CIIF 3 rd ANNUAL GENERAL MEETING 25 JUNE 2019, GRAND HYATT HOTEL, - PowerPoint PPT Presentation

CIIF 3 rd ANNUAL GENERAL MEETING 25 JUNE 2019, GRAND HYATT HOTEL, KUALA LUMPUR Presented by Dr Azura Othman Chief Executive Officer

1 Key Highlights of 2018 2 Events & Professional Programmes Agenda A Glimpse of 2019/20 3 4 A Peek into the Future 2

KEY HIGHLIGHTS OF 2018 ❑ Milestones and Progress ❑ Membership Summary ❑ Summary of Financials

Summary of Highlights 1 2 3 4 5 CPIF STF-I CIIF-Bank Continuing Chartered Funding Rakyat TIB Professional Fellowship Full speed development of collaboration Development Masterclass RM3mil for CPIF (CPD) (CFM) CPIF CPIF pilot development programme and Standard 98 CEOs and C- admission of 2 suites from all Islamic Issuance of cohorts of The banks and Takaful Standards and Islamic Banker companies Guidelines and (TIB) candidates onboarded as CPIF effective date (56 in total) as and first 11 Fellow January 2019 the first batches Members of CPIF candidates 4

Milestones And Progress 2021 2020 ✯ More international chapters 2019 ✎ International ✯ Major international conferences and forums roadshows 2018 ✎ CIIF Competency ✓ Institutionalisation of ✯ CPIF going global Development CIIF’s qualifications ✯ Internship and ✓ First intake for CIIF Framework fully ➢ Joint declarations externship Professional Programme implemented with IFI programmes ➢ Collaboration: Bank ✎ International chapters in ✓ Review of CIIF Rakyat The Islamic Banker major IF centres Standards and Programme ✎ Global network of Professional ✓ Conferment of first cohort of members Programmes Fellow Members ⏳ Institutionalisation of ⏳ Relocation to AICB Chartered & Fellowship ➢ CIIF’s qualification in Building Masterclass (CFM) international institutions ⏳ CIIF Competency ⏳ First international chapter Development and country chapter ✯ First graduates of CPIF Framework ⏳ Issuance of Concept Paper ✯ Issuance of two new ⏳ International chapters on Islamic Finance standards Professionalisation Blueprint ✯ Official launch of CPIF ⏳ CIIF’s 1 st Professional ✯ CPD roll out Symposium ✯ International ⏳ CIIF’s 1 st Nexus Forum` 5 collaborations

Milestones And Progress PROFESSIONAL DEVELOPMENT GLOBAL OUTREACH Developing technical and non- Establish global inter-linkages and collaboration technical skills Completion of charter by-laws in preparation for ▪ Issuance of CIIF Professional ▪ establishment of overseas chapters Philosophical document CIIF international membership to date is 17% of Issuance of CPD Standards and ▪ ▪ total membership Guidelines INITIATIVES, EVENTS & ACTIVITIES INDUSTRY RECOGNITION Industry review of CPIF ▪ Industry adoption of CIIF professional CPIF pilot programme with Bank Rakyat ▪ The Islamic Banker Programme qualification Signed joint declaration with Islamic banks, ▪ FLAGSHIP PROGRAMME Takaful operators and full fledged Islamic Chartered Professional in Islamic Finance ▪ Development Financial Institutions. (CPIF) MOU discussions with Jabatan Pendidikan ▪ Chartered and Fellowship Masterclass ▪ Politeknik & Kolej Komuniti, UNITAR and Universiti (CFM) Malaysia Kelantan (UMK). Completion delivery of 7 cohorts ▪ 11 Fellow Chartered Member ▪ 6 83 Chartered Members ▪ 6

Membership Summary Europe & Central North America Asia 0.1% 1.2% South Asia 3.3% Middle Malaysia East & 83.4% Africa East Asia & 8.9% Pacific 3.1% 7

Members by Region Malaysia 941 Sub-Saharan Africa 58 Total 1128 members Middle East & North Africa 42 South Asia 941 37 149 Malaysian Other East Asia & Pacific region 35 Europe & Central Asia 13 North America 1 Somaliland 1 8

Members by Category 462 117 404 145 (41.1%) (10.4%) (35.6%) (12.9%) Chartered Senior Student Junior Member Associate Member Associate Member Member As at 31 st December 2018 9

Membership Statistics Percentage of Members By Category 100 100 100 100 90 90 90 90 80 80 80 80 70 70 70 70 60 60 60 60 50 50 50 50 40 40 40 40 30 30 30 30 20 20 20 20 10 10 10 10 0 0 0 0 2015 2018 2017 2016 (upon incorporation) Total Total Total Total 353 829 1128 599 Junior Associate Senior Associate Legend: Student Chartered Member Member Member 10 Member

Membership Statistics – latest Members By Category 11 377 402 Total: 464 Total: 523 1128 1224 Fellow Member members members Ordinary Member - Member 151 Associate Member - Senior 117 Associate 145 162 Associate Member - Junior Associate Student Member - N/A As at 31 st December 2018 As at 31 st May 2019 11 11

