New Course in Islamic Banking

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Dr Jeff Wooller

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Jun 29, 2008, 2:28:19 PM6/29/08
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New IPFM Degree Course in conjunction with St Clements University,Lausanne, Switzerland

 

Islamic banking refers to a system of banking or banking activity that is consistent with Islamic law (Sharia) principles and guided by Islamic economics. In particular, Islamic law prohibits usury, iethe collection and payment of interest. In addition, Islamic law prohibits investing in businesses that are considered unlawful, such as businesses that sell alcohol or pork, or businesses that produce media such as gossip columns or pornography, which are contrary to Islamic values.

 

Micro-lending institutions founded by Muslims, notably Grameen Bank, use conventional lending practices and are popular in some Muslim nations, especially Bangladesh, but some do not consider them true Islamic banking. However, Muhammad Yunus, the founder of Grameen Bank and microfinance banking, and other supporters of microfinance, argue that the lack of collateral or excessive interest in micro-lending is consistent with Islamic principles.

 

IPFM is known for ground-breaking courses such as those for Personal Assistants also run in conjunction with SCU.

 

Here is a complete list of these popular courses.  The cost includes the study texts which are all taken from the www.amazon.co.uk list of best-selling texts.

Joint IPFM/St Clements University Degree Programs

Name of Course                                                                                        Cost in GBP

BSc(Hon) in Financial Management                                                               £1,950

BSc in Islamic Banking……………………………………….……………..£1,950

BSc(Hon) in Personal Administration                                                             £1,950

MBA in Financial Management                                                                      £2,650

MSc in Banking and Finance………………………………………….…….£2,650

DBA in Financial Management                                                                      £2,950

PhD in Financial Management                                                                       £3,650

For application forms and further information please email regi...@ipfmedu.co.uk

We attach the application form for Islamic Banking

16 SCU Islamic Banking.doc
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