Learn Financial Modeling as per Shariah-compliant Islamic Banking or Islamic Finance
What you'll learn
Forecasting Financial Statement
Build valuation models from scratch
Learn many important Finance functions in Microsoft Excel
Knowledge of all the essential Excel formulas required for Financial Analysis
Use MS Excel to create and automate the calculation of Financial ratios
Requirements
Microsoft Excel 2010, 2013, 2016, 2020, or Microsoft Excel 365
Description
Islamic banking, also referred to as Islamic finance or Shariah-compliant finance, refers to financial activities that adhere to Islamic law Shariah. Two fundamental principles of Islamic banking are the sharing of profit and loss and the prohibition of the collection and payment of interest by lenders and investors. In Islamic banking, the banks do not collect interests from creditors. Instead, they earn money using equity participation systems and share profits and losses. Islamic finance is practiced in many Muslim countries and is extremely popular among Islamic communities, as some conventional banking practices might be against Shariah. Islamic finance is considered more ethical than conventional banking, as it believes that a bank and its clients should make profits and losses together. Hence, it does not just focus on maximizing the bank's wealth. Also, Islamic finance practices consider the best interests of the Muslim community.Islamic banking development can be attributed to some conventional banking theories and practices which go against and hurt the sentiments of the Muslim communities. Hence, Islamic finance was developed by inventing methods that are Sharia-compliant. Sharia is the Islamic law present in the Quran's teachings. Creating practices that align with the Muslim culture and beliefs encourages many to take up banking. Islamic finance is so strictly followed that banks look to religious leaders and scholars for guidance. The main objective of Islamic banking and finance is that all society participants should create wealth and benefit. Usually, in conventional banking, some parties benefit at the expense of others. The Islamic banks are a clear exception to this.In this course, we will learn Financial Modeling from Islamic Banking point of view.
Overview
Section 1: Introduction
Lecture 1 FM OVerview
Lecture 2 Introduction to Islamic Banking
Lecture 3 Key Principles to Follow
Lecture 4 Revenue Concept of Islamic Bank
Lecture 5 Cost Concept of Islamic Bank
Lecture 6 What are the Dos and Donts
Section 2: Punching Balance Sheet
Lecture 7 Punching Balance Sheet
Lecture 8 Punching Balance Sheet Continues
Lecture 9 Punching Income Statement
Lecture 10 Explaining Line Items Income Statement
Lecture 11 Net Finance Income
Section 3: Punching Cash Flow
Lecture 12 Punching Cash Flow
Lecture 13 Punching Cash Flow Continues
Lecture 14 Explaining Line Items Cash Flow
Lecture 15 Cash Flow Statement
Section 4: Assumptions
Lecture 16 Balance Sheet
Lecture 17 Assumptions
Lecture 18 More on Assumptions
Lecture 19 Total Liabilities and Equity
Lecture 20 Financing Income
Lecture 21 Earning Assets and Bearing Liabilities
Lecture 22 Calculate Net Operating Income
Lecture 23 Provision and Impairments
Section 5: Linking Balance Sheet
Lecture 24 Linking Balance Sheet
Lecture 25 Linking Balance sheet Continues
Lecture 26 Linking Property and Equipment
Lecture 27 Non Controlling Interest
Lecture 28 Proposed Bonus Shares
Section 6: Ratio Analysis
Lecture 29 Ratio Analysis
Lecture 30 Ratio analysis Liquidity
Lecture 31 Equity to Total Asset
Lecture 32 Ratio Used For Valuation
Section 7: Valuation
Lecture 33 Conclude Cost of Equity
Lecture 34 DDM Valuation
Lecture 35 Calculate Perpetuity Value
Lecture 36 Price Book Model Method
Financial Analysts/ Managers who want to expand on the current set of skills,Graduates/Post Graduates/CA/CFA,Business and finance practitioners who are eager to improve their Excel and Financial Modeling skills
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