Certificate in Islamic Banking

This course consists of the following units:

Unit 1 – Introduction to Islamic Banking

Learn what Islamic banking is and how it operates under Sharia law, focusing on ethical, interest-free financial services.

Unit 2 – The Basics of Islamic Banking & Finance

Understand the core principles, values, and goals of Islamic finance, including risk-sharing and asset-backed transactions.

Unit 3 – Islamic Banking and Conventional Banking: The Difference

Explore the key differences between Islamic and conventional banking, such as the prohibition of interest and emphasis on ethical investment.

Unit 4 – Islamic Law of Contract

Study the rules of Islamic contracts and how they guide financial agreements, trade, and business relationships under Sharia.

Unit 5 – Islamic Financial Products

Gain knowledge of common Islamic finance products like Murabaha, Ijarah, and Mudarabah used in modern Islamic banking.

Unit 6 – Takaful

Discover how Takaful works as a Sharia-compliant alternative to insurance, based on mutual cooperation and shared responsibility.

Unit 7 – Islamic Business Ethics

Learn the ethical principles that govern Islamic finance, promoting honesty, transparency, and fairness in all business dealings.

Completing the Certificate in Islamic Banking equips learners with essential knowledge to pursue entry-level roles in the Islamic finance industry. Graduates may find opportunities as banking assistants, customer service officers, or administrative staff within Islamic banks and financial institutions. The certificate also supports career growth in Sharia-compliant insurance (Takaful), microfinance, and ethical investment firms. It is ideal for professionals seeking to transition into Islamic finance or enhance their understanding of ethical banking practices. This qualification also provides a solid foundation for further studies in Islamic banking, finance, or business ethics, opening doors to long-term career development.

This course has been accredited under ABC Awards Quality Licence Scheme by Brentwood Open Learning College Limited which has been approved as ABC Awards QLS centre to give formal recognition to courses. At the end of this course successful learners will be awarded a certificate of achievement by ABC Awards. The training courses have been designed specifically to meet the needs of learners who prefer to study from home. The course measurable learning outcomes have been benchmarked at Level 3 (using Ofqual's Qualification and Credit Framework (QCF) level descriptors) to allow you to consider the depth of study, difficulty, and level of achievement involved.

What are ABC Awards?

ABC Awards is a national awarding organisation that has years of experience in developing and awarding high quality vocational qualifications across a wide range of industries. They have a comprehensive portfolio of over 650 Ofqual regulated qualifications on the national Qualifications and Credit framework (QCF) for all ages and abilities post-14.