e-prospectus

The Institute
of
Islamic Banking & Finance

# 12-2-800/445, Dilshad Nagar, Mehdipatnam,

Hyderabad - 500 028. A.P. INDIA.
Tel. 91-40-23520818
E-mail : info@islamicbankinst.com
Visit us at : www.islamicbankinst.com

CAUTION : No part or parts of this material including title design should be transmitted, copied
or reproduced in any form without written permission of the Institute. Any unauthorised use by
individuals/organisations will be liable for appropriate legal action.
 ABOUT THE DEAN OF THE INSTITUTE
The Institute of Islamic Banking and Finance is India’s first and
only professional Institute in this field conceived and founded by
Mr. M.A. Majeed, a Professional Islamic Banker, Alumnus of the
School of Business Administration, University of Michigan, USA. He
is former General Manager of Faisal Islamic Bank of Kibris, Turkish
Cyprus, Associate Member of the Indian Institute of Bankers and a
former Member of Institute of Bankers, London. He has held various
assignments in a commercial bank in India for 17 years and later as
General Manager in Al-Ameen Islamic Financial & Investment
Corporation (India) Limited, India’s first corporate organisation
functioning on Islamic principles. A practising Islamic Banker of repute
having vast experience in International Islamic Banking and Financial
Institutions.
He was invited as a Special Guest by the Central Bank of Islamic Republic
of Iran to study the Islamic Banking System in operation in that country.
He attended the Fifth Orientation course on Islamic Economics, Finance
and Banking held at the Islamic Foundation Leicester, United Kingdom.
Attended the Silver Jubilee celebrations of the Islamic Development
Bank, Jeddah, Kingdom of Saudi Arabia. Invited to attend the Harvard
Islamic Finance Information Program sponsored by Harvard University,
USA.
Invited to various seminars on Islamic banking in different parts of
the world. He has presented papers on Islamic Banking and Finance
which are published in leading journals. Travelled widely and studied
the functioning of various Islamic banks and guided a number of post
graduate students of Management and Finance of various universities
for their thesis presentation. Countries visited United States of America,
United Kingdom, Saudi Arabia, Iran, Bahrain, United Arab Emirates,
Turkey and Cyprus.
He was Consultant to POLARIS Software Development company
specializing in Islamic Wealth Management and Islamic investment
banking in Middle and Far East.
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 THE INSTITUTE PROFILE
The Institute of Islamic Banking and Finance incorporated with the
Government of Andhra Pradesh at Hyderabad, India under Public Societies
Registration Act 1995 is the country’s maiden attempt at institutionalizing
education at all levels in the field of Islamic Economics, Banking and
Finance.
The Institute is a registered non-profit, equal opportunity, professional
educational research and training institution totally independent, non
affiliated to any University nor accredited to retain complete academic
autonomy and intellectual independence regarding course content,
methodology and orientation.
University of Hyderabad a Central University has proposed to enter
into a Memorandum Of Understanding with the Institute to offer a two
year Post Graduate Degree in Islamic Economics, Banking and Finance.
This will be a global standard program admitting students from all over
the world.
The Dean has the sole discretionary authority to design and implement
course curriculum with suggestions and advice from an Academic Council
constituted and updated with experts in respective fields. The aims and
objectives of the Institute are :
1. To impart education and training to students desirous of getting
acquainted with the laws of Islamic Banking, Economics and Finance
through Distance Learning method and contact programs in select
centres.
2. To organize Executive Development Programs for working executives
or graduates from India and abroad in the fields of Islamic banking
and finance apart from conventional management science subjects
like strategic planning, marketing, corporate management and
human resource development.
3. To conduct lectures, conferences and seminars on subjects connected
with Islamic banking, economics and finance.
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4. To invite Indian and foreign experts as guest faculty to conduct
training programs for participants in the field of Islamic Banking,
Economics and Finance.
5. To discuss, negotiate and finalize tie ups with Indian and foreign
universities, professional bodies, similar institutes and
organisations to promote and further strengthen the Islamic
financial system.
6. To invite foreign expertise in the field of education of management
sciences with particular reference to Islamic banking and finance.
7. To organize educational and information tours to various countries,
to attend seminars, lectures and conferences on the subject of
Islamic Banking and Finance.
8. To enter into contract with foreign organisations, institutions,
professional bodies to arrange exchange of information and
personnel connected with the subject.
9. To edit and publish a weekly, monthly, quarterly or annual journal
of Islamic banking and finance for general readership.
10. To publish research papers, extracts from published papers,
journals, gazettes etc.
11. To sponsor students for advanced training and professional
education in the field of Islamic banking and finance to various
institutions in India and abroad.
12. To sponsor or grant scholarships and / or financial assistance to
students undertaking studies and research work in the field of
Islamic banking and finance.
13. To offer facilities for postal tuition for distance education and to
hold examination in various centres all over the country and abroad.
14. To design tailor made course modules to suit specific requirements
of individual institutions as per their specifications.
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 INTERNATIONAL ADVISORY BOARD

