Historical Development of Islamic Banking

The best way to gain a deeper understanding of the Islamic banking and finance sector is to study its history. Though considered a relative newcomer as far as the western world is concerned, the principles of Islamic banking date back thousands of years. By learning how, when and why its most important founding principles were introduced, Islamic banking becomes an even more fascinating subject. Right now, demand for skilled Islamic bankers and financial workers on a global basis is higher than at any point in history. Which in turn means that those with the skills, knowledge and confidence to succeed in Islamic banking enjoy limitless career prospects.

This advanced tutorial has been designed for current and prospective Islamic financial workers alike. Explore the rich history of the sector, including various manifestations of the Islamic financial industry and how Islamic banks and institutions work in mixed environments. Additional topics covered include Islamic insurance companies, international Islamic financial institutions, the accounting and auditing organisation for Islamic banks and businesses, general council for Islamic banks (CIBAFI) and more.