The document discusses upcoming events at the Institute of Finance & Management (IFM) in September and October 2015. It notes that aafaq Islamic Finance will launch the Taaleem Fund with 650 million AED to support education and that a new school in Barsha will open in 2016. It also announces that the aafaq Encyclopedia will be launched during the Global Islamic Economy Summit in Dubai in October 2015.

1. September, 2015
Issue 3
Institute of Finance
& Management
In this Issue
 IFM: Introduction
 IFM Strategic Partners
 IFM Certificates
 Highlights: Latest News
Highlights:
 Aafaq CEO exclusive interview
with Wealth Monitor
 aafaq to launch Taaleem Fund
 IFM to conduct Islamic
Arbitration workshop and
Time Management training
 Aafaq to establish a new school
in Barsha in 2016
 aafaq to issue first Islamic
finance Encyclopedia during
Global IE Summit- Oct 05-06
Monthly Newsletter- September 2015
Based on a sagacious
and strategic vision,
which supports the
concepts of Islamic
Economy, and seeks to
spread the same to the
world, and under the
umbrella of the
initiative of his
Highness Sheikh Faisal
Al Qassimi “Seek
Knowledge”, IFM, the
training institute
specialized in Islamic
financial, banking and
administrative training,
was launched.
Institute of Finance & Management (IFM)
Islamic Economy Knowledge Infrastructure
IFM provides a unique
range of certificates
with global partners.
IFM also presents the
services of professional
training to individuals,
establishments, banks
and organizations, by
providing occupational
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.
programs to cope with
the needs of the global
market through an e-
learning platform.
Useful Links:
www.ifm.co.ae
www.acrie.ae
www.aafaq.ae
businessislamica.com
www.dcibf.ae
MARK YOUR CALENDAR
 Workshop on Islamic Arbitration
with Hamdan BM smart University
on Sept 19
th
2015
 Time Management workshop on
October 3rd

2. Page 2 of 7
Page 2 of 7 IFM Monthly Newsletter
“In the framework of
HH initiative, aafaq
expects to launch a
new school in 2016.”
In his speech with the
media recently, Dr
Mahmoud Abdel Aal,
aafaq Islamic finance
CEO, announced that
aafaq Islamic Finance will
launch a fund of 650
million AED to support
education and knowledge
infrastructure this year.
This action goes in line
with the local UAE trend to
Aafaq to launch Taaleem Fund with a Capital of 650 M AED this year
Dr Mahmoud Abdul Aal,
aafaq CEO, announced
that aafaq has got
approval from KHDA
and municipality of
Dubai to establish a
new primary school in
Barsha.
The school will be
launched in September
aafaq to launch a new school in Barsha
The inaugural
‘Innovation 4 Impact’
competition, the first
of its kind targeting
the growing Islamic
digital economy, will
take center stage at
the Global Islamic
Economy Summit
“Innovation 4 Impact” Competition set to monetize
Islamic economy sectors via digital technology
build a creative and
innovative new
generation.
The fund is Sharia
compliant as per the
company legal status.
The fund will be meant at
building new educational
innovative institutions that
will go in line with the UAE
vision and compliant with
the labour market outputs.
This same fund comes
within the framework of
Sheikh Faisal al Qassimi,
aafaq MD, initiative “Seek
Knowledge”
Dr Mahmoud highlighted
the importance of taking
into account the market
requirements and
emerging energy
requirements.
2016 with a capacity of
3400 students.
Dr Mahmoud mentioned
that return on investment
will take around 5 years
for breakeven.
Dr Abdel Aal expects
that there will be a big
demand on educational
services in the UAE
including schools as well
as universities while
highlighting that balance
between offer and
demand to be taken into
consideration.
(GIES 2015) as one
of the event’s key
highlights. The
summit is scheduled
to run from October
5-6 at the Madinat
Jumeirah in Dubai.
The competition,
which opened applications
on June 29, is hosted by
Dubai Silicon Oasis
Authority (DSOA) and the
Dubai Islamic Economy
Development Centre
(DIEDC) and organized by
Thomson Reuters.

3. Page 3 of 7 IFM Monthly Newsletter
Dr Mahmoud, aafaq CEO, exclusive interview with
Wealth Monitor

4. Page 4 of 7
Page 4 of 7 IFM Monthly Newsletter
“Our Global
Professional
Certificates”

5. Page 5 of 7 IFM Monthly Newsletter
Request your copy
Aafaq Encyclopedia to be
launched during the Global Islamic
Economy Summit Oct 05-06-
Dubai:
Request your copy
Aafaq Directory in cooperation with UAB,
Takaful Report in Cooperation with Hamdan
Smart University

6. Page 6 of 7
Page 6 of 7 IFM Monthly Newsletter
Mark Your Calendar
Oct 3rd, 2015
Mark Your Calendar
Sept 19th

7. Page 7 of 7 IFM Monthly Newsletter
Partners
IFM & ACRIE in the media