1. Dr. M. UMAR CHAPRA

Former Senior Economic Advisor, Saudi Arabian Monetary Authority
Advisor Islamic Research and Training Institute
Islamic Development Bank
Jeddah
Kingdom of Saudi Arabia

2. Dr. SAMIR ABID SHAIKH

Ex. Secretary General
International Association of Islamic Banks,
Jeddah
Kingdom of Saudi Arabia

3. Prof. JOHN R. PRESELY

Department of Economics
Loughborough University
Loughborough
Liecestershire - LEII STO
United Kingdom

4. Dr. S. NAZIM ALI

Director of Operations
Harvard Islamic Finance Information Program
Harvard University
United States of America
(Courtesy : Technical Consultation only)
(Names of other members who have consented but have requested not to
be published but available for personal contact, have not been listed here)

An Indian Advisory Board constituted from eminent

educationists, renowned academicans and management
professionals is also set up by the Institute.

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 ACADEMIC COUNCIL

An Academic Council comprising of eminent experts in the

field of Islamic Economics, Finance and Management designs,
controls and supervises the course content and assists in evaluation
of the assignments of students and their Project work for grant of
grades and the Diploma.

Prof. R.K. Mishra an eminent Management

Expert is the Chairman of the Academic Council. He
is a graduate from Institute of Management
Programme SDA, Bocconi, Milan, Italy, Fellow British
Council and Common Wealth Secretariat, Research
Fellow at London Business School and Maison Des
Sciences, De L’Hommes, Paris, France. He has been
Management Consultant to Adam Smith Institute
London and Asian Development Bank. He has been
a researcher for Planning Commission, Finance Commission, Prime
Minister’s Economic Advisory Council and Institutional Civil
consortium Service. He has been teaching M.B.A. and M.Phil
Students in Management for more than three decades.
Prof. Isaac Sequeira, Former Head
Department of English, Osmania University,
Hyderabad. Professor Emeritus, Ph.D. from
University of Utah U.S.A. Where he was a Fulbright
Smith - Mundt scholar. Visiting Professor, Bowling
Green University Ohio, U.S.A. Faculty Member of
British Council and National Lecturer, University
Grants Commission.
Prof. Isaac Sequeira has published a number of books on
English Literature and poetry, 80 papers published in Journals in
America, Korea and India. He has lectured at 60 universities in India
and 10 Universities in U.S.A. Read Papers at Kyoto, Japan; Seoul,
Korea; Manila, Phillipines; Honolulu, Hawai; Brisbane, Australia;
Singapore, Pakistan, Winchester, York, Oxford, England and many
universities in U.S.A. He is presently Executive Director, Indo
Amerian Centre for International Studies, Hyderabad. 5
 Prof. (Mrs.) Ismath M. studied French in the
University of Geneva, Switzerland and German in
Goethe Institute, Munich, Germany and Arabic in
the college of Arts and Science, Baghdad, Iraq. She
taught these languages in Osmania University,
Hyderabad. Worked for AIR Arabic Language service
and was Professor of Arabic at Central Institute of
English & Foreign Languages (Deemed Central
University). She was first Secretary, Culture, Indian Embassay, Cairo,
Egypt. Awarded the Certificate of Honour for Scholarship in Arabic
by the President of India, on Dec. 4th 2005.

