The Islamic finance industry has witnessed unprecedented growth in the last two decades, during which it has become firmly integrated into the global financial system. With total assets approaching $3 trillion, its projected annual growth is expected to reach 10%. After the onset of the Global Financial Crisis in 2008, the resilience of the Islamic financial system attracted great interest across the global investment community. That resilience and the subsequent expansion of the sector are primarily attributed to the ethical and asset backed system that underpins the Islamic business model.
GOLCER Islamic Banking and Finance Summer School, in collaboration with Timberlake Consultants, presents an innovative and versatile programme which has been designed for those seeking to embark upon, or are currently enrolled in, postgraduate research in Islamic finance. It offers an opportunity for researchers and practitioners to better inform themselves about the tools and procedures necessary to undertake research in this area.
Participants are introduced to theoretical and empirical aspects underlying Islamic banking; and comparisons are drawn with conventional banking and financial systems. The contemporary practice of Islamic banking and its impact upon efficiency, risk-taking, capital markets and regulation are discussed. Great emphasis is placed upon hands-on exercises and case studies that allow participants to fully understand each learning point. This is achieved by a series of EViews/Stata Lab sessions. All participants receive a certificate of attendance.
What you will learn
- The jurisprudential and theoretical foundations of Islamic Banking and Finance.
- The regulatory framework of Islamic banking and finance.
- The tools required in modern statistical analysis of Islamic economic and financial indicators.
- Islamic financial products and their structure.
- Conventional banking: Friend or Foe? Analysis of benefits and threats to Islamic banking.
- How to present, interpret and analyse information based on financial and banking data.
- How applied research in Islamic finance is undertaken and also to appreciate the use of econometric modelling.
- Current issues facing Islamic banking and financial sector.
Certificate of attendance
Lancaster University Management School
Lancaster , United Kingdom