Certified Islamic Investment Management Specialist: study modules
Three short modules on managing investors' money under Islamic contracts
Introductory · 3 hours · 9 lessons · Language: English and Arabic · ID: IFS-COU-0022
An Islamic investment manager looks after other people's money as a trustee. These three short modules explain, in plain language, how mudarabah and investment agency work and how the manager is paid, how profit in an investment pool is calculated and shared, and when a manager is liable for losses and how investors can be protected without a guarantee of capital.
Each module has a reading with a worked example, slides, study notes and a short practice quiz. The modules prepare you for the Certified Islamic Investment Management Specialist exam.
This is independent ifSPACE material written in its own words; it is not affiliated with AAOIFI and is not a fatwa.
What you will learn
- Explain how mudarabah and investment agency work and how the manager earns a profit share, a fee or an incentive
- Follow the steps for calculating and sharing profit in an investment pool, including weightages, reserves and prohibited income
- Say when an investment manager is liable for a loss and name permitted ways of protecting investors
Syllabus
1.Mudarabah and investment agency
- Two contracts for managing investors' money20 min
- Module 1 presentation15 min
- Module 1 practice quiz10 min
2.Profit in investment pools
- How pool profit is calculated and shared20 min
- Module 2 presentation15 min
- Module 2 practice quiz10 min
3.Manager liability and investor protection
- When a manager is liable and how investors are protected20 min
- Module 3 presentation15 min
- Module 3 practice quiz10 min