Pideya Learning Academy

Islamic Finance Management Program (10-Day Program)

Upcoming Schedules

  • Live Online Training
  • Classroom Training

Date Venue Duration Fee (USD)
10 Feb - 19 Feb 2025 Live Online 10 Day 5250
24 Mar - 02 Apr 2025 Live Online 10 Day 5250
26 May - 04 Jun 2025 Live Online 10 Day 5250
16 Jun - 25 Jun 2025 Live Online 10 Day 5250
07 Jul - 16 Jul 2025 Live Online 10 Day 5250
25 Aug - 03 Sep 2025 Live Online 10 Day 5250
20 Oct - 29 Oct 2025 Live Online 10 Day 5250
08 Dec - 17 Dec 2025 Live Online 10 Day 5250

Course Overview

Islamic finance has emerged as a rapidly expanding segment of the global financial system, offering ethical, risk-sharing alternatives to conventional finance that align with Islamic legal and moral principles. Based on Sharia law, Islamic finance prohibits interest (riba), encourages asset-backed transactions, promotes shared risk, and emphasizes transparency and ethical investing. As the demand for responsible and sustainable finance intensifies worldwide, Islamic finance is increasingly being embraced by both Muslim-majority and non-Muslim economies.
The global Islamic finance industry reached an estimated USD 4.5 trillion in assets by the end of 2023, according to the Islamic Financial Services Board (IFSB). This remarkable growth trajectory—fueled by the expanding middle class in countries such as Indonesia, Saudi Arabia, and Nigeria, as well as increased interest from financial hubs like London and Luxembourg—indicates the sector’s strong global appeal. Sukuk issuances alone rose by more than 10% in 2023, highlighting the rising appetite for Sharia-compliant investment vehicles. Moreover, Islamic financial institutions are playing an increasingly significant role in financing infrastructure, housing, and sustainability-linked projects across emerging markets, contributing to inclusive economic development.
To meet the increasing demand for skilled professionals in this field, Pideya Learning Academy presents the Islamic Finance Management Program—a comprehensive and insightful course that empowers participants with the tools and knowledge needed to operate within the Islamic financial ecosystem. This program is designed to build a robust foundation in Islamic banking principles, financial instruments, regulatory frameworks, and ethical governance standards.
Throughout this 10-day training, participants will explore the distinct structures of Islamic financial products such as Sukuk (Islamic bonds), Ijarah (leasing), Murabaha (cost-plus financing), and Takaful (Islamic insurance), while developing a strong understanding of how these instruments are applied in real-world financial settings. The program goes beyond product knowledge by emphasizing Islamic financial ethics, corporate governance, and stakeholder accountability—principles that are now more important than ever in a post-global crisis financial landscape.
Participants will gain critical insight into the differences between Islamic and conventional financial systems, not only from a theoretical standpoint but also in terms of legal, regulatory, and operational implications. As the line between ethical finance and financial performance continues to blur, the Islamic Finance Management Program sheds light on how institutions can integrate Islamic principles without compromising on growth and profitability.
Another vital aspect covered in the program is Islamic risk management, where participants will learn how financial institutions assess and manage risk without relying on interest-based tools. The program also delves into Sharia governance and accounting standards, equipping learners with the knowledge to ensure compliance, audit readiness, and alignment with international Islamic financial reporting norms.
Among the key learning highlights integrated into this program are:
Deep understanding of the core principles and operational foundations of Islamic finance
Comprehensive knowledge of key financial products including Sukuk, Murabaha, Ijarah, and Takaful
Comparative insights into Islamic and conventional banking and finance systems
In-depth examination of Islamic risk management strategies and ethical governance
Exploration of trends shaping global Islamic financial markets and their future potential
Application of regulatory and accounting frameworks aligned with Sharia principles
Strategic relevance of Islamic finance in corporate financing, asset management, and capital markets
Whether participants are transitioning into the Islamic finance domain or deepening their expertise, this Pideya Learning Academy program is meticulously structured to support professional advancement. By the end of the Islamic Finance Management Program, participants will be well-positioned to make informed, ethical, and strategically sound decisions in their financial roles. This program also offers a valuable lens through which professionals can view emerging opportunities in sustainable finance and Islamic capital markets, helping them adapt to evolving global financial norms.

Key Takeaways:

  • Deep understanding of the core principles and operational foundations of Islamic finance
  • Comprehensive knowledge of key financial products including Sukuk, Murabaha, Ijarah, and Takaful
  • Comparative insights into Islamic and conventional banking and finance systems
  • In-depth examination of Islamic risk management strategies and ethical governance
  • Exploration of trends shaping global Islamic financial markets and their future potential
  • Application of regulatory and accounting frameworks aligned with Sharia principles
  • Strategic relevance of Islamic finance in corporate financing, asset management, and capital markets
  • Deep understanding of the core principles and operational foundations of Islamic finance
  • Comprehensive knowledge of key financial products including Sukuk, Murabaha, Ijarah, and Takaful
  • Comparative insights into Islamic and conventional banking and finance systems
  • In-depth examination of Islamic risk management strategies and ethical governance
  • Exploration of trends shaping global Islamic financial markets and their future potential
  • Application of regulatory and accounting frameworks aligned with Sharia principles
  • Strategic relevance of Islamic finance in corporate financing, asset management, and capital markets