THE GATEWAY PROGRAM

Post Graduate Diploma in Islamic Banking & Finance
This is an exclusive threshold Gateway Programme desinged to offer
knowledge resources in a comprehensive and compact manner motivting
students to explore further avenues for knowledge of this fast expanding
and vast global Islamic Finance field. The course is designed by a
professional Islamic Banker in such a manner that the student learns at
his convenience and feels an urge while pursuing the course to gather
more information from various other sources by browsing a large number
of websites on Islamic Banking & Finance.
Eligibility :
Graduates in any discipline from a recognised university with simple ability
to understand English language as the entire material is designed in English
language. MBA/B.Com candidates enjoy convenience of understanding
the subject with ease.

6
Duration :
The course is based on Distance Learning Mode, open ended under flexible
learning convenience and the standard duration is one year subject to
prompt submission of assignments and project work. Desirous students
can complete the course in shorter time if they are able to cope up with
the study material intensively and devote more time to assignments
and project work and satisfy the institute about their academic
accomplishments through evaluation. Students are on our record who
have successfully completed the course in 6 - 8 months with ‘A’ Grade.
Course Contents and Syllabus :
The Course is designed to cover exhaustively the subject of Islamic
Economics, Banking and Finance in a manner where precision has been
taken care of. This professional course being a Diploma at Post Graduate
level does not go into great details of this vast subject but restricts its
coverage to essential aspects from a practical view point. The candidate
should understand and appreciate that modules and chapters are so
devised that the subject is selectively dealt with in the sense, gone into
detail where required and only a mention is made where found necessary.
There are 6 modules including an exclusive module on Business
Correspondence and effective communication skills all independant of
each other and sub-divided into chapters covering the entire course and
the contents in brief are described below :

MODULE I - From the Dean’s Desk

- What the Press says
- Brain storming session
Chapter 1
- Religious perspective-Background with
socio ethical aspects of Islamic Economics,
Banking and finance.
Chapter 2
- Principles and practice of Islamic financing.

MODULE II Chapter 1
- Islamic Economics
Chapter 2
- Conventional Economics 7
 Chapter 3
- Distributive justice in Islam
Chapter 4
- Fiqh – Islamic Financial jurisprudence
Chapter 5
- Profit Vs bank Interest.
MODULE III Chapter 1
- Monetary Policy in Islamic perspective
Chapter 2
- Major problems being faced by Islamic banks
Chapter 3
- Introduction to Islamic Economics, banking
and Finance
Chapter 4
- Islamic Banking and Finance in theory and
practice
Chapter 5
- Islamic Financial Institutions in India-
Historical background, present status and
future strategy
Chapter 6
- Compendium of Fatwas prohibiting bank interest
Chapter 7
- Resolutions, recommendations of Al Baraka's
Symposia on Islamic Economy
MODULE IV Chapter 1
- Public finance in Islam-Study of Zakah, Ushr and
Kharaj
Chapter 2
- Islamic finance in tax perspective
Chapter 3
- TAKAFUL Islamic Insurance
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 Chapter 4
- Islamic fund management & Securities market
Chapter 5
- Islamic Credit cards
MODULE V
This Module is based on dual learning mode, that is, partly in the
text form, in the text and partly from the CD as E-Session
Chapter 1
- Operational Islamic banking
Detailed study of Ijarah, Murabaha, Musharika,
Mudharaba, Istisna, Salam, Muzaraa
& Qard-e-hasan
Chapter 2
- Documents and Documentation
Chapter 3
- Foreign Exchange and Foreign trade
Chapter 4
- Islamic Investment banking
detailed study of Islamic Mutual funds,
Islamic Bonds - SUKUK,
Islamic Investment Banking,
Private Banking & Private equity
and Islamic Wealth Management.

