THE CENTRE FOR

ISLAMIC
FINANCE
SUPPORTED BY

Advanced Diploma
in Islamic Finance (ADIF)

BANKING Profile
The BIBF is a semi-government training institute
ACCOUNTING & FINANCE affiliated with the Central Bank of Bahrain,
established in 1981. The Institute plays a vital
role in the training and development of human
ISLAMIC FINANCE
capital in Bahrain, and beyond.
GLOBAL REACH 64
The BIBF qualifies over 20,000 learners a year across
all major business disciplines and economic sectors.
Since its establishment, it has provided training and
development opportunities in 64 countries giving the
institute a global footprint.

DIGITAL TRANSFORMATION The BIBF’s commitment to excellence has

& PROJECT MANAGEMENT
strengthened its position as the leading
The BIBF has delivered
educational provider across all major business
INSURANCE disciplines. The Institute serves as a partner to training to over

360,000
numerous world-class institutions; delivering
LEADERSHIP &
Thought Leadership, Assessment and Training
MANAGEMENT in the areas of Banking, Islamic Finance,
Executive Development, Accounting and
EXECUTIVE Finance, Academic Studies, Leadership and
LEADERSHIP
Management, Insurance, Digital Transformation, students in 64 countries
Project Management and Supply Chain since its inception in 1981
ACADEMIC Management; resulting in a complete business
STUDIES
solution.
 ABOUT ISLAMIC
FINANCE CENTRE
The Centre for Islamic Finance was established in
1997 to assist in fostering the growth of the Islamic
banking community throughout the Middle East and
in other traditional commercial banking communities.
The learning experiences provided through the
Centre focus on operations, products and services,
management development, and professional
qualifications.
Drawing upon the organized support of the financial
sector in Bahrain as a hub of Islamic finance,
collaboration with major service institutions such as
SELECT GLOBAL
PARTNERS
the Accounting and Auditing Organization for
Islamic Financial Institutions (AAOIFI) and patronage
of the Central Bank of Bahrain, the Centre has gained
access to industry experts worldwide to ensure that
its courses and Programs - both professional and
academic - are relevant, contemporary and practical.
The Centre also provides advisory and technical
services to clients wishing to structure Islamic
products or gain access to the Middle East capital
markets or who need governance and regulatory
framework development assistance.

WHY THE CENTRE FOR ISLAMIC FINANCE?

EXPERIENCE
• Partners of top institutions such as the World Bank, AAOIFI, IFSB and IDB, just to name a few
• Rich heritage of Islamic Finance training and education since 1997
• Trained 11,000+ professionals and students globally, in 20+ countries
• A robust training offering of 60+ different titles and qualifications

RESOURCES
• Content development supported by Central Bank of Bahrain and Waqf Fund for development of Islamic
Finance training, education and research
• Faculty consisting of experienced practitioners and academics
• Presence in Bahrain and access to Islamic finance institutions and industry bodies, such as AAOIFI, IIFM,
and IFSB in the development and reviewing of material

METHODOLOGY
• BIBF combines training capabilities across conventional and Islamic finance, providing comprehensive and
holistic offerings
• Result-oriented training philosophy, including pre and post-training impact assessments
• BIBF’s methodology focusses on quality, hence BIBF is the role model training institution in Bahrain when
it comes to professional training and development

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 A FOCUS ON OUR DID YOU
METHODOLOGY KNOW?
Professional
Qualifications
Advanced Diploma
PRIMARY Capacity Building for Market in Islamic Finance
Operators and Regulators (ADIF)

• Given the specialized nature of Islamic and non-interest participatory

banking/finance, capacity building is paramount
• A multi-staged approach starting from introductory level courses
leading to more technical workshops including Islamic capital
market products, product development
Bahrain has the highest
number of Islamic
Strategy Finance Infrastructure
• Facilitating the market entry strategy
Organisations
• Segmentation of the Muslim population and targeted strategy for
each identified segment
• How to gain credibility both domestic and international
• How the change will be managed alongside the existing framework

Governance & Regulations

SECONDARY • Does your current governance structure support/align with the
Islamic financial services strategy?
• How will the organizational structure evolve to support Islamic
financial services?
• Risk management – are the risks associated with underlying
products understood?

Awareness
• What will the marketing strategy be?
• Increasing public and consumer awareness through conferences,
town hall meetings, newspaper insertions,
• Rradio programs & TV discussions, billboards and road shows
• Stakeholder engagement including Advisory Committee of Experts
(ACE) scholars training
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 Global
Footprint
DID YOU
KNOW?

