Jun 18, 2019 - Jun 20, 2019

Islamic Finance Qualification (IFQ)

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Enroll for this course
June 18, 2019
9am - 5pm

About the Course

The IFQ is a global qualification which covers Islamic finance from both a technical and a Sharia’a perspective. Developed by industry experts, the qualification will equip you for success in this rapidly developing field. It provides 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 (Islamic insurance) industries.

Who should attend | Target Audience

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

Key Benefits

  • Sharia’a compliant 
  • Available internationally in English and Arabic 
  • Provides knowledge of the general principles of Shariah (fiqh al muamalat) and their application to Islamic banking and finance 
  • Examines the practices used in the Islamic financial markets and the principles behind investment selections
  • Initiated and supported by the Central Bank of Lebanon (Banque du Liban). 
  • Second step in the CISI’s wealth/retail pathway – it consolidates knowledge gained from the ICWIM and allows progression to the specialist, Chartered Wealth Manager Qualification
  • ‍Awarded jointly by the CISI and l’Ecole Supérieure des Affaires (ESA)
  • ‍Earn CPD hours upon successful completion of the qualification
  • ‍Free CISI Student membership – become associated with a Chartered professional body and take advantage of an extensive range of benefits.
  • Access to Associate membership and ACSI designatory letters

What you will learn

  • Key Islamic Finance Principles 
  • How Islamic and Conventional Finance Differ
  • Structuring Rules for Islamic Financial Products 
  • Sukuk & Islamic Securitization 
  • Islamic Asset & Fund Management 
  • ‍Takaful
  • Financial Statements for Islamic Banks
  • ‍Corporate Governance for Islamic Finance

Element 1 The Basis of Islamic Banking and Finance

1.1 The Basis of Islamic Banking and Finance

Element 2 An Introduction to Islamic Banking and Finance

2.1 An Introduction to Islamic Banking and Finance

Element 3 Islamic Principles of Exchange

3.1 Islamic Principles relating to Business

3.2 Riba

3.3 Gharar

3.4 Rules of Exchange

Element 4 Basic Contracts and Their Treatment

4.1 Contract

4.2 Contracts of Exchange

4.3 Security Contracts

4.4 Wakala

4.5 Foreign Exchange

4.6 Accounting Treatment

Element 5 Financial Contracts and Techniques Applied by Islamic Banks

5.1 Funds in Islamic Banking

5.2 Mudaraba

5.3 Wa’d

5.4 Musharaka

5.5 Murabaha

5.6 Arbun

5.7 Ijara

5.8 Salam

5.9 Istisn’a

5.10 Letters of Credit

Element 6 Islamic Asset Management

6.1 Islamic Investing

6.2 Selecting Sharia’a-Compliant Investments

6.3 Funds

6.4 Fund Management

6.5 Types of Fund

Element 7 Sukuk Market

7.1 Characteristics of Sukuk

7.2 Structuring Sukuk

7.3 Sukuk Regulations

7.4 Capital Market Considerations

Element 8 Islamic Insurance – Takaful

8.1 History of Takaful

8.2 Types of Takaful

8.3 Structure of Takaful

8.4 Takaful Industry Considerations

Element 9 Islamic Corporate Governance

9.1 Corporate Governance

9.2 Sharia’a Supervisory Board

9.3 Corporate Governance Regulations and Standards

9.4 Investment Account Holders

9.5 Corporate Governance in Takaful

Karim Mansour

Tadawul Academy

Karim Mansour founded Tadawul Academy in 2014 and saw it grow to be a leading training provider for CISI and investment-focused programmes in the GCC.    An established finance professional, Karim has a track record of delivering training in the UAE, Qatar and West Africa (Sierra Leone and Liberia) in    three languages: English, Arabic and Krio.

Karim founded the Banker Middle East Intelligence Unit as part of his CFO function at CPI Financial. He also authored the esteemed BME 100 annual analytical    publication for the years 2012, 2013 and 2014.