The Advance Diploma in Islamic Finance offers a qualification addressing the needs of both Islamic and Conventional financial institutions providing Islamic Banking services and products. The program has been designed to:

• Provide a professional qualification for commerce graduates to initiate a career in the banking sector.
• Enhance career opportunities for those who are already in the banking sector but require a professional qualification.

Objectives

• To provide students with an understanding for the jurisprudential and theoretical fundamentals of Islamic Banking and Finance.
• To provide an appreciation of the investment regulations relating to the banking industry and to Islamic banks in particular.
• To provide an intellectually stimulating environment in which students can develop their knowledge, understanding, and analysis of Islamic financial markets, institutions and systems operating around the globe.
• To develop in students the ability to apply the knowledge and skills they have acquired to the solution of practical problems in their professional banking careers.
• To train executives desiring specializations in Islamic banking and finance in order to assist expansion in the banking and finance industry.

Program Structure

Advanced Diploma in Islamic Finance program is run flexibly in evenings to suit working hours of professionals, while simultaneously offering a number of sessions to give candidates the opportunity to fast track their progression. The program is structured on a 20 weeds semester system and students are required to complete the six modules, each having 60 in class hours. The modules are as follows and can be completed in any order:

• Islamic Commercial Jurisprudence
• Introduction to Trust, Banking, and Business Laws
• Islamic Insurance (Takaful)
• Islamic Treasury, Capital Markets and Risk Management
• Islamic Banking Operations
• Islamic Accounting Standards

Admission Criteria

• BIBF Business English Program – Level 4
• Relevant Banking and Finance operations/management experience or a business commerce, banking or finance degree from a recognized university.

Fees

• Registration: BD15 (non refundable)
• Fee per module: BD400
• Alternative Exam Fee: BD25