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ICWIM + UAE FRR bundle

Prepare for the UAE advisory exam pair with one pack.

Full ICWIM and UAE FRR access for candidates whose role route requires both exams, including portfolio, financial analyst and promotion-manager paths. 1,358 questions, 16 chapter walkthroughs, 2 cram sheets and one license key. £79, saving £19.

One key unlocks both courses. Not every CMA role needs ICWIM; check the role table below.

1,358practice questions
16chapter walkthroughs
2cram sheets
£79save £19
Bundle practice

ICWIM + UAE FRR

1
ICWIM mocksWealth, advice, products, portfolio theory and client suitability.
2
UAE FRR drillsCMA/SCA rules, funds, AML/CFT, markets and client protection.
3
One unlock keyUse the same license key to access both course banks.
Bundle coverage2 courses
Role-specific routeFor ICWIM + UAE FRR job functions.
One license keyUnlock both courses after purchase.
Save £19£79 instead of £98 separately.
Useful before relocationBoth exams are Pearson VUE delivered.
Independent prepNot affiliated with CISI or the CMA.

What you get inside

The pack combines investment and wealth-management practice with the UAE regulatory paper required across CMA-licensed roles.

I

Full ICWIM bank

678 questions across the wealth and investment syllabus, including mocks, chapter drills and audio cards.

F

Full UAE FRR bank

680 questions across the UAE rulebook, including rule drills, mocks, walkthroughs and a cram sheet.

K

One key unlocks both

Buy once, unlock both course banks from the FinStudyHub app with a single license key.

£

Bundle saving

£79 for both courses instead of £98 separately, saving £19 for candidates taking both.

Review from a FinStudyHub buyer

I had a great experience with this website. It provides excellent, professional, and easy-to-use tools that made my revision and preparation much easier and more effective. I would also like to appreciate the customer support team. They are very supportive, responsive, and always quick to answer any questions or provide assistance when needed. Overall, a very useful and reliable platform. Highly recommended!

Wissam FahimVerified buyer · ICWIM question bank (included in this pack)
ICWIM + UAE FRR pack
£79

One-time access to both question banks, mocks, walkthroughs, audio cards and cram sheets.

Get the pack Designed for candidates whose CMA role route pairs ICWIM with UAE FRR. Other roles may need CFC, RFS or another CISI exam instead.

Built around the two-exam route

Keep the two syllabi separate while using one purchase and one app unlock.

ICWIM678 questions across 8 chapters
UAE FRR680 questions across 8 chapters
Walkthroughs16 chapter walkthroughs in total
Cram sheetsOne for each exam
Mocks100-question exam-style mocks
Audio cardsConcept review for both banks
App accessICWIM and FRR course modes
Saving£79 bundle vs £98 separately

Who needs ICWIM + UAE FRR?

The UAE Capital Market Authority (CMA, formerly the Securities & Commodities Authority) licenses firms in five categories — Category 5 covers advice and arrangement. Individuals are registered as approved employees of those firms, and the CMA sets the exams they need by job function.

Every licensed role needs UAE Financial Rules & Regulations. The CMA's licensing chart then pairs it with CISI ICWIM for:

That's the pair the Cat 5 Pack bundles. Both exams are delivered by CISI via Pearson VUE.

Not every role needs ICWIM. Compliance heads need UAE FRR + Combating Financial Crime; risk and credit-rating roles need UAE FRR + Risk in Financial Services; trading, operations and listing roles each have their own second exam. See the full role-by-role table, sourced from the regulator's licensing chart, and confirm with your firm's compliance team.
2026 update: the SCA is now the CMA. On 1 January 2026 the UAE Securities & Commodities Authority (SCA) became the Capital Market Authority (CMA). The CISI workbook and the UAE FRR exam still say "SCA", so treat the two names as the same regulator. Existing SCA decisions and resolutions stay in force until the CMA replaces them.
DFSA (DIFC) / FSRA (ADGM) candidates: these requirements apply to the CMA's onshore regime. The free-zone regulators (DFSA, FSRA) run separate competence frameworks — check with your firm before assuming these exams satisfy them.

