Islamic Banking: Limitations and Issues of Shariah

Posted 10 months 8 days ago by INCEIF

Study Method : Online
Duration : 5 weeks
Subject : Business
Overview
Gain knowledge and insights to make informed decisions and contribute to the growth and development of the Islamic banking sector.
Course Description

Develop practical knowledge and skills in Islamic banking and Shariah compliance

On this five-week course, you’ll deepen your understanding of Shariah principles and compliance in Islamic banking.

You’ll enhance your skills in ethical decision making and problem solving – both vital for navigating the challenges in Shariah-related product handling.

Through an exploration of governance practices and real-case simulations, you’ll learn how to apply your knowledge to succeed in Islamic banking and finance while fostering ethical practices that are Shariah compliant.

Enhance your understanding of the Islamic finance sector

You’ll start by gaining an introduction to major causes of Shariah non-compliant events in banking operation.

This will help you understand the importance of the governance and reporting of Shariah non-compliant events.

Next, you’ll explore the limitations and issues in handling Shariah-related products and the strategies to help navigate this.

This will help you ensure compliance while meeting customer needs and marketing demands. Within this, you’ll discover the importance of process flow and documentation during Aqad execution.

Learn from experts in Islamic banking and finance

Finally, you’ll participate in case simulations on rescheduling and restructuring (R&R) to help you apply your knowledge to formulate strategic solutions in real-world scenarios.

Learning from industry experts, you’ll finish the course with the skills to excel in the Islamic banking industry while adhering to ethical standards.

This course is designed for a wide range of stakeholders.

It will benefit professionals in the Islamic finance industry, students, regulators, investors, customers, academics, and researchers.

Requirements

This course is designed for a wide range of stakeholders.

It will benefit professionals in the Islamic finance industry, students, regulators, investors, customers, academics, and researchers.

Career Path
  • Apply a deep understanding of Shariah principles and compliance requirements in Islamic banking operations, enabling ethical decision-making and conduct within the industry.
  • Identify major causes of Shariah non-compliance events in banking operations, allowing for effective identification, assessment, and mitigation of potential non-compliance risks.
  • Design effective governance and reporting strategies for Shariah non-compliant events, promoting transparency, accountability, and regulatory compliance within the Islamic finance sector.
  • Investigate and propose strategies to navigate limitations and challenges in handling Shariah-related products, ensuring compliance while meeting customer needs and market demands.
  • Engage in case simulations and discussions on Rescheduling and Restructuring (R&R), applying knowledge to formulate strategic solutions, and enhancing critical thinking and problem-solving abilities in real-world scenarios.