Certified Islamic Retail Banking Specialist: study modules
Personal and car finance, home leasing, accounts, cards and takaful, in three short modules
Introductory · 3 hours · 9 lessons · Language: English and Arabic · ID: IFS-COU-0023
These three short modules prepare you for the Certified Islamic Retail Banking Specialist exam. They explain how retail murabahah and tawarruq work step by step, how ijarah and ijarah muntahia bittamleek finance homes and cars, and how accounts, cards, prize promotions, takaful and zakah on accounts are treated, so that you can answer customers' questions with confidence.
Each module has a friendly reading with a worked example, slides, study notes and a short practice quiz. It suits branch, sales, cards and customer service staff.
This is independent ifSPACE study material written in its own words. It is not affiliated with AAOIFI and it is not a fatwa.
What you will learn
- Explain the steps and controls of retail murabahah and tawarruq
- Apply the basic rules of ijarah and ijarah muntahia bittamleek to home and car finance
- Answer common customer questions on accounts, cards, prizes, takaful and zakah on accounts
Syllabus
1.Personal and car finance by sale: murabahah and tawarruq
- How retail murabahah and tawarruq work, step by step20 min
- Module 1 presentation15 min
- Module 1 practice quiz10 min
2.Home and car leasing: ijarah and ijarah muntahia bittamleek
- Leasing, lease ending in ownership and service financing20 min
- Module 2 presentation15 min
- Module 2 practice quiz10 min
3.Accounts, cards, takaful and customer questions
- Banking services, cards, prizes, takaful and zakah on accounts20 min
- Module 3 presentation15 min
- Module 3 practice quiz10 min