Level 5 Certificate in The Concepts of Islamic Finance and Banking


100% Online / Admission open 2024
Course code: L5-CIFB-BA / Undergraduate / Accounting and Finance / Credits: 15

Overview

Immerse yourself in the dynamic world of Islamic finance and banking with our Level 5 Certificate program. Our interactive teaching methods bring the concepts to life, using real-world case studies to provide practical insights for navigating today's fast-paced digital landscape. Dive deep into the principles of Sharia-compliant finance, risk management, and ethical investment practices. Gain a competitive edge with hands-on learning experiences that prepare you for success in the industry. Whether you're a seasoned professional or just starting out, this program will equip you with the knowledge and skills needed to excel in the ever-evolving field of Islamic finance and banking.

Course units

• Introduction to Islamic Finance
• Principles of Islamic Economics
• Islamic Banking Operations
• Islamic Capital Markets
• Islamic Insurance (Takaful)
• Islamic Investment Funds
• Islamic Contracts and Transactions
• Shariah Compliance and Governance
• Risk Management in Islamic Finance
• Ethical and Social Responsibility in Islamic Finance

Entry requirements

Level 4 diploma or GCE/GCSE or equivalent overseas qualification 5 years work experience

Fee and payment plans

Duration
The programme is available in two duration modes:
- 6 months
- 9 months


Course fee
The fee for the programme is as follows:
6 months - Fee: GBP £1499
9 months - Fee: GBP £1199


Payment plans
The programme offers following fee payment plans:
● Payment option (a): GBP £499 x 3 monthly instalments
● Payment option (b): GBP £1425 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
● Payment option (c): GBP £239 x 5 monthly instalments
● Payment option (d): GBP £599 x 2 quarterly instalments
● Payment option (e): GBP £1140 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

Accreditation

The qualification is delivered by Greenwich School of Business and Finance (GSBF) and it is awarded by a regulated awarding body.

Enrol now

1. Complete the online enrolment form and pay the enrolment fee of GBP £20.

2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.

Enrol Now

Career roles

Islamic Finance Manager
Sharia Compliance Officer
Islamic Investment Analyst
Islamic Banking Consultant
Islamic Wealth Manager

Key facts

The Level 5 Certificate in The Concepts of Islamic Finance and Banking provides a comprehensive understanding of Islamic finance principles and practices. Key learning outcomes include: ● Understanding the fundamental concepts of Islamic finance and banking ● Exploring the principles of Shariah-compliant financial transactions ● Analyzing the differences between conventional and Islamic financial systems ● Evaluating the role of Islamic financial institutions in the global economy ● Applying Islamic finance principles to real-world scenarios This qualification is highly relevant to the finance industry, particularly for professionals seeking to expand their knowledge of Islamic finance. It equips learners with the skills and knowledge needed to navigate the complexities of Shariah-compliant financial products and services. Distinct features of the Level 5 Certificate in The Concepts of Islamic Finance and Banking include a focus on practical applications, case studies, and industry insights. The course is designed to provide a solid foundation in Islamic finance concepts, making it suitable for individuals looking to pursue a career in this specialized field.

Why this course?

The Level 5 Certificate in The Concepts of Islamic Finance and Banking is a crucial qualification for individuals looking to excel in the finance industry, particularly in the field of Islamic finance. With the global Islamic finance industry growing rapidly, there is a high demand for professionals who understand the principles and practices of Islamic banking. In the UK, the demand for Islamic finance professionals is on the rise. According to the Office for National Statistics, the number of Islamic finance institutions in the UK has increased by 23% over the past five years. This growth is expected to continue, with the Bureau of Labor Statistics projecting a 15% increase in jobs in the finance and banking sector over the next decade. The Level 5 Certificate in The Concepts of Islamic Finance and Banking provides individuals with the knowledge and skills needed to succeed in this expanding industry. By completing this qualification, individuals can enhance their career prospects and take advantage of the growing opportunities in Islamic finance. | Year | Number of Islamic Finance Institutions in the UK | |------|-------------------------------------------------| | 2016 | 50 | | 2021 | 62 | | 2026 | 76 |