Islamic Banking: Operationalisation of Shariah

Master Shariah-compliant finance procedures with INCEIF University

Shariah Law has implications for a wide range of operations within banking. Anyone aspiring to work in Islamic finance needs to be able to understand and apply the fundamental principles of Shariah.

This four-week course from INCEIF University examines the operational aspects of Shariah in the Islamic banking industry. Covering real estate, car, and personal finance, the course will give you the practical expertise you need to follow Shariah-compliant procedures.

Gain an overview of Shariah and its operationalisation

The course will begin with an introduction to Shariah and its operationalisation.

From core products and documentation to consumer processes and workflows, you’ll gain a broad overview of essential applications of Shariah in banking.

Prepare for careers in Islamic banking

As well as understanding the financial applications of Shariah in your own life, you’ll also receive training for work in the Islamic banking industry.

You’ll learn how to manage Shariah-compliant documents and products, and evaluate common occurrences of Shariah non-compliance. This will prepare you for careers in Islamic banking.

You’ll finish the course with actionable insights that you can take away and implement in your own company or organisation.

This course is designed for anyone wanting to adopt Shariah compliant practice in their work or personal finances.

It will be particularly useful for Shariah Committee members, policy-makers, board directors, and senior managers within the Islamic banking industry.

• Introduction to Operationalisation of Shariah: Product, Documentation & Process
• Course Overview
• Operationalisation of Diminishing Musharakah
• Summary and Reflection for Week 1
• Operationalisation of Al-Ijarah Thumma Al-Bai (AITAB)
• Al-Ijarah Thumma Al-Bai (AITAB)
• Summary and Reflection for Week 2
• Operationalisation of Commodity Murabahah
• Personal Financing using Commodity Murabahah
• Summary and Reflection for Week 3
• Conclusion and Next Step
• Challenges in Operationalisation of Shariah in Islamic Finance Products
• Course Recap
• What's Ahead?
• Complete the Course