Course Objectives

After completing this Pideya Learning Academy training, the participants will learn:
The foundational principles and objectives of Islamic banking and finance
The historical development and global trends in Islamic economics
How to identify and apply various Islamic financial instruments
The relationship between Islamic finance and conventional financial systems
The economic benefits and market potential of Sharia-compliant portfolios
Key distinctions between Islamic and conventional securities markets
Risk management methodologies within Islamic financial institutions
The principles and application of Takaful (Islamic insurance)
Governance standards and ethical codes for Islamic financial institutions
Comparative insights into Islamic and conventional accounting frameworks

Personal Benefits

Expanded knowledge of Islamic finance and investment mechanisms
Enhanced ability to apply ethical and Sharia-compliant financial practices
Greater competence in comparing and navigating conventional and Islamic markets
Skills to interpret Islamic financial reports and understand Takaful structures
Improved career opportunities in ethical banking, finance, and compliance roles

Organisational Benefits

Strengthened understanding of Sharia-compliant finance systems for business decision-making
Enhanced capability in evaluating and offering Islamic financial services and products
Improved compliance with ethical investment standards
Support for corporate strategies aligned with Islamic and sustainable finance principles
Ability to diversify product offerings and access new markets

Who Should Attend

This Islamic Finance Management program by Pideya Learning Academy is ideal for:
Directors and senior executives
Finance and operations managers
Bankers and investment professionals
Compliance officers and auditors
Shari’ah scholars and advisors
Marketing and business development personnel
Legal professionals working in finance-related fields

Course Outline

Module 1: Foundations of Islamic Financial Systems
Core tenets of Sharia-compliant finance Overview of the Islamic financial ecosystem Prohibited elements in Islamic finance: riba, gharar, and maysir Social and ethical underpinnings of Islamic finance Economic rationale for the growth of Islamic financial services Market segmentation in Islamic finance
Module 2: Legal and Jurisprudential Framework
Role and structure of Sharia advisory boards Sources of Islamic jurisprudence relevant to finance Distinction between conventional and Islamic financial systems Legal maxims in Islamic financial transactions Fatwa issuance process and product certification Sharia-compliance decision-making criteria
Module 3: Structuring Sharia-Compliant Financial Instruments
Key principles in structuring Islamic financial products Risk mitigation and asset-backing in product design Legal documentation for Islamic contracts Common compliance pitfalls and rectification Product approval workflow under Sharia governance Interplay between Sharia standards and local laws
Module 4: Murabaha and Trade-Based Financing Instruments
Mechanics of cost-plus sale (Murabaha) Credit-based Murabaha and deferred payment structures Treatment of late payments and penalties Operational model for Murabaha syndications Use of revolving Murabaha in working capital management Risk assessment in trade-based financing
Module 5: Islamic Letters of Credit and Guarantee Mechanisms
Application of kafala and wakala in financial guarantees Structuring Islamic trade finance instruments Compliance checkpoints for Islamic letters of credit Role of surety and agency in Islamic guarantees Use of risk-sharing tools in Islamic trade transactions Legal implications of guarantee enforcement
Module 6: Lease-Based and Deferred Sale Contracts
Structuring Ijara contracts: leasing under Sharia Ijara muntahia bittamleek: lease-to-own mechanisms Salam contracts for forward commodity sales Use of parallel Salam in commodity trade finance Istisna contracts for project and construction finance Comparison of Istisna and conventional EPC contracts
Module 7: Manufacturing and Infrastructure Financing
Dual Istisna arrangements in phased projects Sharia standards from AAOIFI and IFSB Financial reporting and compliance frameworks Institutional structures for managing Istisna risk Case studies: Istisna in housing and public infrastructure Asset transfer mechanisms in structured finance
Module 8: Equity-Based Financing and Profit Sharing Models
Partnership-based contracts: Musharaka and Mudaraba Capital contribution and loss absorption principles Managing agency in Mudaraba contracts Profit distribution methodologies and Sharia compliance Application of Musharaka in SME and startup finance Structuring hybrid models: diminishing Musharaka
Module 9: Wealth Management and Islamic Investment Advisory
Use of Wakalah in investment mandates Ethical screening and sectoral restrictions in portfolio selection Key criteria for Sharia-compliant asset classes Private wealth management in Islamic banking Role of Islamic finance in succession and estate planning Fiduciary responsibilities of investment advisors
Module 10: Islamic Capital Markets and Fund Structures
Role of Sukuk in capital mobilization Structuring Islamic investment funds Challenges in Sharia-compliant fund management Overview of Islamic equity, commodity, and hybrid funds Emerging trends: Islamic ETFs and hedge fund alternatives Market liquidity and governance mechanisms
Module 11: Risk Management in Islamic Finance
Types of risks in Islamic financial contracts Managing market, credit, and operational risk Constraints on the use of derivatives and hedging tools Techniques for liquidity management Role of Takaful in Islamic risk mitigation Strategies for profit rate and currency exposure control
Module 12: Regulatory Environment and Global Standards
Key global bodies: AAOIFI, IFSB, and OIC Fiqh Academy Regulatory models in key Islamic finance jurisdictions Harmonization of Sharia standards across regions Basel III compliance in Islamic banking Risk-weighted asset allocation in Islamic banks Trends in governance and compliance assurance

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