Home » Executive Education » Open Enrollment Programs » Banking and Financial Markets » Introduction to Islamic Banking

Introduction to Islamic Banking

To Be Announced

Overview

Despite its stellar growth (around 17% per annum over last two decades), Islamic Finance is still a bit of a mystery! Common man has more questions about it than answers. How is it Halal? How is it different? What are the rules of the game? Why has it fascinated even the West and the Vatican? Is it safe and stable despite its incomplete track-record?

This workshop explores inner working of Islamic Banking and Finance, its underlying theory, its logical foundations all the way down to specific products and solutions to the financing and investment needs.


What does this course offer?

'Introduction to Islamic Banking' is designed to fill in this knowledge gap by providing a three-day, rich and intense interaction with the core ideas and applications in Islamic Finance. Specifically, the program addresses the following questions:

  What are the key differences that set apart Islamic banks from their conventional counterparts?
  What are the Sharia rulings that govern practices of Islamic financial institutions?
  How are Sharia rulings derived? What is the basis of different rulings in Islamic Finance?
  What are the conceptual foundations of Riba? What are the Islamic alternatives to Riba-based contracts?
  How do the Islamic modes of financing work? How do they differ in terms of their risk, return and performance profiles from client's perspective as well as from the bank's perspective?
  What are the underlying forces that are fueling the growth of Islamic Finance?


Topics Covered

  Foundations of Islamic Ethics, Economics and Law
  Islamic Legal Theory and Sources of Legal Rulings, Verdicts and Edicts
  Interest, Usury and Riba: Exploring the Core
  Commercial Law in Islam
  Fixed Return Modes - Ijarah, the Islamic Lease
  Participative Modes: Musharakah and Mudarabah
  Sale-Based Modes: Murabaha
  Forward Sales: Salam and Istisna
  Islamic House Financing
  Project Financing and Working Capital Financing

Beginning from its deeper roots in jurisprudence of commercial dealings, the course develops a meaningful understanding of concepts, principles and ground rules that shape the norms and conventions of Islamic Financial Institutions. Subsequently, a detailed discussion of the nature of Islamic finance instruments unfolds. This understanding is then applied to solve the problems of financial contracting consistent with the Shariah. Overall, the course captures the exciting learning opportunities offered by unique interaction between economic forces, regulation, and Shariah principles in the financial marketplace.


Who Should Attend?

  Professionals from both conventional and Islamic finance industry
  CFOs, Financial Managers, Accountant, Auditors
  Business owners who are interested in exploring how they can benefit from services of Islamic Financial institutions
  Clients, Academics and Students

Faculty Profile

Dr. Zeeshan Ahmed

Associate Professor, KSBL
Ph.D., Mississippi State University, USA
MBA, IBA Karachi
CFA and CPA

View Profile

PKR 45,000/- per participant

This fee includes:

  Lunch with 2 teas and snacks for the duration of the program.
  Facilities and equipment.

Discount Options:

  10% discount for each additional participant (after the first) from the same organization.
  10% discount for any individual enrolling in more than two programs during the applicable year. This is regardless of whether the person applies in an individual capacity or is nominated by an organization.

Other Information

  Since pre-program reading is required, it is strongly advised to send registration(s) at least 10 working days prior to the program.
  Your participation will be confirmed after receipt of full payment.
  Preferred mode of payment is by demand draft, pay order or crossed cheque in favor of Karachi School for Business and Leadership.
  KSBL Executive Education will be announcing more programs other than the ones listed above.
  KSBL Executive Education reserves the right to change the programmes, fees and dates.

apply online