Islamic finance qualification

Instruction Language

English

Country

United Arab Emirates

English Abstract

The Islamic Finance Qualification (IFQ) is an entry-level qualification that covers Islamic finance from both a technical and a Sharia'a perspective, providing the first international benchmark in the area of Islamic finance.

IFQ is an internationally recognised qualification that is awarded jointly by the chartered institute for securities and investment (CISI)-recognized by Ofqual, the UK government education regulator.

The IFQ provides candidates with an understanding of the influence of Sharia'a in a business context and prepares candidates to hold key positions in the Islamic finance and Takaful industries.

The qualification is appropriate for existing and new employees and those seeking a career in Islamic finance.

Since its launch, the exam has been taken in over 40 countries.

Program Duration

Objectives

- -Key Islamic finance principles. -How Islamic and conventional finance differ. -Structuring rules for Islamic financial products. -Sukuk and Islamic securitization. -Islamic asset and fund management. -Takaful. -Financial statements for Islamic banks. -Corporate governance for Islamic finance.

Certificate / Course Program

Day 1 : -Welcome and introduction. -Session 1: a practical introduction to Islamic finance -Exercise : review of Islamic finance principles -Session 2 : Islamic financial technique : sale-based contracts -structuring exercise : sale based financing. -Session 3 : Islamic financial technique : lease-based and equity based contracts Day 2 : -Session 1 : deposit instruments -Session 2 : the Islamic bond market-Sukuk -Session 3: Islamic asset and fund management Day 3 : -Session 1 : Islamic insurance-Takaful -Session 2 : financial statements for Islamic banks -Session 3 : Islamic corporate governance -Course wrap up and review.