{"id":16128,"date":"2024-07-05T05:28:11","date_gmt":"2024-07-05T05:28:11","guid":{"rendered":"https:\/\/www.ibsl.lk\/?post_type=lp_course&p=16128"},"modified":"2026-02-23T14:21:08","modified_gmt":"2026-02-23T08:51:08","slug":"diploma-in-islamic-banking","status":"publish","type":"lp_course","link":"https:\/\/www.ibsl.lk\/?lp_course=diploma-in-islamic-banking","title":{"rendered":"Diploma in<\/span> Islamic Banking"},"content":{"rendered":"
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Objectives<\/h3>\n<\/div>\n
1. Understand the rationale behind the development of the Islamic finance industry
\n2. Assess the nature and scope of the Islamic finance industry in relation to its conventional finance
\n3. To develop an appropriate level of understanding of the key principles of Islamic banking and finance
\n4. To acquire essential knowledge about the key Islamic financial instruments and contracts
\n5. Understand the primary tools for structuring Islamic financial transactions
\n6. to develop and appropriate level of understanding of the Islamic financial infrastructure,
\ninternational financial institutions and regulatory bodies<\/div>\n<\/div>\n<\/div>\n
<\/div>\n

 <\/p>\n

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Course Contents<\/strong><\/div>\n
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Module I: Understand the basic principles, values and ethical dimensions of Islamic Banking & Finance\u00a0<\/strong><\/p>\n

1.1. Understand the basic principles, values and ethical dimensions of Islamic Banking & Finance<\/p>\n

1.2. Understand the History, future outlook and international bodies of Islamic Banking & Finance<\/p>\n

Module II – Sharia Framework for Islamic Banking <\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><\/p>\n

2.1. Understand the framework of Sharia and its sources<\/p>\n

2.2. Know how to apply the conditions of Islamic commercial law for Islamic banking & finance products and services<\/p>\n

Module III – Islamic Banking Products and Services <\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><\/p>\n

Understand the basic structuring of Islamic Banking products<\/p>\n

3.1 Intermediary role by the Islamic Banks in an Economy<\/p>\n

3.2 Different Operational Structures of Islamic Banking<\/p>\n

3.3 Islamic modes of \u00a0Investment \/ Liability Product<\/p>\n

3.4 Islamic modes of\u00a0 Finance \/ Asset Product<\/p>\n

3.5 Current accounts in Islamic Banks<\/p>\n

3.6 Business Banking Operations in an Islamic Bank<\/p>\n

3.7 Trade Finance in Islamic banks<\/p>\n

3.8 Fee-Based Products<\/p>\n

3.9 Treasury Operations in an Islamic Bank<\/p>\n

Module IV – Takaful (Islamic Insurance) <\/strong>\u00a0<\/strong><\/p>\n

4.1. Understand the basic of conventional Insurance and Takaful and as how Takaful is\u00a0 different from Insurance<\/p>\n

4.2. Explain the different models of Takaful & issues faced by the sector<\/p>\n

Module V – Sukuk Market <\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/strong><\/p>\n

5.1. Understand as how the Islamic Bond (Sukuk) is structured and different types of Sukuk<\/p>\n

Module VI – Islamic Funds and Wealth Management <\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/strong><\/p>\n

6.1.Understand the basic requirements of capital market investors & different types of Islamic funds<\/p>\n

6.2. Know how to apply the Islamic Finance principles to white list the shares and monitoring\u00a0 the\u00a0 investments<\/p>\n

Module VII – Corporate Governance for Islamic Banks and Financial Institutions <\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/strong><\/p>\n

7.1. Understand the Corporate Governance framework for banks<\/p>\n

7.2. Understand why CG is vital for Islamic financial institutions (Banks, finance companies & Takaful operators)<\/p>\n

Module VIII – Accounting for Islamic Banks <\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/strong><\/p>\n

Understand the Accounting framework for Islamic Banks<\/p>\n

8.1\u00a0 Definition of Islamic Accounting<\/p>\n

8.2\u00a0 The key differences between conventional & Islamic accounting<\/p>\n

8.3\u00a0 Introduction to AAOIFI Financial Accounitng Standards (FAS)<\/p>\n

8.4\u00a0 Profit Distribution Methodology – Case Study<\/p>\n

8.5\u00a0 Accounting treatment for selected instruments in the locacl context<\/p>\n

Module IX – Credit & Risk Management in an Islamic Bank <\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><\/p>\n

Understand the need for Credit & Risk Management in an Islamic Banking Operation<\/p>\n

9.1\u00a0 Introduction to Credit & Risk Management<\/p>\n

9.2\u00a0 Credit Documentation for selective instruments<\/p>\n

9.3\u00a0 Different Types of Risks in a Bank<\/p>\n

9.4\u00a0 Inherent risk in Islamic banking instruments<\/p>\n

9.5\u00a0 Sharia Risk Profiling & Register<\/p>\n

9.6\u00a0 Islamic banking product related risks and mitigations<\/p>\n

9.7\u00a0 Non-Performing Advance (NPA) management in an Islamic Bank<\/p>\n

Module X – Regulatory Supervision, Sharia Governance and Audit <\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><\/p>\n

10.1. Understand the need for Regulatory Supervision for IFIsUnderstand the Shariah\u00a0 Compliance Risks<\/p>\n

10.2. Know the International Standard setting bodies for Islamic banks & financial institutions<\/p>\n

Module XI: Special Topics\u00a0 <\/strong>\u00a0<\/strong><\/p>\n

New Product Development: Market Need, Sharia Approval Process and Islamic Branding and\u00a0 Marketing<\/p>\n

Islamic Micro & SME Financing<\/p>\n

Islamic Social Financing<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Commencement<\/b><\/h5>\n

26 July 2026 (Sunday 8.30 am to 12.30 pm)
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