Introduction:
Islamic banking, Islamic finance , or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. The Certificate Program in Islamic Banking has been designed for candidates having education who want to be resourceful in the principles, concepts and practices of Islamic banking; who want to be conversant with essential aspects of the operations of Islamic banking which is the fast growing parallel banking system in Pakistan and worldwide; and obtain a well-integrated knowledge of Islamic banking ,Takaful Insurance, and Islamic finance which isessential for the career in Islamic banking, Takaful(Islamic Insurance) and Islamic Finance .
Unique Selling Propositions:
Islamic Banking is growing at fast pace in Pakistan . Recently SBP allows Commercial Banks to convert Conventional Banking branches as Islamic Banking branches up to 25% of the total branches. Islamic finance has grown tremendously since it first emerged in the 1970's. Current global Islamic financial assets and assets under management have reached USD2.88 trillion with annual growth of 14% asset December2019.There are over 1500 Islamic financial institutions worldwide across 80 countries. According to the Asian Banker Research Group, the world's 100 largest Islamic banks have set an average asset growth rate of 13%. The feature prospects are very bright. You learn the core principles and basic models of Islamic finance and establish a framework for understanding this financial system.
Who should Join: