3.e Prospectus

15
Diploma in Islamic Banking & Finance (DIBF)  (Effec tive from 1st January 2015) Fast T rack Mode # 12-2-800/445, Dilshad Nagar , Mehdipatnam, Hyderabad-500028, T elangana, India.

Transcript of 3.e Prospectus

Page 1: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 1/14

Diploma in Islamic Banking & Finance (DIBF)

  (Effective from 1st January 2015)

Fast Track Mode

# 12-2-800/445, Dilshad Nagar, Mehdipatnam, Hyderabad-500028, Telangana, India.E-Mail: [email protected] | Website : www.islamicbankinst.com

Tel: 91-40-23522847

Page 2: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 2/14

The Institute

of Islamic Banking & Finance

CAUTION: No part or parts of this material including title designshould be transmitted, copied or reproduced in any form withoutwritten permission of the Institute. Any unauthorized use byindividuals/organizations will be liable for appropriate legal action.

# 12-2-800/445, Dilshad Nagar, Mehdipatnam, Hyderabad-500028, Telangana, India.E-Mail: [email protected] | Website : www.islamicbankinst.com

Tel: 91-40-23522847

Page 3: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 3/14

1.About the Dean

2.The Institute profile

3.The Program - DIBF

4.Methodology

5.Grant of Grades

6.Course Fees

7.Few of our Alumni - Indian and Overseas

8.Global presence of IIBF represented by National flags

1

2

3

4

5

6

8

10

  INDEX

Page 4: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 4/14

DEAN OF THE INSTITUTE

MBA (USA) CAIIB, B.Sc.Ag

Alumnus, Stephen .M.Ross School of Business Administration

University of Michigan, Ann Arbor, USA

Former General Manager, Faisal Islamic Bank of Kibris Ltd.

Turkish Republic of North Cyprus

&

Al Ameen Islamic Financial & Investment Corporation (India) Ltd.

Acclaimed Corporate Trainer for leading Information Technology Companies

in India for professionals handling Islamic Banking & Finance domain softwaredevelopment and testing for leading Islamic banks worldwide

M.A.Majeed Zubair

Page 5: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 5/14

1

ABOUT THE DEAN

The Institute of Islamic Banking and Finance is India's first and only

of its kind professional institution in this field conceived and founded

 by M.A.Majeed. A practicing professional Islamic Banker, Alumnus

of School of Business Administration, University of Michigan,USA.

Trained by the Islamic Foundation, Markfield, Leicester, UK in Islamic

Economics, banking and finance, He is the former GeneralManager,

Faisal Islamic bank of Kibris, Turkish North Cyprus and Cyprus IslamicOff Shore Bank Ltd. He is an Associate Member of the Institute of

Banking and Finance, India and Member Institute of Bankers, London,UK.

He has more than thirty years of experience in conventional and Islamic

 banking having worked with a leading Indian commercial Bank for

seventeen years and as General Manager of Al Ameen Islamic Financial

& Investment Corporation (India) ltd. He was a special invitee to

Islamic Republic of Iran as a special guest of the Central Bank of

Iran to study the Islamic banking system in the country.Hewas also

a special invitee to the Silver Jubilee celebrations of Islamic Development

Bank, Jeddah, and KSA .Invited to attend Islamic Finance Information

 program by Harvard University USA. Invited to various national and

international seminars in India and abroad. Guided a number of students

in India and abroad in thesis/dissertation for obtaining Master's and

Doctorate degrees by various Universities. He has visited a number

of countries including USA, UK, Iran, Turkey, and UAE. Bahrain andCyprus. The Dean is a well known and acclaimed corporate Trainer for 

leading Information Technology companies in India for training

software professionals in designing and testing of software in Islamic

 banking and Finance domain.

Page 6: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 6/14

2

THE INSTITUTE PROFILE

The Institute of Islamic Banking and Finance incorporated with the Government ofAndhra Pradesh at Hyderabad under Public Societies Registration Act-1995 in 1996is the country's maiden attempt at institutionalizing education at all levels in the fieldsof Islamic Economics, Banking and Finance. The Institute is a registered nonprofit,equal opportunity entity with no discrimination on the basis of religion, caste, colour creed or gender. It enjoys total autonomy in matters of education and training anddesigning of course material and conduct of training programs. Structurally the Institutefunctions on the lines of different professional bodies like the Institute of banking andFinance, The Institute of Chartered Accountants and Institute of Engineers working invarious countries worldwide. The Dean has the sole discretionary authority to designand implement all the educational and training programs, curriculum in consultation

with experts from the field for suggestions and guidance.

