Course Outlook
Week 1
Principles of Islamic Finance
Discover the core principles that define Islamic Finance. This session will introduce concepts like interest (riba), risk-sharing, and the ethical foundations that distinguish Islamic financial systems from conventional ones. Perfect for those curious about how faith and finance intersect.
Week 2
Student Loans
Navigating student loans in a way that aligns with Islamic principles can be challenging. This session breaks down the discussions surrounding this topic with experts that have meticulously examined the current state of student financing in the UK.
Week 3
Zakat
Learn the essentials of Zakat, the third pillar of Islam, in this session. We will explain how to calculate your Zakat, who it should benefit, and why itâs a critical tool for reducing inequality and poverty within the Muslim community and beyond.
Week 4
Car Financing
Learn how to finance a car without compromising your values. This session will guide you through Shari'ah-compliant options for car purchases, breaking down the widely-available financing options such as PCP, HP and why âinterest-freeâ is not necessarily Halal, ensuring you make informed, ethical choices.
Week 5
Home Financing
Owning a home in a halal way is a priority for many. In this session, weâll examine Islamic mortgage alternatives, including diminishing musharakah and ijara models, and discuss how they differ from conventional interest-based mortgages.
Week 6
Guide to Halal Investing
Interested in growing your wealth in an ethical way? This session will offer a practical guide to halal investing, covering Shari'ah-compliant stocks, mutual funds, and real estate. Weâll also look at how to avoid Haram investments while building a strong financial portfolio.
Week 7
Waqf
Waqf, or charitable endowment, plays a vital role in the Muslim community throughout our history. This session will explore how waqf can be used to fund public welfare projects, support education, and provide long-term sustainability for charitable causes, all in line with Islamic principles.
Week 8
Crypto
Is cryptocurrency Halal? This session delves into the complexities of digital currencies such as Bitcoin from an Islamic perspective. Weâll explore whether these new forms of wealth fit within the framework of Islamic finance, addressing both the risks and potential benefits.
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Shaykh Dr. Sajid Ahmed Umar
Chair, Panel of Scholars IFA