Sharia Compliant Banking Course for Central Banks

Sharia Compliant Banking Course for Central Banks

Advanced | 5 days | Face to Face / Online / Elearning | Certificate
01

Course Overview

Course Summary
Course Title Sharia Compliant Banking Course for Central Banks
Organization Tech For Development (T4D)
Venue Tech For Development (T4D) Training Centre
Duration 5 days
Target Industries
Target Job Roles
Course Fees (Face-to-Face) USD 1,500/KES 99,000 (Exclusive of VAT)
Course Fees (Virtual) USD 1,000/KES 70,000 (Exclusive of VAT)
Training Modes Virtual and face-to-face training
Payment Payment should be made to the Tech For Development (T4D) bank account on or before the start of the course
Accreditation Tech For Development Certificate of Course Completion

Introduction

The Sharia Compliant Banking Course offers participants a comprehensive understanding of the principles, practices, and regulations governing Islamic banking and finance tailored for central banks. Participants will gain insights into the unique features of Sharia-compliant banking, including prohibitions on interest (riba) and adherence to Islamic principles.

Duration

5 Days

Organizational Impact

Participants will enhance their ability to:

  • Improve understanding of Islamic finance principles and practices among central bank professionals, leading to improved product development and customer service.
  • Strengthen compliance with Sharia principles and regulatory requirements in Islamic banking operations for central banks.
  • Increase market competitiveness and attractiveness to Islamic finance customers.
  • Improve risk management practices in Sharia-compliant banking activities within central banks.

Personal Impact

Upon completion, participants will:

  • Acquire specialized knowledge and skills in Islamic finance and banking, enhancing professional competency and career advancement prospects within central banks.
  • Increase confidence in navigating Sharia-compliant banking operations and transactions relevant to central banks.
  • Expand network of contacts within the Islamic finance industry and regulatory community, fostering collaboration and career development opportunities.
  • Gain recognition as a subject matter expert in Sharia-compliant banking, contributing to professional credibility and leadership potential within central banks.

Course Objectives

  • Understand the principles and concepts of Islamic finance and banking relevant to central banks.
  • Explore the fundamental principles of Sharia-compliant banking and financial transactions for central banks.
  • Learn about the products, services, and contracts used in Islamic banking applicable to central banks.
  • Gain insights into the regulatory frameworks and challenges in Sharia-compliant banking for central banks.
02

Course Modules

Modules

Module 1: Introduction to Islamic Finance

  • Principles and Concepts of Islamic Finance
  • Key Differences Between Conventional and Islamic Banking
  • History and Development of Islamic Banking and Finance

Module 2: Sharia Principles in Banking

  • Prohibitions and Principles of Sharia Law (Maqasid al-Sharia)
  • Contracts and Transactions Permitted in Islamic Finance
  • Compliance and Governance in Sharia-Compliant Banking

Module 3: Sharia-Compliant Banking Products

  • Mudarabah, Musharakah, and Wakalah Contracts
  • Islamic Financing Products: Murabahah, Ijarah, and Istisna
  • Islamic Investment and Savings Products

Module 4: Regulatory Frameworks and Challenges

  • Regulatory Frameworks for Islamic Banking: Sharia Boards and Supervisory Authorities
  • Challenges and Issues in Sharia-Compliant Banking Operations
  • Harmonization of Sharia Principles with International Banking Standards

Module 5: Case Studies and Practical Applications

  • Case Studies on Sharia-Compliant Banking Practices
  • Practical Exercises in Designing Sharia-Compliant Products and Services
  • Role-Playing Scenarios in Sharia-Compliant Transactions
03

Course Administration

Methodology

Instructor-led sessions use a blended learning approach combining presentations, guided practical exercises, web-based tutorials, and group work, delivered by seasoned industry experts. All facilitation and course materials are in English, so participants should be reasonably proficient in the language.

Accreditation

Upon successful completion of this training, participants will be issued a Tech For Development Certificate of Course Completion

Training Venue

The training will be held at the Tech For Development Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.

Accommodation & Airport Transfer

Arranged upon request.For reservations contact the Training Officer:
Email: [email protected]
Phone: (+254) 790 824 179

Tailor-Made

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our T4D Training Centre or at a convenient location.

Payment

Payment should be transferred to the T4D account through a bank on or before the start of the course. Send proof of payment to [email protected].

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Kigali
Addis Ababa
Kuala Lumpur
Accra
Cairo
Pretoria
Cape Town
Johannesberg
Zanzibar
Arusha
Kisumu
Dubai
Mombasa
Nairobi
Nakuru
Machakos
Naivasha
Kampala