CERTIFICATIONS

HRDC Prog No. 1000144483

Certified Qualification in Islamic Finance – Takaful (CQIFT)

About CQIFT

CQIF Takaful brings the learners to an advanced level of understanding of the Takaful system.

Learners will be exposed to the various roles played by the regulatory and supervisory authorities. CQIF Takaful will recognise the importance of a Takaful Operator’s financial analysis, audit, governance, and risk management framework. CQIF learners will be equipped with the skills required of a higher level of management of a Takaful Operator.

Learning Outcomes

  • Develop learner’s decision-making abilities in handling governance, audit, and risk management issues that arise in the institution;
  • Demonstrate knowledge of risk management in takaful and understand the impact of Shariah contracts on credit risk, market risk and operational risk;
  • Evaluate their financial performance through financial performance analysis; and
  • Manage their takaful products efficiently and the risks associated with them.

Entry Requirements

IQIF Banking

Assessments

  1. 50 Multiple Choice Questions
  2. 1 Case Study
  3. 2 short essays (Answer 1 only)
  4. 60% Passing Marks
  5. Remote Examination (Online)
  6. 2 Hours 30 Minutes

Learning Mode

  • Online
  • Face-to-face

Future Skills Frameworks (FSF)

Programme Fees

HRDC Prog No.ModulesOnlineFace to Face
HoursRMUSDDaysRMUSD
10001355616M1 - Audit for Takaful Company7Available as in-house programme1Available as in-house programme
10001355546M2 - Takaful Company Operations142
10001356349M3 - Corporate Governance and Risk Management71
10001356075M4 - Quantitative Analysis on Financial Aspects for Takaful142
CQIF-T Preparatory Class40.5
Total46Available as in-house programme6.5Available as in-house programme
Assessment3.5Available as in-house programme-

For programme enrolment or further enquiries, please email [email protected]
or contact +603 2031 1010