Course in Understanding Fundamentals of Benevolent Loans in Islamic Finance

Overview

Understanding Fundamentals of Benevolent Loans in Islamic Finance" course will teach you the principles of qard, including its relevance, ethics, and applications for financial inclusion. It will give you in-depth knowledge of Qard, an important Islamic financial concept that encourages benign lending without the expectation of profit. This course is aimed to provide professionals with a full grasp of Qard's legal and financial foundations, as well as practical insights into its uses in modern finance.

Course Objectives

By the end of this course, participants will:

• Principles and concepts of qard and its significance in addressing societal needs
• Impact of qard on societies, including its contributions to poverty alleviation, community development, financial inclusion, and ethical financial practices

• Explore real-world applications of Qard in various sectors, including banking, microfinance, and charity.
• Develop the ability to implement Qard-based financial solutions in personal and professional settings.
• Gain insight into Islamic financial structures that promote risk-sharing, fairness, and community welfare.

Course Outline

The course is divided into five key modules, designed to progressively build participants' knowledge and skills:

• Module 1: Introduction to Islamic Finance Principles
  Overview of key Islamic finance concepts, Shariah compliance, and risk-sharing models.
• Module 2: Understanding Qard and its Ethical Foundation
  In-depth analysis of Qard and how it contrasts with interest-based lending. Ethical implications of interest-free loans.
• Module 3: Legal Frameworks for Qard
  Examination of the legal structures surrounding Qard, including key contracts and conditions required under Shariah law.
• Module 4: Practical Applications of Qard in Modern Finance
  Case studies of Qard in banking, microfinance, and corporate finance. How institutions incorporate benevolent loans to support community and development projects.
• Module 5: Challenges and Opportunities for Qard-Based Lending
  Prospects of Qard in Islamic finance. Addressing common challenges and exploring how Qard can become a mainstream financing tool.

Target Group

This course is ideal for:

• Financial professionals working in Islamic banking, microfinance, or charity organizations.
• Academics, students, and researchers in Islamic finance.
• Entrepreneurs and business owners looking to implement Shariah-compliant financial models.
• Individuals interested in ethical finance, social justice, and community development.

Course Cost

The course is available at two price points:

• 5-Day Intensive Course: €3700
• 10-Day Comprehensive Program: €6500
  These costs cover all materials, access to case studies, and interaction with experienced Islamic finance professionals.

This course is available on different dates upon request to accommodate participants' schedules. You can register for the program on dates that best suit your availability.

Organizers

The Geneva Institute of Business Management organizes this course with its European partners.