Summary of Financials 2,421,054 101,705 1,961,970 EXPENDITURE Expenses were 805,050 mainly from MEMBERSHIP REVENUE operations and 116,173 Membership fee development of PROFIT BEFORE TAX income grew by CPIF. Included in profit 115% mainly is unutilized fund through PROGRAMME REVENUE from STF-I for enrolment of TIB development of The income from CPIF FIXED ASSETS and CFM CPIF is minimal as it is still participants No addition during under a pilot the year as CIIF programme. The main embarked on income generator is leasing of office from the CFM equipments 12

Summary of Financials Revenue from CIIF Activities Membership Fees CFM Fees CPIF Programme Fees Others Amount Details Revenue RM Revenue RM Revenue RM (RM) Gain form Quarter 1 - Quarter 1 185,320 Quarter 1 132,000 foreign 26 exchange Quarter 2 - Quarter 2 - Quarter 2 - Hibah 3,650 Quarter 3 423,250 Quarter 3 4,755 Quarter 3 153,800 Profit from 35,136 term deposit Quarter 4 - Quarter 4 - Quarter 4 96,000 Total : 38,812 Total : 423,250 Total : 190,075 Total : 381,800 Related Related Related RM RM RM Expenses Expenses Expenses Membership Pilot training CFM Expenses 185,467 28,709 367,200 pack, Risalah delivery Total : 185,467 Total : 54,187 Total : 371,778 Surplus RM Surplus RM Surplus RM 13 Total : 135,888 Total : 237,783 Total : 10,022

Statement of Comprehensive Income 14

Financial Position 15

EVENTS & PROGRAMMES ❑ Grand Council Activities ❑ Chartered Professional in Islamic Finance (CPIF) ❑ Chartered & Fellowship Masterclass (CFM)

Grand Council & Committees Attendance GRAND COUNCIL MEETINGS MEMBERS FEB MAY JUN AUG DEC TOTAL YBHG. DATO’ BADLISYAH ABDUL GHANI 5/5 HAJI ABDUL RAHMAN MOHAMED YUSOFF* 4/5 DR. SYED ADAM ALHABSHI 5/5 MR. WAN AHMAD NAJIB WAN AHMAD LOTFI* 4/5 DR. IRUM SABA* 2/5 PROF. DR. ASMADI MOHAMED NAIM 5/5 MR. MASUMI HAMAHIRA 5/5 MS. FOZIA AMANULLA* 3/5 MR. ZAFRI ABDUL HALIM* 2/5 DATO’ HAJI SYED MOHEEB DATO’ SYED - - - - 1/1 KAMARULZAMAN MR. ELMIE DATO’ HAJI AMAN NAJAS* - - - - 0/1 MS. AZLEENA IDRIS* - - - - 0/1 17 Attended * Absent with proper notification 17

Grand Council & Committees Meetings EXECUTIVE COMMITTEE MEETINGS ADMISSION AND MEMBERSHIP COMMITTEE MEETINGS MEMBERS MEMBERS YBHG. DATO’ BADLISYAH ABDUL GHANI MR. ABDUL RAHMAN MOHAMED YUSOFF MR. ABDUL RAHMAN MOHAMED YUSOFF MR. ZAFRI ABDUL HALIM DR. SYED ADAM ALHABSHI MR. MASUMI HAMAHIRA MR. WAN AHMAD NAJIB WAN AHMAD LOTFI 18 18

Grand Council & Committees Attendance NOMINATION COMMITTEE MEETINGS STANDARDS DEVELOPMENT AND REVIEW COMMITTEE MEETINGS MEMBERS MEMBERS YBHG. DATO’ DR. NIK RAMLAH NIK MAHMOOD YBHG. DATO’ BADLISYAH ABDUL GHANI YBHG. DATUK SERI DR NIK NORZRUL NIK HASSAN THANI PROF. DR. ASMADI MOHAMED NAIM PROF DR SYED ABDUL HAMID AL JUNID DR. SYED ADAM ALHABSHI DR. NURLIZA MYDIN MR. WAN AHMAD NAJIB WAN AHMAD LOTFI DR. AZURA OTHMAN PROFESSIONAL EDUCATION & ASSESSMENT COMMITTEE MEETINGS YBHG. DATO’ HAJI SYED MOHEEB DATO’ SYED KAMARULZAMAN PROF. DR. ASMADI MOHAMED NAIM HAJI JASANI ABDULLAH MS. AZLEENA IDRIS MS. HARTINAH ANNUAR* * Co-opted Learning Design expert 19 19

Events & Activities 20

Roadmap to CPIF Qualification Enrolment Jan 2020 Enrolment Jan 2020 Enrolment July 2020 Enrolment Sept 2019 Exam June 2020 Exam June 2020 Exam Dec 2020 Exam Jan 2020 Foundation Intermediate Proficient Chartered ▪ ▪ ▪ ▪ Completed Completed 60% completed Commencing ▪ ▪ ▪ 4 modules 4 modules 4 modules development July ▪ ▪ ▪ General track with General track – Specialisation track – 2019 ▪ specialization in banking and takaful Banking and Takaful 3 modules ▪ ▪ ▪ Takaful/Banking Products Exemptions possible Exemptions possible on a Specialised module case by case basis subjects ▪ ▪ Exemptions possible except No exemptions Professionalism and Ethics 21 module

CPIF Pilot Programme and Industry Review CPIF Pilot Programme in conjunction with The Islamic Banker (TIB) CPIF Industry Review: 16 April 2018 22 22