IFM Newsletter Dec 2015

1. December, 2015
Issue 6
Institute of Finance
& Management
In this Issue
 IFM: Introduction
 IFM Strategic Partners
 IFM Certificates
 Highlights: Latest News
Highlights:
 ACRIE Encyclopedia in the
WIBC
 IFM issues its series of training
manuals to the market
 IFM and ACRIE partners in the
upcoming WIBC 2016
Bahrain
 IFM sings a new agency
agreement in Tunisia
 aafaq signs partnership
agreement with HH prince
Suleiman – Malaysia
 aafaq given 3 awards by CPI
IFM Monthly Newsletter- December 2015
Based on a sagacious
and strategic vision,
which supports the
concepts of Islamic
Economy, and seeks to
spread the same to the
world, IFM was
launched.
IFM provides a unique
range of certificates
with global partners.
IFM also presents the
services of professional
training to individuals,
institutions, banks and
organizations, by
providing occupational
Institute of Finance & Management (IFM)
Islamic Economy Knowledge Infrastructure
training programs and
advisory services
specialized in Islamic
Economy, in addition
to other training
programs that support
the banking and
financial institutions by
means of an elite group
of specialized experts
and trainers. IFM
conducts also
conferences related to
Islamic Economy
globally.
IFM seeks to provide
training programs for
global certificates
issued by recognized
global institutions such
as IIRA, IICRA, IIFM,
IIIW, MIM and ICPAP.
In addition to this, IFM
provides a wide
spectrum of
management courses
and programs to cope
with the needs of the
global market through
an e-learning platform.
www.ifm.co.ae
www.acrie.ae
www.aafaq.ae
businessislamica.com
www.dcibf.ae
MARK YOUR CALENDAR
Credit Rating 15-16
Dec (Dubai)

2. Page 2 of 13
Page 2 of 13 IFM Monthly Newsletter
“World’s first Arabic
Encyclopedia on
Islamic Finance
launched at WIBC 2015”
UAE, Dec 10, 2015 – On the
Sidelines of WIBC, Aafaq Centre
for Research in Islamic Economy
launches its world’s first Islamic
Finance Encyclopedia in Arabic.
ACRIE, a UAE based Research
Centre, subsidiary of aafaq Islamic
Finance, has taken part in the world
Islamic Banking conference- WIBC,
held in Bahrain on 1-3 December,
2015.
ACREIE launched on the sidelines of
this global event, its main product:
The Islamic Finance Encyclopedia
issued in Arabic.
The Aafaq Center for Research in
Islamic Economy (ACRIE) was
launched in 2015 to provide
multidisciplinary researches and
reports in Islamic Economy through
strategic partnerships with
multilateral institutions, universities
and institutes. ACRIE is a platform
ACRIE took part in WIBC 2015 Bahrain and launched its First Arabic
Islamic finance Encyclopedia
that brings together
researchers, academicians
and practitioners in Islamic
Economy.
ACRIE selected the 22nd
Annual World Islamic
Banking Conference (WIBC
2015) to announce its launch
of the world's first Arabic
version of the Encyclopedia
on Islamic finance.
The encyclopedia comprises
of 12 volumes:
Volume 1: Shari’a
Framework in Islamic
Finance
Volume 2: Islamic Finance:
Concepts, Financing and
Investment Contracts
Volume 3: Emergence of
Islamic Financial Institutions
(IFIs): A Comparative
Historical Study with
Conventional Financial
Institutions
Volume 4: Islamic Banks:
Banking Services
Volume 5: Takaful Insurance:
A New Trend in Islamic
Finance
Volume 6: Islamic Financial
Markets & Islamic Financial
Instruments
Volume 7: Islamic Arbitration
Volume 8: Islamic Waqf
Volume 9: Zakah in Islamic
Financial Institutions
Volume 10: Risk Management
and Credit Rating in IFIs
Volume 11: Governance in
Islamic Financial Institutions
Volume 12: Accounting
Treatments in IFIs

3. Page 3 of 13 IFM Monthly Newsletter
“Dr. Abdulaal explained
that the proposed Institute
of Finance &
Management will be
established to offer post-
graduate courses in
Islamic finance. The new
academic institution is
also expected to lead in
the development of more
research initiatives for
Islamic Finance.
.”
aafaq To establish College of Islamic
Finance in Malaysia
UAE, December, 2015 - aafaq
Islamic Finance, a leading
provider of Islamic finance
products and services in the
UAE, has recently signed a
Memorandum of
Understanding (MoU) with
Khansforge International Sdn.
Bhd., an international business
resources company. The
agreement was signed by Dr.
Mahmoud Abdulaal, CEO of
aafaq Islamic Finance and His
Highness Prince Sulaiman
Shah Ibni Sultan Salahuddin
Abdul Aziz Shah, Chairman
and Director of Khansforge
International. The newly-
formed alliance is expected to
result in stronger collaborative
efforts in Islamic Finance
research initiatives and the
establishment of the Institute
of Finance & Management in
Malaysia (IFM).
According to aafaq Islamic Finance, the
signing of the new agreement demonstrates
the company’s eagerness to extend its
investment partnerships in Malaysia
through its affiliated subsidiary, IFM. The
MoU represents a cooperative framework
between aafaq and Khansforge across the
fields of education, research and human
resources development. The partnership
will help explore and identify various areas
of mutual collaboration based on relative
strengths and complementarities.
Dr. Mahmoud Abdulaal, CEO of aafaq
Islamic Finance, said: “These are truly
exciting times for Islamic finance as more
people are now being made aware of the
key benefits and advantages of utilizing
Islamic-based finance tools, products and
services. Our new partnership with
Khansforge International demonstrates our
eagerness to expand into other economies,
Malaysia in particular. We are confident
that this new alliance will play a
significant role in the advancement of
Islamic finance—reinforcing
collaborations for Islamic finance research
initiatives and the creation of the Institute
of Finance & Management in Malaysia.”

