About Course

Day 1: Understanding the Basics of Interest-Free Banking

Session 1: Introduction to Interest-Free Banking (Morning)

• Welcome and Course Overview
• The Concept of Riba (Usury) in Islam
• Historical Perspective on Interest-Free Banking

Session 2: Principles and Concepts (Morning)

• The Fundamental Principles of Interest-Free Banking
• Key Terminologies: Riba, Shariah, and Halal
• Differences Between Conventional and Interest-Free Banking

Session 3: Islamic Financial Products (Afternoon)

• Overview of Islamic Finance Products
• Takaful (Islamic Insurance)
• Islamic Bonds (Sukuk)
• Mudarabah and Musharakah (Profit and Loss Sharing)

Session 4: Regulatory Framework (Afternoon)

• Shariah Compliance and Oversight
• Role of Islamic Financial Institutions
• Regulatory Bodies and Standards (e.g., AAOIFI, IFSB)

Day 2: Practical Implementation and Case Studies

Session 5: Interest-Free Banking Models (Morning)

• Different Models of Interest-Free Banking (e.g., Islamic Banks, Islamic Windows)
• Case Studies: Successful Islamic Banking Institutions

Session 6: Investment and Financing (Morning)

• Islamic Modes of Financing (e.g., Murabaha, Ijarah)
• Risk Management in Interest-Free Banking
• Case Studies: Financing Real Estate and Projects

Session 7: Challenges and Future Trends (Afternoon)

• Challenges Faced by Interest-Free Banks
• Opportunities and Growth Prospects
• Emerging Trends in Islamic Finance

Session 8: Workshop, Q&A, and Certification (Afternoon)

• Interactive Workshop: Applying Interest-Free Banking Principles
• Participant Q&A and Discussion