Islamic Finance Certification

Course Overview

The IFMP Islamic Finance Certification covers the concepts of economic system, contract, and banking, modes of deposit, pool management, insurance, capital markets and funds according to Islamic law for products related to financial market.

Assessment Structure

  • This will be a 150 minutes examination of 100 Multiple Choice Questions (MCQs).
  • All questions will carry equal marks.
  • There will be no negative marking.

Awarding Body

This certification is awarded by the Institute of Financial Markets of Pakistan (IFMP) and the examination is conducted on the IFMP Learning Management System (LMS).

Learning Objectives

This course is specifically designed to meet the minimum qualifications needs of all the professionals related to Islamic banking and finance. It intends to ensure that the professionals dealing with its techniques are competent enough in their work.

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Unit 1: Course Overview

Unit 2: Introduction to Islamic finance and economic system

Basic Principles of Islamic Finance

Introduction to Islamic Law of Contract

Islamic Banking System in Pakistan

Unit 3: Islamic finance products – Asset side and fee based services

Fee-Based Islamic Banking Services

Unit 4: Deposits and Pool management for Islamic banks

Pool Management

Unit 5: Introduction to Islamic insurance (Takaful)

Unit 6: Islamic capital markets and funds

Islamic Capital Market Funds 

Introduction to Sukuk

Islamic Indices and Equity Investment Screening

Unit 7: Accounting, auditing and Shariah auditing for Islamic financial institutions

Auditing and Shariah auditing

Unit 8: Regulatory framework for Islamic banking and other IFIS

Unit 9: Introduction to governance and risk management

Introduction to Risk Management

Unit 10: Definition of Terms

Glossary

Price: $410

This Course includes:

   Text-based content

   8 Weeks