“Certified Islamic Fund Manager” is designed by industry specialists and renowned Islamic scholars. This Program ensures the balance between the subjective and practical knowledge on Islamic funds. It also offers comprehensive knowledge that will strategically prepare candidates in building their skills, competencies and experience as they enter into the Islamic funds management being Shariah compliant.
The Islamic wealth and funds management first emerged in the 1960s when the investors sought alternatives to the conventional forms of investment, particularly due to interest-dealings
in conventional banks which is prohibited in Islam and unethical for non- Muslims as well. The Islamic funds market is one of the fastest growing sector of financial industry in not only Muslim but also in non-Muslim countries as well. It is estimated that there is presently more than 400 USD billion of Islamic assets under management globally and more than 350 Islamic funds are now operating in the market with 15% annual growth.
The primary characteristic that distinguishes an Islamic fund from conventional investing is its compliance with Shariah laws which requires the fund managers to adhere to Shariah.
