A Highly Interactive Training Course On

Sharia Compliance in Business Transactions: Key Considerations

Ensuring Ethical Integrity and Compliance in Islamic Financial Dealings

Sharia Compliance in Business Transactions: Key Considerations
Course Schedule

ONLINE

26-30 May 2025
Online
$3,950
01-05 Sep 2025
Online
$3,950
22-26 Dec 2025
Online
$3,950
Certificate
  • Coventry Academy e-Certificate for delegates who attend and complete the online training course

Training Overview

Training Overview

Sharia compliance in business transactions is a fundamental aspect of Islamic finance, ensuring that all activities align with the ethical and moral principles outlined by Islamic law. This Sharia Compliance in Business Transactions: Key Considerations online training course provides a comprehensive exploration of Sharia-compliant business practices, focusing on the prohibition of Riba (interest), Gharar (excessive uncertainty), and Maysir (gambling). Participants will gain essential knowledge on how to structure, execute, and assess transactions in line with Sharia principles. Through practical examples and case studies, the course connects theory with practice, empowering attendees with the expertise to ensure compliance and address challenges in an evolving financial environment.

What are the goals?

By the end of this online training course, participants will be able to: 

 

  • Understand the foundational principles of Sharia in business transactions
  • Identify prohibited elements in financial dealings and their implications
  • Learn how to structure Sharia-compliant contracts and agreements
  • Develop skills to assess compliance and mitigate risks in transactions
  • Explore global best practices and standards for Sharia compliance

Who is this Training Course for?

This online training course is suitable to a wide range of professionals but will greatly benefit:

 

  • Professionals in Islamic finance and banking
  • Legal advisors and compliance officers
  • Entrepreneurs and business leaders
  • Risk management and audit professionals
  • Regulators and Sharia scholars

How will this Training Course be Presented?

This Anderson online training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.

The Course Content

Day One: Foundations of Leadership in Islamic Finance – Ethical Leadership Principles in Sharia Contexts
  • Overview of Islamic finance and Sharia principles
  • Core values of leadership in Islamic finance: Integrity, trust, and justice
  • The role of ethics in building credibility and trust
  • Historical examples of Islamic leadership and their relevance today
Day Two: Sharia-Compliant Contracts and Agreements – Structuring Financial Transactions Within Islamic Law
  • Essential elements of valid Sharia contracts
  • Common types of Sharia-compliant contracts (Murabaha, Ijarah, Salam, Istisna, etc.)
  • Conditions for lawful trade and commerce
  • Practical examples of Sharia-compliant agreements
Day Three: Identifying and Mitigating Non-Compliance Risks – Addressing Ethical Challenges in Transactions
  • Common violations in business transactions and their consequences
  • Strategies for mitigating risks of non-compliance
  • Tools for monitoring and ensuring compliance in financial dealings
  • Case studies of successful and unsuccessful Sharia-compliant transactions
Day Four: Regulatory and Governance Frameworks – Aligning Transactions with Sharia Standards
  • Role of AAOIFI, IFSB, and other Sharia compliance standards
  • Sharia governance and its impact on business practices
  • Role of Sharia boards in transaction oversight
  • Navigating international regulations and standards in Islamic finance
Day Five: Practical Applications and Future Trends – Innovating Within Sharia Principles
  • Designing innovative Sharia-compliant financial products
  • Exploring the role of technology in Sharia compliance
  • Future challenges and opportunities in Sharia-compliant business transactions
  • Interactive workshop: Structuring and reviewing Sharia-compliant contracts