home Latest News Get Certified in Wealth Management and Islamic Banking and Finance – Proshare Nigeria Limited

Get Certified in Wealth Management and Islamic Banking and Finance – Proshare Nigeria Limited

This post was originally published on this site

https://lh4.googleusercontent.com/proxy/hxu-ydVvHvC0jz7z2bMbpUvAw3vwX6ukb8UEvhXxgBXwj5Im6P6b0yTx_qGrCUs31Vk8NM-yWvYFlZcyyurudIrkzzx-Pb3Be8bEOV3QONSZBw=-w150-h150-c

Thursday, August 15 2019  10:52 AM / NSE X-Academy, CISI / Header Image Credit: Investopedia

 

Fundamentals of Islamic Banking and Finance

 

What is Fundamentals of Islamic Banking and Finance?

This qualification provides an introduction to the philosophy of Islamic banking and finance and offers an overview of the financial services  industry. Developed in conjunction with the Bahrain Institute of Banking and Finance (BIBF), with industry experts and practitioners, it is ideal for those wishing to start a career in Islamic banking and finance, or for those wishing to further their studies and research related to this field. It covers the key Islamic banking and finance principles and concepts including Islamic economics and its worldview, infrastructure and history, Islamic business ethics, and Shariah and Fiqh principles.

 

 Key features

• First step in the CISI’s Islamic Finance qualification pathway

• Ideal for induction purposes – can be integrated into induction programmes to ensure a benchmark level of understanding amongst all employees

• Demonstrates expertise in the fast-growing world of Islamic banking and finance

• Available in Arabic – the exam can be taken in English or Arabic

• Free CISI Student membership – become associated with a Chartered professional body and take advantage of an extensive range of benefits

 

Ofqual approval

Fundamentals of Islamic Banking & Finance is regulated by Ofqual (on its Regulated Qualifications Framework) as the level 2 Award in Fundamentals of Islamic Banking & Finance. The Total Qualification Time for this qualification is 81 hours. Visit cisi.org/ofqual. On the European Qualifications Framework, this equates to a level 3 qualification. For further information visit cisi.org/eqf

 

Studying for this qualification

You can choose to self-study for the exam using the CISI workbook and sample paper or have formal training with one of our Accredited Training Partners (ATP). To find an ATP near you visit, cisi.org/atp

 

The CISI’s learning manual policy requires, where available, the most up-to-date CISI learning manual to be purchased when booking an exam, including by an ATP on your behalf. This applies to all candidates sitting CISI exams in the UK (includes Northern Ireland, Guernsey, Jersey and Isle of Man). Candidates sitting CISI exams outside of the UK will receive the most up-to-date learning manual for that subject in PDF format and this is included in the international exam price.

 

My Study

The CISI has a variety of tools and information available to help you in the preparation for sitting your exam. You can find sample papers, study tips and exam information – all located in one place, visit cisi.org/mystudy

 

Syllabus Summary

• Islamic Economics and its Worldview

• History and Evolution of Islamic Banking and Finance

• Islamic Business Ethics

• Islamic Banking and Finance Features

• Shariah and Fiqh Principles

• Islamic Banking and Finance Infrastructure

 

Assessment

The qualification is completed by passing a 1 hour exam of 30 multiple-choice questions.  The exam is delivered by Computer Based Testing (CBT). A worldwide network of test centres is available, ensuring flexible scheduling, instant results and ease of completing the exam on screen. Visit cisi.org/cbt to find your nearest venue.

 

 Next steps

The CISI offer a range of qualifications and membership opportunities to suit those aspiring to work in the industry, right through to the most experienced professionals. After successfully completing this qualification we can support you throughout your career to help you demonstrate professional excellence.  To further theoretical and practical knowledge upon completion of this exam you can proceed to the Islamic Finance Qualification (IFQ). Visit cisi.org/ifq CISI membership enables you to develop your career, increase your competence and maintain the highest standards of personal integrity. Our programme of free professional benefits assists you to keep up to date with the industry. Visit  cisi.org/membership  

 

International Certificate in Wealth and Investment Management (ICWIM)

 

What is the ICWIM?

