IFM July Issue

1. July, 2015
Issue 1
Institute of Finance
& Management
In the First Issue:
 IFM: Introduction
 IFM Strategic Partners
 IFM Certificates
 Highlights: Latest News
 Mark Your Calendar
Highlights:
IFM signs MoU with ECT
IFM signs MoU with HBMSU
IFM signs MoU with IIRA
IFM signs MoU with ICRA
IFM signs MoU with IIIW
Monthly Newsletter- July 2015
Based on a sagacious
and strategic vision,
which supports the
concepts of Islamic
Economy, and seeks to
spread the same to the
world, and under the
umbrella of the
initiative of his
Highness Sheikh Faisal
Al Qassimi “Seek
Knowledge”, IFM, the
training institute
specialized in Islamic
financial, banking and
administrative training,
was launched.
Institute of Finance & Management (IFM)
Islamic Economy Knowledge Infrastructure
IFM provides a unique
range of certificates
with global partners.
IFM also presents the
services of professional
training to individuals,
establishments, banks
and organizations, by
providing occupational
training programs and
advisory services
specialized in Islamic
Economy, in addition
to other training
programs that support
the banking and
financial institutions by
means of an elite of
specialized experts and
trainers. IFM conducts
also conferences related
to Islamic Economy
globally.
IFM seeks to provide
training programs for
world certificates
issued by recognized
global institutions such
as IIRA, IICRA, IIFM,
IIIW, MIM and ICPAP.
In addition to this, IFM
provides a wide
spectrum of
management courses.
programs to cope with
the needs of the global
market through an e-
learning platform.Useful Links:
www.ifm.co.ae
www.acrie.ae
www.aafaq.ae
businessislamica.com
www.dcibf.ae
MARK YOUR CALENDAR
Workshop on Islamic
Arbitration with Hamdan
BM smart University on
Sept 19th
2015

2. Page 2 of 5
Page 2 of 5 IFM Monthly Newsletter
“The MoU establishes
a framework for
developing human
capital, resources and
capabilities in Islamic
Finance.”
Emirates College of
Technology has recently
stepped forward through
signing a Memorandum
of Understanding with
the Institute of Finance
and Management, a
pioneering consultancy
and training institute, on
June 23rd, 2015. By
signing this MoU,the two
parties expressed their
willingness to cooperate
with each other in
IFM & Emirates college of Technology Sign MoU
aafaq Islamic Finance,
a leading provider of
Islamic finance
products and e-
government services in
the UAE, has recently
signed a Memorandum
of Understanding
(MoU) with the Dubai
Centre for Islamic
Banking and Finance
(DCIBF) of Hamdan
Bin Mohammad Smart
University (HBMSU).
Aafaq and HBMSM Sign MoU
IFM and IIRA, the
international Islamic
Rating Agency signed
a collaboration
agreement to issue a
joint professional
certificate in Credit
Risk analysis, on the
IFM and IIRA Sign a cooperation Agreement in a
joint Professional Certificate
enabling students of ECT
to incorporate elements
of practical experience in
its programs and
strengthen their exposure
to best practices in
Islamic Finance.
As per this agreement,
Institute of Finance and
Management will align
its professional
certificates in Islamic
Banking and Islamic
Financial Markets with
the ECT curricula to
create an equivalency in
line with the Institute of
Finance and
Management
requirements. Therefore,
ECT students may apply
for a professional
certificate from the
Institute of Finance and
Management……
To continue reading:
http://www.ifm.co.ae/Hom
e.aspx?pg=news&index=
CMSN00008
The agreement was
signed by the
University’s
Chancellor,Dr. Mansoor
Al Awar, and H.E.
Abdul Jaleel Al-Blouki,
Vice Chairman of
“aafaq Islamic
Finance”, at the
HBMSU campus in the
presence of senior
officials from both
sides.
The MoU establishes
a framework for
facilitating collaboration
and cooperation between
aafaq and DCIBF in
developing human
capital, resources and
capabilities in Islamic
Finance….
To continue:
http://www.ifm.co.ae/Hom
e.aspx?pg=news&index=
CMSN00005
sidelines of the
Global Partners’
Success Forum held
in March 2015.
The Islamic
International Rating
Agency started
operations in July
2005 to facilitate
development of the
regional and national
financial markets by
delineating relative
investment or credit risk,
providing an assessment
of the risk profile
of entities and
instruments.
content to this newsletter

3. Page 3 of 5 IFM Monthly Newsletter
Institute of Finance &
Management- IFM and
International Islamic
Center for Reconciliation
and Arbitration- IICRA
sined a memorandum of
understanding to
cooperate in issuing
professional certificates on
Islamic Arbitration. This,
on the sidelines of aafaq
Partners’ Success Forum
held in March 2015 in
Dubai.
Both parties will, through a
channel of global agents,
provide two professional
certificates On Islamic
Arbitration jointly.
The first certificate is “The
IFM and IICRA cooperate in issuing the Certified
Islamic Arbitrator
Agency agreement was
signed with Arab Institute
for Accountants & Legal
(AIAL) in UAE, and Al
Bayan Center for Islamic
financial engineering in
Sudan whereby both
agents will be exclusive
training providers of IFM
global certificates in
Islamic finance.
IFM Signs Exclusive Agency Agreements with two
leading training providers in UAE and Sudan
“To catch the reader’s
attention, place an
interesting sentence or
quote from the story
here.”
Certified Islamic
Arbitrator” which lasts
for a period of three
months, entitles its
holder to become a
fellow expert in Islamic
finance Arbitration with
the Center IICRA.
Conditions apply as per
IICRA requirements.
The second certificate
is Islamic Arbitration
Certificate which last
for one week and
covers the basic
concepts of Islamic
Arbitration.
It is worth mentioning
that IICRA is an
international,
independent, non-profit
organization, and one
major infrastructure
institutions of the
Islamic finance
industry.
The center settles in all
financial and
commercial disputes
that arise between
financial or business
institutions that choose
to apply the provisions
of Islamic law, Sharia
principles, in resolving
disputes arise between
these institutions and
their clients or between
them and third parties
through reconciliation or
arbitration.
To know more about the
professional specialized
certificates and diplomas
issued by IFM in
partnership with
international institutions, in
the fields of Islamic
Finance & Management,
visit IFM website on:
http://www.ifm.co.ae/Hom
e.aspx?pg=certi
Caption describing picture or
graphic.

