It is designed to give individuals the following advantages:

• Offers an intellectually stimulating environment in which students can develop & enhance their knowledge, understanding and analysis related to the field of Islamic banking and finance
• Demonstrable expertise in the complex, fast-growing world of Islamic finance
• Give you skills in Shari’ah compliance and the complexities of the contracts that underpin this compliance
• Provides students with an understanding of the jurisprudential and theoretical fundamentals core to Islamic banking and finance
• Develop the ability to apply the knowledge and skills they have acquired to the solution of practical problems in their professional banking careers

The qualification will be valuable for:

• Individuals who have a general interest in Islamic finance
• Newcomers to Islamic finance as well as finance professionals seeking accreditation in this vast field.
• Individuals who want to embark on a career in Islamic finance or wish to develop their knowledge for their current job role in an Islamic financial institution
• Financial Institutions who wish to develop their staff on the principles of Islamic finance that may lead to increase staff performance

• The programme is assessed though a mix of two practically focused home assignments and an end of course exam at ICMA Pakistan, Computer Lab (CBE).
• 50% marks on 2 home assignments
• 30% marks for the home assignments
• Participants must achieve 50% or above in the final exam to be eligible for the award of the Diploma. Pass mark is set at 50% with distinction achieved at 70%.
• The candidates will be required to undertake a 1.5 hours computer based examination (CBE).

• Module 1 : Islamic Commercial Jurisprudence
• Module 2 : Islamic Banking Operations& Takaful
• Module 3 : Islamic Treasury and Capital Markets
• Module 4 : Accounting for Islamic Financial Institutions
• Module 5 : Islamic Insurance
• Module 6 : Business Banking and Trust Law
• Module 7 : Islamic Commercial Law
• Module 8 : Islamic Ethics

• Interactive Session (based on 3 Months or 45 CPD hrs)
• The programme is delivered over a series of interactive sessions, based on 12 pillars equals to 3 Months or 45 CPD hrs.

The result will be displayed on the screen at the end of examination and a list of students will be posted on the notice board of respective centre.

• Participants who have actively taken part in the whole programme and have passed CBE Exam
• While this Diploma is in itself a valuable addition to the participant’s academic records, the CPD hours of this certificate will beneficial them in future.
• Attendance must be above overall 90%.

Following two types of certificates will be issued to participants:

i- Certificate of Participation:

Upon attending at least 70% classes’ Certificate of Participation’ will be awarded to each participant and CPD hours will be granted according to the actual attendance of participants.

ii- Certificate of Diploma:

Upon completion diploma certificate will be awarded to each participant. However, certificate of participation will be given to each participant for attending 70% classes.

• PKR 42,000 (excl. of all taxes) applicable to all members of accounting apex bodies.
• PKR 45,000 (excl. of all taxes) for other participants.

Fees for Re-attempt:

• Any participant who fails to qualify examination [CBE] may reappear in next schedule examination on payment of Rs. 3,000/- to get the Diploma Completion Certificate.

• Modules take place on Sunday, 12-4 pm at ICMA Pakistan, Head Office Karachi
• Orientation Session on Wednesday, March 06, 2019 at 6pm at ICMA Pakistan Head Office, ST-18/C, ICMAP Avenue, Block - 6, Gulshan-e-Iqbal, Karachi, Pakistan Karachi.
• Classes from March 17, 2019

• The registration form is available on request to below person
• The number of participants is limited in order to ensure a high quality level of the programme.

Maqsood un Nisa,
Sr.Officer Members’ Professional Development and Corporate Training,
ICMA Pakistan, ST-18/C, ICMAP Avenue, Block - 6, Gulshan-e-Iqbal, Karachi, Pakistan.
Phone: +92 21 99243900 | Ext: 224, maqsood.unnisa@icmap.com.pk