Although Islamic finance is a relatively small player in global terms, most analysts agree that it has been growing in the last decades at a rate of between 15% and 20% and shows no sign of reducing in the short to medium term. This continued growth has been supported by the actions of many governments around the world, including the UK, Germany, the USA, and Luxembourg, not to say Dubai and Malaysia, keen to see the development of this alternative financial system. 

Islamic finance is in some ways similar to the traditional financial system, yet it uses different mechanisms which in difficult financial times prove to be more viable in comparison to conventional banking. 

Take this short course to learn the fundamental differences between the conventional banking and Islamic finance and get acquainted with the most common modes of Islamic financing in more detail.

Shall you have more questions, the Waqf Fund, co-author of the course, will be happy to answer in the comments section. 

As all Udemy courses, Introduction to Islamic finance has also a 30-day no-questions refund policy, so you do not risk anything. After the completion of the course, students will receive Udemy certificate.

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April 2018. 

Added a lecture on Islamic bonds - Sukuk. Global airlines such as Emirates and Etihad, to name but a few, have already attracted investments in billions US dollars via sukuk in the recent years as the market of sukuk continues to grow.

Added the final test to check what you have learned during the course.