Understanding Islamic Banking for Businesses

Elevate your business prowess by acquiring skills in Islamic banking and finance

In today’s global financial market, understanding Islamic financial principles is not just an advantage but a necessity. What do these principles involve, and how can businesses use them to their advantage?

On this five-week course from INCEIF University, get a comprehensive deep dive into the world of Islamic banking. Explore fundamental principles in fundraising, financial products for businesses, and risk management.

By the end of this course, you’ll have gained expert insights and competitive skills to navigate the intricacies of Islamic banking in the context of Shariah-compliant principles, and how to apply these principles to address the evolving needs of businesses, ensuring ethical and sustainable financial practices according to Islamic law.

Explore Islamic financing products and services

Begin this course with an inside look into the business lifecycle and how financial enterprises utilise fundraising to grow their operations.

Explore a range of Islamic banking solutions available to businesses, such as asset and term financing, all tailored to meet the diverse needs of businesses operating in a global financial landscape.

Understand how Islamic businesses evaluate risk when assessing financing applications

Gain valuable insights into risk assessment practices used by Islamic financial institutions and make informed decisions by applying quantitative and qualitative techniques when evaluating businesses.

Discuss pricing strategies utilised by banks, considering factors such as customer relationships and collateralisation.

Learn more from the experts at INCEIF University

If you want to expand your knowledge of Islamic banking, consider taking another online course from INCEIF, such as their “Understanding Islamic Banking for Consumers.”

This course is designed for anyone interested in deepening their understanding of Islamic banking practices, including banking professionals, accountants, financial advisers, consultants, bank customers, students, and the general public.

• Fund raising and business life cycle
• When is Funding Required?
• Business Life Cycle
• Special Financing Arrangement
• Knowledge Check
• Islamic business financing products and services
• Types of Islamic business financing products and services
• Knowledge Check
• Islamic trade financial products and services
• Islamic trade financial products and services
• Knowledge Check
• Financing Process and Evaluation
• Introduction to Credit or Financing Process
• Qualitative Evaluation
• Quantitative Evaluation
• Knowledge Check
• Pricing of Business Financing Products
• Introduction to Pricing of Business Financing Products
• Components of Pricing
• Knowledge Check
• Collaterals in Financing
• Collaterals and Security in Financing
• Knowledge Check
• Conclusion and Next Step
• Assessment