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 · Live 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
Do these programmes cover the Basel III final reforms and the ICAAP/ILAAP cycle?
Yes. The BIZENIUS banking curriculum is built around the Basel III endgame, ICAAP, ILAAP, IRRBB, IFRS 9 provisioning, stress testing and BCBS 239. Participants leave able to quantify the output floor on their own portfolios, write capital and liquidity documents that withstand supervisory review, and defend the numbers to their board.
Are the programmes adapted to regional supervisors such as SAMA, CBUAE or BCEAO?
Casework is built around supervisory documents rather than textbook theory, and faculty include former practitioners who have sat on both sides of an examination. Programmes address the questions SAMA, CBUAE, BCEAO and other home regulators actually put to the desk, and an in-house edition can be tailored to a single jurisdiction.
How do I secure a seat on a banking programme?
Apply for a seat or request the brochure from the programme page. A senior practitioner — not a sales team — responds within one business day, and the brochure arrives with that reply. BIZENIUS runs on enquiry: there is no online checkout.
Can a programme run in-house for our bank?
Every BIZENIUS programme can be delivered in-house, tailored to your balance sheet, your regulator and your data, in English or French. Many institutions start with an open cohort, then commission a private edition for the wider team.
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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
What the team mastered, the regulator wrote into the rulebook.
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The Capability Arc™
Fix it · Advisory
Advisory & Consultancy
A senior bench across risk, treasury and regulation.
Learning is one point on the Capability Arc. Many institutions pair this programme with the advisory engagement — and automate what the framework demands.
Teams from these institutions train with BIZENIUS
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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.