Pideya Learning Academy

Comprehensive Islamic Banking and Finance (10-Day Program)

Upcoming Schedules

  • Schedule

Date Venue Duration Fee (USD)
03 Feb - 12 Feb 2025 Live Online 10 Day 5250
03 Mar - 12 Mar 2025 Live Online 10 Day 5250
07 Apr - 16 Apr 2025 Live Online 10 Day 5250
09 Jun - 18 Jun 2025 Live Online 10 Day 5250
18 Aug - 27 Aug 2025 Live Online 10 Day 5250
22 Sep - 01 Oct 2025 Live Online 10 Day 5250
03 Nov - 12 Nov 2025 Live Online 10 Day 5250
08 Dec - 17 Dec 2025 Live Online 10 Day 5250

Course Overview

As the global financial ecosystem continues to evolve amid mounting calls for ethical investing and financial inclusion, Islamic Banking and Finance stands out as a dynamic and resilient alternative rooted in Shariah principles. Offering a system that prioritizes fairness, transparency, asset-backing, and shared risk, Islamic finance provides a values-based model that is gaining recognition across both Muslim and non-Muslim-majority markets. The Comprehensive Islamic Banking and Finance (10-Day Program) by Pideya Learning Academy is designed to provide professionals with a detailed, structured understanding of how Islamic financial systems operate and how they can be applied effectively within modern banking environments.
According to the Islamic Financial Services Board (IFSB), the global Islamic finance industry was valued at approximately USD 2.8 trillion in 2023, with continued growth projected at 10–12% annually. This growth is largely fueled by increased interest in Shariah-compliant financial solutions across Southeast Asia, the Middle East, and North and Sub-Saharan Africa. Notably, the expanding participation of international financial institutions in Islamic finance has also signaled a significant shift in global attitudes toward ethical, interest-free investment models and governance.
The Comprehensive Islamic Banking and Finance (10-Day Program) equips participants with a well-rounded grasp of the fundamental principles of Islamic finance—such as the prohibition of Riba (interest), Gharar (excessive uncertainty), and Maysir (speculation)—as well as the correct structuring and application of widely used Islamic financial contracts, including Murabaha, Mudarabah, Ijara, and Sukuk. The training draws attention to the moral and philosophical foundations of Islamic banking, while also addressing its practical implications in corporate finance, retail banking, investment structuring, and insurance.
Throughout the program, participants will gain insight into real-world challenges facing Islamic banks, such as designing ethical mortgage solutions, managing liquidity in a non-interest environment, and ensuring compliance with both Shariah and national regulatory frameworks. The course further explores financial reporting standards, risk mitigation strategies, and product innovation in the Islamic financial ecosystem, with a view to enhancing operational excellence and market outreach.
Key highlights of the training include:
Clear explanation of Riba and its implications in contemporary financial transactions
Structured breakdown of core Islamic contracts like Murabaha, Ijara, Mudarabah, and Sukuk
Comparative analysis of conventional and Islamic financial systems and their strategic applications
In-depth coverage of Shariah governance, advisory boards, and regulatory frameworks
Market insights based on recent data and trends from global Islamic finance institutions
Exploration of ethical Islamic alternatives to traditional loans, savings, and insurance models
A curriculum tailored for professionals of all experience levels, from newcomers to seasoned practitioners
This engaging 10-day learning journey fosters both conceptual understanding and analytical thinking, enabling participants to critically examine financial transactions, recognize non-compliant structures, and confidently apply Shariah-compliant principles in practice. The training is also ideal for those transitioning into Islamic finance roles, supporting a growing demand for professionals who can balance faith-based financial ethics with modern business goals.
By the conclusion of this program offered by Pideya Learning Academy, participants will not only understand the unique frameworks that underpin Islamic banking and finance but will also gain the strategic insight necessary to align financial services with growing global demands for ethical, inclusive, and sustainable financial models.

Key Takeaways:

  • Clear explanation of Riba and its implications in contemporary financial transactions
  • Structured breakdown of core Islamic contracts like Murabaha, Ijara, Mudarabah, and Sukuk
  • Comparative analysis of conventional and Islamic financial systems and their strategic applications
  • In-depth coverage of Shariah governance, advisory boards, and regulatory frameworks
  • Market insights based on recent data and trends from global Islamic finance institutions
  • Exploration of ethical Islamic alternatives to traditional loans, savings, and insurance models
  • A curriculum tailored for professionals of all experience levels, from newcomers to seasoned practitioners
  • Clear explanation of Riba and its implications in contemporary financial transactions
  • Structured breakdown of core Islamic contracts like Murabaha, Ijara, Mudarabah, and Sukuk
  • Comparative analysis of conventional and Islamic financial systems and their strategic applications
  • In-depth coverage of Shariah governance, advisory boards, and regulatory frameworks
  • Market insights based on recent data and trends from global Islamic finance institutions
  • Exploration of ethical Islamic alternatives to traditional loans, savings, and insurance models
  • A curriculum tailored for professionals of all experience levels, from newcomers to seasoned practitioners

Course Objectives

After completing this Pideya Learning Academy training, the participants will learn to:
Explain the concept of Riba and identify it in financial transactions
Understand the foundational principles and terminology of Islamic finance
Differentiate between conventional and Islamic banking models
Evaluate various Islamic financial instruments and their mechanisms
Analyze Islamic financial statements in comparison with traditional banks
Explore the structure and purpose of Takaful, Sukuk, and microfinance models
Interpret regulatory and Shariah compliance aspects within Islamic finance
Address common misconceptions and criticisms of Islamic banking systems

