Pideya Learning Academy

Islamic Banking Rules and Regulations

Upcoming Schedules

  • Live Online Training
  • Classroom Training

Date Venue Duration Fee (USD)
06 Jan - 10 Jan 2025 Live Online 5 Day 2750
03 Mar - 07 Mar 2025 Live Online 5 Day 2750
12 May - 16 May 2025 Live Online 5 Day 2750
02 Jun - 06 Jun 2025 Live Online 5 Day 2750
28 Jul - 01 Aug 2025 Live Online 5 Day 2750
22 Sep - 26 Sep 2025 Live Online 5 Day 2750
06 Oct - 10 Oct 2025 Live Online 5 Day 2750
22 Dec - 26 Dec 2025 Live Online 5 Day 2750

Course Overview

Islamic banking has transformed from a niche initiative into a thriving global financial system, with more than 80 countries currently hosting Islamic finance institutions. According to the Islamic Financial Services Board (IFSB), the total value of Islamic financial assets is projected to exceed USD 4 trillion by 2024, driven by demand for ethical finance, demographic shifts, and the internationalization of Shari’ah-compliant financial products. Institutions in the Middle East, Southeast Asia, Africa, and even Europe are increasingly recognizing the potential of Islamic finance not only as a value-based alternative but also as a robust framework supporting financial inclusion and sustainable growth.
In this evolving landscape, professionals operating within or interacting with Islamic financial institutions must stay abreast of the legal and regulatory frameworks that govern this dynamic sector. From the foundational principles of Shari’ah to the implementation of global standards like Basel III and IFSB guidelines, a deep and current understanding of Islamic banking regulations has become essential. Legal advisors, compliance officers, and finance professionals are expected to align financial innovations with both local and international expectations while maintaining full adherence to Islamic jurisprudence.
The Islamic Banking Rules and Regulations course by Pideya Learning Academy is designed to meet this growing demand for specialized legal and compliance expertise in Islamic finance. This advanced training dives into the core legal sources of Islamic finance and the regulatory regimes shaping the operational landscape of Islamic financial institutions globally. With a focus on real-world relevance, the course offers a rich combination of legal theory, comparative jurisdictional studies, and insights into Shari’ah governance systems.
Participants will examine the frameworks developed by the Islamic Financial Services Board (IFSB), explore Basel III’s relevance to Islamic banking, and review country-specific legislation and amendments that influence compliance structures. Special attention is paid to how common law and civil law systems interpret and enforce Islamic finance principles differently, highlighting challenges in harmonization and implementation. The program further explores the role of Shari’ah Supervisory Boards, Fatwa issuance trends, and regulatory engagement strategies with entities like the UK’s Financial Conduct Authority (FCA) and other key Islamic finance jurisdictions.
As part of this structured training, participants will benefit from key learning highlights that include:
A comprehensive understanding of the legal foundations of Islamic financial systems, including the Qur’an, Sunnah, Ijma, and Qiyas
In-depth comparative analysis of Shari’ah law enforcement across both civil and common law jurisdictions
Exploration of IFSB regulatory standards and implications of Basel III on liquidity, capital adequacy, and risk management in Islamic financial institutions
Detailed examination of Islamic finance laws, legal reforms, and compliance protocols across emerging and developed markets
Focused discussions on global policy approaches and the evolution of regulatory frameworks in countries like the UK, Malaysia, and GCC nations
Insightful case studies and legal scenarios that illustrate real-world regulatory applications and challenges
Through this course, Pideya Learning Academy ensures that attendees not only gain a thorough understanding of Islamic banking law but are also empowered to interpret and apply these frameworks confidently in various institutional settings. Whether designing compliant products, advising clients, or structuring financial deals, participants will be equipped with the tools to lead with legal clarity and regulatory precision.
By integrating deep subject-matter knowledge with current regulatory developments and jurisdictional nuances, this training provides a strong foundation for professionals aiming to thrive in the ever-expanding realm of Islamic finance. As the sector continues to evolve, the ability to anticipate and respond to regulatory shifts will be a distinguishing capability—and this course ensures participants are fully prepared for that journey.

Key Takeaways:

  • A comprehensive understanding of the legal foundations of Islamic financial systems, including the Qur’an, Sunnah, Ijma, and Qiyas
  • In-depth comparative analysis of Shari’ah law enforcement across both civil and common law jurisdictions
  • Exploration of IFSB regulatory standards and implications of Basel III on liquidity, capital adequacy, and risk management in Islamic financial institutions
  • Detailed examination of Islamic finance laws, legal reforms, and compliance protocols across emerging and developed markets
  • Focused discussions on global policy approaches and the evolution of regulatory frameworks in countries like the UK, Malaysia, and GCC nations
  • Insightful case studies and legal scenarios that illustrate real-world regulatory applications and challenges
  • A comprehensive understanding of the legal foundations of Islamic financial systems, including the Qur’an, Sunnah, Ijma, and Qiyas
  • In-depth comparative analysis of Shari’ah law enforcement across both civil and common law jurisdictions
  • Exploration of IFSB regulatory standards and implications of Basel III on liquidity, capital adequacy, and risk management in Islamic financial institutions
  • Detailed examination of Islamic finance laws, legal reforms, and compliance protocols across emerging and developed markets
  • Focused discussions on global policy approaches and the evolution of regulatory frameworks in countries like the UK, Malaysia, and GCC nations
  • Insightful case studies and legal scenarios that illustrate real-world regulatory applications and challenges

