Below is a comprehensive list of the core modules included in the 9 months Level 5 Certificate in The Concepts of Islamic Finance and Banking course:
| Module Name | Description |
|---|---|
| 1. Principles of Islamic Finance | This module covers the fundamental principles and concepts of Islamic finance, including the prohibition of interest (riba) and the principles of risk-sharing. |
| 2. Islamic Banking Operations | This module delves into the operational aspects of Islamic banking, including the structure of Islamic financial products and services. |
| 3. Islamic Financial Instruments | This module explores the various types of Islamic financial instruments, such as sukuk (Islamic bonds) and musharakah (partnership). |
| 4. Islamic Insurance (Takaful) | This module focuses on the principles and practices of Islamic insurance, known as Takaful, and its role in risk management. |
| 5. Islamic Investment Funds | This module covers the structure and management of Islamic investment funds, including mutual funds and real estate investment trusts (REITs). |
These core modules provide a comprehensive understanding of the key concepts and principles of Islamic finance and banking, equipping students with the knowledge and skills needed to excel in this specialized field.