August, 2015

Issue 2

Institute of Finance

& Management

In this Issue

IFM: Introduction

IFM Strategic Partners

IFM Certificates

Highlights: Latest News

Mark Your Calendar

Highlights:

IFM signs Agreement with

Fleming Gulf

Aafaq distributed parcels during

Ramadan

ACRIE to issue first Takaful

report with DCIBF

Monthly Newsletter- August 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 19th

2015

Time Management

workshop on August 29

Page 2 of 6 Page 2 of 6 IFM Monthly Newsletter

“In the framework of

its social

responsibilities

activities, aafaq

Islamic finance

distributes parcels.”

Institute of finance &

Management signed an

Agreement with Fleming

Gulf, a leading marketing

and media company as a

supporting association in

the upcoming 7th

World

Islamic Retail Banking

Conference, 17 – 18

November 2015, Dubai –

UAE. Pursuant to the

agreement, Fleming Gulf

Partnership between Fleming Gulf & Institute of Finance & Management

UAE, July, 2015

(ACRIE) – aafaq Islamic

finance distributed

parcels during the holy

month of Ramadan in a

number of UAE areas.

Aafaq Islamic finance,

the UAE leading Islamic

finance company has

aafaq distributed parcels during Ramadan

ACRIE, a research

subsidiary of aafaq

Islamic finance will

issue its first report on

Takaful in partnership

with Dubai Center for

Islamic Banking and

finance at Hamdan

ACRIE to issue first Takaful report in partnership with DCIBF- Hamdan smart University

will Acknowledging Institute

of Finance and Management

(IFM) as the" Supporting

Association" for the 7th

World Islamic Retail Banking

Conference (on all printed &

on-line materials) and IFM's

logo will feature in the Official

Event Magazine’ in all Ads,

E-shots, marketing collateral

and branding opportunities at

the event / exhibition. IFM

will also be entitled to 2

conference passes and will

have the opportunity to

distribute free copies of its

marketing materials to

participants.

IFM will also get Exclusive

discount to subscribers on

conference registration and

the opportunity to receive all

speaker presentation and

participation profiles for all

participants. ..

http://www.ifm.co.ae

dispatched food

packages in various

areas including to those

needy people in the

UAE. This action is part

of aafaq Islamic finance

social responsibility that

covers different

philanthropist activities.

To continue:

http://www.ifm.co.ae

Smart University

UAE.

The issuance of such

a report comes

pursuant to an

agreement signed

between Hamdan

Smart University and

aafaq Islamic finance.

Aafaq is aligning its

objectives with Dubai smart

government and Islamic

Economy objectives.

Both parties agree to issue a

number of other reports later.

Page 3 of 6 IFM Monthly Newsletter

The Dubai Islamic

Economy Development

Centre (DIEDC) will

publish its annual report

on Sharia-compliant goods

and services in October.

It is part of the Dubai

government’s efforts to

become a world leader in

Islamic products ranging

from finance, food and

tourism.

The Islamic economy

Dubai Islamic Economy Development Centre to

Publish Annual Report in October

Abu Dhabi Islamic Bank’s

(ADIB) rights issue will be

conducted through the

issue of tradable

securities to registered

shareholders of ADIB as

at the close of business of

the ADX on 13 August

2015 in the amount of 56

Rights for every 1,000

shares held at a price of

AED 3 per new share,

including a premium of

AED 2 per share.

Abu Dhabi Islamic Bank Rights Issue Timetable

“To catch the reader’s

attention, place an

interesting sentence or

quote from the story

here.”

could be a US$3.73

billion market for

companies focused on

Sharia-compliant

industries by 2019,

according to estimates

from Thomson Reuters

and DIEDC.

The State of the Global

Islamic Economy report

will also highlight rapid

growth in Islamic

finance, with

outstanding assets

expected to exceed

$4bn by 2019,

according to DIEDC

estimates. Countries

such as Hong Kong,

Britain and South Africa

issued their maiden

sukuk in the past year.

“We are confident that

the report will inspire

and empower

entrepreneurs, industry

leaders and investor.

The issue will see ADIB’s

share capital increase

from AED 3,000,000,000

to AED 3,168,000,000,

ADIB intends to use the

funds in order to

strengthen its capital base

and fund its banking

operations, including

extending financing to

customers.

Each Right grants

eligibility to subscribe for

one new share at the

issue price. Shareholders

who do not wish to

subscribe may sell their

rights to other investors

from the opening of

trading on 16 August

2015 until the close of

trading on 3 September

2015. Subscription for the

new shares will take

place from 23 August

2015 until 10 September

2015.

Caption describing picture or

graphic.

Page 4 of 6 Page 4 of 6 IFM Monthly Newsletter

ACRIE, aafaq Center for

Research in Islamic

Economy, a subsidiary of

aafaq Islamic finance, is

going to issue the first

Islamic finance directory

pursuant to an agreement

signed between aafaq

Islamic finance and Union

of Arab Banks

The agreement states that

ACRIE and UAB to issue the first Islamic Finance Directory in Arabic

“To issue the first

Islamic finance directory

that covers All Islamic

Banks in the Arab

World”

“Our Global Professional Certificates”

both parties will jointly

partner in issuing a global

directory on Islamic

financial institutions in the

Arab world.

It is worth mentioning that

this directory is the first to

be issued in Arabic

language.

CIBAFI used to issue till

2013 an English version of

global and GCC Islamic

finance directories.

However, since 2014,

CIBAFI no longer issues

such a publication.

This publication will deal

with financial highlights

and indicators for all

Islamic banks in the Arab

world.

Page 5 of 6 IFM Monthly Newsletter

Mark Your Calendar: September 19, 2015

Page 6 of 6 Page 6 of 6 IFM Monthly Newsletter

Our Strategic Partners

Mark Your Calendar: August 29, 2015

Mark Your Calendar: August 29, 2015