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BRIAN KETTELL, the Course Director, worked at the Central Bank of Bahrain for several years and has extensive experience in Islamic banking.
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He has published 16 books on banking and financial markets and over 20 case studies on Islamic banking and finance.

Module 31

Islamic home finance

An Islamic mortgage cannot charge interest. Alternative Sharia'a compliant models have been developed .These include:

  • Diminishing Musharaka home finance
  • Ijara home finance
  • Murabaha home finance

This module analyses all these alternative financing mechanisms and compare them with the conventional equivalents.