MODULE VI - Communication skills,

corporate correspondence
and personality development

*****

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 REGISTRATION PROCEDURE & SCHEDULE
REGISTRATION SCHEDULE : The Institute offers two registration
schedules :

1. NOTIFIED REGISTRATIONS : Notifications are issued in national /

local english and language dailies in India during January and July
every year and registrations are open from 1st of the respective
month and close on the last day of the month. This is mainly for
Indian students particularly for those who do not have access to
internet.

2. WEB BASED REGISTRATIONS : The Institute's website

www.islamicbankinst.com will also notify registrations. Candidates
approaching the Institute through webmail can register throughout
the year from anywhere in the world on a roll on basis.

Admissions are subject to availability of capacity and facilities. Mere

submission of form does not guarantee admission.

FEE DETAILS - STRUCTURE, MODE OF PAYMENT :

For Local Candidates : Candidates registering for the course from

any where in India may download the attached Registration Form,
affix one photograph, enclose two (2) additional photographs
along with a demand draft obtained from any commercial Bank
favouring the Institute payable at Hyderabad for Rs. 8,000/- (Rupees
Eight Thousand only)

Course Fee : Rs. 8,000/-

On receipt of duly filled in Registration form along with the

enclosures the Institute will register the candidate, issue identity
card and courier the study material (where speed post or courier is
not available the material will be sent by registered parcel only).

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STUDY MATERIAL :
Study material in the form of Books and CD will be sent by courier
to the students. After receiving the Study material, the student is
given a maximum of ONE MONTH time to study the first two modules
after which the assignments are sent to be answered. Requests
from students to send the same immediately before this time will
not be entertained unless the Institute is satisfied about some
genuine need to send the same by preponement. Any such request
by the students must be e-mailed / sent by a letter requesting
assignments to be sent mentioning the reason.
Important : Assignments can be sent by e-mail to
iibf_india@rediffmail.com or by post handwritten / typed neatly,
single space on A4 size paper only. If sent by E-mail must be followed
by a hard copy on A4 size paper for records in personal files. The
Institute will not be responsible for assignments misplaced /lost in
transit. It is in students' own interest to send the same to the
Institute with full and correct postal address by Courier or Registered
Post.
Apart from study of modules the students are advised to browse
various ‘Islamic banking / finance sites on Internet to update their
knowledge of the subject and also to keep in touch with job
opportunities in Islamic finance through various sites which offer
regular jobs in GCC and other countries.
EVALUATION : The Institute’s faculty will evaluate the assignments
sent by the students and award grades as indicated below :
90% to 100% - A Grade
80% to 89% - B Grade
70% to 79% - C Grade
Below 70% - D Grade
At present the grading system is as above and is likely to be changed
without notice. Students who perform exceptionally well in their
assignments and project work by which the faculty is impressed
will be graded with 'Distinction'.
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 PART - I PART - II
MODULE TOTAL MARKS
MAXIMUM MARKS MAXIMUM MARKS
I 100 30 130
II 45 25 70
III 80 40 120
IV 80 40 120
V (Phase I) 200 40 240
V (Phase II) 180 40 220
VI 85 15 100
TOTAL 770 230 1000
Reduced to 40%
Project Marks 60%
TOTAL
Overall Grade