A few important aims and objectives of the Institute are;

1. To impart education and training to students desirous of getting acquainted with

  the laws of Islamic economics, banking and finance through self study,Open book   assessment system based on Assignments and Project work only with no formal

exams or contact sessions/classes/study centres.

2. To organize Executive Development Programs for working executives,graduates

  from India and all over the world in the field of Islamic banking and finance.

3. To conduct corporate training programs in the field of Islamic banking and finance

for Information Technology companies to train software professionals in the domain

  of Islamic banking and finance in developing and testing software.

4. To conduct extension lectures, organize and attend conferences and seminars on

relevant subjects and to present theme papers wherever invited.

5. To guide students for their thesis and dissertation for various Indian and Foreign

Universities in pursuance of their Graduate or Doctoral programs.

6. To discuss, negotiate and finalize tie ups with Indian and foreign Universities,

 professional bodies, similar institutes and organizations to promote and further

strengthen Islamic banking and financial system.

7. To invite foreign expertise in the field of education of management sciences with

 particular reference to Islamic banking and finance.

8. To enter into contracts with foreign organizations, institutions, professional bodies

  to arrange exchange of information and personnel connected with the subject.

9. To edit and publish a weekly, monthly, quarterly or annual journal or publication

in the field of Islamic banking and finance.

10. To design suitable tailor made courses to suit specific customized requirements

of clients as per individual specifications and to arrange to deliver the same.

Page 7: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 7/14

Genesis, Islamic economics, Conventional economics, Distributive justice inIslam, Public finance in Islam - Zakah, Kharaj & Ushr.Operational Islamic banking - Types of deposits, Nature and Categories.Instruments of Islamic banking;

IJARAH (Sole Leasing)IJARAH WA IKTINA (Lease cum purchase)

MURABAHA (Cost plus financing)MUSHARIKA (Profit and Loss sharing ventures)MODARABA (Profit Sharing ventures)ISTISNAA (Forward Purchase)SALAM (Agricultural forward purchase)QARD E HASAN (Interest free Loan)(All the above instruments of finance will be dealt with illustrations andwork outs.)

Islamic Capital Markets:

Islamic Mutual Funds, Islamic Bonds (SUKUK).Islamic Investment Banking,Islamic Private Equity .Islamic Wealth Management, Laws of inheritance - Al Wassiya (Bequeath- Will)Al Hiba (Gift), Al Waqf (Charity) and Al Faraid.Takaful - Islamic InsuranceIslamic Credit cardsIslamic Microfinance.Risk Management in Islamic Finance, Islamic Project Financing, Islamic

Contracts.Brief case study of select Islamic banks in Middle East and Europe.Shariah compliance, Shariah Advisory Board - Shariah supervision.Basel II Compliance for Islamic banks.Corporate Governance in Islamic Financial Institutions.Brief review of Islamic banking technology solutions - Profiles of few leadingIT Companies offering Islamic Finance software.Islamic Commodity trading.

  THE PROGRAM  DIPLOMA IN ISLAMIC BANKING & FINANCE

This program is based on the abridged version of the Post GraduateDiploma in Islamic Banking & Finance on a short term, intensive study formatthrough Video Enabled Virtual Classroom Sessions on an E-Learning platformwith the convenience of fast track study method with no assignments or projectwork like the Post Graduate Diploma in Islamic Banking and Finance(PGDBIF).

The course content will cover the following topics;

3

Page 8: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 8/14

Course material will consist of (i) A CD in PDF format of all the topics

mentioned above covered under different sections and (ii) A DVD of

Video Enabled Virtual Classroom Sessions on the above topics in which

the Dean will briefly discuss the various topics through a power point

 presentation. The student will have to start studying from the CD and

simultaneously view the video for elaboration and make suitable notes

of the important points covered.

2. Short Assessment Tests:

3. Consolidated Marks Memo:.

The student will be provided with a Consolidated Marks Memo for eachassessment test along with the Diploma. Requests for providing the same

and enquiries regarding grades obtained will not be entertained.

Students who fail to obtain a Passing Grade, that is scoring less than 60%

Marks (30/50 in short tests and 60/100 in final test) will be informed about

the same and they will have to resubmit the answers for the same test

questions.

