Fundamentals of Islamic Banking Operation Institute of Banking Studies
Price: TBA
  • Duration: 14 Hours

Course details

Objectives:

  • Introduction of Islamic investment instruments and comparing formulas and other commercial financing.
  • Identify sales departments and types in the Islamic economic thought.
  • Codifying the basic underpinnings of the most important Islamic investment methods.
  • Acquisition of practical skills needed to implement the methods and formulas of finance and investment.
  • Identify key parameters for the construction of the Islamic investment tools.

Contents:

  • The economic and financial system of thought in Islam.
  • Islamic financial system, money and transactions.
  • Originated and the development of Islamic banking and the nature of its work.
  • Sources of funds in Islamic banks.
  • Compatible funding formulas with Islamic law "uses of funds".
  • Obstacles and challenges facing Islamic banks and the future of banking.
Updated on 08 November, 2015

About Institute of Banking Studies

The Central Bank of Jordan began in 1965 to study the necessary means of setting up a team for theoretical and practical training aimed at promoting human cadres of the banking and financial sector and study its employees needs and satisfy their desires to advance their scientific and practical abilities . These efforts culminated in the creation of the Institute of Banking Studies in accordance with Article (37) Paragraph (d) of the Central Bank of Jordan Law and in accordance with the Institute,s Articles of Association No. (69) issued on 1970. The Institute   was   officially   inaugurated on   October 9, 1971 and was housed then at the Central Bank,s premises.

In the early 1990,s , the  Institute  witnessed a new stage ; the construction of the Institute,s permanent   headquarter   in  Tla,a  Al  Ali ,  a suburb of the capital  Amman . The complex was constructed on an eight dunums plot of land and comprised of administration units, academic and training activities halls, library, laboratories, cafeteria, health clinic and a multipurpose hall. Also , the Institute has two branches, one in Irbid and the other in Aqaba.  The purpose of  these  branches is to widen the distribution of academic and training activities conducted  by the Institute to cover the various regions of the Kingdom.

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