- Wakala
- Mudaraba
- Musharaka
- Murabaha
- Ijara
- Salam
- Wad
- Arbun
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