METHODOLOGY AND MODE OF DELIVERYOF COURSE MATERIAL

1. Course material :

4

ASSESSMENTTESTS

MARKS

FIRST

SECOND

THIRD

FOURTH

FIFTH (FINAL)

TOTAL

50

50

50

50

100

300

The onus is on the student to submit the answer scripts promptly to the Institute

to complete the course within 3 months. Any delay in submission will be student’s

responsibility for creating backlogs causing administrative inconvenience.

REDUCED TO 100

Page 9: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 9/14

The calendar of dates when the course is offered during every year is asunder;

6. Duration: THREE MONTHS

7. Issue of Diploma:On successful completion of all five assessment tests the student will

 be entitled to award of Diploma for which the student has to submit

a scanned copy of degree certificate (original) and a fresh photograph.

 No requests for correction will be entertained once the diploma is printed.

It will normally take 15 working days for the processing, printing and

dispatch of Diploma. Students are requested not to send e-mails in this

regard reminding the Institute.

4. Grant of Grades:

5. Eligibility:Graduates in any discipline from any recognized University through

Regular or Distance, Candidates appearing for their final year degree

exams and those who have passed 10 + 2 in first division (Scoring 60%

or more marks in aggregate) are also eligible.

5

QUARTER LAST DATE FORREGISTRATION

DURATION

FIRST

SECOND

THIRD

FOURTH

January 1st - March 31st December 26th

April 1st - June 30th March 25th

July 1st - September 30th June 25th

October 1st - December 31st September 25th

% MARKS

91 – 100

81 – 90

71 – 80

61 – 70

Less than 60

GRADE

FAIL

A

B

C

D

Page 10: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 10/14

8. Course fee and mode of remittance :Rs.12,000/- (Rupees Twelve Thousand Only) payable lump sum withno installment or concession requests.

The candidate has the option of remitting the course fees through any of theTWO banks given below subject to the convenience of branch location and network.

(a) Direct Cash Deposit into our account :The candidate may visit the nearest branch of Oriental Bank ofCommerce (if convenient) and deposit the Course fees incash into our account free of cost as per the details given at the endof this paragraph. The amount is credited instantly and the Institute

(b) National Electronic Fund Transfer(NEFT):

The candidate can remit the fees from his/her own bank by visitingthe branch, through mobile banking or other electronic means subjectto the facility offered by their bank. The details for NEFT are given

 below. The Institute will get SMS immediately on credit to its account.

 Name of the Account : The Institute of Islamic Banking and Finance Name of the Bank : Oriental Bank of Commerce Name of the branch : Mehdipatnam, HyderabadAccount Number : 1058 2010 660520

 Nature of Account : SAVINGSIFSC CODE : ORBC0100684

gets an SMS about the same.

 Name of the Bank : Bank of India

 Name of the Branch : Mehdipatnam, Hyderabad

Account number : 8628 1011 0009856

 Nature of Account : SAVINGS

IFSC CODE : BKID0008628

Using similar procedure direct deposit of cash or remittance through NEFT

can also be done into our account with Bank of India.

6

Page 11: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 11/14

Further details:Tel: 040 23522847 E mail: [email protected]

Contact person Mr.Sameer

FOR LOCAL CANDIDATES :

Candidates from Hyderabad, Secunderabad and other GHMC areas canregister in person by calling on the Institute with duly filled up RegistrationForm and the course fees can be paid in cash and the study material collectedon the spot in person.

NOTE:

a) In case of Direct Cash Deposit and NEFT, the candidate should e-mail the

soft copy of the counterfoil indicating the number, date, bank’s name to

confirm receipt with our bank.b) Please note that the Course fees once paid will not be refunded nor transferred

  to another session or in somebody else's name and any requests for cancellation

  will not be entertained.

7

Page 12: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 12/14

8

FEW OF OUR ALUMNI

INDIAN AND OVERSEAS

Page 13: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 13/14

9

FEW OF OUR ALUMNI

INDIAN AND OVERSEAS

Page 14: 3.e Prospectus

8/9/2019 3.e Prospectus

http://slidepdf.com/reader/full/3e-prospectus 14/14

1. Abu Dhabi

2. Afghanistan

3. Algeria

4. Australia

5. Bangladesh

6. China

7. Czech Republic

8. Dubai

9. France

10. Hong Kong

11. Indonesia

12. Iran

13. Kuwait

14. Malaysia

15. Mauritius

16. Muscat

17. Qatar

18. Sharjah

19. Saudi Arabia

20. Sweden

21. USA

22. UK 

23. West Indies

24. Yemen

GLOBAL PRESENCE OF IIBF

REPRESENTED BY NATIONAL FLAGS