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Assignments for evaluation have to be sent promptly by the students
if they desire to complete the course within the stipulated time
frame of one year. A student registering for the course and not
submitting any assignment for one year will be deemed to have
abandoned the course and his name will be struck off the Institute
rolls. Re-registration will be considered on written request based
on genuine grounds and payment of additional fees as decided by
the Institute prevailing at that time.
PROJECT WORK : After completion of all assignments of modules
the students will be asked to propose a subject of his / her choice
for project work. If the Institute faculty is satisfied with the subject
and topic it will be approved if not, the Institute will itself select
and allot a topic for project work to the student. Detailed procedure
for preparation of project report, essential inputs, presentation
etc will be given to the student at the time of project work.
ACADEMIC PRESENTATION : The Institute will, if found feasible and
practical conduct some sessions in the Regional Centres and the
students will be asked to make their presentations on the subject
allotted to them. They will carry additional marks as assignments.
COMPUTER PROFICIENCY : The student will have to satisfy the
Institute about his / her Computer proficienty skills in MS-Windows,
Accounting Packages like Tally, Wings etc.
GRANT OF FINAL GRADES : Based on the grades obtained by the
students in assignments and evaluation of project work the Academic
Council of the Institute will allocate 40% of marks to assignments
and 60% to project work and the final grade will be cumulative of
the two. Award of grades by the Institute based upon the above
method will be final and no requests for review will be entertained.
The Institue reserves the right to alter, change, modify this method
of allotment of grades anytime on recommendation by the Academic
Council.

COMMUNICATION OF GRADES : After every submission of

assignments an Assignment Grade Report pertaining to those
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assignments will be e-mailed to the student which should be
carefully preserved.
CAREER OPPORTUNITIES :
The Institute does not promise any job placement but is proud to
inform that its first batch students have successfully secured
Managerial positions in leading Islamic Banks in the Gulf. There is
tremendous potential for Islamic Finance and Management
personnel in the ever increasing demand in the financial world.
The Institute has already carved a niche for itself in the Islamic
Banking and Finance world and the Diploma is well accepted and
acknowledged as a very valuable qualification for those desirous of
making a career in Islamic Banking and Finance around the world.

After completion of the Course the candidate should submit a self

attested photocopy (xerox) of the degree certificate and computer
proficiency certificate along with the request for issue of Diploma
Certificate. The same will be issued after completion of necessary
convocation formalities.

*****

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MEDIA SPEAK

15
 Business Standard
August 01, 2007

Courses on Islamic finance hold promise

Archana Mohan / Ahmedabad August 01, 2007

When Rubina Shaikh, an MBA from a B-school in Pune, appeared for a job
interview with a Kuala Lumpur-based investment bank, the first question
she was asked was whether she knew something about Islamic banking
and the monetary principles applied in such type of banking.

She later joined a consultancy firm in Bangalore, but decided to build her
knowledge of Shariah laws through a short-term online course.

For Rubina and a growing number of students from India, who want to
have a grounding in Islamic finance, the news is that there are now a few
academic institutes who have just started or will soon commence courses
on Islamic finance and banking.

Hyderabad-based Institute of Islamic Banking and Finance (IIBF), which

currently offers online diploma programmes on Islamic banking and
finance has signed a Memorandum of Understanding (MoU) with the
University of Hyderabad to work on the possibility of offering a two year
Post Graduate Degree in Islamic Economics, Banking and Finance.

IIBF is looking to cater to students who would normally take their courses
from Morocco, Nigeria and Singapore. Currently, the institute has 230
enrolments of which nearly one-third are from Kerala, owing to the tendency
of the state-youth to look for jobs in West Asia. The institute is thinking of
setting up study centres in Kerala, Bangalore, Kolkata and parts of North
India.

According to MA Majeed Zubair, Dean IIBF, it is not just those working or

aspiring to work in West Asia who take up the course but students from
prestigious institutes in the country, persuing their MBA, also sign up for
the online course.

16
An international institute too has launched this course to cater to the
demand. The Securities and Investment Institute (SII) from London which
conducts finance qualification tests, has just launched a certificate
programme in Islamic finance of around 72 hours at its Indian office at
Mumbai.

