Certification on Islamic Banking, Finance &
Capital Market


BSE Institute Ltd. (BIL) Certification on “Islamic Banking, Finance & Capital Market

The passing of this examination entitles the candidate to receive BSE Certification on Islamic Banking, Finance & Capital Market.

BSE Institute Ltd. shall conduct a Test of 100 marks consisting of 60 multiple choice questions, each entitling the candidate to 1 mark, 2 marks or 3 marks depending on the level of difficulty of the questions. The test must be completed in 90 minutes. For each wrong answer there will be negative marking of 25% of the marks assigned to each question.

The certificate shall be awarded to only those candidates who obtain a minimum of 50% marks. There is no minimum eligibility criterion for taking the test.

Click here to view the list of test centres

This certification will help candidates:

  • Gain an understanding of the basic principles of Islamic Finance and understand the working of an Islamic Bank
  • Learn the techniques of selecting Shariah compliant stocks and investing in equities in a Shariah compliant manner.
  • Learn about Sukuk (Islamic Bonds) and their role in the world of contemporary Islamic Finance
  • Learn about the principles and practices of Takaful (Islamic Insurance)
  • Know about International Islamic Finance regulatory bodies
  • Gain an insight into the possibilities of Islamic finance in India
  • Introduction to Islamic Banking and Finance:

    The Global Scenario, Emergence of Islamic Banking and Finance: Causes and Imperatives, Major Differences between Conventional and Islamic Economics Objectives, Sources and Principles of Shariah, Principles of Islamic Finance, Islamic Financial Contracts Islamic Banking Services and Products, Sources and Application of Funds, Differences between Conventional and Islamic Banks, Islamic Capital Markets, Islamic Equity Market, Shariah Screening of Equity Stocks, Sukuk (Islamic Bond), Takaful (Islamic Insurance), Shariah Objections to Conventional Insurance, Differences between Conventional Insurance and Takaful, Principles and Models of Takaful,Islamic Finance Governance Institutions, Islamic Finance in India, Analysis of the Current Islamic Finance Landscape, Possibility of Islamic finance in India, Glossary of Key terms

    Banking and Finance Professionals, CFOs, Fund Managers, Merchant Bankers, Corporate Financial Advisors, Portfolio Managers, Product Development Managers, Finance Marketing Professionals, Chartered Accountants, Stock Brokers, Wealth Mangers, Managers of AMCs, Researchers & students

    90 minutes

    5 years

    Rs. 2000 + Applicable Taxes

    Candidates interested in taking the test at any of the centres i.e Mumbai, Ahmedabad, Bangalore, Chennai, Cochin, Delhi and Kolkata can make online payment of Rs. 2,300/- through BSE payment gateway by using Credit Card / Debit Card. Candidate can also approach the respective centres with a DD of Rs.2,300/- drawn in favour of “BSE Institute Ltd.” payable at the respective Centre.Candidates must take the test within 180 days of registering for the course.

    Standard Registration Process :

    Step 1 - New user needs to register thru online & generate their User ID & password (New Users may click on the following link for registration: https://payment.bsebti.com/default.aspx)

    Step 2 - Upload latest photograph

    Step 3 - Make payment (Candidates shall receive study material only after payment)

    Step 4 - Enroll for the certificate exam (Select certification Name, date & Time Slot for examination & generate hall ticket)

    Step 5 - Candidate must report to the Exam Center at least 15 minutes prior to desired slot along with a print out of hall Ticket & valid photo ID card (Pan Card / Driving License / Passport / Aadhaar Card etc. )

    *** Above mentioned all steps are mandatory to take the test. The candidates shall not be allowed to take the test if they miss any of the above mentioned steps

    Fees once paid will not be refunded.

    Phone: 022 – 2272 8856 / 6535 5888
    E-mail: Certhelp@bseindia.com

    Certification Examination (Outside Mumbai) for 25 or more candidates:
    For conducting Certification Examination for 25 or more candidates, contact:
    Govind Singh Sailoni 022 – 2272 8062
    E-mail: govindsingh.sailoni@bseindia.com