Course overview

Islamic Banking & FinanceFoundations Level 2

Building upon the foundations established in Level 1 of Islamic FINANCE & BANKING, this level gives a deeper view to the participants into the practical operations of Islamic banking institutions. The program explores how Islamic banks structure their products, facilitate trade finance transactions, implement Sharīʿah governance frameworks, and maintain compliance with international standards.
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Islamic Banking & Finance Foundations Level 2

Bridging Sharīʿah Theory with Modern Islamic Banking Operations

Designed for students of Sharīʿah, Islamic finance professionals, bankers, auditors, and aspiring Sharīʿah advisors, this course combines theoretical understanding with practical industry applications and real-world case studies.

Formate

Live
Classes

Pre-Requisite 

Level 1 Recommended

Duration

6 Hours

Guest Speakers

One

Quiz

Self-Assessment

Certificate of completion

Yes

Islamic Banking & Finance Course Schedule
Advanced Level Course

Course Schedule & Curriculum

Mon, 27 Jul – Thu, 30 Jul 2026
8:00 PM – 10:00 PM UAE (GMT +4)
4 Days (Includes Isha Break)

Day 1 — Monday, 27th July 2026

Session 1 • 8:00 PM

Review of Level 1

Reviewing prohibited transactions, core architectural disparities, and practical parameters of foundational structures.

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Session 2 • 9:00 PM

Islamic Bank Accounts & Investment

Analyzing consumer accounts setup alongside strategic processing operations for standard investment pools.

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Day 2 — Tuesday, 28th July 2026

Session 3 • 8:00 PM

Advance Payment Sales

Navigating forward financing mechanics through modern corporate deployment applications of Salam and Istisnāʿ.

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Session 4 • 9:00 PM

Trade Finance Matrix

Deconstructing global market logistics structures including Letters of Credit and Kafalah integration.

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Day 3 — Wednesday, 29th July 2026

Session 5 • 8:00 PM

Banking Services & Consumer Products

Reviewing daily transactional features, payment pathways, and systemic compliance setups for consumer card portfolios.

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Guest Scholar Session • 9:00 PM

Shariah Compliance Challenges

An interactive breakdown focusing directly on market application mistakes, operational hurdles, and career guidance.

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Day 4 — Thursday, 30th July 2026

Session 7 • 8:00 PM

Shariah Governance & Practice

Analyzing supervisory dynamics, formal compliance reporting procedures, tracking frameworks, and penalty accounts execution.

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Session 8 • 9:00 PM

Shariah Audit & Career Frameworks

Examining international standard systems (AAOIFI, IFSB) alongside high-yield professional development opportunities.

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learning outcomes

Why This Course Is Important Today

By the end of this course, participants will gain a comprehensive understanding of how Islamic financial institutions structure and operate deposit and investment products, along with the practical application of key financing modes such as Salam and Istisnāʿ. The course will equip learners with insights into Islamic trade finance instruments and their operational processes, while also highlighting key Sharīʿah compliance risks and implementation challenges faced by institutions. Participants will develop a clear understanding of Sharīʿah governance frameworks, including the role of Sharīʿah boards, audit, and internal review mechanisms. Additionally, the course will enhance awareness of leading international Islamic finance standards and institutions, while guiding learners toward relevant professional certifications and career opportunities within the rapidly growing Islamic finance industry.


Day 1

Session 1

Review of Level 1 

Topics Covered
  • Prohibited Transactions in Shariah
  • Islamic Banks vs Conventional Banks
  • Review of Murabaha, Ijarah, Diminishing Musharakah, Tawarruq, Mudaraba, and Wakalah-bil-Istithmar
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Session 2

Islamic Bank Accounts and Investment in Islamic Banks

Topics Covered

  • Types of accounts in Islamic banks:

    • Current accounts

    • Savings accounts

    • Investment accounts

  • Nature of returns in Islamic banking

  • Investment Pools

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Day 2

Session 3

Advance Payment Sales in Islamic Banks

Topics Covered
  • Financing by Salam
  • Financing by Istisnāʿ
  • Practical banking use-cases
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Session 4

Trade Finance in Islamic Banks

Topics Covered
  • Letters of credit (documentary credits)
  • Bank guarantees (Kafalah)
  • Documents Collection

Students of Sharīʿah and Islamic Studies

Ideal for students who want to connect classical Sharīʿah knowledge with modern Islamic banking practices. Builds a strong foundation for academic growth and future specialization in Islamic finance.

Islamic Banking & Finance Professionals

Designed for professionals working in Islamic banks or transitioning into the industry. Enhances understanding of products, operations, and Sharīʿah governance for improved performance and career growth.

Compliance, Audit & Risk Personnel

Perfect for compliance officers, auditors, and risk professionals. Strengthens their ability to identify Sharīʿah risks, improve controls, and support effective governance and internal review processes.

Accounting & Finance Professionals

Useful for accountants and finance professionals dealing with Islamic institutions. Provides clarity on financial structures, reporting practices, and the unique features of Sharīʿah-compliant products.

Aspiring Professionals & General Learners

Suitable for anyone aiming to enter Islamic finance or gain practical knowledge. Offers clear insights into modern banking operations, products, and real-world industry practices.
Sample certificate

Certificate of Completion

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A certificate will be awarded on the same day upon completion of the course. The certificate shown here is for sample only.

Abdullah bin Tauqeer

MS Islamic Commercial Law
Certified Shari'ah Auditor and Advisor (AAOIFI)
Certified Islamic Banker (CIBAFI)

Abdullah Bin Tauqeer is a skilled and engaging instructor known for his clear, structured teaching style and his ability to simplify complex Shari’ah and Islamic finance concepts. He has delivered training across multiple subjects, including Shari’ah Law, Shari’ah Principles, and Islamic jurisprudence, earning recognition for his practical, beginner-friendly approach. Abdullah has taught learners in both Arabic and English, making his sessions accessible to a wide range of participants. In addition to teaching, Abdullah also serves as an active Shari’ah Consultant, providing guidance and consultancy services.

This course is conducted exclusively due to strong market demand for foundational Islamic banking knowledge.
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Mufti Usama Ehsan

MBA, CSAA, Member Shariah Board Bank Alfalah, Funding Souq, Safwa Advisory

Mufti Usama Ehsan is an Islamic finance and Shariah governance professional with nearly a decade of experience in Islamic banking, Shariah compliance, product development, and digital Islamic finance. He currently serves as a Member of the Shariah Board at Bank Alfalah Islamic, Pakistan. And he is a Partner at Safwa Advisory. He also serves on the Shariah Boards of several financial and corporate institutions.
His academic credentials combine traditional Islamic scholarship with modern professional qualifications. He holds Shahadat-ul-Alamiyyah and Takhassus fi’l-Ifta from Jamia Darul Uloom Karachi, the Certified Shariah Adviser and Auditor (CSAA) certification from AAOIFI, and an MBA from the Karachi School of Business and Leadership (KSBL).
Mufti Usama is actively engaged in Islamic finance education, professional training, and industry capacity building. He regularly conducts training programs, public seminars, and international outreach initiatives aimed at promoting a deeper understanding of Islamic banking, Shariah governance, and Shariah-compliant financial solutions.

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