Course Description
Achieve elite mastery in Islamic Finance and Shariah-compliant financial management through this globally benchmarked, high-impact masterclass by Step Sure Training & Research Institute (STRI). This intensive course delivers a robust framework for finance professionals, accountants, auditors, and business executives seeking advanced expertise in the fast-evolving Islamic finance sector.
Designed to develop strategic, technical, and operational fluency in Islamic financial practices, this training empowers participants with the tools to navigate Shariah-compliant investments, capital markets, and risk management. You will gain practical skills to structure Islamic financial transactions, implement financial reporting standards aligned with Islamic law, and lead with compliance in global and regional financial environments. Whether transitioning into Islamic finance or enhancing existing knowledge, this masterclass provides a comprehensive pathway to global career advancement in Islamic banking, investment, and microfinance.
Course Objectives
By the end of this strategic and skill-oriented masterclass, participants will:
- Attain in-depth mastery of the fundamental principles of Islamic finance, including the prohibitions against riba (interest), gharar (excessive uncertainty), and haram (non-permissible) practices.
- Acquire detailed knowledge of core Islamic financial products such as Murabaha, Mudarabah, Musharakah, Ijarah, and Sukuk.
- Learn to structure, assess, and implement Shariah-compliant financial transactions across diverse sectors.
- Understand Islamic financial risk management methodologies and their applications in real-world scenarios.
- Master Islamic financial reporting systems and accounting standards, ensuring full adherence to Shariah principles.
- Evaluate the strategic impact of Islamic finance on global markets and drive data-informed financial decisions.
- Engage in experiential learning with industry case studies, simulations, and expert-led exercises to apply Islamic finance in practical contexts.
Course Modules
Module 1: Introduction to Islamic Financial Management
- Foundations and ethical frameworks of Islamic finance
- Distinctions between Islamic and conventional finance systems
- Core prohibitions: Riba, Gharar, and Haram activities
Module 2: Key Islamic Financial Products
- Operational mechanics of Murabaha, Mudarabah, Musharakah, Ijarah, and Sukuk
- Structuring and pricing of Shariah-compliant contracts
- Practical implementation through industry case studies
Module 3: Islamic Banking and Financial Institutions
- Functional and strategic roles of Islamic banks
- Comparative evaluation of Islamic versus conventional banking
- Risk management approaches within Islamic finance institutions
Module 4: Islamic Investment and Capital Markets
- Strategic use of Sukuk for capital generation and project financing
- Portfolio management aligned with Islamic finance tenets
- Legal and compliance frameworks in Islamic capital markets
Module 5: Financial Management in Islamic Financial Institutions
- Financial reporting and accounting aligned with Islamic principles
- Unique accounting treatments for Islamic financial instruments
- Taxation and compliance within Islamic financial systems
Module 6: Managing Financial Risks in Islamic Finance
- Identification and management of credit, liquidity, market, and operational risks
- Islamic-compliant hedging and risk mitigation strategies
- Applied case studies for institutional risk response frameworks
Module 7: Advanced Islamic Financial Topics and Case Studies
- Adopting Islamic finance in new or transitioning markets
- Addressing complex financial transactions: currency translation, mergers, acquisitions
- Real-life global case analyses and best-practice applications
Module 8: Practical Applications and Industry Case Studies
- Interactive sector-specific simulations and hands-on workshops
- Group-based analysis and solution development for real business challenges
- Executive problem-solving focused on Islamic finance integration
Key Beneficiaries / Users
- Islamic banks, microfinance providers, and Shariah-compliant financial institutions
- Private equity, investment firms, and capital market entities offering Islamic finance products
- Multinational corporations and public sector bodies incorporating Islamic financial systems
- Regulatory authorities and compliance agencies managing Islamic finance governance
- Finance professionals pursuing Islamic finance credentials or institutional transitions
- Business leaders and entrepreneurs aiming to embed Islamic financial practices in operations
General Information
- Duration: 5-Day Intensive Masterclass
- Format: On-Site (Nairobi, Kampala, Kigali, Dar es Salaam) or Live Online
- Delivery: Led by seasoned global Islamic finance experts
- Certification: Internationally recognized Islamic Financial Management Certificate
- Learning Approach: Real-world case studies, group simulations, and interactive exercises
- Post-Training Support: Six-month expert mentorship for professional implementation
- Hospitality: Includes accommodation, meals, and refreshments for physical attendees
- Accessibility: Flexible, affordable pricing with corporate and group packages
Contacts
Email: info@stepsureresearchinstitute.org
Phone/WhatsApp: +254 723 482 495 | +254 757 155 287
Website: www.stepsureresearchinstitute.org