merger merger

Welcome to your new course portal!

On October 15th, moved to - which means you can now find all your favourite courses right here. Don't worry - you can still do all the things that you could do before.

All you need to do is search.

Show as: Mobile

How does COVID-19 impact education? See what we're doing to help our learners.

Islamic Finance Qualification (In-House)

LEORON Professional Development Institute
Course summary
5 days
4,190 USD excl. VAT
Next available date: Enquire for details - Worldwide
Corporate Training for Teams

Course Description

CISI Islamic Finance Qualification In-house course

Islamic finance has been growing steadily at an estimated rate of 10–15% per year and is currently estimated to have
assets of around $1 trillion US dollars. As such, it has become an increasingly attractive sector within the financial industry. To be able to understand Islamic finance, it is necessary to understand the principles it is based on, and the fact that Sharia’a governs all aspects of a Muslim’s life. The purpose of this course is to help understand the main Islamic principles and concepts in relation to Islamic banking and finance.

Suitability - Who should attend?

This course is designed for those who wish to understand the main Islamic principles and concepts which relate to Islamic Banking and finance.

Outcome / Qualification etc.

  • Earn CPD hours upon successful completion of the qualification
  • Access to Associate membership and ACSI designatory letters
  • Successful completion of the exam will lead to the IFQ Qualification attainment offered by the CISI.
  • CISI Student membership– become associated with a Chartered professional body and take advantage of
    an extensive range of benefits

Training Course Content

ELEMENT 1 The Basis of Islamic Banking and Finance

  • The ethical underpinning of Islamic finance
  • The role of the Sharia’a
  • Qur’an and Sunnah approaches to Islamic Finance

ELEMENT 2 An Introduction to Islamic Banking and Finance

  • The development of Islamic finance and banking
  • Main functions of Islamic banks 
  • Operating structures and organisational forms adopted by the Islamic Financial Services Industry 
  • Institutional bodies overseeing and/or supporting Islamic finance and banking

ELEMENT 3 Islamic Law of Contracts

  • The ethical precepts relating to Islamic business
  • The major prohibitions in Islamic Finance (Riba, Gharar)
  • The classification of and conditions applied to contracts with respect to their effect: Sahih, Fasid and Batil
  • The nature of the security contracts: Hawala, Kafala, Rahn  

ELEMENT 4 Financial Contracts and Techniques Applied by Islamic Banks

  • The distinction between a conventional bank intermediary and an Islamic intermediary
  • The operation of current accounts in Islamic banking
  • Fund Management in Islamic Finance
  • The use of Ijara Mawsoofa Bil Thimma (Forward Lease)

ELEMENT 5 Islamic Investment Management

  • The Islamic investment guidelines
  • Islamic contracts in structuring Islamic investment funds
  • The approaches used to manage the market risk of portfolios and equity funds
  • The benefits of direct investments: Shares and Real Estate

ELEMENT 6 Sukuk Market

  • Introduction and Basic overview of the Sukuk Market
  • The differences between conventional and Islamic securities
  • The responsibilities of the different parties to a Sukuk
  • Sukuk standards and Capital Market considerations

ELEMENT 7 Islamic Insurance – Takaful

  • The position of Islam regarding insurance
  • The origins of Takaful
  • The risks associated with Takaful claims and their mitigation

ELEMENT 8 Financial Statements

  • The conceptual framework of International Financial Reporting Standards (IFRS)
  • Path towards the establishment of Islamic Accounting Standards
  • The conceptual framework of AAOIFI financial accounting statements

ELEMENT 9 Islamic Corporate Governance

  • The origins and nature of Corporate Governance
  • Corporate Governance challenges in Islamic Banking
  • The roles of the Sharia’a Supervisory Board in the Corporate Governance of an Islamic bank


LEORON delivers this course on an in-house basis, helping meet your company's specific training needs. Their customised training solutions are available worldwide and can be delivered at your offices or at conveniently located training facilities. Contact for more information and pricing details.

Get Inspired! Watch the Video

The Partners for Quality Award recognizes an Employer providing support to an individual where there was a significant benefit to the Division or Society. LEORON institute was granted the prestigious award for their continued promotion of Organizational Excellence through training courses that are directly related to quality improvement techniques and methodologies they provide while promoting the values and mission of ASQ Quality Management Division.


Provider: LEORON Professional Development Institute


Built upon the strong experience in the manufacturing sector, which its founders developed in Sweden during the 90’s global expansion, LEORON evolved into the dominant training institute that offers a comprehensive set of training and development solutions. All across the...

Read more and show all courses with this provider

Request information - obligation free

Fill out your details to find out more about Islamic Finance Qualification (In-House).

  Contact the provider

  Get more information

  Register your interest

Contact information for LEORON Professional Development Institute

LEORON Professional Development Institute


 Show phone number

Request Information

Find out more about this Islamic Finance Qualification (In-House) course - simply fill out your details:


There are no reviews available yet.

U.K. L&D Report: 2019 - Benchmark Your Workplace Learning Strategy

Are you curious about the L&D strategies of some of the U.K.'s top companies?

Find out what they're up to in's second annual U.K. L&D Report!


Learn more

Be Inspired - watch the videos
Case Study
LEORON Accredited by ANSI

LEORON Institute is accredited by ANSI as, ANSI-Accredited Certificate Issuer.

Read more

Similar Courses