Course details

The ijarah and its application course gives a detailed explanation on the many aspects of Ijarah; covering its principles, legal foundations, and more specifically, how it is applied in the current Islamic banking practice. The course makes use of cases that utilise sample contracts and scenarios to further explain to participants the concept of ijarah.

Learning Outcomes

On successful completion of this course, participants will be able to:

  • Explain the background of traditional leasing and list the types of leasing that exist
  • Review the history of Islamic banking and the current Islamic banking and finance landscape
  • Discuss the key principles of Islamic banking, referencing the sources of Shariah, and then specifically relating it with Islamic leasing
  • Describe the essential rules of Islamic leasing and explain how Islamic leasing is applied to the modern products of Islamic banking
  • Identify and evaluate the key differences between Islamic leasing and traditional leasing
  • Explain the key points of AAOIFI Shariah standards No. 9 and FAS No. 8 on Ijarah and apply the latter in solving accounting related questions

Target Audience

This course is for any inpidual who would like to gain a more in-depth understanding in the specific contract of Ijarah and how it is applied in the current Islamic banking products. More specifically, it is for inpiduals who deal directly with Ijarah based products or those working in Islamic leasing companies.

Entry Requirements

Introduction to Islamic Banking and Finance ? PART 1 600E

Updated on 08 November, 2015

About Bahrain Institute for Banking & Finance

We_They plays a vital role in the training and development of human capital in the Kingdom of Bahrain. Our commitment to excellence has strengthened our position as the top provider of quality education across all major business disciplines. We serve as a partner to numerous world-class institutions; delivering thought leadership, research and advisory, assessment and training in the areas of Accounting and Finance, Academic, Executive Development, Banking, Leadership and Management, Insurance, Islamic Finance and Information Technology; resulting in a complete business solution.

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We_They continues to exceed global benchmarks for many of the qualifications it offers with its affiliates.

Since its inception in 1981, We_They has grown from training 450 applicants a year primarily within the banking industry, to 20,000 drawing participants from all sectors of the economy, and are proud to have qualified over 200,000 learners in the last 3 decades.

Our faculty comprise of market practitioners, academics and qualified senior industry professionals. Their perse backgrounds ensure an enriched participant experience, striking the perfect balance between theory and practice.

We_They has made its mark internationally with clients in Asia, Africa, Europe, USA and the Middle East, well on its way to becoming the global institute of choice.

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