Fundamentals of Shariah for Islamic Finance

The e-learning videos cover the fundamental knowledge of the Shariah principles and applicable contracts in Islamic Finance. Altogether, the bite-sized e-learning videos has a total duration of 3.5 learning hours.

This course shall elaborate the relevant concepts and principles of Shariah in Islamic Finance. In general, the content provides the understanding of the origin, sources, purpose, and philosophy of Shariah which is the foundation of the Islamic financial system.

The e-learning videos also aim to highlight the fundamentals and application of Islamic laws in financial practice, which forms the basis for the Islamic financial institutions to comply with the legal requirements and principles.

Upon completion of all topics, learners are encouraged to sit for the Fundamental of Shariah in Islamic Finance (FOSIF) assessment. As FOSIF holder, learner can then pursue to the next level of IBFIM certification, the Associate Qualification in Islamic Finance (AQIF).

AQIF is recognised by the Chartered Institute for Securities & Investment (CISI), a leading security, investment, wealth and financial planning professional body that is based in the United Kingdom.

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The objective of this course are:

  • Acquire basic knowledge of Shariah, the requirements of Muamalat contracts and the differences between Islamic and Conventional Finance.
  • Understand the concept of Shariah, its objectives, sources, governance and the rule-making process in Islamic law.
  • Discuss the classification of Muamalat contracts commonly practised in mainstream Islamic finance products and services

The course is suitable for:

  • Islamic finance practitioners
  • Academicians
  • Students
  • Public

Language: English

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