Certificate in Islamic Banking and Finance

Price: AED 8,000

Inquiry

Islamic banking and finance industry has witnessed phenomenal growth over the past few decades with the UAE developing into a global hub of Islamic economy and finance. As the number of financial institutions offering Islamic products is growing, there is increasing need for professionals with the required qualifications and experience. It is estimated that by 2015, Islamic banks and financial services firms in the UAE will need to hire additional manpower for 8,000 positions, thanks to new products being introduced and the ongoing efforts to make Dubai the capital of the world's $8 trillion (Dh29.4 trillion) Islamic economy.

About CIBF

The qualification 'Certificate in Islamic Banking and Finance' (CIBF) is offered by the Emirates Institute for Banking and Financial Studies in collaboration with IBFIM - the leading Islamic banking and finance institute from Malaysia. CIBF is tailored to fit the needs of industry professionals in the field of Islamic banking, takaful and capital market. It provides a thorough knowledge of Islamic finance principles and aims to develop qualified personnel with skills and expertise in Islamic finance products and operations who can meet the requirements of this fast growing industry.

Modules

  • Philosophy and fundamentals of Islamic banking and finance
  • Application of shari'ah in Islamic finance
  • Business ethics and Islamic finance regulatory framework
  • Fund management and deposit products in Islamic banks
  • Islamic consumer financing
  • Islamic corporate/business and trade financing
  • Financial accounting and reporting for Islamic banks
  • Islamic financial markets and takaful operations

Who should attend

  • Professionals working in the financial sector who would like to develop skills in Islamic finance
  • Professionals working in the Islamic finance industry who would like to broaden their knowledge
  • Anyone wishing to enter the Islamic financial services sector

 Prerequisites

One year's experience in the financial industry or should have graduated or obtained a diploma from EIBFS.

Methodology

Interactive program based on lectures, extensive use of case studies, class work, exercises, progress assessment, final exam.

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