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Components of Shariah and the Objectives of Wealth

Understand the principles of Shariah law in relation to wealth, and explore their applications in modern finance and economics.

Components of Shariah and the Objectives of Wealth

  • 4 weeks

  • 1 hour per week

  • Digital certificate when eligible

  • Introductory level

Find out more about how to join this course

  • Duration

    4 weeks
  • Weekly study

    1 hour
  • 100% online

    How it works
  • Unlimited subscription

    $244.99 for one whole yearLearn more

Gain a deeper understanding of Islamic finance with the INCEIF

Shariah Law contains several fundamental principles in relation to the accumulation and management of wealth.

In this four-week course from INCEIF University, you’ll gain a comprehensive overview of Shariah Law in the context of finance and economics. You’ll explore the ethical and religious framework of Islamic finance, and reflect on its significance for your own financial goals.

Master core principles of Shariah Law, including riba and gharar

The course will begin with an overview of the key components of Shariah Law and their relevance for economics and finance.

You’ll learn more about the concepts of riba and gharar, and their applications in the modern Islamic economic system worldwide.

Explore the ethical framework of Islamic finance

You’ll also examine the broader ethical objectives at the heart of Islamic finance. You’ll consider the implications of Shariah Law for social justice, economic stability, and ethical conduct in financial transactions.

You’ll finish the course with the knowledge you need to apply the principles of Shariah Law in your own life, work, and finances.

Syllabus

  • Week 1

    Shariah: Components and Features

    • Welcome to the Course

      We are delighted to welcome you to this 4-week, insightful, and enriching course, 'Components of Shariah and the Objectives of Wealth'.

    • Introduction to Shariah

      You will learn briefly about the term "shariah."

    • Key components of Shariah

      You will learn about the key components of shariah.

    • Salient Features of Shariah

      You will learn about the salient features of shariah.

    • Key Takeaways

      Let's delve into the primary insights encapsulated in the key takeaways from this week.

  • Week 2

    Shariah: Objectives of Ease and Achieving Balance

    • Shariah and the objectives of Ease

      You will learn briefly about shariah and the objectives of ease.

    • Shariah and Achieving Balance

      You will learn about shariah and achieving balance.

    • Key Takeaways

      Let's delve into the primary insights encapsulated in the key takeaways from this week.

  • Week 3

    Shariah and its Objectives

    • Shariah and its Objectives

      You will learn about shariah and its objectives.

    • Ibn Ashur's Levels of Objectives

      You will learn about Ibn Ashur's Levels of Objectives.

    • Key Takeaways

      Let's delve into the primary insights encapsulated in the key takeaways from this week.

  • Week 4

    Five Essentials and Five Objectives of Wealth

    • The Five Essentials

      You will learn about the five essentials in shariah.

    • Five Objectives of Wealth

      You will learn about the five objectives of wealth in shariah.

    • Key Takeaways

      Let's delve into the primary insights encapsulated in the key takeaways from this week.

    • What's Next?

      Congratulations, you have completed watching the 9 videos. Next, in order to obtain the certificate of completion, you are required to take the course assessment. Details of the course assessment are provided in the next page.

    • Course Evaluation

      We want your feedback.

When would you like to start?

Start straight away and join a global classroom of learners. If the course hasn’t started yet you’ll see the future date listed below.

  • Available now

Learning on this course

On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.

What will you achieve?

By the end of the course, you‘ll be able to...

  • Identify the key components of shariah law
  • Describe the salient features of shariah
  • Explain the concept of the Five Essentials.
  • Describe Ibn Ashur's categories of the Maqasid al Shariah (objectives of Islamic law) and how they relate to the five maqasid of wealth in Islam

Who is the course for?

This course is designed for anyone interested in understanding the principles of Shariah Law in relation to wealth.

This may include Muslims who want to deepen their understanding of Islamic law, or those from other faiths interested in learning more about Islamic principles and their applications in finance and economics.

Who will you learn with?

I am an Associate Professor of Islamic Finance at INCEIF University, specialising in Islamic Law and its Principles (Usul ul Fiqh and Contract Law), Social Finance, Fintech and Islamic Capital Market.

Who developed the course?

INCEIF

INCEIF is considered to be the knowledge leader in Islamic finance through providing excellent teaching, research and thought leadership.

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Ways to learn

Choose the best way to learn for you!

Subscribe & save

$244.99 for one whole year

Automatically renews

Develop skills to further your career

  • Access to this course
  • Access to 1,000+ courses
  • Learn at your own pace
  • Discuss your learning in comments
  • Tests to boost your learning
  • Digital certificate when you're eligible

Cancel for free anytime

Buy this course

$134/one-off payment

Fulfill your current learning need

  • Access to this course
  • Learn at your own pace
  • Discuss your learning in comments
  • Tests to boost your learning
  • Printed and digital certificate when you’re eligible

Limited access

Free

Sample the course materials

  • Access expires 22 Mar 2024

Find out more about certificates, Unlimited or buying a course (Upgrades)

Sale price available until 4 March 2024 at 23:59 (UTC). T&Cs apply.

Find out more about certificates, Unlimited or buying a course (Upgrades)

Sale price available until 4 March 2024 at 23:59 (UTC). T&Cs apply.

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  • Courses are split into weeks, activities, and steps to help you keep track of your learning
  • Learn through a mix of bite-sized videos, long- and short-form articles, audio, and practical activities
  • Stay motivated by using the Progress page to keep track of your step completion and assessment scores

Join a global classroom

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Map your progress

  • As you work through the course, use notifications and the Progress page to guide your learning
  • Whenever you’re ready, mark each step as complete, you’re in control
  • Complete 90% of course steps and all of the assessments to earn your certificate

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