T  H  E

Islamic Finance

D  I  P  L  O  M  A

A 2-Year Diploma in Islamic Finance

I F A   E D U C A T I O N   ·   2 0 2 7

£1,295/year

REGISTER YOUR INTEREST

The Islamic Finance Diploma

A 2-Year Diploma in Islamic Finance

Starts Monday 11 January 2027Weekly online lessonsSeminar days in the UK

£1,295/year

IFA Education · 2027

REGISTER YOUR INTEREST Watch the film 4:36

 

 

 

 

 

T H E

Islamic Finance

D I P L O M A

A 2-Year Diploma in Islamic Finance

I F A  E D U C A T I O N  ·  2 0 2 7

£1,295/year

REGISTER YOUR INTEREST

The Islamic Finance Diploma

A 2-Year Diploma in Islamic Finance

Watch the film 4:36

Starts

Monday 11 January 2027

Lessons

Thursdays 7pm, online

Seminars

Once a term in the UK

£1,295/year

REGISTER YOUR INTEREST

Cohort 1 · 2026

Inside the Diploma

4 min 36

In their own words

Cohort 1

You get to pick their brains and ask them questions that you don’t get a chance to online.
Sabir Muhiaddin · Cohort 1
We’ve studied the fiqh of mu’āmalāt in classical books, so it’s really nice to have the shuyūkh go through the same concepts, but in modern applications.
Usama Faruqui · Cohort 1
It’s great to see the brothers and the mashāyikh learning from the instructors about the deeper consequences of ribā at scale.
Atif Hatab · Cohort 1
130Students
48Cities
20Countries

What you’ll study

Eight cores, two years

Core 1

Foundations of Islamic Finance

Begin with the intellectual and ethical roots of financial activity in Islam. Explore how revelation, reason, and justice shape the principles that govern wealth and exchange.

  • Qur’ān & Sunnah in finance
  • Maqāsid al-Sharī’ah
  • Nature of wealth & money
  • Justice & equity
Core 2

Contracts & Transactions

Study the classical structures that form the heart of Islamic commercial law, and understand how they guide modern financial dealings.

  • Exchange & partnership contracts
  • Risk, profit, and loss
  • Ownership & consent
  • Validity & enforceability
Core 3

Capital Markets & Institutions

Examine how Islamic finance operates across systems and sectors, from banking and insurance to capital markets, investments, and regulatory governance.

  • Sukuk & funds
  • Investment instruments
  • Product structuring
  • Takaful
  • Islamic banking models
  • Regulation & Sharī’ah governance
  • Market oversight
Core 4

Contemporary Issues & Innovation

Engage with the forces reshaping the financial landscape and the questions they raise for Islamic thought and practice.

  • Fintech & digital finance
  • Crypto & CBDCs
  • ESG & sustainability
  • Public finance & taxation
  • Islamic finance in minority contexts
  • Investment screening and ethics
Core 5

Ethics & Law in Modern Society

Explore how Islamic legal and ethical frameworks shape social and economic behaviour. Understand the moral foundations that link financial justice to broader societal well-being.

  • Fiqh of transactions
  • Legal responsibility
  • Social justice
  • Moral accountability
  • Ethical governance
Core 6

Applied Practice & Social Economy

Connect finance to lived realities, from households to communities, and explore how Islamic financial principles guide real-world responsibility and impact.

  • Family finance
  • Wills & inheritance
  • Zakāh & wealth distribution
  • Social finance
  • Ethical leadership
Core 7

The Future of Islamic Finance

Explore the next frontiers of Islamic finance across markets, policy, and thought. Identify global trends and the roles Muslim professionals will play in shaping ethical financial systems.

  • Global trends
  • Policy & governance
  • Capitalism & alternatives
  • Thought leadership
  • Vision for reform
Core 8

Principles & Practice

Bring your learning together in a final applied or research project that unites scholarship, analysis, and creativity. Demonstrate the insight and integrity expected of a future custodian of Islamic finance.

Who teaches it

Scholars and practitioners, side by side

Shaykh Dr. Sajid Umar

Islamic Finance Scholar

Chair, IFA · Lead Instructor

Shaykh Fuad Abdo

Islamic Finance Scholar

Vice-Chair, IFA

Umer Suleman

Industry Expert

Chief Islamic Finance & Commercial Officer, IFA

Omar Sheikh

Industry Expert

Managing Director, GEFI

Safdar Alam

Industry Expert

Chairman, Wahed Ventures

How the two years run

Built around your week

Cohort 2 begins on Monday 11 January 2027.

Thursdays, 7pm

A new 2-hour lesson every week, recorded so you can watch it when it suits you.

Every other Tuesday

A live session with the instructors at 7pm (UK time).

Once a term

A seminar day in London or a major UK city, live-streamed for students abroad.

In English

Every Arabic term translated and explained.

