Islamic Finance – Certificate in Accounting for Islamic Financial Institutions
The course consists of 12 chapters:
- Framework of financial reporting for Islamic financial institutions
- Financial reporting of Islamic financial institutions
- Financial statements I: balance sheet and statement of restricted investment
- Financial statements II: income statement and accounting policies on income determination
- Investment accounts and profit distribution policy
- Accounting and reporting: Mudarabah and Musharakah financing
- Accounting and reporting: Murabahah financing
- Accounting and reporting: Ijarah and Ijarah Muntahia Bi Tamleek
- Accounting and reporting: Salam and Istisna’ financing
- Corporate governance
- Auditing of Islamic financial institutions
- Shari’ah governance
Entry Requirements: Level 2 English and Maths
Format of Course Materials: Paper-based
Assignments: None, but the course contains a study guide, exemplars, and practice questions.
Exams: One exam – 40 multiple choice questions, one hour long. (Funding not included – you will need to re-apply to PET for the exam fees).
Prison Support Requirements: Organize and invigilate exam
Tutor Support: Yes
What’s Next? There are a wide range of finance, business and management courses to consider.
Find Out More: You can read about the course provider here
whois: Andy White Freelance WordPress Developer London
© Prisoners' Education Trust 2023