Islamic Banking and Finance

Islamic Banking and Finance is designed to help Muslims navigate modern financial systems while staying true to their religious principles. Money should serve your values rather than control your life, yet many face the daily struggle of needing banking services while avoiding interest and unlawful practices.

This course cuts through the confusion by examining the foundations of ethical finance, exploring the prohibition of ribā, and discovering legitimate, practical alternatives that work in today's world.

Taught by Shaykh Abdulwahid Stephenson, the course focuses on taking complex Islamic concepts in jurisprudence and making them accessible to everyday students seeking financial clarity.

Students will learn:

• The definition and types of ribā and its prohibition in Islam

• The impact of ribā on individuals, society, and the economy

• Practical alternatives to ribā-based financial systems

• How to navigate modern banking systems and financial practices while avoiding ribā

• The ethical and legal implications of ribā in the context of Islamic jurisprudence

An essential course for anyone dealing with money in today's complex world who wants to make financial decisions that honour their faith.