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Level 5 Certificate in The Concepts of Islamic Finance and Banking
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Insights into Level 5 Certificate in The Concepts of Islamic Finance and Banking

Level 5 Certificate in The Concepts of Islamic Finance and Banking

The Concepts of Islamic Finance and Banking

Islamic finance and banking have gained significant attention in recent years due to their unique principles and practices. One of the key certifications in this field is the Level 5 Certificate in The Concepts of Islamic Finance and Banking.

Understanding Islamic Finance

Islamic finance is based on principles derived from the Quran and Sunnah, which prohibit interest (riba) and promote risk-sharing and ethical investment. The Level 5 Certificate delves deep into these principles, providing students with a comprehensive understanding of how Islamic finance works.

Key Topics Covered in the Course

  • Islamic Banking Principles
  • Islamic Investment Funds
  • Shariah Compliance
  • Islamic Insurance (Takaful)

Statistics on Islamic Finance

Year Global Islamic Finance Assets (USD Billion)
2015 2,143
2016 2,445
2017 2,557

Conclusion

The Level 5 Certificate in The Concepts of Islamic Finance and Banking is a valuable qualification for anyone looking to pursue a career in Islamic finance. By understanding the principles and practices of Islamic finance, individuals can contribute to the growth and development of this rapidly expanding industry.

Visit our course page to learn more about this course at: Level 5 Certificate in The Concepts of Islamic Finance and Banking