Introduction to Islamic Economics and Finance
What you'll learn
- Understand the main principles and terms of Islamic finance
- Compare and contrast between Conventional (western) and Islamic finance
- Be able to distinguish between various Islamic financial products
- Learn the volume and figures of Islamic financial market
- Learn the history of Islamic finance
- No prior knowledge is required
Although Islamic finance is a relatively small player in global terms, most analysts agree that it has been growing in the last decades at a rate of between 15% and 20% and shows no sign of reducing in the short to medium term. This continued growth has been supported by the actions of many governments around the world, including the UK, Germany, the USA, and Luxembourg, not to say Dubai and Malaysia, keen to see the development of this alternative financial system.
Islamic finance is in some ways similar to the traditional financial system, yet it uses different mechanisms which in difficult financial times prove to be more viable in comparison to conventional banking.
Take this short course to learn the fundamental differences between the conventional banking and Islamic finance and get acquainted with the most common modes of Islamic financing in more detail.
Shall you have more questions, the Waqf Fund, co-author of the course, will be happy to answer in the comments section.
As all Udemy courses, Introduction to Islamic finance has also a 30-day no-questions refund policy, so you do not risk anything. After the completion of the course, students will receive Udemy certificate.
Added a lecture on Islamic bonds - Sukuk. Global airlines such as Emirates and Etihad, to name but a few, have already attracted investments in billions US dollars via sukuk in the recent years as the market of sukuk continues to grow.
Added the final test to check what you have learned during the course.
Who this course is for:
- Students interested in understanding the difference between conventional (traditional) and Islamic banking
- Anyone who is interested in how the global financial system is functioning
I'm an MA graduate with degrees in International Relations and World Economy. Learning foreign languages, travelling and working in cosmopolitan environments has always been indispensable part of my life.
My work experience includes working on challenging projects for government and private sector (security products, banking, investment) across 5 continents, including Africa, Middle East, South-East Asia and Americas, and internship at the UN Office and WTO in Geneva, Switzerland.
I'm totally passionate about psychology, craftsmanship, motivation, personal finance and languages - I speak English, Russian, French, Turkish and a little Arabic, I also started learning Hungarian a while ago:). I'm keen on reading, sports, football, and playing the guitar.
I'm always eager to enhance and learn new skills and strive for new knowledge.
In my courses I try to combine basic theoretical knowledge with practical examples, and deliver them in reasonably short yet powerful, ready-to-implement lectures.
We are a non commercial charitable organization based in Russia. One of our aims is to promote educational and social development in Muslim communities by providing educational courses on various topics. Our specialization include Islamic finance, economics, Islamic law, history, design among others. Despite their Islamic flavour, our courses will be interesting for all those who are interested in Islamic culture and civilization.