Key Details

Duration: 2 Days

Delivery method: In-house

Overview

The CISI - Islamic Finance Qualification (IFQ) is a ground breaking qualification that covers Islamic finance from both a technical and Sharia’a perspective, providing the first international benchmark in the area of Islamic finance. The IFQ provides candidates with an understanding of the influence of Sharia’a in a business context,...

The CISI - Islamic Finance Qualification (IFQ) is a ground breaking qualification that covers Islamic finance from both a technical and Sharia’a perspective, providing the first international benchmark in the area of Islamic finance.

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 (Islamic Insurance) industries.

Who is this for?

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

The Basis of Islamic Banking and Finance

  • The Basis of Islamic Banking and Finance

An Introduction to Islamic Banking and Finance

  • An Introduction to Islamic Banking and Finance

Islamic Principles of Transactions

  • Islamic Principles relating to Business
  • Riba
  • Gharar
  • Rules of Transactions

Basic Contracts and Their Treatment

  • Contract
  • Contracts of Exchange
  • Security Contracts
  • Foreign Exchange
  • Accounting Treatment

Financial Contracts and Techniques Applied by Islamic Banks

  • Types of Contracts
  • Funds in Islamic Banking
  • Wakala
  • Mudaraba
  • Musharaka
  • Murabaha
  • Ijara
  • Salam
  • Istisn’a
  • Letters of Credit
  • Wa’d and Ah’d
  • Arboon

Islamic Asset Management and Socially Responsible Investing (SRI)

  • Comparison of Conventional and Islamic Financing
  • Islamic Investing
  • Selecting Shariah-Compliant Investments
  • Funds
  • Fund Management
  • Types of Fund

Sukuk Market

  • Characteristics of Sukuk
  • Structuring Sukuk
  • Sukuk Regulations
  • Capital Market Considerations

Islamic Insurance – Takaful

  • History of Takaful
  • Types of Takaful
  • Structure of Takaful
  • Takaful Industry Considerations

Islamic Corporate Governance

  • Corporate Governance
  • Shariah Supervisory Board
  • Corporate Governance Regulations and Standards
  • Investment Account Holders
  • Corporate Governance in Takaful

Our classroom training is delivered in-house and can be tailored to your Firm's requirements and the ability of the audience preparing for CISI exams.

Face to face training
Our recommended approach includes face to face training with one of our CISI expert trainers who will guide participants through the syllabus in a structured, engaging and interactive manner.

Practice tests and mock exams
Our face to face training days commence with a ‘kick-off’ test, testing the participants on their existing capabilities, and finish with a ‘progress’ test assessing their progress on the days topics.

As part of our in-house CISI study programmes, participants have access to chapter by chapter practice questions and a mock exam that simulates the real CISI examination.

These tools provide valuable feedback and monitoring to track the participants’ performance throughout the study programme and are vital in effectively preparing participants for success in their CISI exam.