Islamic Finance: Products, Contracts & Structures
Every Islamic finance product is a classical contract solving a modern problem — understand the contract and the product explains itself.
Format
Classroom · Virtual
Upcoming sessions
Pick a session to applyADMISSIONS OPENThe programme
Islamic finance is now a multi-trillion-dollar industry, and its practitioners are too often trained on either pure jurisprudence or pure banking — rarely the join. This programme teaches the join: each core contract — murabaha, ijara, musharaka, mudaraba, salam, istisna, wakala — worked from its Sharia basis to its modern product form, with the structuring choices, risks and accounting treatment that follow. AAOIFI standards are used as the working reference throughout. Participants leave able to structure, review and explain the mainstream product set with confidence on both sides of the join.
What you will do
Who attends
Bankers moving into Islamic finance; product, credit and legal teams at Islamic windows and full Islamic banks; regulators and auditors covering Islamic institutions.
Programme agenda
Built for the decisions no textbook prepares you for
I.The foundations
- The prohibitions and their commercial logic: riba, gharar, maysir
- Contract theory: the classical nominate contracts as a toolkit
- The market today: institutions, standard-setters, geographies
II.The contracts as products
- Sale-based: murabaha, salam, istisna — structures and their risks
- Lease and partnership: ijara, musharaka, mudaraba, diminishing structures
- Agency and treasury: wakala, tawarruq and the liquidity toolkit
III.Making them work
- Structuring choices: ownership, risk transfer and where deals go wrong
- AAOIFI accounting treatment of the core products
- Documentation and the Sharia approval process in practice
Frequently asked
Which contracts does the Islamic finance programme cover?
The programme works through each core contract — murabaha, ijara, musharaka, mudaraba, salam, istisna and wakala — from its Sharia basis to its modern product form. Each is treated as a working product, with the structuring choices, risks and AAOIFI accounting treatment that follow, so participants leave able to structure, review and explain the mainstream product set.
Do I need a background in Islamic jurisprudence to attend?
No. The programme is built precisely for the join between jurisprudence and banking that most training misses: bankers moving into Islamic finance learn the contract logic, while product, credit and legal teams at Islamic windows and full Islamic banks deepen the banking side. Regulators and auditors covering Islamic institutions also attend.
Does the course provide Sharia-compliance rulings?
No — this is professional training, not sharia-compliance or legal advice. AAOIFI standards are used as the working reference throughout, and the programme covers documentation and the Sharia approval process in practice, but rulings on specific products remain the province of your institution’s own Sharia board.
Is the programme available in-house, and in which languages?
Yes. BIZENIUS delivers the programme in English and French, and in-house editions can be tailored to your institution’s product set. Sessions run on a rolling calendar with dates confirmed on request; fees and quotations are provided on enquiry.
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In their words
Knowledge transfer, emphasised throughout
“We worked with BIZENIUS for our Fresh Graduates Programme — they are simply amazing. Knowledge transfer and practical learning were emphasised throughout.”
Kuwait Investment Authority
From the Mandate Record
Mandate № 01 · Africa
The training programme that became national regulation
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The Capability Arc™
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Take the brochure with you.
One request — the full agenda, the faculty and the next cohort dates, sent personally by the admissions team.