Diploma in Islamic Banking & Finance (DIBF)

Fast Track Mode

(Effective from 1st January 2015)
# 12-2-800/445, Dilshad Nagar, Mehdipatnam, Hyderabad-500028, Telangana, India.
E-Mail: info@islamicbankinst.com | Website : www.islamicbankinst.com

Tel: 91-40-23522847

The Institute
of
Islamic Banking & Finance
# 12-2-800/445, Dilshad Nagar, Mehdipatnam, Hyderabad-500028, Telangana, India.
E-Mail: info@islamicbankinst.com | Website : www.islamicbankinst.com

Tel: 91-40-23522847

CAUTION: No part or parts of this material including title design

should be transmitted, copied or reproduced in any form without
written permission of the Institute. Any unauthorized use by
individuals/organizations will be liable for appropriate legal action.

INDEX
1.About the Dean

2.The Institute prole

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 ags

10

DEAN OF THE INSTITUTE

M.A.Majeed Zubair
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 software
development and testing for leading Islamic banks worldwide

ABOUT THE DEAN

The Institute of Islamic Banking and Finance is India's rst and only
of its kind professional institution in this eld 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, Markeld, Leicester, UK in Islamic
Economics, banking and nance, He is the former GeneralManager,
Faisal Islamic bank of Kibris, Turkish North Cyprus and Cyprus Islamic
Off 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 and
Cyprus. 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.

THE INSTITUTE PROFILE

The Institute of Islamic Banking and Finance incorporated with the Government of
Andhra Pradesh at Hyderabad under Public Societies Registration Act-1995 in 1996
is the country's maiden attempt at institutionalizing education at all levels in the elds
of Islamic Economics, Banking and Finance. The Institute is a registered nonprot,
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 and
designing of course material and conduct of training programs. Structurally the Institute
functions on the lines of different professional bodies like the Institute of banking and
Finance, The Institute of Chartered Accountants and Institute of Engineers working in
various countries worldwide. The Dean has the sole discretionary authority to design
and implement all the educational and training programs, curriculum in consultation
with experts from the eld 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 nance 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 eld of Islamic banking and nance.
3. To conduct corporate training programs in the eld of Islamic banking and nance
for Information Technology companies to train software professionals in the domain
of Islamic banking and nance 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 nalize tie ups with Indian and foreign Universities,
professional bodies, similar institutes and organizations to promote and further
strengthen Islamic banking and nancial system.
7. To invite foreign expertise in the eld of education of management sciences with
particular reference to Islamic banking and nance.
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 eld of Islamic banking and nance.
10. To design suitable tailor made courses to suit specic customized requirements
of clients as per individual specications and to arrange to deliver the same.

THE PROGRAM
DIPLOMA IN ISLAMIC BANKING & FINANCE
This program is based on the abridged version of the Post Graduate
Diploma in Islamic Banking & Finance on a short term, intensive study format
through Video Enabled Virtual Classroom Sessions on an E-Learning platform
with the convenience of fast track study method with no assignments or project
work like the Post Graduate Diploma in Islamic Banking and Finance(PGDBIF).

The course content will cover the following topics;

Genesis, Islamic economics, Conventional economics, Distributive justice in
Islam, Public nance 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 nancing)
MUSHARIKA
(Prot and Loss sharing ventures)
MODARABA
(Prot Sharing ventures)
ISTISNAA
(Forward Purchase)
SALAM
(Agricultural forward purchase)
QARD E HASAN
(Interest free Loan)
(All the above instruments of nance will be dealt with illustrations and
work 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 Insurance
Islamic Credit cards
Islamic Micronance.
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 - Proles of few leading
IT Companies offering Islamic Finance software.
Islamic Commodity trading.
3

METHODOLOGY AND MODE OF DELIVERY

OF COURSE MATERIAL
1. Course material :
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 briey 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:

ASSESSMENT
TESTS

FIRST

MARKS

SECOND

50
50

THIRD

50

FOURTH

50

FIFTH (FINAL)

100

TOTAL

300

REDUCED TO 100
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 students
responsibility for creating backlogs causing administrative inconvenience.

3. Consolidated Marks Memo:.

The student will be provided with a Consolidated Marks Memo for each
assessment 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 nal test) will be informed about
the same and they will have to resubmit the answers for the same test
questions.
4

4. Grant of Grades:
% MARKS
GRADE
91 100
A
81 90
B
71 80
C
61 70
D
Less than 60
FAIL
5. Eligibility:
Graduates in any discipline from any recognized University through
Regular or Distance, Candidates appearing for their nal year degree
exams and those who have passed 10 + 2 in rst division (Scoring 60%
or more marks in aggregate) are also eligible.

6. Duration: THREE MONTHS

The calendar of dates when the course is offered during every year is as
under;
LAST DATE FOR
QUARTER
DURATION
REGISTRATION
FIRST
SECOND

January 1st - March 31st

April 1st - June 30th

THIRD

July 1st - September 30th

FOURTH

October 1st - December 31st

December 26th
March 25th
June 25th
September 25th

7. Issue of Diploma:
On successful completion of all ve assessment tests the student will
be entitled to award of Diploma for which the student has to submit
a scanned copy of degree certicate (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.

8. Course fee and mode of remittance :

Rs.12,000/- (Rupees Twelve Thousand Only) payable lump sum with
no installment or concession requests.
The candidate has the option of remitting the course fees through any of the
TWO 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 of
Commerce (if convenient) and deposit the Course fees in
cash into our account free of cost as per the details given at the end
of this paragraph. The amount is credited instantly and the Institute

gets an SMS about the same.

(b) National Electronic Fund Transfer(NEFT):

The candidate can remit the fees from his/her own bank by visiting
the branch, through mobile banking or other electronic means subject
to 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
Name of the Bank
Name of the branch
Account Number
Nature of Account
IFSC CODE

: The Institute of Islamic Banking and Finance

: Oriental Bank of Commerce
: Mehdipatnam, Hyderabad
: 1058 2010 660520
: SAVINGS
: ORBC0100684

Using similar procedure direct deposit of cash or remittance through NEFT

can also be done into our account with Bank of India.
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
6

FOR LOCAL CANDIDATES :

Candidates from Hyderabad, Secunderabad and other GHMC areas can
register in person by calling on the Institute with duly lled up Registration
Form and the course fees can be paid in cash and the study material collected
on 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, banks name to
conrm 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.

Further details:
Tel: 040 23522847 E mail: info@islamicbankinst.com
Contact person Mr.Sameer

FEW OF OUR ALUMNI

INDIAN AND OVERSEAS

FEW OF OUR ALUMNI

INDIAN AND OVERSEAS

GLOBAL PRESENCE OF IIBF

REPRESENTED BY NATIONAL FLAGS

1. Abu Dhabi

13. Kuwait

2. Afghanistan

14. Malaysia

3. Algeria

15. Mauritius

4. Australia

16. Muscat

5. Bangladesh

17. Qatar

6. China

18. Sharjah

7. Czech Republic

19. Saudi Arabia

8. Dubai

20. Sweden

9. France

21. USA

10. Hong Kong

22. UK

11. Indonesia

23. West Indies

12. Iran

24. Yemen

10