An Open Invitation

F R O M  S H A Y K H  D R .  S A J I D  U M A R

 

 

Modern finance touches every part of our lives; our homes, our careers, our education, even aspects of our worship. And yet, despite its reach, it is rarely understood in much depth.

For me, this has always raised a question: how can we, as believers, interact with something so central without grounding ourselves first in the guidance of our tradition, and then engaging honestly with the realities of today’s financial world?

The Prophet ﷺ said:

 لَا تَزُولُ قَدَمَا عَبْدٍ يَوْمَ القِيَامَةِ حَتَّى يُسْأَلَ عَنْ أَرْبَعٍ: عَنْ عُمْرِهِ فِيمَا أَفْنَاهُ، وَعَنْ عِلْمِهِ فِيمَا فَعَلَ، وَعَنْ مَالِهِ مِنْ أَيْنَ اكْتَسَبَهُ وَفِيمَا أَنْفَقَهُ، وَعَنْ جِسْمِهِ فِيمَا أَبْلَاهُ. (رواه الترمذي) 

"The feet of the son of Adam will not move on the Day of Judgement until he is asked about four things: his life and how he spent it; his knowledge and how he acted upon it; his wealth - how he earned it and how he spent it; and his body and how he used it." [Al-Tirmidhi]

Two of these questions are about wealth. This alone should make us pause.

Finance is not just about markets or numbers. Rather it's about our standing before Allah! 

This diploma has been put together for those who feel this same concern. Whether you are working in finance, law, policy, or business; studying Shariah or economics; building something as an entrepreneur or navigating regulation and policy; or simply someone who looks at the system around us and feels that something isn’t right; this programme has been designed with you in mind inShaAllah. 

It is not about credentials or titles. It is about preparing ourselves to deal with wealth in a way that serves people, develops for us a paradise-centric approach to wealth, and most importantly, answers to Allah.

The Islamic Finance Advisory (IFA) was set up as a non-profit to serve this very need. With this programme, my hope is to cultivate individuals who can think deeply, engage meaningfully, and act with amānah (trust) in one of the most consequential areas of our time.

Sajid Ahmed Umar

18th Rabiʿ al-Ākhir 1447
10th October 2025

An Open Invitation

F R O M  S H A Y K H  D R . 
S A J I D  U M A R

 

 

Modern finance touches every part of our lives; our homes, our careers, our education, even aspects of our worship. And yet, despite its reach, it is rarely understood in much depth.

For me, this has always raised a question: how can we, as believers, interact with something so central without grounding ourselves first in the guidance of our tradition, and then engaging honestly with the realities of today’s financial world?

The Prophet ﷺ said:

 لَا تَزُولُ قَدَمَا عَبْدٍ يَوْمَ القِيَامَةِ حَتَّى يُسْأَلَ عَنْ أَرْبَعٍ: عَنْ عُمْرِهِ فِيمَا أَفْنَاهُ، وَعَنْ عِلْمِهِ فِيمَا فَعَلَ، وَعَنْ مَالِهِ مِنْ أَيْنَ اكْتَسَبَهُ وَفِيمَا أَنْفَقَهُ، وَعَنْ جِسْمِهِ فِيمَا أَبْلَاهُ. (رواه الترمذي) 

"The feet of the son of Adam will not move on the Day of Judgement until he is asked about four things: his life and how he spent it; his knowledge and how he acted upon it; his wealth - how he earned it and how he spent it; and his body and how he used it." [Al-Tirmidhi]

Two of these questions are about wealth. This alone should make us pause.

Finance is not just about markets or numbers. Rather it's about our standing before Allah! 

This diploma has been put together for those who feel this same concern. Whether you are working in finance, law, policy, or business; studying Shariah or economics; building something as an entrepreneur or navigating regulation and policy; or simply someone who looks at the system around us and feels that something isn’t right; this programme has been designed with you in mind inShaAllah. 

It is not about credentials or titles. It is about preparing ourselves to deal with wealth in a way that serves people, develops for us a paradise-centric approach to wealth, and most importantly, answers to Allah.

The Islamic Finance Advisory (IFA) was set up as a non-profit to serve this very need. With this programme, my hope is to cultivate individuals who can think deeply, engage meaningfully, and act with amānah (trust) in one of the most consequential areas of our time.

Sajid Ahmed Umar

18th Rabiʿ al-Ākhir 1447
10th October 2025

How to join

From interest to enrolment

  1. 1Register
  2. 2Prospectus
  3. 3Online Form
  4. 4Live Chat
  5. 5Enrolment

Monthly

£125/month

£3,000 in total

Yearly

£1,295/year

£2,590 in total

One-off

£2,400

Paid once

Enrolment closes on Friday 8 January 2027.

Take a step into the next generation of finance, register your interest for Cohort 2 now:

 

We'll email you the prospectus, the online form and updates on the January 2027 intake. Enrolment closes on Friday 8 January 2027.

January 2027 intake

Register your interest

It takes 30 seconds, and your prospectus opens straight away.