Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

Islamic Finance Qualification (IFQ) : What Is The IFQ? Key Features

Download as pdf or txt
Download as pdf or txt
You are on page 1of 2

Islamic Finance Qualification (IFQ)

What is the IFQ?

Key features

The IFQ is a global qualification which covers Islamic


finance from both a technical and a Shariaa 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 Shariaa in a business
context and prepares candidates to hold key positions in the
Islamic finance and takaful (Islamic insurance) industries.

Shariaa compliant - examines the practices used in


the Islamic financial markets and the principles behind
investment selections

The qualification is available worldwide and both the exam


and learning manual are produced in English and Arabic. The
IFQ is an industry leading qualification which is supported by
the Central Bank of Lebanon (Banque du Liban).

Who should study for the Islamic


Finance Qualification?
The IFQ is appropriate for existing and new employees and
those seeking a career in Islamic finance.

Advisory Council for Islamic Finance


The IFQ was initiated by the Central Bank of Lebanon
(Banque du Liban) and was jointly created by lEcole
Suprieure des Affaires (ESA) and the CISI. These bodies
convened the Advisory Council for Islamic Finance (ACIF), a
group of experts, to develop and oversee the qualification.

Available in Arabic - the exam can be taken in English


or Arabic
Awarded by two world-renowned institutions - the CISI
and lEcole Suprieure des Affaires (ESA)
Industry recognition - initiated and supported by the
Central Bank of Lebanon (Banque du Liban)
International qualification - since its launch, the exam
has been taken in over 40 countries
Endorsed by the Financial Skills Partnership (FSP)
the IFQ features on the FSP Recommended List of
Examinations.
Free CISI Student membership - become associated
with a chartered professional body and take advantage
of an extensive range of benefits
ACSI designatory letters

Supported by

Syllabus summary








In the fast-evolving world of Islamic


finance, having a strong foundation
is key. The IFQ qualification provides a
core understanding of the theoretical
concepts behind many of todays
products, which is the quintessential first
step in tailoring Islamic finance to suit
increasingly sophisticated client needs.

The Basis of Islamic Banking and Finance


An Introduction to Islamic Banking and Finance
Islamic Law of Contracts
Financial Techniques Applied by Islamic Banks
Islamic Asset and Fund Management
Sukuk Market
Islamic Insurance - Takaful
Financial Statements for Islamic Banks
Islamic Corporate Governance

Rizwan Chaudhry, Senior Associate,


The Islamic Bank of Asia

Ofqual approval

The Islamic Finance Qualification is recognised by Ofqual as the level 3 Certificate in Islamic Finance. This qualification
is regulated by Ofqual as a level 3 qualification on the Qualifications & Credit Framework (QCF). Success in this
qualification carries with it 13 QCF credits. Visit cisi.org/ofqual. On the European Qualifications Framework, this equates
to a level 4 qualification. For further information visit cisi.org/eqf

Studying for the IFQ

Preparation, using the accompanying learning manual and elearning, requires approximately 130 hours of personal
study time.
UK candidates only: when you book for an examination, either individually or through one of our Accredited
Training Providers, you will also receive the most up-to-date CISI workbook for that subject (unless you have
already purchased the workbook). To find an ATP near you visit cisi.org/atp

Assessment

The IFQ is completed by passing a 100 multiple-choice question exam. The exam is delivered by Computer Based
Testing (CBT). A worldwide network of test centres is available, ensuring flexible scheduling, instant results and ease of
completing the exam on screen. Visit cisi.org/cbt to find your nearest venue.

How to register
Step 1:
Step 2:


Register online at cisi.org/register


Book your exams:
online cisi.org/ifq
by phone +44 20 7645 0777
via email customersupport@cisi.org

Step 3:

Complete the Qualifications


Registration Form at cisi.org/qrf

Visit cisi.org/prices for current prices

Next steps
CISI Membership
You will receive free Student membership of the CISI whilst you study and will have access to a wide range
of benefits. Upon successful completion of the IFQ you will have the opportunity to upgrade to Associate
membership and you will be entitled to use the designatory letters, ACSI.
CISI membership enables you to develop your career, increase your competence and maintain the highest
standards of personal integrity. The programme of free professional benefits assists you to keep up to date with
the industry. Visit cisi.org/membership

Further CISI qualifications


We have agreed a partnership with the Institute of Islamic Banking and Insurance (IIBI); where candidates with
the IFQ can apply for the IIBIs Diploma.

cisi.org/ifq

+44 20 7645 0777

customersupport@cisi.org

11/14

You might also like