Talent Development



Fundamental Certificate in Islamic Banking and Takaful (FCIBT) is designed to ensure that industry practitioners have attained minimum standards and quality in terms of knowledge and competency in Islamic finance. Consists of three (3) modules namely, Fundamentals of Shariah, Fundamentals of Islamic Banking and Fundamentals of Takaful, this comprehensive program would ensure that Islamic finance practitioners acquire a thorough understanding of Shariah-compliant banking and Takaful system as well as products and services.

Learning Outcomes

At the end of the program, participants should be able to:

  • Describe the Shariah requirements and prohibitions in Islamic commercial transactions as well as gain a strong foundation in the fundamentals of Shariah contracts
  • Analyse and comprehend the various structures of Islamic financial products and services
  • Explain the differences between conventional and Islamic finance practices


Module 1: Fundamentals of Shariah

Module 2: Fundamentals of Islamic Banking

Module 3: Fundamentals of Takaful

Method of Instruction

  • Interactive classroom training
  • Hands-on /practical approach /case studies
  • Online Learning


Module 1: Fundamentals of Shariah
  • Introduction to Shariah and Fiqh
  • Rule-Making Process in Islamic Law (Ijtihad)
  • Overview of Fiqh al-Muamalat al-Maliyyah
  • General Prohibitions in Muamalat Contracts
  • The Main Theories of Muamalat Contracts
  • Application of Muamalat Contracts & Principles in Islamic Finance
  • An Overview of Islamic Finance
Module 2: Fundamentals of Islamic Banking
  • Introduction to Islamic Financial System
  • Islamic Banking Operation
  • Deposit Products
  • Wealth Management Products
  • Consumer Banking Products
  • Commercial and Corporate Banking Products
  • Treasury Products
  • Risks and Compliance
  • Issues and Challenges Steering Islamic Banking for the Future
Module 3: Fundamentals of Takaful
  • Overview of Takaful
  • Shariah and Legal Aspects in Takaful Business
  • General Takaful
  • Family Takaful
  • Retakaful
  • Governance and Management of Takaful Operators
  • Issues and Future of Takaful

Entry Requirement

Minimum Malaysia's Sijil Pelajaran Malaysia (SPM) or equivalent or related recognized prior work experience.

All registrations is now online, please click here

For Further Information, Please Contact

Marketing Team at 03-2031 1010 ext 547/564/599 or
Email us at : training@ibfim.com