Islamic Financial Concepts Online Training Course
This online course introduces you to Islamic financial concepts.
Course Overview
This online course introduces you to the fundamental Islamic concepts in Islamic banking & finance and how each concept is being practiced in the Islamic market.What You Will Learn - Course Outline
IntroductionIslamic Concepts
Musharakah
- Definition and Classification
- Basic Rules of Capital of Musharakah
- Basic Rules of Capital
- Management of Musharakah
- Basic Rules of Distribution of Profit
- Basic Rules of Distribution of Loss
- Powers & Rights of Partners in Musharakah
- Termination of Musharakah
- Termination of Musharakah without Closing the Business
- Dispute Resolution
- Security in Musharakah
- Issues Relating to Musharakah
- Liquidity of Capital
- Mixing of Capital
- Tenure of Musharakah
- Uses of Musharakah
- What is Mudharabah?
- Types of Mudarabah
- Mudarabah Expenses
- Distribution of Profit and Loss
- Termination of Mudarabah
- Uses of Mudarabah
- What is Diminishing Musharakah?
- House Financing on the Basis of Diminishing Musharakah
- Diminishing Musharakah for Carrying Business of Services
- Diminishing Musharakah in Trade
- What is Murabaha?
- Basic Rules
- Step-by-step Murabahah Financing
- Issues in Murabahah
- Basic Mistakes in Murabahah Financing
- Uses of Murabahah
- Bai' Muajjal
- Conditions of Bai' Muajjal
- What is Salam?
- Purpose of Use
- Conditions of Salam
- Benefits
- Parallel Salam
- What is Istisna'?
- Difference Between Istisna' and Salam
- Difference Between Istisna' and Ijarah
- Time of Delivery
- Istisna' as a Mode of Financing
- Uses
- What is Ijarah (leasing)?
- Lease for Specific Purpose
- Lessee as Ameen
- Lease of Jointly Owned Property
- Determination of Rental
- Lease as a Mode of Financing
- The Commencement of Lease
- Rent Should be Charged After The Delivery of the Leased Asset
- Different Relations of the Parties
- Difference Between Murabahah and Leasing
- Expenses Consequent to Ownership
- Lessee as a Liability of the Parties in Case of Loss to the Asset
- Variable Rentals in Long Term Leases
- Penalty for Late Payment of Rent
- Penalthy of Late Payment is Given to Charity
- Termination of Lease
- Insurance of the Assets
- The Residual Value of the Leased Asset
- Sub-Lease
- Assigning of the Lease
Clients who have taken this online training course:
- Bank Mandiri
- Bank Melli Iran
- Electronic Saudi Network
- Al Fardan Exchange
Who should take this online course?
New entrants into the Islamic Banking & Finance market who wish to gain an understanding of the underlying Islamic concepts being practiced in the market.System Requirements
- A PC or a MAC computer
- Web Browser Software such as the latest Firefox or Internet Explorer or Safari
- Intenet connection (It is highly recommended that you have a high-speed Internet connection such as broadband/DSL)
- Computer Speakers or headphones (for courses that include audio and video)
Why choose Ethan Hathaway online training courses?
- Practical. Learn from experienced and active industry practitioners and what's being practiced by your peers.
- Applicable. Apply what you learn in your job and your career
- Specially designed courses by industry active experts
- Valuable. Earn more revenue or save your organisation from monetary loss. You and your organisation will quickly earn back your investment on the course fee and more
- Clear. Turning complex concepts into easy to understand concepts
- You gain knowledge and skills that make you valuable to your company and your career
- On-Demand. Get immediate access to the course once you've signed up and paid. No waiting for shipping of course materials. The entire course is delivered online.
- Modular. We understand that you may only want to learn specific aspects of a topic and may not need an entire course, that's why each course is made up of smaller independent modules so you have the flexibility to choose what you want to learn.
- 24/7 access. Once you sign up for the course, you have 60 days access to your chosen course. So, you may learn at your own pace in the comfort of your own home or your work-place - as long as you have access to the Internet you can access the course.
- Save money. No travel and accommodation costs - just turn on your computer and get on the Internet and start learning right away.
- Security. All online courses are secured by special software that prevents the sharing of access details so that only paid users are allowed to access the course(s).
- Certificate of Completion. Upon completion of the online course, you will be eligible for a soft-copy (PDF format) certificate of completion. *May depend on successfully completing relevant tests.
What do you receive in this online course?
Web Articles
Buy Access to this Online Course
By buying access to this online course, you receive all the value listed above for only US$97.
Secure online payments are handled by Paypal:
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