Course One: Certificate in Islamic Banking and Finance
1. Islamic Banking and Finance: Past, Present and Future.
- General overview of the industry of Islamic banking and finance.
- History, current status and the future prospects of the Islamic banking and finance industry as a whole.
2. The Fundamental Principles of Islamic Banking and Finance.
- The fundamental rules and principles of Islamic Banking.
- Detailed analysis of the primary sources of Shariah, Islamic jurisprudential rules
- The premises of relevant Shariah rulings applicable to Islamic banking products and services.
3. Products, Structures and Mechanism in Islamic Banking and Finance.
- The common Islamic banking products types, their structures and mechanism.
- How the products of Islamic banking are developed and executed?
- The Islamic money market and treasury products
4. Fundamentals of Sukuk (Islamic alternative to Bond)
-Introduction of the fundamentals of Sukuk by touching on its various forms and categories,
- The features and how Sukuk are structured compared to conventional Bonds
5. Fundamentals of Takaful and Re-takaful (Islamic Insurance)
- Overview of the Takaful and re-takaful
- The features and characteristics of takaful vis-à-vis conventional insurance
6. Fundamentals of Shariah-Compliant Stocks and Funds
- The key Shariah requirements of Stock screening from a Shariah perspective
- The features and characteristics of a Shariah-compliant fund
7. Islamic Forex Trading
- A comprehensive understanding of Islamic Forex
- The Shariah rules, principles and guidelines applicable to trading currencies
8. Islamic Trade Finance
- Depth analysis of Islamic trade finance instruments:
- Islamic letter of credit
- Islamic trust receipt
- Islamic import and export finance and documentary collection etc...
Course Two: Certificate in Waqf (Islamic Endowment) Studies
1. Understanding the Nature and Significance of Waqf (Islamic Endowment) in Shariah
- A comprehensive picture of Waqf, its historical origin, its theoretical framework
- The Shariah significance, its nature, mechanism and working models
2. The Role and Relevance of Waqf in the Islamic History
-How Waqf has played very crucial role in the socio-economic history of Islamic societies,
how waqf has assumed a renewed significance in the modern era across the globe
3. Waqf versus English Trust: A Comparison
- Comparison and Contrast of the concept, framework, mechanism and structures of Waqf versus English trust
- Critical information on the factors of effectiveness for the two institutions.
- Practical knowledge of how a charitable versus private Waqf and trust function.
4. Waqf in the Context of Islamic Finance
- An overview of how Waqf is relevant to Islamic finance industry,
- Features and functions of Waqf and Islamic finance
5. Shariah-based Corporate Governance of Waqf
- A detailed description of how modern Waqf can evolve into a corporation like entity,
- How the framework of corporate governance for Waqf can be developed.
6. Waqf, Sustainable Development Goals (SDGs) and Maqasid al-Shariah
- The potentials of Waqf in contributing towards the sustainable development...
- Teaching methods
- Virtual classroom lectures and interactive practical workshop format intended to affirm the earning objectives.