Learning Outcomes

Overview of Fraud

Banking Frauds and Fraud Prevention

Fraud Detection and Evidence

Lesson Summary

In this module, you will be introduced to fraud, and its types, and learn about banking frauds and types of scammers, you will explore the various fraud prevention methods. Discover fraud detection methods and how to gather and use fraud evidence.

Fraud Response Plan

Fraud Investigations

Fraud Laws and Legislation

In this module, you will learn the components of the fraud response plan, and you will gain insight into fraud investigations, including strategy and prediction. Explore the types of bribery and the reasons why people engage in it as well as its consequences and the legal landscape surrounding fraud.

Fraud Detection and Prevention - Course Assessment

Learn how to use financial management and auditing procedures to detect and prevent fraud in this free online course.

Fraud Detection and Prevention

In today's rapidly evolving world, fraud has become an ever-present threat that permeates every sector of society. From financial institutions to organisations of all sizes, fraud poses a significant risk and costs billions of pounds annually. This fraud prevention course equips you with the knowledge and skills needed to combat fraud. We focus on the various facets of fraud and explain how to implement preventative and detection measures.

Course Overview

Introduction with Almir Colan

What is Islamic Finance?

What is Sharia?

Islamic Perspective on Wealth

Historical Context of Modern Islamic Finance and Banking

In this module, you will be introduced to Islamic finance and banking and learn about the growth and potential for Islamic finance.

Sources of Islamic Law

Actions in Islam

Contract and Business Transactions

Common Elements of a Contract

Types of Transactions

Ownership Categories

Classifications of Contracts

Contract Conditions

In this module, you will learn about aspects of Islamic law and contracts such as types of transactions, ownership categories, and common elements of a contract.

Prohibitions of Interest (Riba)

Prohibitions of Risk (Gharar)

Islamic Insurance (Takaful)

Difference between Islamic and Conventional Banks

Modes of Islamic Financing: Debt or Equity Based

Equity Partnership, Joint Venture (Musharaka)

Investment Partnership (Mudaraba) & Banking

Leasing (Ijarah) & Leasing vs Sale

Cost Plus Sale (Murabahah)

Choosing an Islamic Product

Housing Finance

This module will teach you about modes of finance including prohibitions of interest and risk, conventional vs Islamic banks, and key Islamic finance products.

Role of Independent Sharia Boards

Global Regulatory Environment

Law, Sharia & Business

Next Steps and Options

Feedback and Close

In this module, you will learn about the role of the independent Sharia boards, the global regulatory environment, and hear an overall summary of the benefits of Islamic finance.

Global Islamic Finance and Banking: Course Assessment

Gain an understanding of the Islamic finance and banking industry as well as Sharia law, with this online course.

Global Islamic Finance and Banking

This free online Islamic Finance course will familiarise you with the principles and frameworks of Islamic banking. Islamic banking is a form of non-interest banking based on the principles of Sharia law and ethics designed to foster a healthy society. Islamic banking is one of the fastest-growing segments within the finance sector, start this free online course today to learn about the fascinating world of Islamic finance.

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