Personal Benefits

Participants will benefit by gaining:
A recognized foundation in Islamic finance concepts and applications
Enhanced confidence in interpreting and managing Islamic financial products
Skills to assess compliance and structure ethical financial alternatives
Insights into a high-growth segment of the global finance industry

Organisational Benefits

Organizations that nominate their staff for this program can expect to:
Build internal capacity for Shariah-compliant financial decision-making
Enhance customer service offerings for Islamic finance clients
Improve regulatory compliance awareness in Islamic financial services
Support ethical investment initiatives aligned with global ESG standards

Who Should Attend

This course is designed for:
Bankers and finance professionals seeking knowledge in Islamic finance
Central Bank officials and financial regulators
Customers of Islamic banks seeking better understanding
Academics and researchers in finance or Islamic studies
Policy analysts and financial advisors
Individuals exploring interest-free financial solutions
Beginners and intermediate learners in Islamic financial systems

Course Outline

Module 1: Foundations of Islamic Economic Thought
Introduction to Islamic Economic Frameworks Distinction Between Islamic and Conventional Economics Core Principles of Islamic Economics Role of Ethical and Moral Values in Islamic Economics Relevance to Modern Muslim Societies Prohibition of Interest-Based Transactions
Module 2: Comparative Economic Ideologies and Islamic Ethics
Overview of Capitalist, Socialist, and Communist Systems Islamic Perspective on Wealth Creation and Distribution Justice and Equity in Islamic Economic Framework Resource Ownership in Islamic Context Islamic Evaluation of Capitalism, Socialism, and Communism Islamic Approach to Social Welfare and Inclusiveness
Module 3: Financial Prohibitions in Islamic Law
Prohibition of Riba: Quranic and Prophetic Evidence Riba An-Nasiyah vs. Riba Al-Fadl Difference Between Usury and Interest Implications of Simple and Compound Interest in Transactions Understanding Gharar (Excessive Uncertainty) Maysir and Qimar (Gambling and Speculation) Ethical Risk Management Principles in Islam
Module 4: Islamic Commercial Contracts and Sale Structures
Conditions and Elements of Valid Islamic Contracts Distinguishing Wa'da (Unilateral Promise) and Muwa’adah (Bilateral Promise) Legal Components of Aqd (Contract) Types and Classifications of Sales in Shariah Analysis of Batil (Invalid), Fasid (Defective), and Makrooh (Discouraged) Sales Overview of Prohibited Trade Practices Key Options (Khiyar) in Sales Transactions
Module 5: Comparative Analysis of Conventional and Islamic Banking
Historical Background of Conventional Banking Structural Overview of Interest-Based Banking Systems Functioning of Global Financial Institutions Shariah-Incompatible Aspects in Conventional Models Emergence of Islamic Banking and its Milestones Functional and Philosophical Differences in Both Models Comparative Framework of Operational Principles
Module 6: Islamic Financing Techniques and Modes
Overview of Profit-and-Loss Sharing Models Murabaha (Cost-Plus Sale) Musharakah (Equity Partnership) Mudarabah (Trust-Based Investment) Ijarah (Leasing Mechanism) Salam and Istisna (Forward Sales and Manufacturing Finance) Hybrid Contracts and Modern Structuring
Module 7: Islamic Capital Markets and Investment Instruments
Ethical Screening in Share Markets Sukuk (Islamic Bonds) vs. Conventional Bonds Shariah-Compliant Investment Funds Portfolio Structuring According to Islamic Guidelines Role of Asset-Backed Securities in Shariah Framework Regulatory Standards in Islamic Capital Markets Challenges in Market Liquidity and Compliance
Module 8: Takaful and Risk-Sharing Mechanisms
Conceptual Overview of Takaful (Islamic Insurance) Prohibited Elements in Conventional Insurance Models Cooperative Risk Sharing in Islam Models of Takaful: Wakalah and Mudarabah Re-Takaful (Islamic Reinsurance) Systems Governance in Takaful Institutions Role of Takaful in Financial Inclusion
Module 9: Islamic Microfinance and Social Impact
Defining Microfinance from an Islamic Perspective Features of Islamic Microfinance Models Integration of Zakat and Qard Hasan in Financing Institutional Frameworks and Operational Challenges Case Studies of Global Success Stories Empowering SMEs Through Shariah-Compliant Lending Future Prospects and Strategic Development
Module 10: Shariah Compliance, Audit, and Governance
Overview of Shariah Governance in Islamic Finance Role and Composition of Shariah Supervisory Boards Methodology for Shariah Audit and Internal Controls Ensuring Continuous Compliance with Shariah Standards AAOIFI and IFSB Guidelines and Benchmarks Integrating Ethics into Corporate Governance Case Studies of Compliance Frameworks
Module 11: Applied Islamic Financial Jurisprudence in the West
Legal Adaptation of Shariah Finance in Non-Muslim Jurisdictions Islamic Perspective on Business Loans and Credit Facilities Review of Credit Card Models and Cashback Offers Provident Funds, Pensions, and Retirement Planning Insurance Claims and Legal Disputes in Islamic Context Application of Contemporary Fatwas Jurisprudential Insights and Policy Recommendations

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