Understanding Islamic Microfinance
Posted 3 months 8 days ago by INCEIF
Expand your understanding of Islamic finance to comply with Shariah law
If you’ve ever wondered if the world of finance was more than just profit-driven transactions, you’ve come to the right place.
On this flexible, four-week course from the International Center for Education in Islamic Finance (INCEIF) University, discover how Islamic microfinance integrates ethical principles with financial inclusion to empower communities and promote sustainable development.
In joining this Islamic microfinance-specific course, you’ll gain expert insights into providing ethical and equitable solutions that adhere to Shariah law.
Distinguish between conventional finance and Islamic microfinance
Begin this course by differentiating between conventional microfinance practices and Islamic microfinance.
You’ll gain a comprehensive insight into the foundational principles and practical applications of Islamic microfinance, how these differ from more traditional methods, and their benefits.
Explore various Islamic financial models, including Sadaqah and Zakat
Fill your financial toolkit with an understanding of Islamic microfinance models. Dive into the principles and applications of Sadaqah (voluntary charity), Zakat (obligatory almsgiving), and Murabahah (cost-plus financing), and see how these models contribute to economic justice and financial inclusion.
As you learn, you’ll grasp the real-world impact and effectiveness of Islamic microfinance through in-depth case studies and practical examples.
Learn more from the experts at INCEIF University
INCEIF University stands as a leader in Islamic finance education. Their team of experts will be there to guide you throughout this course, ensuring you gain the knowledge and skills needed to navigate complex financial transactions and advance your career.
This course is designed for anyone interested in deepening their understanding of Islamic financial practices, including banking professionals, accountants, financial advisers, consultants, bank customers, students, and the general public.
You don’t need to have an existing knowledge of finance to be able to complete this course, but if you want more context of Islamic finance and banking, we recommend you take another online course from INCEIF, such as their Understanding Islamic Banking for Businesses or Understanding Islamic Banking for Consumers.
This course is designed for anyone interested in deepening their understanding of Islamic financial practices, including banking professionals, accountants, financial advisers, consultants, bank customers, students, and the general public.
You don’t need to have an existing knowledge of finance to be able to complete this course, but if you want more context of Islamic finance and banking, we recommend you take another online course from INCEIF, such as their Understanding Islamic Banking for Businesses or Understanding Islamic Banking for Consumers.
- Explain the basic premise of microfinance and its criticism
- Compare conventional and Islamic microfinance
- Describe the different models used in Islamic microfinance
- Discuss the case studies of Islamic micro finance in the different countries