Islamic Finance – Certificate in Islamic Banking and Takaful

The course contains 10 chapters:

  1. Overview of the development of Islamic financial systems and institutions
  2. Islamic financial system: Islamic capital market, takaful and settlement system
  3. Financial regulation and market standards
  4. Deposits and investment accounts
  5. Islamic banking products and services
  6. Trade finance and treasury products
  7. Takaful – an overview
  8. Takaful products and services
  9. Takaful underwriting, deficit, surpluses and retakaful
  10. The financial and operational risks of Islamic financial institutions

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? Certificate in Islamic Capital Markets and Instruments, and then Certificate in Accounting for Islamic Financial Institutions.

Find Out More: You can read about the course provider here

© Prisoners' Education Trust 2023

whois: Andy White Freelance WordPress Developer London