There are currently

45 countries
with Islamic finance
23 years of experience
regulation

60+ Training offerings

Training in over 20 countries

A 9
 DID YOU
KNOW?

that Thomson Reuters

rates Bahrain as the

#1 jurisdiction in the world for

Islamic Banking and Finance
Regulations

THE ADVANCED DIPLOMA

IN ISLAMIC FINANCE (ADIF) The Advanced Diploma in Islamic Finance (ADIF) offers a post-
graduate diploma level qualification addressing the needs of
both Islamic and conventional financial institutions providing
Islamic banking services and products. It has been designed to
provide a professional qualification for commerce graduates
to initiate a career in the banking sector and to enhance career
opportunities for those who are already in the banking sector.
ADIF emphasises on the practical aspects of Islamic Banking and
Finance while providing a fair grounding of the jurisprudential
foundations of Islamic banking.

SUPPORTED BY

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 THE ADVANCED DIPLOMA IN ISLAMIC FINANCE (ADIF)
Overview
As a result of growth of the Islamic banking and finance industry, there
is a continuous critical need for banking professionals who are grounded
in their understanding of the substance and form of Islamic Finance.
ADIF offers a post-graduate diploma level qualification addressing the
needs of both Islamic and conventional financial institutions providing
Islamic banking services and products. It has been designed to provide a
professional qualification for commerce graduates to initiate a career in
the banking sector and to enhance career opportunities for those who are
already in the banking sector.
DID YOU
Programme KNOW?
Benefits of enrolling for ADIF
ADIF • Offers an intellectually stimulating environment in which students can
develop their knowledge, understanding and analysis related to the
field of Islamic banking and finance
• Provides students with an understanding of the jurisprudential and
theoretical fundamentals core to Islamic banking and finance.
• A well-reputed Islamic Finance qualification in the region at the level
of a post graduate diploma that strikes the perfect balance between
theoretical and practical knowledge. As of 2017 globally there
• Develop the ability to apply the knowledge and skills they acquired to are 688 education and
practical the problems in their banking careers. training providers that
disseminate Islamic finance
knowledge

Programme Structure
ADIF consist of the following modules, which will be concluded through an examination on each subject:

Module 1 Module 2 Module 3 Module 4 Module 5 Module 6

Islamic Islamic Treasury Accounting for Islamic Insurance Business Banking
Islamic Banking
Commercial and Capital Islamic Financial and Trust Law
Operations
Jurisprudence Markets Institutions

The classes of each module will be delivered through lectures, discussions, and case studies. 48 hours
are allocated for each module, divided into 15 class meetings of 3 hours a day. The classes will be held
3 times a week; where 3 modules will be taught for each semester. Class timings will be in the evening
from 6pm to 9pm.

Examinations
After the last session students will sit a 3-hour final exam, making up 60% of the overall assessment for
each module in addition to the 20% awarded for a final project and 20% for assignments and in-class
exercises.

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 FAST TRACK ROUTE
Msc Coventry University
MBA Bolton University
CIPA AAOIFI

DID YOU
KNOW?
The first Islamic bank
ever established
Distance Learning option available was Dubai Islamic
Bank, back in 1975

Admission One of the two important requirements below must be fulfilled by candidates of the programme in
Criteria order to gain entry:
• The individual has a bachelors level degree in one of the following fields: Banking, Finance, Islamic Banking,
Finance, Business Administration, Economics, Marketing, and Accounting or a professional qualification that
are of the same level and of relevant specialisation. Individuals who have a specialisation in Shariah may also
be eligible for the programme but will need to take additional courses related to Accounting and Finance.
• The individual has at least three years of working experience in the field of Banking or Islamic banking and
Finance.
The Programme is conducted in English and as a result, candidates are expected to have a good working
knowledge of English in order to progress through the course of study. In exceptional cases, applicants may be
required to take an entry examination and/or interview for enrolment conducted at BIBF by the programme
coordinator or Head of Centre for Islamic Finance.
The above filtering is done by a committee set up by the Centre for Islamic Finance, whose task is to ensure that
all individuals upon entering into the programme fulfil the minimum requirements that have been set.
Fees The programme fee structure (in Bahraini Dinars) is as follows:
Registration : 15 (Non-refundable)
Fee per module : 400 (For every 50 hours)
Alternative Exam Fee : 25
Fees are payable at the time of registration for a module. Module Fees are fully refundable (100%) if the
candidate decides to withdraw one week prior to the commencement of the course. Module Fees are NOT
refunded if withdrawal takes place at any time later than one week prior to commencement of the course.
DISTANT LEARNING OPTION AVAILABLE
Registration
Application forms can be filed until one week prior to the start of the term. Candidates who are sponsored by their
organisations must submit their application forms through their training managers (Registration forms enclosed).

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For further information, and to register:
Please contact the Centre for Islamic Finance

+973 1781 5555 / 1781 5584

islamicfinance@bibf.com