Islamic finance has emerged as a key contributor to economic development, offering ethical and Shariah-compliant financial solutions that promote fairness, risk-sharing, and social responsibility. By avoiding interest (riba) and speculative activities, Islamic finance ensures equitable wealth distribution and fosters sustainable growth. In countries like the UAE, Islamic finance plays a pivotal role in driving innovation and supporting economic diversification.
This program explores the principles of Islamic finance and its impact on fostering economic development at both local and global levels.
Program Objectives:
• Understand the fundamental principles of Islamic finance and their relevance to economic development.
• Explore the role of Islamic financial institutions in promoting sustainable and inclusive growth.
• Learn about the key financial instruments, such as sukuk, murabaha, and musharaka, and their applications in development projects.
• Analyze the contribution of Islamic finance to poverty alleviation and financial inclusion.
• Study the role of regulatory frameworks in enhancing the effectiveness of Islamic finance.
• Examine case studies of successful development initiatives funded through Islamic finance.
• Understand the challenges facing Islamic finance in contributing to economic development and strategies to overcome them.
• Develop skills to design Shariah-compliant financial solutions that support development goals.
By participating in this program, attendees will gain a comprehensive understanding of how Islamic finance can be leveraged to drive economic growth, create opportunities, and promote sustainability in a rapidly evolving global economy.
