Introduction

Developed and monitored by the Investment Accreditation Examination Board, consisting of representatives from all commercial banks in addition to representatives from Saudi Arabian Monetary Agency (SAMA) and The Institute of Banking (IOB).

Objectives

• Ensure adequate investor protection
• Enhance professionalism and ethics within the banking community
• Contribute to the growth and the development of Saudi Capital Markets

The exam covers the following topics:

• SAMA Investment Business Regulations
• Principles of Investment
• Investment Products
• Principles of Economics

Exam Information

• Consists of 100 questions
• Multiple choice type exam
• Duration is 2.5 hours
• A computer-based-test (CBT)
• Pass score is 65/100

Admission Requirements

• Exam form to be filled out by nominee
• Exam Statement form to be signed by nominee
• A clear copy of ID for Saudis and Iqama for Non-Saudis

The IOB conducts a preparation course for the (BIC): The Basic Investment Examination Preparation Course. This course is optional but highly recommended. For more Information about this course, please refer to Banking & Financial section under (Investment courses).

For further information about the Exam, please contact:

Mr. Salem Al-Asiri Tel: 463-3000 Ext. 3808 Fax: 466-2415 E-mail: salem@iobf.org

Training Management Unit Tel: 463-3000 Ext. 3814; 3773 Fax: 466-2415 E-mail: tmu@iobf.org

 

Forms & Materials :

• BIC Material (Arabic PDF)
• BIC Material (English PDF)
• BIC Form & Statement (English & Arabic PDF)
• BIC Form & Statement (English & Arabic MS Word Dcument)
• BIC Candidates Bulletin (English & Arabic PDF)
• BIC Course Schedule 2007 (English PDF)
• BIC Exam Schedule 2007 (English PDF)