This path provides an introduction to Risk Management and FX products in Islamic finance. Once you have completed this path, you shall have a thorough understanding of Islamic FX products, the Shariah contracts used, and how they are structured.
This programme provides an overview of Forex products in Islamic Finance and their role in risk management namely FX Spots, Forwards, and Options.
This programme will introduce you to the Shariah contracts typically used by the industry to structure FX products, especially the dual Wa’ad and the dual commodity Murabaha structures, and the comparison between the two models.