The Maldives Capacity Development and Governance Institute (MCDGI) has organized a first of its kind “three days’ intensive, interactive and practical workshop covering the aspects of Islamic banking, finance and Takaful.”

The three-day workshop will be held from 24 August until 26 August 2019 according to the organizer.

The Islamic Finance Qualification (IFQ) is a global qualification which covers “Islamic finance from both a technical and Sharia’a perspective offered by the Chartered Institute of Securities & Investments (CISI).”

The three-day workshop will cover the syllabus contents along with case studies, practical aspects and a preparation exam. The workshop will also enable its participants to sit for the CISI-UK exam in a prometric-center to get qualification and then apply for the Associate Membership from CISI-UK directly.

According to MCDGI the workshop will be delivered by Mr Muath Mubarak, a qualified Chartered Management Accountant by profession and a banker, trainer and writer by practice in the field of Islamic banking and finance since 2006.

Mr Mubarak is experienced in the field of management accounting, financial control, strategic planning, regulatory compliance, corporate strategy, training and career development in Islamic banking and finance industry.

The registration fee for the workshop is MVR3,000 and includes materials and tea breaks while the workshop is in session. The deadline for registration is 21 August 2019.

On the first day of the workshop the chapters covered include “The Basis of Islamic Banking and Finance”, “An Introduction to Islamic Banking and Finance”, “Islamic Principles of Exchange”, “Basic Contracts and Their Treatment” and “Financial Contracts and Techniques Applied by Islamic Banks.”

The second day of the workshop will cover topics such as “Islamic Asset Management and Socially Responsible Investing”, “Sukuk Market”, “Islamic Insurance – Takaful” and “Islamic Corporate Governance.”

The third-day of the workshop will include revisions as well as the mock exam with IFQ examination preparation tips delivered in session.