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Module III, the most strategic part, gives an overview of financial products in conventional and Islamic perspectives and discusses the …

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Module III, the most strategic part, gives an overview of financial products in conventional and Islamic perspectives and discusses the main Islamic modes of business and investment and how they have to be used by IFIs as modes of financing. Explanations of the concepts of credit and forward sales (Murabaha–Mu’ajjal, Salam and Istisna’a), leasing of assets and services (Ijarah), partnership-based modes like Musharakah, Mudarabah and Diminishing Musharakah are followed by the procedures that IFIs could adopt for respective modes to facilitate a variety of clients, ensuring Sharı´ah compliance.

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PRIVATE COURSE
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  • EXPIRED

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ABOUT THE PROGRAM

The Islamic Economics and Finance Certificate Course is a free distance learning program of the Africa Islamic Economic Foundation. Organised under the auspices of its Islamic Finance Talent Development Program (IF-TDP) it is intended to develop the talents of fresh university graduates and other midlevel professionals who have the interest and passion to pursue a meaningful Islamic finance professional career.

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