Islamic Finance

Description

Islamic finance is one of the fastest growing and mostrninnovative financial disciplines in the international financialrnmarket. It is growing at a rate of 15-20% each year, and isrnexpected to be US$2 trillion in size by 2010. It is one of thernleast understood both by the western financial community andrnindeed by those in Islamic communities. This course offers arnclear and understandable examination of this dynamic area ofrnfinance. It will help participants to fully understand thernfundamental principles underlying modern Islamic finance, asrnwell as modern practices prevailing in this industry.

Program

Finance Major

Objectives

• At the conclusion of the course, the participants will be able to: • Understand the basic rules and values underlying Islamic finance. • Learn about the full range of current Islamic products used in Islamic banking, capital markets and insurance. • Have an up-to-date overview on the scope and relevance of the Islamic financial market across the world and, in particular, in Europe • Comprehend current issues and discussions surrounding the Islamic financial industry.