Prerequisites

 PROFESSIONAL DIPLOMA IN ISLAMIC BANKING AND FINANCE (PDIBF)

 Program Modules and Award of Credit Units:

The National University of Singapore (Extension) offers an on-line program leading to Professional Diploma in Islamic Banking and Finance (PDIBF). Students have to complete all six modules for the award of the professional diploma.

The program comprises of 6 modules, and the total credit for this diploma is 22 units.

 

No.	CODE REF.	CREDIT UNITS	MODULES
1.	COE 0111	2 units
2.	COE 0112	4 units	Shariah Law of Contracts for Islamic Banking and Finance
3.	COE 0113	4 units	Accounting for Islamic Financial Products
4.	COE 0114	4 units	Principles in Islamic Business Ethics
5.	COE 0115	4 units	Islamic Money and Capital Market
6.	COE 0116	4 units	Money Laundering from an Islamic Perspective

Module Composition:

Each module comprises of at least 6 units. The maximum number of units is 10 units in a module.

Formative and Summative Questions:

In each unit, students will be tested based on formative and summative questions.

Formative questions: These are auto-assessed and do not contribute to the final result of the module. They are included in the units for the purpose of guiding students in understanding the content units. Students should attempt these questions until they succeed in getting them right.

Summative questions: Students will find at least 3 summative questions in each module. These questions must be attempted. They will be assessed by the module convener and the grade will contribute to the overall course assignments mark.

Program Assessment:

The program is assessed as follows:

50% - Course Summative Assignments

50% - Examination

The aggregate marks of course summative assignments and final examination will form the total overall mark for each of the modules.

Examination:

Examinations are set twice in a year – mid-June and early December.

Duration of Program

Student is allowed to sit at least 2 modules at a time. The minimum duration for completion for each module is 6 months and the maximum is 18 months. This would allow a student to register and attempt at least three examination sittings for each module. If a student fails to pass at the third sitting, the examination body would require the student to repeat the module. No student is allowed to repeat a module more than once.

The design in the duration for the program is therefore flexible and student may sit for the modules at their own pace. However, the minimum time duration for the completion of the program is 18 months.

Entry Qualifications

A candidate for admission into Professional Diploma in Islamic Banking and Finance must satisfy the following requirements:

a.       At least 3 GCE ‘A’ levels Examination or its recognised equivalent, of which at least one subject must be a ‘B’ grade.

b.      Must possess English and Maths are GCE ‘O’ level Examination or its recognised equivalent at Grade ‘C’. Candidates who do not possess a Grade ‘C’ GCE English ‘O’ level are expected to show English proficiency by attaining IELTS score of 6.0 or TOEFL score of 550.

c.       For those without GCE ‘A’ level qualification, but have at least 3 ‘O’ level in any subjects of which one subject must be English GCE ‘O’ level at Grade “C’ and at least 5 years of working experience at officer’s level in any organisation, may be allowed to apply for admission. The Board of Examiners will assess the entry credibility for such candidates.

All candidates will be required to submit their qualification documents once they are admitted to the online program. The Board of Examiners will have the final discretion for admitting any candidates to the program.

Date for Intake

Candidates may register into the program at any time of the year. However, a student needs to be registered at least 12 weeks prior to examination.