Course Overview

Islamic banking is a banking system that is based on the principles of Islamic law, also referred to as Shariah law, and guided by Islamic economics. Two basic principles behind Islamic banking are the sharing of profit and loss and, significantly, the prohibition of the collection and payment of interest by lenders and investors. Collecting interest or "riba" is not permitted under Islamic law

Training DurationTotal Training Hours : 30 Hours
Training Duration : 1 Week
Total Training Days : 5 Working Days
Training SchedulesWeekdays (Sunday to Thursday)
Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included

WeekEnds (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
Certifications:1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE

2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address)
Learning AidsYes
Course MaterialHard & Soft Copies of Study Material
Language of InstructionEnglish
Instructor HelplineYes
1. Email
2. Social Media (For Emergency requirements)
Registration Requirements1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
Mode of Payment:Cash / Cheque / Credit Card / Bank Transfer.
Eligibility Criteria
(Who should attend this training)

Finance and Islamic banking lawyers

Islamic bankers

Islamic investment bankers

Risk management professionals

Islamic finance product developers

Finance graduates and academicians

Credit administration professionals in Islamic banks

Shariah compliance managers

Finance and legal professionals from corporate issuers
Course Benefits

Knowledge and understanding of the following:

• The Historical Development of the Islamic Banking & Finance

• Islamic Banking in Malaysia and other Selected Jurisdictions

• Overview of International Islamic Finance Regulatory Framework

• Legal and Regulatory Framework of Islamic Finance Industry in Malaysia

• Relevant Acts Governing Islamic Financial Institutions

• Position of the relevant associations

• Dispute Resolutions in Islamic Finance

• Impacts of IFSA 2013

• Shari’ah as the backbone of Islamic banking and finance industry

• Selected Issues on the Challenges Faced by the Islamic Financial System

Course Contents / Outline

Fundamental of Shari’ah Compliance in Islamic Banks (IBs)

Shari’ah Audit for Islamic Banks

Shari’ah Review for Islamic Banks

Key Audit and Review Areas in Islamic Banks-Deposit Mobilisation

Key Audit and Review Areas in Islamic Banks-Financing

Dealing with Shari’ah Non-Compliant Finding"

"Specialisation 1: Islamic Capital Market

Shariah Rules in Islamic Financial Transactions

Islamic Capital Markets

Risk Management in Islamic Financial Institutions

Elective Courses


Specialisation 2: Shariah for Islamic Finance

Shariah Rules in Islamic Financial Transactions

Shariah Audit and Compliance

Shariah Issues in Islamic Finance

Elective Courses


Specialisation 3: Islamic Banking

Shariah Rules in Islamic Financial Transactions

Islamic Banking Practices

Structuring Financial Requirements

Elective Courses


Specialisation 4: Islamic Wealth Management

Shariah Rules in Islamic Financial Transactions

Islamic Wealth Planning & Management

Islamic Insurance"

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