Islamic Finance - (Every Tue from 1st March | 5 Weeks | 7:30PM)

Schedule

Tue Mar 01 2022 at 07:30 pm to 09:30 pm

Location

Guidance Hub | Manchester, EN

Islamic Finance - (Every Tue from 1st March | 5 Weeks | 7:30PM)
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5 week course taking place once a week on Tuesdays, this course is open to both males and females.
About this Event

The Prophet said “The honest merchant will be risen with the martyrs on the Day of Judgement”.

Financial dealings are an essential aspect of human life. We are all involved in financial transactions on a daily basis; buying and selling, taking up employment, hiring and leasing, etc.

However, do we know the Islamic regulations and ethics relating to these types of dealings? Are we following the commands of Allah in this aspect of our lives? We all know that unlawful income, which is earned by flouting Islamic regulations, is a sin and has severe spiritual implications from supplications not being accepted to the Anger of Allah Almighty.

This imperative unit comprehensively break down these regulation and rulings for you in an engaging manner. It covers everything you need to know in order to fulfil your responsibilities in financial matters and provides you with a firm basis in the foundational principles, rulings and etiquettes of Islamic Finance.


Unit Aims:

Understanding the underlying principles that govern Islamic financial transactions.

Understanding how to ensure financial transactions are valid and lawful.

Learning about different types of contracts and transactions and their rulings.

Differentiating between the principles of Islamic Commercial Law and those of modern financial systems.


What will I learn?

You will learn about:

The goals of Islamic Jurisprudence and Commercial Law.

The foundational principles of financial transactions.

The core elements of a valid contract.

The 3 types of financial contracts and their implications.

The different types of options in a contract.

Specific contracts such as currency exchange, advance payment and manufacturing contracts and trust sales.

The rulings of employment, hiring and leasing.


What will I achieve?

By the end of this unit, you should be able to:

Explain the principles that ensure that Islamic financial transactions are fair, ethical and protect the wealth of the contracting parties.

State the elements that are required in a financial contract in order for it to be valid.

Describe the factors that render a contract irregular or void.

Explain the different types of options that may exist in a contract and their effects.

Ensure any contracts you undertake in buying and selling are lawful according to the Sacred Law.

Understand how to conduct a number of different specific contracts.

Apply the rulings of employment, hiring and leasing.


1st March 2022 – 29th March 2022

  • Open to all
  • Ages 14+
  • From £20
  • Full course material included
  • Limited places
  • Taught by experienced instructors
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Where is it happening?

Guidance Hub, 389 Waterloo Road, Manchester, United Kingdom

Event Location & Nearby Stays:

Tickets

GBP 20.00 to GBP 40.00

Guidance Hub

Host or Publisher Guidance Hub

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