Growing prosperity is increasing the demand for private banking services, whilst the turmoil in the financial markets demonstrates the need for robust and focused solutions to help clients withstand market volatility and preserve their wealth. ICWIM covers the essentials of financial planning, private client asset management, fund management, advisory functions and investment analysis from a global perspective.  You will learn about the range of assets and investment products available in the market and you will gain the knowledge to provide financial advice and find appropriate solutions to meet the investment, retirement and protection planning needs for your clients. ICWIM is suitable for individuals engaged in private client asset management and fund accounting.

 

Who should study the qualification?

The qualification’s broad focus on wealth and investment management makes it suitable for a wide audience – from new entrants to financial services to professionals already working in the industry who may be interested in diversifying into wealth management. 

 

It is an ideal alternative for staff working in wealth management roles who need to demonstrate competence through the achievement of a benchmark qualification and who want to develop an understanding of how to deliver wealth management advice.

 

The ICWIM meets the needs of those firms who want to ensure that staff are able to provide high-quality advice and the qualification can be included into staff induction programmes. 

 

Key features

• Prepare for a career in wealth management – ICWIM provides a comprehensive introduction to financial planning, industry regulation, investment analysis and lifetime financial provision

• First step in the CISI’s wealth/retail pathway – you can build upon this qualification by progressing to higher level CISI wealth/retail qualifications

• Available to all – the qualification has no entry requirements

• Globally focused – provides knowledge of the key wealth management principles without focusing specifically on one jurisdiction

• Free CISI Student membership – become associated with a Chartered professional body and take advantage of an extensive range of benefits

• ACSI designatory letters

 

Ofqual approval

ICWIM is regulated by Ofqual (on its Regulated Qualifications Framework) as CISI Level 3 Certificate In Wealth & Investment Management. The Total Qualification Time for this qualification is 154 hours.  Visit cisi.org/Ofqual. On the European Qualifications Framework, this equates to a level 4 qualification. For further information visit cisi.org/eqf

 

Syllabus summary 

The Financial Services Industry – The function of the financial services industry, macroeconomics analysis, microeconomic theory   and financial markets

 

Industry Regulation – Financial services regulation, financial crime and corporate governance

 

Asset Classes – Cash, property, bonds, equities, derivatives and commodities

 

Collective Investment – Investment funds and other investment vehicles

 

Fiduciary Relationships – Fiduciary duties, advising clients and determining client needs

 

Investment Analysis – Calculating statistics, financial mathematics, fundamental and technical analysis, yields and ratios   and valuations

 

Investment Management – Investment services, investment funds, other investment vehicles including structured investment   funds, hedge funds, private equity,  commodity funds and sukuk investments, risk and return,   portfolio construction theories, investment strategies and performance management

 

Lifetime Financial Provision – Retirement planning, protection planning, estate planning and trusts, business tax, personal tax   and overseas taxation

 

View the full syllabus at cisi.org/icwim

 

Studying for the ICWIM

154 hours of study time is recommended and you can self-study for the exam using the CISI learning manual and accompanying elearning material or have formal training with one of our Accredited Training Partners (ATP). To find an ATP near you visit cisi.org/atp The CISI’s learning manual policy requires, where available, the most up-to-date CISI learning manual to be purchased when booking an exam, including by an ATP on your behalf. This applies to all candidates sitting CISI exams in the UK (includes Northern Ireland, Guernsey, Jersey and Isle of Man). Candidates sitting CISI exams outside of the UK will receive the most up-to-date learning manual for that subject in PDF format and this is included in the international exam price.

 

Assessment

ICWIM is assessed via a two-hour 100 multiple-choice question exam. The pass mark is 70%. The exam is delivered by Computer Based Testing (CBT). A worldwide network of test centres is available, ensuring flexible scheduling, instant results and ease of completing the exam on screen. Visit cisi.org/cbt to find your nearest cbt centre.

 

Next steps

CISI membership 

If you are not currently a CISI member you will receive free CISI Student membership whilst you study and have access to a wide range of benefits. Upon successful completion of the ICWIM you will be eligible to become an Associate member of the Institute and you will be entitled to use the designatory letters, ACSI. CISI membership enables you to develop your career, increase your competence and maintain the highest standards of integrity.  You can ultimately strive to achieve personal chartered status, the pinnacle of CISI membership. Visit cisi.org/ membership

 

Higher level CISI qualifications

• International Certificate in Advanced Wealth Management (ICAWM)

• Chartered Wealth Manager Qualification – the qualification offers wealth managers (including discretionary portfolio managers, private bankers, IFAs and others dealing with high net worth clients) a postgraduate level specialist qualification encompassing the breadth of knowledge needed to provide a high quality service to clients. cisi.org/cwmq

 

International Introduction to Investment

 

What is the International Introduction to Investment?

