Courses will offer knowledge in Islamic financial products and services
Two new courses are set to begin at the University of Bedfordshire next month, which will recognise the increasing demand for Islamic financial products and services.
The Master of Science (MSc) in Islamic Banking and Finance and the Master of Laws (LLM) in Islamic Commercial Law guide students through the principles of Islamic finance and the theory of Islamic commercial practice which is based on Shari'a Law
According to these principles, Islamic financial products prohibit the charging of interest and investment in alcohol, pork, pornography or gambling.
There are currently 500 financial institutions offering Islamic finance in more than 80 countries.