Diploma In Islamic Finance And Banking

Diploma in Islamic Finance and Banking is offered by Taqua. Taqua provides comprehensive Islamic religious education and Islamic courses for the Ummah society. We believe in values of sincerity, integrity and quality. We promote peace and harmony in this world. 

Course Curriculum:

• Semester 1 (3 months)
• Study Modules:
• Islamic Economics
• Islamic Financial System
• Islamic Financial Markets: Shari' and Tabi' Principles
• 'Iwad and lawful profits in Islam
• Riba and Interest
• Riba, Al-Bay' and Risks (Ghorm)
• Islam and Time Value of Money 
• Money and Law of Depreciation
• Trading and Partnership
• Trade and Sadeqah
• Risk-sharing Financing
• Al-Gharar and Risky Sales
• Understanding Risk and Uncertainty in Islam
• Islamic Investment Horizon
• Rational Investment Behavior
• Semester 2 (3 months)
• Study Modules:
• Al-Bai-bithaman Ajil Financing
• Al-Bai-Bithaman Ajil and risks of ownership (daman milkiyah)
• Bay' Salam Financing
• Islamic Hire-Purchase
• Bay' al-'Inah Overdraft
• Al-Ijarah Thumma Al-Bai' - Car Financing
• Al-Ijarah and Leverage Leasing
• Islamic Financing
• Al-Rahn Islamic Pawn Broking
• Salam and Istisna Financing
• Musyarakah Mutanaqisah Home Financing
• Semester 3 (3 months)
• Study Modules:
• Attractive Mudarabah deposits
• Hibah and Demand Deposits
• Al-Qardhu Hasan and Demand Deposits
• Equity Financing for Islamic Business
• Islamic Venture Capital
• Mudarabah Financing and Human Capital
• Mudarabah Investment Fund
• Monitoring System in Mudarabah
• Human Risk in Mudarabah Business
• Al-Bai-Bithaman Ajil and Business Cycle
• Islamic Banking and Interest Rate Votality
• Islamic Banking  and Economic Development
• Islam and Cooperatives
• Semester 4 (3 months)
• Study Modules:
• Islamic Capital Market
• Islamic Stock Market Index
• Ethics and Stock Market
• Purification Process
• Islamic Bonds
• Islam and Risk Management
• Concept of Islamic Insurance
• Islam and Life Insurance
• Islamic Law of Inheritance (Fara'id)
• Islamic Unit Trust
• Islamic banking and credit risk
• Currency trading in Islam