The Real Deal

"And Allah has permitted trade, but forbidden riba" [AlBaqarah: 275]

One of the most difficult and confusing issues to Muslims now a days are the matters pertaining to the rulings of buying and selling. With trade and commerce having expanded with such rapid force, many are searching for what Islam has to say about it all. Of recent, a surge in global Islamic finance and the renewed interest in Shariah business law - requires us to understand the basic principles upon which Islam bases its ruling.

In this course, you will be introduced to:

The fiqh of Commerce in Shariah
Transactions and their classifications
Forbidden contracts and their understanding
The correct understanding and application of Riba
Understand heylah and how to detect it
Understand how the element of uncertainity may affect the validity of a transaction
Principles of halal investment
Manners of a Muslim businessman
Comparisons between Western commercial law and Shariah business law
Discussion of tens of the most popular modern business transactions - everything from credit cards, road side assistance, pyramind schemes, ebay, unlimited downloads, no deposit lay-bys, cash back policies, modern Islamic mortgages and investments in bonds, stocks and metals,  laws on business and intellectual property, franchising..
Discussion of sample contracts from Islamic financial institutions
A preliminary study of how to Islamize large scale economic policies and ensure smooth transition to a riba free economy.

"I have never attended a more beneficial lecture. It just blew away my mind!" [Quote from a student]

These series of lectures are best sellers world wide. This particular course goes into much more detail than the lessons that may be available in the market under the title: "Halal and Haram of Business Transactions", so even if you have seen that DVD, you still need to attend this course to gain full and maximum benefit.

Who is this course for?

Every Muslim who wants to fear Allah and steer clear from falling into haram and riba.
Businessmen who want to learn about Islamic business policy and ettiquets.
Muslims who want to have a deep insight into understanding the goals and purposes of Shariah in business and trade.
Students of Law faculties trying to understand the basis of Islamic Commercial Law.
Finance professionals who would like more insight and clarification as to the Islamic logic behind many of its rulings.
New Muslims who want to understand their Deen.

What will you come out with at the end of the course?

A binder complete with notes on the details of the principles of Islamic commercial law.
Hundreds of examples on how the rules and regulations are applied practically.
Understand how the the Islamic commercial system is far superior and just than the current systems.
Practical understanding of the rulings of a large number of modern transactions.
Motivation to applying the rules towards deducing solutions to our current problems.

Course materials

When you sign up for a course, at the first session, you will be given a binder full of notes and important reading regarding the fiqh of Commerce 101. You will be able to take down notes directly in the folder - this will stay with you for your future reference. In addition, the online facility will have extra points for reading and analysis including sample tests to check your understanding.

Course particulars

Faculty: Fiqh
Type: Core topic
Credits: 3
Duration of Course: 18 hours which includes 4 instructor led sessions of 4 hours each + 2 hours of online tasks