4. Page 4 of 5
Page 4 of 5 IFM Monthly Newsletter
Institute of finance &
Management-IFM and
International Institute of
Islamic Waqf- IIIW signed
a cooperation agreement
on the sidelines of aafaq
Partners’ success forum
which was held in March
2015, Dubai.
Both parties agreed to
issue joint professional
IFM Signs MoU with IIIW to issue joint Professional
Certificates on Waqf
“To provide a global
exposure of waqf
certificates through
Institute of Finance &
Management global
network agents”
“Our Global
Professional
Certificates”
certificates on waqf
management and sukuk,
in addition to a
professional diploma on
Waqf.
It is worth mentioning that
International Islamic
Institute of Waqf is located
in Malaysia and has
branches in KSA.
The purpose of the
agreement is to provide a
global exposure of waqf
certificates through
Institute of finance &
Management global
network agents.

5. Page 5 of 5 IFM Monthly Newsletter
Our Strategic Partners
Contacts
TEL
+97147058404
FAX
+97143306222
E-MAIL:
training@ifm.co.ae
Website
www.Ifm.co.ae
We’re on the Web!
INSTITUTE OF FINANCE &
MANAGEMENT
Business Bay
Single Business Tower
Floor 5, Office 501
Mark Your Calendar

6. ISLAMIC
FINANCE
ENCYCLOPEDIA
ACRIE pioneers in issuing the first
Arabic version of the Encyclopedia
on Islamic finance. A digital format
of the encyclopedia will be
uploaded to ACRIE website with
partial access granted to the
public.
Volume 1: Shari’a Framework in
Islamic Finance
Volume 2: Islamic Finance:
Concepts, Financing and
Investment Contracts
Volume 3: Emergence of Islamic
Financial Institutions (IFIs): A
Comparative Historical Study with
Conventional Financial Institutions
Volume 4: Islamic Banks: Banking
Services
Volume 5: Takaful Insurance: A
New Trend in Islamic Finance
Volume 6: Islamic Financial
Markets & Islamic Financial
Instruments
Volume 7: Islamic Arbitration
Volume 8: Islamic Waqf
Volume 9: Zakah in Islamic
Financial Institutions
Volume 10: Risk Management
and Credit Rating in IFIs
Volume 11: Governance in
Islamic Financial Institutions
Volume 12: Accounting
Treatments in IFIs
Aafaq
Center for
Research
in Islamic
Economy
……………
……………
……..Adve
nture
Works
Date of publication
5th
Floor Single Business
Tower, Sheikh Zayed
Road, Business Bay,
P.O. Box 282400, Dubai,
UAE
Phone (971) 4-705-8404
Ext.180
Fax (971) 4-330-6222
www.acrie.ae
info@acrie.ae
‫االسالمي‬ ‫االقتصاد‬ ‫ألبحاث‬ ‫آفاق‬ ‫مركز‬

7. OVERVIEW
ACRIE is a platform that brings
together researchers,
academicians and practitioners in
Islamic Economy. ACRIE strives to
implement the vision of Dubai
through building strategic
partnerships with globally
recognized academic and
professional entities such as
International Shari’a Research
Academy-ISRA in Malaysia and
many other multilateral institutions
involved in research and
development.
ACRIE creates its identity and
where appropriate a shared
environment for specialist
thematic, multi-disciplinary
research bringing together
academic staff, postgraduate
students and practitioners working
on common interests. Its main
objective is to provide a
mechanism for the economy to
develop active research in the field
of Islamic economy.
OUR
VISION
To become the leading research
center in Islamic Economy
OUR
MISSION
 To conduct thematic,
multidisciplinary research
addressing strategic and
practical research
questions in Islamic
Economics
 Target academics and
practitioners with up-to-
date information on
Islamic Economy
 To be socially responsible
through assisting
academic institutions and
researchers by providing
them with accurate data
and information
 To disseminate
awareness globally
through providing
directories, encyclopedia
and publications
OUR
VALUES
 Social responsibility
 Integrity in information
source and delivery
OUR
STRATEGIC
GOALS
 Spread awareness on
Islamic Economy
 Promote capacity building
OUR
OBJECTIVES
 To disseminate
awareness through
providing digital and
online services and
products for use by the
biggest geographic
audience
 To issue the latest
publications to academia
and practitioners
 To build long term
partnerships with
multilateral institutions
and organizations
 To help in capacity
building through Institute
of Finance &
Management (IFM)
OUR
SERVICES
 Events
 Fatawa
 Standards in Islamic
Finance (IF)
 Laws in IF
 Mubadara (initiative)
 Market induces
 Consultancy Services
OUR
PRODUCTS
 The Encyclopedia
 Global IF Directory
 In-Depth Journal
 Periodic Reports
 Videos
 E-Books
 Mobile Fatawa App
OUR
PARTNERS
Phone (971) 4-705-8404
Ext.180
Fax (971) 4-330-6222
www.acrie.ae
info@acrie.ae