Certified Expert in Islamic Microfinance Frankfurt School of Finance and Management

Overview

Key facts

In the growing area of Islamic microfinance, a diverse skillset is required. Professionals have to be knowledgeable in traditional retail banking, in the ethics of Islamic finance and in the relevant compliance and regulation issues. 

This e-learning Certified Expert in Islamic Microfinance course from  Frankfurt School of Finance and Management was jointly developed by a team of experts from the Frankfurt School of Finance and Management, Islamic Relief Worldwide, and the Humanitarian Academy for Development.

This combination of expertise provides you with the opportunity to have a rich learning experience based on the broad knowledge of diverse, highly qualified professionals.

The development of the "Certified Expert in Islamic Microfinance" was co-funded with UK aid from the UK government.

Course Objectives

In this course you will learn the principles of Islamic finance and the major financing mechanisms and products within Islamic microfinance. The course will enable you to develop a thorough understanding of the risk landscape and risk mitigation strategies. Furthermore, regulatory, governance and Sharia compliance frameworks for Islamic microfinance will be discussed and analysed.

Having been co-developed by Frankfurt School and the Islamic Relief Academy, this course provides a rich learning experience based on the expertise from a top-ranked business school, combined with the expertise from a renowned provider of Islamic microfinance.

By the end of this course students will be able to:

• Understand the principles of Islamic finance and recognise the distinctness of some of the major financing mechanisms and products used in the Islamic microfinance sector

• Apply/Demonstrate the ability to carry out client appraisals

• Apply/Demonstrate the ability to analyse microfinancial performance information and employ the necessary tools

• Recognise the areas and issues critical for risk management

• Explain the key parameters for Regulatory, Governance and Sharia Compliance Frameworks for Islamic Microfinance