Islamic Finance
for ICAB Exams:
Masterclass
Connect the principles of Islamic finance to accounting, financial decisions and your ICAB exam preparation.
An exam-focused perspective.
More than definitions.
A connected understanding.
Islamic finance brings together principles, contracts, accounting and governance. Understanding how they connect can make a complex subject easier to approach.
This masterclass brings six connected topics into focus, from Riba, Gharar and Maysir to Shariah governance and past question discussion.
Six topics. One clear framework.
From first principles to past question discussion.
Foundations: Riba, Gharar, Maysir etc.
Start with the concepts that underpin Islamic finance.
Murabaha and Ijarah: how they work and how to account
Connect transaction structures with accounting treatment.
Mudaraba and Musharaka: profit and loss sharing
Understand the logic of shared returns and shared risk.
Sukuk and Takaful: structures, cost of finance and Shariah-compliant WACC
Bring financing instruments into the financial decision.
AAOIFI standards compared with IFRS, and the role of IFSB
Place the standards and regulatory framework in context.
Shariah governance, risks and equity screening, with past question discussion
Link governance and screening to exam-style discussion.
Build understanding. Apply it.
Three ways to make the six curriculum topics work together.
Recognise the principles
Identify Riba, Gharar and Maysir and relate them to the structure of a transaction.
Distinguish the structures
Compare sale, lease and partnership arrangements, with their accounting and financing implications.
Connect to exam questions
Bring standards, governance and equity screening into your past question preparation.
For the learner who wants the full picture.
An exam-focused masterclass for connecting Islamic finance concepts, rather than revising them in isolation.
MASTERCLASS SPEAKER
Md. Nazib Ullah FCA
Join Md. Nazib Ullah FCA for Islamic Finance for ICAB Exams: Masterclass, presented by Splendid Proficient Career.
Principles, contracts, accounting, standards and governance, with past question discussion.
Arrive with a curious mind.
A little preparation can help you connect the discussion to your own revision.
Revisit your notes
Look over your Islamic finance notes and the six topics in the curriculum.
Identify the gaps
Note the contracts, accounting treatments or standards you find hard to distinguish.
Review past questions
Consider where the concepts appear in past questions and what you want to understand better.
Your next step in exam preparation.
Join the Islamic finance masterclass online on Google Meet.
Register nowKnow before you join.
The essentials about the masterclass, its focus and the online session.
What does the masterclass cover?
Six topics spanning foundations, Islamic finance contracts, accounting, standards, Shariah governance and equity screening. The full curriculum is listed above.
Does it include past question discussion?
Yes. Past question discussion is included in the topic on Shariah governance, risks and equity screening.
Who is the speaker?
The masterclass speaker is Md. Nazib Ullah FCA, presented by Splendid Proficient Career.
When and where is the session?
16 October, Friday at 7.30 PM. The session takes place online on Google Meet.
