For any business, it’s essential to understand the underlying financial rules and regulations to protect your business from financial risk. Islamic financial systems are slightly different from conventional systems in regard to borrowing, lending, and capital management.
They follow the Islamic financial law named Shari’a Law. Financial systems including accounting, banking, investment firms, and insurance companies all need to ensure that their policies and procedures are compliant with Shari’a Law when it comes to 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 does have some very strict nuances and the requirement to stick within these guidelines, especially when dealing with companies overseas, is essential to minimise the risks to your business and secure your financial position for the future.
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 a variety of adult learning methods to aid full understanding and comprehension. Participants will review case studies to understand the differences between conventional and Islamic financing and will be provided with the most modern tools and products in order to ensure correct financial management under Shari’a Law.
Group discussions will be held between participants to understand the risk areas and potential problems that may arise under Shari’a Law and together, they will discuss potential solutions and developments within their own organisation
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.