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The Islamic Banking Fundamentals program offers a comprehensive experience that enables participants to understand the core principles of Islamic banking in the Kingdom of Saudi Arabia. The program highlights the key differences between conventional and Islamic banking, explores Islamic financing methods and modern banking products, and emphasizes the role of Sharia governance and internal oversight.
Amid the growing role of Islamic finance and the increasing demands for Sharia and regulatory compliance, there is a clear need to develop a solid understanding of the fundamental concepts governing this vital sector. This program provides a structured knowledge framework that supports professionals and interested individuals in the financial field in forming a clear perspective on the nature of Islamic banking, its foundations, and its role in supporting financial and economic activity, in line with the specific characteristics of the Islamic banking environment in the Kingdom of Saudi Arabia.
Banking
Capital Market
Insurance
Financing
Islamic Finance
Not Exist
Digital Training
Introduction
Objectives
Nature of the Banking Sector in the Kingdom of Saudi Arabia
Banking Products and Services in the Kingdom
Regulatory Framework for the Banking Services Sector
Activity
Summary
Assessment
Introduction
Objectives
Islamic Banking Sector
Islamic Banking in the Kingdom of Saudi Arabia
Transformation of Conventional Banks Toward Islamic Banking
Islamic Windows Operations
Supporting Institutions for the Islamic Banking Industry
Activity
Summary
Assessment
Introduction
Objectives
Islamic Finance
Musharakah (Partnership)
Mudarabah (Profit-Sharing Investment)
Murabaha and Murabaha to the Purchase Orderer
Ijarah (Islamic Leasing)
Istisna'a (Manufacturing Contract)
Tawarruq (Commodity Murabaha)
Qard Hasan (Benevolent Loan)
Activity
Summary
Assessment
Introduction
Objectives
Nature of Islamic Banking Products and Services
Bank Accounts in Islamic Banks
Retail Banking Products and Services
Corporate Banking Products and Services
Treasury and Investment Products and Services
Other Islamic Banking Services
Islamic Sukuk and Securitization Transactions
Syndicated Banking Finance
Financial Derivatives
Activity
Summary
Assessment
Introduction
Objectives
Nature of Governance in Financial Institutions
Shariah Governance in Islamic Banks
Shariah Committee in Islamic Banks and Windows
Principles of Shariah Fatwa in Islamic Banks
Islamic Banking Product Development Process
Activity
Summary
Assessment
Introduction
Objectives
Shariah Compliance
Shariah Audit
Internal Shariah Audit in Islamic Banks
Relationship of Internal Shariah Audit with Regulatory Authorities
Shariah Audit and Shariah Governance Standards
Shariah Internal Control in Risk Mitigation
Impact of Technology on the Shariah Audit Process
Activity
Summary
Assessment
Unit One: Structure of the Banking System in the Kingdom of Saudi Arabia
8
0
0
Unit Two: Nature of the Islamic Banking Sector
10
0
0
0
0
Unit Three: Islamic Financing Modes (Contracts & Structures)
13
0
0
0
0
0
0
0
0
Unit Four: Islamic Banking Products and Services
14
0
0
0
0
0
Unit Five: Shariah Governance in Islamic Banks and Windows
10
0
0
0
Unit Six: Internal Shariah Control (Compliance & Audit)
12
0
0
0
0
Identifying the Banking System in the Kingdom of Saudi Arabia.
Familiarity with the Nature of the Islamic Banking Sector.
Understanding Islamic Financing Modes.
Identifying Islamic banking products and services.
Enhancing Knowledge of Shariah Governance in Islamic Banks and Windows.
Strengthening concepts of internal Sharia oversight.