This qualification provides a comprehensive introduction to the financial services industry with a specific focus on investments from a global perspective. It is the first step in the CISI’s qualification pathway, and it is taken by many practitioners as it is the foundation exam for higher level CISI qualifications.

 

The qualification covers key financial principles and products including assets and markets, equities, bonds, derivatives, investment funds, retirement planning, loans, mortgages and life assurance. It explores the broader economic environment in which the financial services industry operates and looks at how economic activity is determined and managed in different economic and political systems.

This qualification offers a first introduction to financial services regulation focusing on financial crime, insider trading and market abuse, and provides candidates with an understanding of ethical behaviour and acting with integrity.

 

Who should study the International Introduction to Investment?

It is intended for new entrants and staff who are beginning their career in the financial services industry. The broad topics covered make the qualification suitable for all staff, not just those responsible for making investment decisions, including administration, finance and accounting, IT, customer service, sales and marketing and HR and training.

 

Key features

• A comprehensive entry-level qualification – provides a detailed overview of investment and industry terminology from a global perspective

• First step in the CISI’s qualification pathway – can be taken as a stand-alone qualification or as part of the Investment Operations Certificate (IOC)

• Ideal for induction purposes – can be integrated into induction programmes to ensure a benchmark level of understanding amongst all employees

• Free CISI Student membership – become associated with a Chartered professional body and take advantage of an extensive range of benefits

 

Syllabus Summary

• Introduction

• Economic environment

• Financial assets and markets

• Equities

• Bonds

• Derivatives

• Investment funds

• Financial services regulation

• Other financial products

 

Studying for the International Introduction to Investment

80 hours of study is recommended for this exam. You can choose to self-study for the exam using the CISI workbook and elearning or have formal training with one of our Accredited Training Partners (ATP). To find an ATP near you visit, cisi.org/atp

 

The CISI’s workbook policy requires, where available, the most up-to-date CISI workbook to be purchased when booking an exam, including by an ATP on your behalf. This applies to all candidates sitting CISI exams in the UK (includes Northern Ireland, Guernsey, Jersey and Isle of Man). Candidates sitting CISI exams outside of the UK will receive the most up-to-date workbook for that subject in PDF format and this is included in the international exam price.

 

MyStudy

The CISI has a variety of tools and information available to help you in the preparation for sitting your exam. You can find sample papers, study tips and exam information – all located in one place, visit cisi.org/mystudy

 

Assessment

The International Introduction to Investment is assessed via a one-hour exam consisting of 50 multiple-choice questions. The pass mark for the exam is 70%. The exam is delivered by Computer Based Testing (CBT). A worldwide network of test centres is available, ensuring flexible scheduling, instant results and ease of completing the exam on screen. Visit cisi.org/cbt to find your nearest venue.

 

Next steps

CISI Membership

 

If you successfully complete the International Introduction to Investment you will be eligible for Affiliate membership of the CISI. Membership enables you to develop your career, increase your competence and maintain the highest standards of personal integrity. The programme of free professional benefits assists you to keep up to date with the industry. Visit cisi.org/membership

 

Further CISI qualifications

Completing this foundation qualification will give you access to further CISI qualifications including the full Investment Operations Certificate (IOC). Visit cisi.org/ioc

 

Proshare Nigeria Pvt. Ltd.

Related News

1.       An Overview of AI for Wealth Management – What’s Possible Today?

2.      TR Report Reveals Challenges And Opportunities Faced By Wealth Management Industry Digitalization

3.      Akinkugbe, Awoyemi charge young Nigerians on investments and wealth management

4.      DMO Lists FGN Second N100bn Sukuk On NSE

5.      Islamic and Ethical Financing: Harnessing New Asset Class to Empower the Nigerian Economy

6.      Industry Experts Explore Opportunities for Islamic Finance in Nigeria

7.      NSE Set to Accelerate Islamic Finance in Nigeria

8.     The CFA and SEDCO Capital Partners To Showcase Best-Practice ESG Integration In The EMEA Region

9.      FBNQuest and Muslim Faithful Share Insights on the importance of Islamic Estate Planning

10.  Dubai Financial Services Authority Takes Action To Protect The Integrity Of Islamic Finance

 

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.