This free online course teaches about the fundamental principles, business ethics and rules of Islamic finance.Have you ever wondered how an Islamic finance structure works or how it differs from conventional finance? Explore the fundamentals of Islamic finance and the moral, social and legal aspects of business and commercial transactions. We will show you the idea of Islamic insurance and its various products and the practical applications of Islamic finance with a particular focus on its scope in the UK financial market.
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Duration | 1.5-3 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | What You Will Learn In This Free Course • Describe the fundamentals of Islamic finance and the Islamic economic model • List the features of Islamic finance • Outline the ethics and principles of Islamic finance • Discuss the primary form of an Islamic investment fund and various Islamic finance structures • Distinguish between various forms of financial risk • Define ‘Takaful’ (Islamic insurance) • Analyse different types of Takaful products available in the • Islamic finance market • Evaluate the concept of profit-loss sharing in the Islamic finance market • Compare the Islamic and conventional finance systems • Explain the regulatory development of Islamic finance in the UK |
| Course Code | 4904 |
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