As you’re probably aware, we don’t have any official Icelandic courses yet.
Here are some excellent community-created Icelandic courses with full audio and Listening Skills:
http://www.memrise.com/course/848420/islenska-1/
http://www.memrise.com/course/941665/islenska-1-2/
http://www.memrise.com/course/788123/islenska-2-2/
http://www.memrise.com/course/775568/islenska-er-ekkert-mal-i-2/