
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
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Visit programme websiteProgramme Structure
Courses include:
- Overview of Islamic Economics & Microfinance System
- The Microfinance Contracts & Transaction Agreements
- Managing Islamic Microfinancing
- Risk Management in Islamic Microfinance Institutions
- Regulatory, Governance and Sharia Compliance Framework for Islamic Microfinance
- Financial and Social Performance Management
Check out the full curriculum
Visit programme websiteKey information
Duration
- Part-time
- 6 months
- Flexible
Start dates & application deadlines
- StartingApplication deadline not specified.
- StartingApplication deadline not specified.
Early Bird
- For September start - by Jul. 15
- For March start - by Jan. 15
Language
Credits
Delivered
Campus Location
- Frankfurt am Main, Germany
Disciplines
Finance International Development Islamic Studies View 16 other Short Courses in Finance in GermanyExplore more key information
Visit programme websiteWhat students do after studying
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Other requirements
General requirements
This course is targeted towards microfinance and development professionals who are working in areas such as microfinance, Islamic microfinance, and end-user finance, or towards participants who want to explore Islamic microfinance. This includes staff from the following organisations, at either the operational level or the management level:
- Faith-based NGOs and non faith-based NGOs
- Islamic microfinance institutions
- Microfinance institutions
- Retail banks interested in downscaling
- Social/impact investors
- Banking training institutes
Other interested parties are of course also welcome to register for the course, such as:
- Auditors
- Consultants
- Central bankers
- Staff members of apex institutions
- Students (preferably with a banking/finance background)
Operational experience from the conventional microfinance sector or the Islamic finance sector is not necessary but is considered as an asset.
Make sure you meet all requirements
Visit programme websiteTuition Fee
-
International
900 EUR/fullTuition FeeBased on the tuition of 900 EUR for the full programme during 6 months. -
EU/EEA
900 EUR/fullTuition FeeBased on the tuition of 900 EUR for the full programme during 6 months.
- Early Bird Fee: EUR 700 (by July 15)