Course overview
Islamic Banking & Finance Foundations 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.
Write your awesome label here.
Islamic Banking & Finance Foundations - Level 2
Design from Beginner to Advanced
Write your awesome label here.
Course introduction by Mufti Usama Ehsan
In this introductory video, Mufti Usama Ehsan (MBA, CSAA) provides an overview of the Islamic Banking & Finance Foundations – Level 2 programme and explains why this course is valuable for banking professionals, finance graduates, Shariah practitioners, auditors, and anyone interested in developing expertise in Islamic finance.
Write your awesome label here.
Course introduction by Abdullah Bin Taqueer
In this introductory video, Abdullah Bin Tauqeer, CSAA, introduces the Islamic Banking & Finance Foundations – Level 2 programme, explaining what participants can expect, who the course is designed for, and how it provides a strong foundation in the principles and operations of Islamic banking.
Join today
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
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
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
Day 2
Session 3
Advance Payment Sales in Islamic Banks
Topics Covered
- Financing by Salam
- Financing by Istisnāʿ
- Practical banking use-cases
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
Write your awesome label here.
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 LawCertified 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.
This course is conducted exclusively due to strong market demand for foundational Islamic banking knowledge.
Write your awesome label here.
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.
Write your awesome label here.
We are an online educational platform that helps professionals and aspiring individuals to succeed in their goals.
Copyright © 2026