4. Page 4 of 13
Page 4 of 13 IFM Monthly Newsletter
IFM issues its series of training manuals to
the market
“The first ever series of
Islamic Finance training
manuals to be available
in the market.”
In line with the vision of
H.H. Sheikh Mohammed
Bin Rashid Al Maktoum,
UAE Vice President and
Prime Minister and Ruler
of Dubai, to make Dubai
the Capital of the Islamic
Economy, IFM issued its
first series of Islamic
Finance training manuals
to cover one of the main
pillars of HH initiative.
The training manuals will
soon be in the market in
both languages: Arabic
and English with very
affordable prices.

5. Page 5 of 13 IFM Monthly Newsletter
It is worth noting that
IFM is functioning
through an agency model
with one exclusive agent
in every country.
Through its global
partnerships with
multilateral institutions,
IFM aspires to be the
leading training provider
in global Islamic finance
professional
certifications to meet the
IFSI evolving needs in
capacity building.
The main professional
certifications are issued
jointly with IIRA,
IICRA, IIIW, ICPAP and
other partners and
accredited by FAA and
ILIE.

6. Page 6 of 13
Page 6 of 13 IFM Monthly Newsletter
“aafaq Islamic
Finance given 3
awards from CPI”
aafaq Islamic Finance was
awarded three main trophies
in Islamic Business & Finance
Awards 2015 organized by the
CPI Financial.
The three main categories are:
• Best Finance
Company - ME
• Best SME Finance
Company - ME
• Best Customer
Excellence
All winners from across the
globe were invited to attend
the Islamic Business & Finance
10th anniversary, winner’s gala
dinner.
The event was held on 10th
December in the Godolphin
Ballroom, Emirates Towers
Hotel, Dubai.
It is worth mentioning that
aafaq Islamic Finance is being
ranked as a leading financial
institution in the UAE thanks to
the diversified portfolio of
services and products it
provides to the industry.

7. Page 7 of 13 IFM Monthly Newsletter
“ACRIE and IFM
partners at WIBC
2016 - Bahrain”
IFM and ACRIE rejoin 2016 edition of World Islamic
Banking Conference
After its very successful participation
in the World Islamic Banking
Conference in Bahrain, which was
held on 1-3 December, 2015, ACRIE
signs a new agreement with Global
Advisors to take part in the upcoming
2016 conference.
ACRIE prides itself on being a
leading research center through its
pioneering products namely the First
world Islamic Finance Encyclopedia
in Arabic and the first bilingual
Islamic Finance directory issued
jointly with Union of Arab Banks,
Lebanon.
The Center, in supporting the initiative of
the global network of information and
education on the Islamic Economy, will
conduct thematic, multidisciplinary
research addressing strategic and practical
research questions in Islamic Economy.
Its main mission and scope is to develop a
competitive portfolio of research and
establish an international platform for
experts and practitioners and academics
in Islamic Economy. ACRIE Leadership
will be evidenced by the volume of
technical specialized reports, refereed
magazines, publications, online services
and information, capacity building, an
applied journal and in a further stage
consultancy services.

8. Page 8 of 13
Page 8 of 13 IFM Monthly Newsletter
On the sidelines of WIBC, IFM Signs a new agency
agreement in Tunisia“ IFM sings an
exclusive agency
agreement in Tunisia,
Dec 2nd
- Bahrain”
On the sidelines of the World Islamic
Banking conference- WIBC
December 2nd
, Institute of Finance &
Management signs an exclusive
agency agreement with Al Imtithal
for Islamic Finance, a leading Islamic
Finance Training institution in
Tunisia.
Al Imtithal for Islamic Finance was
established in 2011 to fill in the gaps
in the Tunisian area after a huge need
for Islamic finance training raised in
the country.
Al Imtithal will provide all IFM
professional certification courses to
the public as well as institutions in
Tunisia.
Tunisia has so far two main Islamic
banks providing shari’a compliant
products that are Zeitouna Bank and
al Baraka Bank.

9. Page 9 of 13 IFM Monthly Newsletter
Request your copy Now at ACRIE
Aafaq Encyclopedia in Arabic (12 volumes) $1000
Request your copy
ACRIE Directory in
cooperation with
UAB $100
Takaful Report in
Cooperation with
Hamdan Smart
University
Free copy

10. Page 10 of 13
Page 10 of 13 IFM Monthly Newsletter
Mark Your Calendar Feb 2016 Dubai

11. Page 11 of 13 IFM Monthly Newsletter

12. Page 12 of 13
Page 12 of 13 IFM Monthly Newsletter
Partners
ACRIE in the media

13. Page 13 of 13 IFM Monthly Newsletter
• Arabic Online Coverage:
• Al Bayan
• Al Khaleej
• Al Ittihad
• Emarat Al Youm
• WAM
• Araa News
• HN Speed
• Aawsat
• En Maktoob News Yahoo Online
• Al Bawaba
• http://www.albawaba.com/ar/business/pr
English Online Coverage:
• Arab Wide Web
• Emirates Week
• Press Release Ping
• Zawya
• Pocket News Alert
• Invest in Brazil
• CPI Financial
• Gulf News
• Gulf News 247
• Albawaba
• Khaleej Times
• Al Press
• Press Release Point
• Dubai PR Network
• Day of Dubai
• Go Dubai
• Mena FN
• Islamic Banking Magazine
• Scoop IT
• Social Media News
• Wam
• Capital Business
• Topix
ACRIE in the media- Online Coverage
Contact ACRIE: www.acrie.ae / walbash@acrie.ae / Tel 0097147058404