Understanding the underlying financial rules and regulations is essential for any business to protect itself from financial risk. Islamic financial systems differ slightly from conventional borrowing, lending, and capital management systems.
They follow the Islamic financial law known as Shari’a Law. Financial systems, including accounting, banking, investment firms, and insurance companies, must ensure that their policies and procedures comply with Shari’a Law when making financial changes and decisions.
As the requirements for Shari’a Law within financial institutions are growing, it’s important to understand the changes and developments and how these could affect your business or way of working.
Shari’a law has some very strict nuances, and adhering to these guidelines, especially when dealing with companies overseas, is essential to minimising the risks to your business and securing your financial position for the future.
Upon completion of this course, participants will be able to:
This course is designed for anyone who wishes to gain a deeper knowledge and understanding of Islamic banking and capital management. It would be most beneficial for:
This course uses various adult learning methods to aid full understanding and comprehension. Participants will review case studies to understand the differences between conventional and Islamic financing. They will have the most modern tools and products to ensure correct financial management under Shari’a Law.
Participants will hold group discussions to understand the risk areas and potential problems that may arise under Shari’a Law. Together, they will discuss potential solutions and developments within their organisation.
Section 1: Islamic Banking Methodology
Section 2: The Functions, Products, & Services
Section 3: Balance Sheets & Social Utility Management
Section 4: Governance & Regulations
Section 5: Shari’a Oversight
Section 6: The Future of Your Investments Under Islamic Law
Upon successful completion of this training course, delegates will be awarded a Holistique Training Certificate of Completion. For those who attend and complete the online training course, a Holistique Training e-Certificate will be provided.
Holistique Training Certificates are accredited by the British Accreditation Council (BAC) and The CPD Certification Service (CPD), and are certified under ISO 9001, ISO 21001, and ISO 29993 standards.
CPD credits for this course are granted by our Certificates and will be reflected on the Holistique Training Certificate of Completion. In accordance with the standards of The CPD Certification Service, one CPD credit is awarded per hour of course attendance. A maximum of 50 CPD credits can be claimed for any single course we currently offer.