Methods of Ijtihad in contemporary financial transactions

Bag code: ADMFACC100315024 Days: 3 days "Today’s training: 5 hours" Time: 15 training hours Targeted participants: both students in Sharia and Islamic Studies colleges Program overview: This program revolves around the methodologies of ijtihad in contemporary financial transactions (definition – types – characteristics – objectives – positives – negatives .. etc.) It will be presented through the following units: First training unit: Introduction to ijtihad in financial transactions Second training unit: Methodologies of ijtihad in Islamic jurisprudence Third training unit: Contemporary ijtihad in financial transactions Program objectives: To enable the trainee to understand ijtihad in financial transactions. To help the trainee understand the methodologies of ijtihad in Islamic jurisprudence. To discuss the trainee’s foundational jurisprudence for contemporary financial transactions. Program topics: First unit: (Introduction to ijtihad in financial transactions) Definition of ijtihad. Concept of ijtihad in Islamic law. Difference between ijtihad and fatwa. Importance of ijtihad in financial transactions. The need for ijtihad to face contemporary financial challenges. The role of ijtihad in achieving justice and public interest. Second unit: (Methodologies of ijtihad in Islamic jurisprudence) Hanafi school. Characteristics of their methodology in financial transactions. Examples of their financial ijtihad. Maliki school. Malikis’ view on ijtihad in financial transactions. Most prominent fatwas related to financial transactions. Third unit: (Contemporary ijtihad in financial transactions) Foundational jurisprudence for contemporary financial transactions. New financial challenges (Islamic banks, insurance, financial markets). How to use jurisprudential rules to develop new ijtihad. Contemporary financial issues. Issues such as dealing with bank interest, sukuk, digital currencies. How to handle new issues according to the methodology of ijtihad. Contents of the package: PowerPoint 81 Trainer’s guide 61 Trainee’s guide 58 Activities 6 Introductory guide 5 References 4 Evaluation forms and data 6 Pre- and post-tests 6 Videos 6 Images 10 Mind maps 1 Brochure 1 Package contents 12 Training package model Please click here to view the training package model