Arwa Tapia, head of client liaison, SII says though the institute sees a lot
potential in courses on Islamic finance in India, it will take a year or two
before it catches up with other professional courses like those on the
BPO industry and IT practitioners, for which it sees maximum growth.

Malaysia-based Islamic Financial Services Board and Saudi Arabia’s

Islamic Development Bank estimate that the Islamic financial services
industry worldwide, including banking assets, may grow to $2.8 trillion by
2010 from $1 trillion at present.

This could mean a huge demand for workforce with an Islamic finance
educational background. However, the institutes may not be able to meet
the demand as qualified instructors to teach the subject are few in number.

“Since there are very few qualified instructors on Islamic finance in India,
we have to invite international scholars and Islamic law practitioners from
Pakistan, Saudi Arabia, Bahrain and Malaysia,” said Zafar Sareshwala,
director of Ahmedabad-based Parsoli Corporation, which launched India’s
first Islamic index.

He added that finance and English language modules would have to be

imparted to those with Post Graduation in Islamic Theology to fulfill the
requirements for an instructor to the course.

*****

17
18
19
20
In view of General Information about starting Islamic
Banking in India and Constitution of a special committee
by the Reserve Bank of India, the Dean was Interviewed
on this issue by the Finance Correspondent of Business
Times. These are the excerpts :

21
The Dean was interviewed after a successful seminar
organised at Federation of Chamber of Commerce and
Industry on 'Islamic Banking - problems and prospects in
India'. These are the excerpts :

22
 EXIT INTERVIEWS OF FEW ALUMNAE

1. Name : AYSHA ABDULLAH RAHIMAN

Mangalore / Dubai
2. Educational Qualification : BBM, MS-Finance ICFAI
3. Your assessment of the course
with specific reasons : Useful & Good / Very professionally designed.
Significant amount of relevant and Concise
matter. Helped in Discovering a new way
of Banking.
4. Five aspects of the course
which you liked the most : a. Flexible learning, any time, anywhere
b. Clear and concise course material
c. Quality learning at affordable fees.
d. Relevance of the course in job/career market
e. A wonderful Dean with his timely assistance
and support made way for smooth learning.
5. How was the project topic and
will it be useful to you : A very practical, pragmatic and relevant topic
Inshallah, will be of immense help as a source
of knowledge and application.
6. Your parting comment to
the IIBF team : More than met my expectations, gave great
insight into the subject. Fantastic course!
Thank you so much, team IIBF.
7. Your advice to the students of
the Institute : “Quality education without having to shell out
thousands of rupees” “A lucid, succinct and a
very informative explanation and exploration
of a valuable subject delivered in an accessible
and practical mode.”
8. Project Topic : “SUKUK” Islamic Bonds - Emerging
Islamic Financial Instrument with global
potential.
---------------------------------------------------------------------------------------------------------------------------------------

1. Name : ARSHAD FAROOQ NAQVI

Asst. General Manager,
Reserve Bank of India
2. Educational Qualification : M.Sc. (Botany), CAIIB
3. Your assessment of the course
with specific reasons : Because in every aspect the practical inputs
were provided as far as possible which made
the course very interesting as well as informative.

- Very professionally designed

23
4. Five aspects of the course
which you liked the most : a. Simplicity in presentation
b. Practical orientation
c. Systematic analysis of the subject
d. Promptness in assessment of assignment
e. Timely guidance in case of need
5. How was the project topic and
will it be useful to you :
The topic of the project was “Study of Regulation and Supervision of Islamic Banking and Finance by
a Few Countries”. It will be very useful to me to know the practice of regulation and supervision of
Islamic banks being followed by different countries and in case Islamic banking is allowed in India,
this study may prove to be a guide to the regulators in this country.

