CIMA DIPLOMA IN ISLAMIC
FINANCE (CDIF) PREPARATORY
PROGRAMME
Leading Excellence in Islamic Finance
BIBF plays a vital role in the training and development of human capital in the Kingdom of Bahrain. Our commitment
to excellence has strengthened our position as the top provider of quality education across all major business
disciplines. We serve as a partner to numerous world-class institutions; delivering thought leadership, research
and advisory, assessment and training solutions in the areas of Accounting and Finance, Academic and Executive
development, Banking, Leadership and Management, Insurance, Islamic Finance and Information Technology;
resulting in a complete business solution.
BIBF covers a wide spectrum of subject matter, with almost 300 different courses offered to the financial and
corporate market; tailor-made training solutions based on organisational requirements; specialised programmes
taught by leading market specialists; and professional qualifications and degree programmes in partnership with
major international organisations.
BIBF continues to exceed global benchmarks for many of the qualifications it offers with its affiliates.
Since its inception in 1981, BIBF has grown from training 450 applicants a year primarily within the banking industry,
to 20,000 drawing participants from all sectors of the economy, and are proud to have qualified over 200,000 learners
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Our faculty comprise of market practitioners, academics and qualified senior industry professionals. Their diverse
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intro
The CIMA Diploma in Islamic Finance (CDIF) part of CIMA Islamic finance qualifications
The CIMA Diploma in Islamic Finance is the first qualification
offered by a professional chartered accounting body that focuses
on the fast growing sector of Islamic Finance. It is a part of the
CIMA Islamic finance qualifications, which examines individuals
on the comprehensive overview of the key areas of Islamic
banking and finance. The Diploma can be used as an entry route
into the main CIMA qualification, where a student can begin their
operational level courses. After passing the CDIF, a continuation to
the Advanced Diploma in Islamic Finance (CADIF) is also available
should students wish to take that route.
The CDIF preparatory programme
The CIMA Islamic finance qualifications are designed as distance
learning programmes where students can practice self-study on
the extensive material that is determined as the core book. For
students that want to prepare themselves better through in class
learning, BIBF provides extensive preparatory classes as detailed in
the programme structure in the later sections, for both the CDIF
and the CADIF. These programmes are also Tamkeen sponsored.
course
facts
Target Audience
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 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
Companies who wish to develop their staff on the
principles of Islamic finance that may lead to increase staff
performancCompanies who wish to develop their staff on the
principles of Islamic finance that may lead to increase staff
performance
Advantages of the CDIF Qualification
CDIF is designed to give individuals the following advantages:
The professional recognition of a CIMA international
qualification
Demonstrable expertise in the complex, fast-growing world of
Islamic finance
Give you skills in Shariah compliance and the complexities of
the contracts that underpin this compliance
Develop confidence in using the terminology and applying the
knowledge that sets Islamic finance apart from conventional
finance.
The possibility to progress onto the CIMA Advanced Diploma in
Islamic Finance
Why take the Preparatory Programme
The structure of the preparatory programme will have the
following advantages:
Give more self-assurance for the students who will take the
CDIF
Includes additional BIBF material supplementary to the CIMA
core material
Shorter and more intensive time frame of study
Prepare students through mock exams in order for them to train
themselves for the real exam
Allows unlimited face to face discussion through appointment
with subject experts of each module examined in the CDIF
Structure of the CDIF Qualification
The CDIF consist of the following modules, which will be concluded through an examination on each
subject:
Module 1
Module 2
Module 3
Module 4
Islamic
Commercial Law
Islamic Banking
and Takaful
Islamic Capital
Markets and
Instruments
Accounting for
Islamic Financial
Institutions
Examinations
All four modules will have an examinationthat will be taken at CIMA approved assessment centers using
a computer based assessment method. The pass mark for each of the examinations that consist of 40-50
multiple-choice questions is 65% and will take a maximum of 1 hour to complete.
Structure of the Preparatory Programme
The classes of each module will be delivered through lectures, discussions, and case studies.In the last
session students will be sitting a 1-hour mock exam that has been designed to be as similar as the actual
CDIF exam.
The preparatory programme will consist of in-class meetings of 30 hours for each module, divided into 10
class meetings of 3 hours a day. The classes will be held approximately 3 to 4 times a week; hence 1 module
will finish in 3.5 weeks and the total program will finish in less than 3 months time. Class timings will be in
the evening from 6PM to 9PM.
Entry Criteria of the Preparatory Programme
This is an open access qualification - no prior qualification or experience in Islamic banking is required.
However, work experience would indeed be advantageous. In terms of language requirements you will need
to provide evidence of English proficiency, if English isnt your first language.
Cost of the Preparatory Programme
Programme Faculty
See the attached registration form.
The faculty of teaching the preparatory
programme consist of subject specialists
that have vast knowledge and experience
in their respective areas of specialization.
Ahmad Asad
For more information on schedules, programme details, and Tamkeen sponsorship please contact:
Sumaya Zainalebedin
Administrative Coordinator
[email protected]
Alfatih Gessan P.
Senior Lecturer / Business
Development Manager
[email protected]
Contact details
If you wish to enquire about the external courses of the
Centre for Islamic Finance please contact:
Sumaya Zainalabedin / Alfatih Gessan P.
Tel: +973 1781 55384 / +973 1781 5539
Email: [email protected] / [email protected]
Leading Excellence in Islamic Finance
