All praise is due to the Almighty All praise is due to the Almighty Allah Blessings and Peace be upon Allah Blessings and Peace be upon

our Holy Messenger of Allah and our Holy Messenger of Allah and the Leader of the magnificent the Leader of the magnificent

honorable honorable

ISLAMIC FINANCIAL SYSTEMISLAMIC FINANCIAL SYSTEM

IN SEARCH OF RIBA FREE IN SEARCH OF RIBA FREE FINANCIAL SYSTEMFINANCIAL SYSTEM

All praise is due to the Almighty All praise is due to the Almighty Allah Blessings and Peace be upon Allah Blessings and Peace be upon

our Holy Messenger of Allah and the our Holy Messenger of Allah and the Leader of the magnificent honorableLeader of the magnificent honorable

Islamic Economic SystemIslamic Economic System

Islamic Economics and Finance vs. Islamic Economics and Finance vs. Capitalism and SocialismCapitalism and Socialism

The Concept of Wealth in IslamThe Concept of Wealth in Islam Objectives of Distribution of Wealth Objectives of Distribution of Wealth

in Islamin Islam Factors of Production in Islam and Factors of Production in Islam and

their compensationstheir compensations

Concept of Riba and Other Concept of Riba and Other Prohibited ActivitiesProhibited Activities

Riba Deification and TypesRiba Deification and Types Quran, Hadith, Quran, Hadith, Arguments against commercial Arguments against commercial

interestinterest Gharar, Qimar and GamblingGharar, Qimar and Gambling

Comparison of Islamic and Comparison of Islamic and Conventional BankingConventional Banking

Banking in IslamBanking in Islam Nature of Relationship between Two Nature of Relationship between Two

Banking SystemBanking System Customers and BankCustomers and Bank DocumentationDocumentation Concept of RiskConcept of Risk

Islamic Finance & Modes of Islamic Finance & Modes of FinancingFinancing

Loan & Financing Loan & Financing Profit, Interest & Mark-upProfit, Interest & Mark-up Investment & SavingInvestment & Saving

Islamic Financial ProductsIslamic Financial Products Morabaha (Trade Financing)Morabaha (Trade Financing) Introduction to MorabahaIntroduction to Morabaha Morabaha as a Financing ModeMorabaha as a Financing Mode Morabaha terminology and its variationMorabaha terminology and its variation Characteristics and essentials of Shariah compliant Characteristics and essentials of Shariah compliant

MorabahaMorabaha Practical steps for Morabaha transactionsPractical steps for Morabaha transactions Rebate in early payment, penalty on late paymentRebate in early payment, penalty on late payment Roll over of the transaction etc.Roll over of the transaction etc. Murabaha based financing and conventional bank lendingMurabaha based financing and conventional bank lending Risks for Islamic banks in Morabaha transactionsRisks for Islamic banks in Morabaha transactions Scope and application of MorabahaScope and application of Morabaha Overview of a Model Agreement of Morabaha and Case Overview of a Model Agreement of Morabaha and Case

StudyStudy

Musharakah

Terminology and Characteristics of Musharakah

Type and Basic Rules of Musharakah Termination of Musharakah Constructive liquidation 0of

Musharakah Security/collateral in Musharakah Profit/Loss Distribution Application of Musharakah as a mode Problems and Risks for banks in

Musharakah Financing

ModarabaModaraba

History & BackgroundHistory & Background Modaraba definedModaraba defined Modaraba CapitalModaraba Capital Profit/Loss distributionProfit/Loss distribution Unrestricted and Restricted Morabaha Unrestricted and Restricted Morabaha Difference between Modaraba and Difference between Modaraba and

MusharakahMusharakah Termination of ModarabaTermination of Modaraba