Key Details

Duration: 2 Days

Delivery method: In-house

Overview

This qualification provides an introduction to the philosophy of Islamic banking and finance and offers an overview of the industry making this an ideal first stepping stone in a career in Islamic banking and finance. The syllabus covers the key Islamic banking and finance principles and concepts including Islamic economics...

This qualification provides an introduction to the philosophy of Islamic banking and finance and offers an overview of the industry making this an ideal first stepping stone in a career in Islamic banking and finance.

The syllabus covers the key Islamic banking and finance principles and concepts including Islamic economics and its worldview, infrastructure and history, Islamic business ethics, and Sharia’a and Fiqh principles.

The CISI's Fundamentals of Islamic Banking & Finance is recognised by Ofqual as the level 2 Award in Fundamentals of Islamic Banking & Finance and as a level 2 qualification on the Regulated Qualifications Framework (RQF). On the European Qualifications Framework, this equates to a level 3 qualification.

Who is this for?

Fundamentals of Islamic Banking and Finance is an ideal qualification for those wishing to launch a career in Islamic banking and finance. It is suitable for all staff working in, or aspiring to work in, the Islamic finance areas of financial services.It is also suited to those wishing to further their studies and research related to this field or professionals operating in financial services who want to gain a comprehensive overview of the Islamic finance sector.

Islamic Economics and its Worldview

  • Introduction
  • Islamic Economics
  • Evolution of Islamic Economics
  • Key Concepts in Islamic Economics

The Origins, History and Evolution of Islamic Banking and Finance

  • History and Evolution

Islamic Business Ethics

  • Business Ethics

Islamic Banking and Finance Features

  • Fundamentals of Islamic Banking and Finance
  • Concept of Money
  • Preferred Transaction Types
  • Comparison of Conventional and Islamic Financing
  • Observation and Criticisms

Sharia’a and Fiqh Principles

  • Sharia’a and Fiqh Principles

Islamic Banking and Finance Infrastructure

  • Regulatory Environment
  • Industry-building Institutions

Our classroom training is delivered in-house and can be tailored to your Firm's requirements and the ability of the audience preparing for CISI exams.

Face to face training
Our recommended approach includes face to face training with one of our CISI expert trainers who will guide participants through the syllabus in a structured, engaging and interactive manner.

Practice tests and mock exams
Our face to face training days commence with a ‘kick-off’ test, testing the participants on their existing capabilities, and finish with a ‘progress’ test assessing their progress on the days topics.

As part of our in-house CISI study programmes, participants have access to chapter by chapter practice questions and a mock exam that simulates the real CISI examination.

These tools provide valuable feedback and monitoring to track the participants’ performance throughout the study programme and are vital in effectively preparing participants for success in their CISI exam.