[GET] Financial Modeling | Islamic Banking Modeling

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Financial Modeling | Islamic Banking Modeling
Learn Financial Modeling as per Shariah-compliant Islamic Banking or Islamic Finance
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325 students
4.5 hours on-demand video
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Islamic banking, also referred to as Islamic finance or Shariah-compliant finance, refers to financial activities that adhere to Islamic law Shariah. Two fundamental principles of Islamic banking are the sharing of profit and loss and the prohibition of the collection and payment of interest by lenders and investors. In Islamic banking, the banks do not collect interests from creditors. Instead, they earn money using equity participation systems and share profits and losses. Islamic finance is practiced in many Muslim countries and is extremely popular among Islamic communities, as some conventional banking practices might be against Shariah. Islamic finance is considered more ethical than conventional banking, as it believes that a bank and its clients should make profits and losses together. Hence, it does not just focus on maximizing the bank’s wealth. Also, Islamic finance practices consider the best interests of the Muslim community.

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Financial Analysis and Modeling | Islamic Banking
Learn Financial Modeling as per Shariah-compliant Islamic Banking or Islamic Finance
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2,522 students
4.5 hours on-demand video
1 downloadable resource

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