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Introduction to Shariah Governance

Develop the skills to align business practices with Islamic principles as you master the fundamentals of Shariah governance.

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Introduction to Shariah Governance

  • 3 weeks

  • 1 hour per week

  • Digital certificate when eligible

  • Introductory level

Find out more about how to join this course

Gain an understanding of corporate governance

On this three-week course, you’ll delve into the realm of corporate governance and how it intertwines with Shariah principles.

You’ll gain a solid introduction to corporate governance and its alignment with Islamic principles to help you gain practical insights, improve critical thinking, and be able to implement Shariah governance frameworks in various business scenarios.

Throughout the course, you’ll engage in practical applications through real-life case studies. With this knowledge, you’ll have a competitive advantage in the job market, particularly in sectors such as Islamic finance and ethical businesses.

Discover the principles of Shariah corporate governance

You’ll start by delving into the core principles of Shariah corporate governance and explore them from an Islamic worldview.

Next, you’ll gain the knowledge and skills to effectively apply Shariah governance principles in corporate settings. This will help you start to create ethical frameworks within business environments.

Foster sustainable business practices

To help you make informed decisions in a diverse global business landscape, you’ll conduct a comparative analysis of corporate governance from both conventional and Islamic perspectives.

In the final week of the course, you’ll delve into a real-world case study, applying Shariah governance principles to solve complex business challenges. This exercise will ensure you can apply the knowledge and skills you’ve gained on the course to real-world scenarios.

Learn from experts in Islamic finance

Throughout the course, you’ll be guided by a team of specialists in Islamic finance.

With their expertise, you’ll finish the course with a comprehensive understanding of Shariah governance in corporate contexts.

Syllabus

  • Week 1

    Introduction to Corporate Governance and Shariah Corporate Governance

    • Welcome to the Course

      Hi everyone! Welcome to the course on Introduction to Shariah Governance. Let's get started! But before that, just a brief introduction of the course educator.

    • The Islamic Financial Institutions

      Let's delve into the fundamental principles of corporate governance but also venture into the distinctive domain of Shariah Corporate Governance – a framework rooted in Islamic principles and values.

    • Corporate Governance

      Corporate governance is not an easy phrase to define and there is no ready-made definition for it. Let's understand what the meaning of it.

    • Shariah Corporate Governance

      Building on our previous exploration of corporate governance in the video, let's now embark on a captivating journey to unravel the intricacies of Shariah corporate governance.

    • The Models and Principles of Shariah Corporate Governance

      The Models and Principles of Shariah Corporate Governance delves into the core fabric that binds Islamic ethics with corporate oversight.

    • Discussion

      Discussion and Questions

    • Quiz

      Assess your comprehension of the Week 1 material.

    • Summary and Reflection

      A recap of what you have learned so far in week 1, and what will be discussed in Week 2.

  • Week 2

    Corporate Governance from Conventional and Islamic Perspective

    • Introduction

      This topic examines the differences and similarities between the conventional and Islamic viewpoints on governance.

    • Introduction to Corporate Governance

      Let's learn more about conventional corporate governance.

    • What is Conventional Corporate Governance?

      Let's watch the video to gain a deeper understanding of conventional corporate governance.

    • What are the Differences between Conventional and Shariah Corporate Governance?

      Let's look at the differences between Conventional and Shariah Corporate Governance.

    • Discussion

      Share your Insights on conventional and Shariah corporate governance.

    • Quiz

      Assess your comprehension of the Week 2 material.

    • Summary and Reflection

      The summary on corporate governance and Shariah corporate governance.

  • Week 3

    Case Study

    • Case Study: The Development of Corporate Governance of Islamic Banks in Malaysia.

      Embark on an illuminating journey into the dynamic world of Islamic finance as we delve into a captivating case study: "The Development of Corporate Governance of Islamic Banks in Malaysia."

    • Summary and Reflection

      Summary and reflection of week 3 of the course.

    • Course Assessment

      The course assessment for the three weeks covers a range of topics and concepts related to corporate governance and its application in conventional and Islamic financial contexts.

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...

  • Describe the concept of Shariah governance.
  • Explain the significance of Shariah governance in Islamic Financial Institutions (IFIs)
  • Explain the relationship between Shariah governance and corporate governance and their application in Islamic IFIs
  • Identify the differences between conventional and Shariah corporate governance
  • Apply the practice of Shariah governance using a case study.

Who is the course for?

This course is designed for anyone interested in the principles and application of Shariah governance in corporate settings.

You could be a professional in Islamic finance, a business executive, student or academic, ethical investor, business owner, or a professional in the legal and regulatory field.

Who will you learn with?

Prof. Dr. Aishath Muneeza currently serving as a Professor and Associate Dean for Students and Internationalization at INCEIF University in Malaysia.
CV: https://sedonaweb.com/members/aishathmuneeza/

Who developed the course?

INCEIF

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

Ways to learn

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Ways to learn

Choose the best way to learn for you!

Subscribe & save

$349.99 for one 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

$109/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 19 May 2024

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

Learning on FutureLearn

Your learning, your rules

  • 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

  • Experience the power of social learning, and get inspired by an international network of learners
  • Share ideas with your peers and course educators on every step of the course
  • Join the conversation by reading, @ing, liking, bookmarking, and replying to comments from others

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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