Home Islam The Institute of Islamic Development Bank (IsDBI) Launches the 1st Online Arabic Language Course on Converting Conventional Banks to an Islamic Bank on the edX Platform

The Institute of Islamic Development Bank (IsDBI) Launches the 1st Online Arabic Language Course on Converting Conventional Banks to an Islamic Bank on the edX Platform

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The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) offers its first Arabic online course on introducing the concept of transforming conventional banks to operate in accordance with Islamic Sharia by presenting all the practical and applied aspects of the transformation process.

This course is the first of its kind designed for capacity building to combine theory and practice with creation and video lectures to transform conventional banking into operations under Islamic principles and Shariah compliance.

The course which is open to all interested professionals and specialists in Islamic finance from 15e August 2022, is only designed to provide participants with the statement of legal and regulatory requirements and their modification in light of the bank’s new Islamic identity, illegal activities and transactions, cancellation mechanisms and the transition of alternatives legitimate.

Divided into seven modules, the training program of the course clarifies how to prepare and develop the information system, the accounting system of the new bank, how to design and develop the Shariah governance system and train the human cadre working in the bank Islamic.

At the end of the course, participants will be able to determine the differences and understand the nature of activities and transactions between the conventional banking system and the Islamic banking system, in addition to the use of new alternative financing products and services. sharia law for conventional products to individuals and businesses.

This course is offered free of charge to promote Islamic banking and finance on IsDBI’s edX school portal (https://bit.ly/3bjMWo4).

Distributed by APO Group for the Islamic Development Bank Group (IsDB Group).

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