A method of conducting business in the banking industry known as Islamic Banking or Islamic Finance offers customers goods based on Sharia Laws and Principles.
One of the most well-known asset-backed banking systems in the world is Islamic banking. Islamic banks are less vulnerable to market risks, liquidity problems, and reputational issues than conventional banks are because of their solid foundations and asset backing.
The global Islamic banking market is now worth $Trillion and is expanding daily. The Central Bank oversees the regulation of the Islamic financial system. It is the responsibility of dedicated Sharia Compliance and Sharia Audit departments to monitor and evaluate the procedures and goods provided by Islamic Banks.
At the end of this course, participants will be able to: