Murabaha and Mudarabah Financing in Islamic Banking
Overview:
Introduction:
This training program offers a concise yet comprehensive exploration of two key financing methods within Islamic banking. Participants gain practical insights into Murabaha (cost-plus financing) and Mudarabah (profit-sharing partnership), learning how these Sharia-compliant mechanisms operate and their significance in Islamic finance.
Program Objectives:
At the end of this program, participants will be able to:
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Acquire comprehensive knowledge of the Islamic Banking System and its primary products.
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Demonstrate proficiency in comprehending and effectively utilizing the principles of the Islamic Finance System.
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Develop confidence in communicating with Islamic Bankers and Islamic Financial Institutions.
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Attain qualifications suitable for employment with consulting companies providing services to Islamic Banks.
Targeted Audience:
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Investment bankers.
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Auditors, risk management experts, and compliance experts.
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Finance professionals seeking to expand their knowledge of Islamic economics and finance principles.
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Banking professionals interested in understanding Sharia-compliant financial practices.
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Entrepreneurs and business owners aiming to incorporate Islamic finance into their ventures.
Program Outline:
Unit 1:
Foundations of Islamic Finance:
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Islamic Finance.
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Principles of Islamic Banking.
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The Role and Expansion of Islamic Banks.
Unit 2:
Comparative Analysis of Banking Systems:
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Comparing the Islamic and conventional banking systems.
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Items provided by Islamic banks.
Unit 3:
Model and Structure of Murabaha Financing:
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Murabaha.
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Rules.
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Step by Step Process.
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Contract.
- Difference from conventional banking.
Unit 4:
Mudarabah Financing Models and Structures:
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Mudarabah.
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Types.
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Officials in Rabbul-Maal (Investor).
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Investments and Costs.
Unit 5:
Islamic Treasury Products
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Gains and losses.
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Discontinuation.
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Mudarabah Collective and Running.
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Deposit Side, Asset Side.