Financial Analysis & Modeling | Islamic Banking
What you'll learn
- Forecasting Financial Statement
- Build valuation models from scratch
- Learn many important Finance functions in Microsoft Excel
- Knowledge of all the essential Excel formulas required for Financial Analysis
- Use MS Excel to create and automate the calculation of Financial ratios
- Microsoft Excel 2010, 2013, 2016, 2020, or Microsoft Excel 365
Islamic banking, also referred to as Islamic finance or Shariah-compliant finance, refers to financial activities that adhere to Islamic law Shariah. Two fundamental principles of Islamic banking are the sharing of profit and loss and the prohibition of the collection and payment of interest by lenders and investors. In Islamic banking, the banks do not collect interests from creditors. Instead, they earn money using equity participation systems and share profits and losses. Islamic finance is practiced in many Muslim countries and is extremely popular among Islamic communities, as some conventional banking practices might be against Shariah. Islamic finance is considered more ethical than conventional banking, as it believes that a bank and its clients should make profits and losses together. Hence, it does not just focus on maximizing the bank’s wealth. Also, Islamic finance practices consider the best interests of the Muslim community.
Islamic banking development can be attributed to some conventional banking theories and practices which go against and hurt the sentiments of the Muslim communities. Hence, Islamic finance was developed by inventing methods that are Sharia-compliant. Sharia is the Islamic law present in the Quran’s teachings. Creating practices that align with the Muslim culture and beliefs encourages many to take up banking. Islamic finance is so strictly followed that banks look to religious leaders and scholars for guidance. The main objective of Islamic banking and finance is that all society participants should create wealth and benefit. Usually, in conventional banking, some parties benefit at the expense of others. The Islamic banks are a clear exception to this.
In this course, we will learn Financial Modeling from Islamic Banking point of view.
Who this course is for:
- Financial Analysts/ Managers who want to expand on the current set of skills
- Graduates/Post Graduates/CA/CFA
- Business and finance practitioners who are eager to improve their Excel and Financial Modeling skills
EDUCBA is a leading global provider of skill based education addressing the needs of 1,000,000+ members across 70+ Countries. Our unique step-by-step, online learning model along with amazing 5000+ courses and 500+ Learning Paths prepared by top-notch professionals from the Industry help participants achieve their goals successfully. All our training programs are Job oriented skill based programs demanded by the Industry. At EDUCBA, it is a matter of pride for us to make job oriented hands-on courses available to anyone, any time and anywhere. Therefore we ensure that you can enroll 24 hours a day, seven days a week, 365 days a year. Learn at a time and place, and pace that is of your choice. Plan your study to suit your convenience and schedule.