6. Your parting comment to the IIBF team :

I am really delighted to feel that I have completed the course. I am very thankful to the IIBF team
for their timely guidance, cooperation and the relationship, which has been developed over period of
time. I shall always remember with gratitude the cause for which the institute has taken initiative.
I would like to thank entire IIBF Team, especially the Dean who supported me a lot in studies and
clarifying doubts in related subjects and request further support in future and pray Allah to reward for
the service and He may give more power to enrich the community in the field of Islamic finance.

----------------------------------------------------------------------------------------------------------------------------------------

1. Name : ABRAHAM JACOB

2. Educational Qualification : B.E. (Electro & Telecom), M.B.A. (Fin.)

3. Your assessment of the course

with specific reasons : - Very professionally designed
- Course curriculum is comprehensive
4. Five aspects of the course
which you liked the most : a. Flexibility in completing the course
b. Support from IIBF dean and faculty team
c. Prompt responses for queries/clarifications
d. e-learning
e. Affordability
5. How was the project topic and
will it be useful to you:
The Islamic Banking and Finance industry is growing exponentially and I believe that the project
topic is relevant.
6. Your parting comment to the IIBF team :
The course structure and design is excellent. Append with relevant new topics and innovations
in the subject to be best in the same. Linkages with a reputed University can add much value to
the course although it is unique of its own.

7. Your advice to the students of the Institute :

Congratulations to you on choosing the course. The course design and the topics for PG Diploma
are excellent. Best wishes to each of the IIBF students.
8. Project Topic :
“A study of the development of Islamic Capital Markets with emphasis on the
growth of Sukuk”. 24
1. Name : LABEEB. K
2. Educational Qualification : Bachelor of Engineering, MBA
3. Your assessment of the course
with specific reasons :
- Professionally designed.
- Approach of this study material is practical (Real situation oriented and simplified description of
theories. And there are some case studies, practical problems and complete theoretical coverage
makes this material professionally designed.
4. Five aspects of the course
which you liked the most : a. Very simple and easy description and presentation
of theoretical aspects.
b. Case studies.
c. Realistic problems
d. Complete coverage of all aspects
e. Assignment and projects
5. How was the project topic and
will it be useful to you :
Very useful to me, only after acquainting with the topic I realize that how this field emerging. And how
the others especially non Islamic background corporate makes their future by stepping ahead by
realize that the future economy and banking will be based on Islamic principles and interest free.
6. Project topic :
Survey of software companies around the world designing and offering Islamic financial
products software for operations and accounting.
----------------------------------------------------------------------------------------------------------------------------------------
1. Name : MUNNER K.H.
2. Educational Qualification : L.L.B., M.A., B.Com, CAIIB
3. Your assessment of the course
with specific reasons : - Very professionally designed.
- The curriculum is originated from a
Seasoned Professional.
4. Five aspects of the course
which you liked the most : a. Quotes from Koran and Hadith.
b. Freedom in learning.
c. Simple and lucid style of notes
d. Evaluation and grades
e. Guidance

5. Your advice to the students of the Institute :

Congratulations on your selecting such a noble subject. Be serious in all aspects of studies; gain as
much knowledge and experience as possible. Try to share the knowledge with the fellow beings. Give
more light to others about the viability and feasibility of the subject. Be patient to critics; and become
a professional.
----------------------------------------------------------------------------------------------------------------------------------------
1. Name : NASEER KOLAKKODEN
Riyad, Saudi Arabia
2. Educational Qualification : Bachelor of Commerce
3. Your assessment of the course
with specific reasons : - Useful & Good
- Covers entire topics in Islamic Finance.
- Very professionally designed
25
4. Five aspects of the course
which you liked the most : a. Covers all aspects of Islamic Finance
b. Principles discussed in the light of Quran & Hadith
c. Zakah and Income redistribution system
d. Social Welfare and Islamic Finance
e. Practical workouts of financing modes
5. How was the project topic and
will it be useful to you :
The Project work was very useful and most interesting part of the course. It enabled to reap a lot of
benefits in my future plan.
6. Your parting comment to the IIBF team :
Apart from conceptual framework of Islamic finance, students are required to acquire practical
knowledge in subject in order to meet skilled work force in this areas to cater to needs of Islamic
banking. I feel one of the topics we need to include in this course is accounting and Audit standards
of Islamic Financial Institutions.
I would like to thank entire IIBF Team, especially the Dean who supported me a lot in studies and
clarifying doubts in related subjects and request further support in future and pray Allah to reward for
the service and He may give more power to enrich the community in the field of Islamic finance.
----------------------------------------------------------------------------------------------------------------------------------------

