What is Islamic investment banking / finance?

Islamic banking refers to a system of banking or banking activity that is consistent with Islamic law (Sharia) principles and guided by Islamic economics. In particular, Islamic law prohibits usury, the collection and payment of interest. In addition, Islamic law prohibits investing in businesses that are considered unlawful (such as businesses that sell alcohol or pork, or businesses that produce media such as gossip columns or pornography, which are contrary to Islamic values).

Amongst the common Islamic concepts used in Islamic banking are profit sharing, safekeeping, joint venture, cost plus, and leasing.

How do I get a graduate scheme / internship / entry level job or career in Islamic Banking / Finance?

Obtaining a graduate scheme, internship or entry level role in islamic banking / finance can be very challenging and competitive – though very achievable by getting your application, CV, interview and general approach right. You can guarantee that ninety percent of applicants for islamic banking / finance roles will not know how to apply, so getting your application in the top ten percent makes things a lot more achievable.

Approaching the company in the right way will make all the difference. Combining the right approach with a strong interview (and in some cases assessment centre) writ a strong focused tailored CV will go a long way. Make sure you have gone through the free videos on this sight by entering your name and email address in the top right of this screen underneath the video. Once you have filled this in you will have instant access to everything you need to secure your career in islamic banking / finance.

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