An Introduction to Islamic Finance

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Certificate

Paid

Language

Level

Intermediate

Access

Free

Last updated on April 23, 2026 9:58 pm

This finance course examines the differences between secular and Islamic finance and explains how Muslims ethically bank, invest and buy insurance in the UK.

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Have you ever wondered how an Islamic finance structure works or how it differs from conventional finance? Explore the fundamentals of Islamic finance and the moral, social and legal aspects of business and commercial transactions. We will show you the idea of Islamic insurance and its various products and the practical applications of Islamic finance with a particular focus on its scope in the UK financial market.

What You Will Learn In This Free Course

  • Describe the fundamentals of Islamic…
  • List the features of Islamic finance…
  • Outline the ethics and principles of…
  • Discuss the primary form of an Islam…
  • Describe the fundamentals of Islamic finance and the Islamic economic model
  • List the features of Islamic finance
  • Outline the ethics and principles of Islamic finance
  • Discuss the primary form of an Islamic investment fund and various Islamic finance structures
  • Distinguish between various forms of financial risk
  • Define ?Takaful? (Islamic insurance)
  • Analyse different types of Takaful products available in the
  • Islamic finance market
  • Evaluate the concept of profit-loss sharing in the Islamic finance market
  • Compare the Islamic and conventional finance systems
  • Explain the regulatory development of Islamic finance in the UK
  • The Islamic Financial System

    This module will introduce you to the fundamentals and ethical principles of Islamic finance. Learners will gain knowledge of Islamic investment funds and the types and management of different risks faced in Islamic finance. We will show you the concept of Islamic insurance and the applications of Islamic finance in the financial market.

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      An Introduction to Islamic Finance
      An Introduction to Islamic Finance
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