1. Name : SYED ILYAS BASHA

Manager, Bank of Baroda
2. Educational Qualification : M.A. (Modern Arabic), B.A. (Eco.)
3. Your assessment of the course
with specific reasons : - Very professionally designed.
- As designed and pioneered by a professional
Islamic Banker
4. Five aspects of the course
which you liked the most : a. Material
b. Devotion of the Dean
c. Moderately priced
d. Periodic assessment & guidance
e. Affection & accessibility of faculty
5. Project Topic :
Profile Study of Islamic Bank of Britain with regulation and alterations.

*****

26
 GALAXY OF SELECT STUDENTS & ALUMNI

Arfin Z. Rahaman Ayesha A.R. Ali Kutty .K

Assam Mangalore Kerala

Abdul Aziz .G Ashfaque .A.R Kazi Akbar Ansari

Chief Manager, SBI, Mumbai Manager, Indian Bank,
Bangalore Chennai

Cyril J. George Deepak George Anthraper Faizul Haq Shamsi

Chennai Chennai Rampur, UP

Faisal Ali Henna Yasmeen Khan Samir Ahmed

Pune Hyderabad / Kuwait Mumbai
 GALAXY OF SELECT STUDENTS & ALUMNI

K.A. Zubair Mohammed Sohail Mandori M. Arif

Hyderabad Bangalore Gujarat

Muneer K.H. Mahe Talat Mohd. Sufyan

Manager, Federal Bank, Gujarat New Delhi
Kerala

Mahamed Ahmed Yusuf Mohd. M. Murad Mohd. Jabir C.P.

Qatar Mumbai Bangalore

Nitin Charles Pradeep Kumar .B Seira Ihsan

Bangalore Bangalore Kerala
 GALAXY OF SELECT STUDENTS & ALUMNI

Shyma Fatima Saravanan .K Syed Ahmed

Mangalore Chennai Hyderabad

Syeda Maharuq Tarannum Tayyab Ahsan Baksh Vinayan

Hyderabad IIPM, New Delhi ICICI Bank, Kerala

Zainul Abideen Amer Mohd. Azahuruddin

Emirates Islamic Bank, Dubai Kuwait
Dubai

Imran Khan Abdul Razak J.T.

Mashreq Bank, UAE Mashreq Bank, UAE
 GALAXY OF SELECT STUDENTS & ALUMNI

Imran Khan Faizan Wani Asif Basha Sayeedunnissa Fathima Sarah

Chennai Srinagar Bangalore Hyderabad Bangalore

Shafeeq Ahmed Khan Syed Khan Osman Khan M. Zubair Ahmed Sameeha Muneer Rafia Riyaz
Srinigar Ahmedabad Bareily Secunderabad Chennai

Osman N. Khan Ameer .K.B Naseer .K Yasmeen Shaik Manmohani Saxena

Sharjah, UAE Kerala Kerala Baroda Hyderabad

Muddassir Ahmed Asif M. Siddiqi Mansoor A. Ajman S.M.H. Hashmi Mohd. Ishaq Ali
Gujarat U.P. UAE Hyderabad Jeddah

Yasir Mohammed Naushad .C.P Rafid .A.R Farhan Qureshi Mahin .V.N
Kerala Kerala Kerala Hyderabad Kerala