Introduction To Islamic Banking and Finance BUY NOW




3 learning hours








Meeting Client Needs



Author: Islamic Development Bank



General practitioners working in banks, corporates, or financial institutions in functions such as relationship management, credit and compliance, but with an interest in trade finance.

Course Objectives

On completion of the course you will have developed a good foundational understanding of the core principles, the various norms and prohibitions that govern activities and contracts in the Islamic financial system, the differences between the Islamic financial system and the conventional system, as well as the basic modes of Islamic finance.  The case study will provide you with “real-life” situations and allow you to apply the content and knowledge you have acquired during this course.

Please note this course is recommended as additional learning for students taking the Global Trade Certificate (GTC), however it is not included as part of the GTC  and must be purchased separately.

Course Outline Image

Course Outline

Module 1 General Overview

Module 2 Ethics in the Financial System

Module 3 Islamic Financial System Part 1

Module 4 Islamic Financial System Part 2

Module 5 Case Study

Module 6 Assessment


Islamic Development Bank

Dr. Khalifa M. Ali Hassanain
Senior Economist, Islamic Research and Training Institute (IRTI), Islamic Development Bank
Dr. Khalifa M. Ali Hassanain holds and master’s and Ph.D. degrees in economics/monetary economics and financial markets from Iowa state University, USA where he taught economics. Dr. Khalifa developed a complete curriculum for a graduate degree in Islamic finance for IRTI. Prior to joining IRTI, his professional experiences included working for the banking control department of the Central Bank of Sudan, as a lecturer in Iowa State University and as an Associate Professor in the Department of Economics, UAE University. His publications have appeared in journals such as the South Journal of Economics, Empirical Economics and Review of Middle East Economics and Finance.

Dr. Rami Abdelkafi
Senior Research Economist, Islamic Research and Training Institute (IRTI), Islamic Development Bank
Dr. Rami Abdelkafi joined the Islamic Development Bank (IsDB) in August 2008 and has accumulated an important experience in the field of economic development.


In addition to his research role, Rami is also the acting manager of the training division. Prior to this, Rami worked as Assistant Professor at the University of Sfax in Tunisia. He earned a doctorate in economics from the University of Nice, France, in 2002. His areas of expertise are economic growth and development, Islamic economics and finance and macroeconomic policies.

Mohamed Abdeltawab
Learning Program Specialist, Islamic Research and Training Institute (IRTI), Islamic Development Bank
Mohamed Abdeltawab holds a CIPD level 5 learning and development diploma from UK, Human Resources Professional diploma from the Egyptian Banking Institute and training diploma from the American Society for Training and Development, USA. He got trained and certified on Train the Trainer (TTT), Mastery Instructional Designer, Human Performance Management (HPI) at ATD – USA. And Project Management in Credit Suisse Bank – Zurich. Prior to joining IRTI, Mohamed worked as a Head of Training and senior trainer at Qatar National Bank QNB, Egypt. Mohamed is currently studying for a PhD from UPM Education Studies School, Malaysia. In addition, he completed his master’s degree in Islamic Finance Practice from INCEIF, The Global University of Islamic Finance in Malaysia.


This eLearning course includes a self-assessment tool to help you recap what you have learned and embed your new knowledge. There is no final examination for this course as this is not a certificate.

If you wish to continue learning about trade finance our Global Trade Certificate provides a comprehensive introduction to the essentials.

What is an ICC Academy online course?

ICC Academy courses are delivered via our Learning Management System (LMS) using innovative tools for combining digital learning with industry-centric community discussions.

Our courses are available for purchase individually or as pre-designed packages (ie: Certificates) and are delivered exclusively online. They include videos, animations, case studies, and a self-assessment section and are available to take at any time—anywhere in the world.