Course Objectives

After completing this Pideya Learning Academy training, the participants will learn to:
Understand the foundational sources of Islamic law and their practical implications in financial systems
Assess how Shari’ah law is enforced within both common and civil law frameworks
Identify and analyze specific laws and legislative amendments that govern Islamic banks and financial institutions
Evaluate the role of Shari’ah boards, the Fatwa issuance process, and governance structures
Interpret and apply key regulatory standards from the Islamic Financial Services Board (IFSB)
Examine the impact of Basel III requirements on Islamic financial institutions
Explore international regulatory perspectives, including the UK’s evolving approach to Islamic finance

Personal Benefits

Expanded knowledge of Islamic financial law and regulatory frameworks
Improved career prospects in the growing Islamic finance sector
Confidence in interpreting and applying compliance standards in various jurisdictions
Enhanced ability to contribute to strategic decision-making in Islamic financial institutions

Organisational Benefits

Enhanced in-house capability to navigate Islamic finance laws and regulations
Improved risk mitigation and regulatory compliance in Shari’ah-compliant product offerings
Strengthened reputation as a legally sound and compliant financial institution
Increased confidence in engaging international clients and markets in Islamic finance

Who Should Attend

In-house legal advisors and legal consultants
Islamic finance professionals and product developers
International bankers and regulatory compliance officers
Private practice lawyers with finance or commercial specialization
Fund and asset managers exploring Shari’ah-compliant portfolios
Venture capital professionals with interest in Islamic investments
Investment consultants and financial advisers
Leasing professionals engaged in Islamic structured finance

Course Outline

Module 1: Principles of Islamic Financial Intermediation
Core Concepts of Shari’ah-Compliant Finance Asset-Based and Equity-Based Contract Structures Islamic Modes of Profit Sharing: Mudarabah and Musharakah Lease-Based Financing Structures: Ijarah and Ijarah Muntahia Bittamleek Cost-Plus and Deferred Payment Sales: Murabaha and Bai’ Muajjal Islamic Investment Accounts and Profit Distribution Mechanisms Structure and Analysis of Islamic Bank Balance Sheets Roles and Functions of Islamic Financial Institutions Takaful Operators and Islamic Insurance Models Role of Islamic Microfinance in Financial Inclusion
Module 2: Shari’ah-Compliant Financial Instruments
Financing Instruments in Islamic Banking Investment Vehicles in Islamic Capital Markets Sukuk Structures and Classifications Islamic Treasury Operations Risk-Weighted Asset Instruments in Islamic Finance Liquidity Management Tools in Shari’ah-Compliant Finance Screening Criteria for Islamic Equity Investments Structuring Islamic Real Estate Investment Trusts (REITs) Hedging Mechanisms and Islamic Derivatives Alternatives
Module 3: Risk Management Framework in Islamic Banking
Overview of Risk Types in Islamic Financial Institutions Operational Risk Factors in Shari’ah-Compliant Institutions Market Risk and Liquidity Risk Management in Islamic Banks Credit Risk: Islamic vs Conventional Approaches Regulatory Environment and Basel III Compliance Internal Control Systems and Risk Governance Framework for Assessing Institutional Risk Appetite Risk Mitigation Strategies for Asset-Backed Finance Tools for Risk Identification and Monitoring
Module 4: Quantitative and Qualitative Risk Evaluation Techniques
Bank Performance Ratios and Metrics CAMELS Rating System in Islamic Banking Context Stress Testing and Scenario Analysis for Islamic Assets Financial Statement Interpretation of Islamic Banks Sector-Wide Banking Risk Assessment Models Application of DuPont Analysis in Islamic Financial Institutions Integration of Risk and Return Metrics Role of Shari’ah Audit in Risk Assessment
Module 5: Credit Risk Governance in Islamic Financial Systems
Credit Risk Typologies in Islamic Finance Shari’ah-Compliant Credit Evaluation Techniques Structuring Collateral and Guarantees in Islamic Contracts Risk Concentration and Diversification Strategies Policies for Credit Risk Containment Interbank Placements and Liquidity Exposure Evaluation of Counterparty Risks in Islamic Syndicated Finance Assessment of Contingent Liabilities and Off-Balance Sheet Exposures
Module 6: Asset Quality and Non-Performing Financing Management
Identification and Classification of Impaired Assets Trends and Triggers for Nonperforming Islamic Assets Shari’ah-Based Guidelines on Asset Write-Offs and Recovery Provisions and Impairment Accounting in Islamic Finance Legal Framework for Recovery and Enforcement in Islamic Banking Impact of Macroeconomic Conditions on Asset Quality Early Warning Systems and Monitoring Frameworks Strategies for Asset Restructuring and Reprofiling
Module 7: Governance, Compliance, and Shari’ah Oversight
Shari’ah Governance Framework and Board Responsibilities Shari’ah Audit and Internal Control Mechanisms Compliance Risk and Regulatory Reporting Obligations Roles of Fatwa Committees and Shari’ah Advisors Aligning Governance with Maqasid al-Shari’ah Conflict of Interest and Ethical Compliance in Islamic Banks International Regulatory Standards for Islamic Finance (AAOIFI, IFSB)
Module 8: Emerging Trends and Innovations in Islamic Finance
FinTech and Digitalization in Islamic Banking Smart Contracts and Blockchain in Shari’ah-Compliant Systems Green Sukuk and Sustainable Islamic Investment Instruments Artificial Intelligence and Risk Analytics in Islamic Finance Crowdfunding Platforms for Halal Ventures Evolving Landscape of Islamic Social Finance (Zakat, Waqf, Sadaqah) Cross-Border Integration of Islamic Financial Systems Future Outlook and Globalization of Islamic Banking

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