1.1 Aqidah, Shariah, Akhlaq
1.2 Ibadat and Muamalat
1.3 Primary and Secondary Sources of Shariah Laws

2.1 Historical Development of Islamic Banking in the world
2.2 Historical Development of Islamic Banking in Malaysia

3.1 Governent and structure of Islamic Banking
3.2 Islamic Financial Services Act 2013 (IFSA 2013)
3.3 Guideline on The Shariah Advisory Council
3.4 Shariah Panel
3.5 Guidelines on Islamic Banking Products

4.1 Investment and Financing of Halal (permissible) Activities
4.2 Profit and Loss Sharing vs Lender-Borrower Relationship
4.3 Trade-based Financing vs Interest-based Investments/Loans
4.4 Prohibition of Riba, Gharar (unnecessary risk) and Maysir (gambling / speculation)
4.5 Payment of Zakat

5.1 Al-Wadiah savings accounts
5.2 Al-Wadiah current accounts
5.3 Al-Wakalah saving accounts
5.4 Al-Mudharabah savings accounts

6.1 Al-Mudharabah General Investment Accounts (MGIA)
6.2 Al-Mudharabah Special Investment Accounts (MSIA)

7.1 Home/Property Financing
7.2 Motor Vehicle Financing
7.3 Personal Financing
7.4 Credit Cards

8.1 Project Financing
8.2 Acquisition of Assets
8.3 Working Capital Financing

9.1 Letter of Credit (Wakalah) (Musharakah) (Murabahah)
9.2 Islamic Accepted Bills (Bai` al-Dayn)
9.3 Islamic Export Credit Refinancing (IECR)

10.1 Agency (Al-Wakalah)
10.2 Guarantee (Al-Kafalah)
10.3 Remittance (Al-Hiwalah)
10.4 Fee (Al-Ujr)
10.5 Ibra
10.6 Ta'widh

A1 : Islamic banking refers to a financial system that operates in accordance with Islamic principles and guidelines. It prohibits the charging or paying of interest (riba) and adheres to Shariah law, which guides all aspects of financial and economic transactions.

A2 : Islamic banking is based on principles derived from Shariah (Islamic law), which promotes ethical and just financial practices. These principles are outlined in the Quran and the Hadith (sayings and actions of Prophet Muhammad).

A3 : The key difference is the prohibition of interest (riba) in Islamic banking. Instead of earning interest on deposits and paying interest on loans, Islamic banks engage in profit-sharing, equity-based financing, and ethical investment activities.

A4 : Islamic banks offer financial products that are structured differently from conventional banking products. Instead of interest, they offer profit-sharing agreements, lease agreements, and sale contracts, ensuring that the bank shares both the risks and rewards with its customers.

A5 : Riba refers to the charging or paying of interest on loans. It is considered exploitative and unjust in Islam, as it generates wealth without productive economic activity. Islamic teachings emphasize fairness and discouraging earning money through unearned income.

A6 : Common Islamic banking products include Mudarabah (profit-sharing), Musharakah (joint venture), Ijarah (leasing), Murabaha (cost-plus financing), and Sukuk (Islamic bonds), among others.

A7 : Mudarabah is a profit-sharing arrangement where one party provides capital (rab al-mal) while the other party provides expertise or management (mudarib). Profits are shared based on a pre-agreed ratio, while losses are borne by the capital provider.

A8 : Yes, Islamic banking services are not limited to Muslims. Non-Muslims can also use these services, as long as they agree to abide by the Shariah principles guiding those services.

A9 : Islamic banking is regulated in accordance with Islamic financial principles. Regulatory bodies and financial institutions ensure that the products and services offered are compliant with these principles.

A10 : Shariah compliance ensures that financial transactions and products are in line with Islamic principles. Many Islamic banks have Shariah boards composed of scholars who review and approve the products and services offered.