20 academic hours The Basis of Islamic finance course

• Islamic finance: Why Islamic?
• Basic prohibitions
• Islamic Finance Myths
• Islamic finance Industry
• Trading Rules
• Murabaha
• Islamic leasing – Ijara
• Islamic deposits
• Partnership
• Islamic Mortgage (Murabaha, Ijara, Musharaka)
• Islamic cards
• Tawarruq (commodity murabaha)
• Islamic Insurance - Takaful
• Islamic Securities – Sukuk
• Islamic capital market
• Shariah compliance and audit
• Management of Islamic Financial Institutions
• Islamic Social Finance (Waqf, Zakat)
• Islamic investment funds
• Islamic Corporate Governance

40 academic hours Islamic finance course

• The Basis of Islamic Banking and Finance
• An Introduction to Islamic Banking and Finance
• Islamic Principles of Transactions
• Basic Contracts and Their Treatment
• Financial Contracts and Techniques Applied by Islamic Banks
• Islamic Asset Management and Socially Responsible Investing (SRI)
• Sukuk Market
• Islamic Insurance – Takaful
• Islamic Corporate Governance

60 academic hours Shariah and Governance standards courses  

Shariah Standards:

• Trading in Currencies
• Debit Card, Charge Card and Credit Card
• Default in Payment by a Debtor
• Settlement of Debt by Set-Off
• Guarantees
• Conversion of a Conventional Bank to an Islamic Bank
• Hawala
• Murabaha to the Purchase Orderer
• Ijarah and Ijarah Muntahia Bittamleek  
• Salam and Parallel Salam
• Istisna’a and Parallel Istisna’a
• Sharika (Musharaka) and Modern Corporations
• Mudaraba
• Documentary Credit
• Jua’la
• Commercial Papers
• Investment Sukuk
• Possession (Qabd)
• Loan (Qard)
• Commodities in Organised Markets  
• Financial Papers (Shares and Bonds) )
• Concession Contracts
• Agency
• Syndicated Financing
• Combination of Contracts
• Islamic Insurance
• Indices
• Banking Services
• Stipulations and Ethics of Fatwa in the Institutional Framework
• Monetization (Tawarruq)
• Controls on Gharar in Financial Transactions  
• Arbitration
• Waqf
• Hiring of Persons
• Zakah
• Impact of Contingent Incidents on Commitments  
• Credit Agreement
• Online Financial Dealings
• Mortgage and its Contemporary Applications
• Distribution of Profit in Mudarabah-based Investments Accounts
• Islamic Reinsurance
• Disposal of Rights
• Bankruptcy
• Liquidity Management
• Capital Protection (in Investment Products)
• Investment Agency
• Stipulations on Income and Profit (in Financial Transactions)
• Options in Legal Contracts

Governance Standards:

• Sharia Supervisory Board: Appointment, Composition, and Report
• Sharia Review
• Internal Sharia Review
• Audit and Governance Committee for Islamic Financial Institutions