What is IFQ ?

The IFQ is a ground-breaking qualification that covers islamic finace from both a technical and s Sharia'a perspective, providing the first international benchmark in the area of Islamic finace.

It provides candidates with an understnding of the influence of Sharia'a in a business context and prepares candidates to hold key positions in the Islamic finance and Takaful (Islamic insurance) industrise.

The qualification is appropriate for existing and new employees and those seeking a career in Islamic finace.

Key Features

  • Provides a basic knowledge of  the genral principles of Sharia'a (fiqh al muamalat) and its application to islamic banking and finance.
  • Covers the different types of islamic finance contracts and products available.
  • Examines the practices used in the Islamic financal markets and the principles behind investment selections.
  • Reviewed regularly to reflect developments in the fast-changing world of islamic financial services.
  • Initiated and supporte by the Central Bank of Lebanon (Banque du Liban).
  • Awarded jointly by the Chartered Institute for Securities & Investment (recognised by Ofqual, the UK goverment education regulator) and I'Ecole Superieure des Affaires (ESA).

Summary Syllabus

  1. The Basis of Islamic Banking and Finance
  2. An Introduction to Islamic Banking and Finance
  3. Islamic Law of Contracts
  4. Financial Techniques Applied by Islamic Banks
  5. Financial Statements for Islamic Banks
  6. Islamic Coporate Governance
  7. Islamic Asset and Fund Managment
  8. Islamic Bond Market – Sukuk
  9. Islamic Insurance – Takaful

The IFQ is a two-hour, 100 multiple-choice question exam.

I would strongly recommend this qualification to staff working and seeking to work in the Islamic finance industry. This prestigious, global qualification offers essential knowlge of the general principles of Sharia'a with respect to its application to islamic banking and finnace. The IFQ is a key qualification in this growing market.

Sultan Choudhury,
Commercial Director
Islamic Bank of Britain

CISI Membership

Individuals who successfully complete the IFQ are eligible to become Associate members (ACSI) of the institute.

The Objectives of Zeylan

  • To fulfill the enormous ultimatum for a value based educational institution in compliance with Sharia'a.
  • To nurture a well-mannered, self governed and ethical younger population.
  • To become the best Islamic academies in Sri lanka intended for the poulation in need of wisdom
  • To bring into being respectable professionals with a well-recognised qualification gained through eminent quality education.

Why IFQ at Zeylan

  • Qualified and experienced lecture panel who have been teaching IFQ for 3 years producing excellent results.
  • Lucid explanations with real cases.
  • Discussion of more than 200 questions.
  • Thought provoking assignments for enhancements of knowledge.
  • Guest lectures by eminent and expert practitioners and scholars.