Inside the ICWIM + UAE FRR pack

CISI ICWIM — International Certificate in Wealth & Investment Management

UAE FRR — CISI UAE Financial Rules & Regulations

Combined totals

ICWIMUAE FRRBundle total
Practice questions6786801,358
Chapter walkthroughs8816
Cram sheets112
Quiz modes555 per course
License unlocksICWIM onlyFRR onlyBoth — one key

The £19 saving, plain and simple

Ready to build your Cat 5 stack?

One license, both exams. £79 saves you £19 and covers the CMA's exam pair for advisory and portfolio roles.

Who takes the Cat 5 stack?

New relocator to UAE finance

Someone joining a UAE-regulated advisory or portfolio-management firm from overseas, into a role where the CMA requires ICWIM + UAE FRR.

UAE-domestic career-changer

Moving from a UAE support role (operations, ops-risk, junior compliance) into an analyst, portfolio-management or promotion role changes which exams you need. For those roles it's ICWIM + UAE FRR.

Graduate entering UAE wealth management

Graduates joining private banks and boutique wealth managers in Dubai or Abu Dhabi, heading for analyst or portfolio roles.

Consultant / non-UAE professional planning a UAE move

Cat 5 can be prepared for in your home country — CISI exams are delivered globally via Pearson VUE. Sitting both before you relocate is a common tactic for de-risking the UAE job search.

How to sequence ICWIM + UAE FRR

Option 1 — ICWIM first, then UAE FRR (recommended)

ICWIM's investment substance provides context for FRR's regulatory framing. Suitability, KYC, investment funds — you understand why the rules exist after covering the products. Target: sit ICWIM around week 7-8, then give FRR the following 5-6 weeks.

Option 2 — UAE FRR first (if you're UAE-domestic)

If you already work in UAE financial services, the regulatory context is familiar and FRR is quicker. Cleaner to get FRR done in ~5 weeks, then invest the bigger effort on ICWIM.

Total time budget

Assuming 8-10 hours per week alongside a full-time job: 11-14 weeks total for both exams sequentially — both are 100-question papers.

After you pass. The licence belongs to your firm, not to you. Once you've passed both exams, your employer applies to the CMA to register you as an approved employee for your role. The exams are the qualification prerequisite; registration is the employer's step.

Related products

CISI ICWIM only

£49

If you only need the wealth-management foundation, or you already hold UAE FRR.

UAE FRR only

£49

If you already hold ICWIM (or an equivalent) and just need the UAE regulatory piece.

CISI CFC

£49

The second exam the CMA requires for heads of compliance and chief compliance officers (with UAE FRR).

FAQ

How does the "one license unlocks both" work?

When you buy the Cat 5 Pack, Gumroad emails you a single license key. Paste it at finstudyhub.com/unlock and both ICWIM + UAE FRR unlock in your account — no separate keys, no separate purchases.

Can I take just one of the two exams and still use the pack?

Yes. Access doesn't expire. If you're only sitting ICWIM this year and FRR next year, that's fine — both courses stay unlocked forever.

Is Cat 5 required for DIFC / ADGM roles?

No. Cat 5 is part of the CMA's onshore regime. DIFC (DFSA) and ADGM (FSRA) operate separate competence frameworks with their own requirements. Check with your firm's compliance team.

What if I already hold ICWIM from before?

Buy UAE FRR standalone at £49. If you'd bought ICWIM from us previously and now want the pack, email us — we can usually credit the difference.

Do the CISI exams need to be sat in the UAE?

No. Both are delivered globally via Pearson VUE — you can sit them from your current country before relocating. Many candidates prepare + sit both while still in the UK, EU, or India before starting a UAE role.

Refund + access?

One-time payment, permanent access — no expiry, no subscription. Purchases aren't refundable once the licence key is issued, except where something is faulty or not as described — you can try free questions in every chapter before you buy.


CISI, ICWIM and UAE FRR are trademarks of the Chartered Institute for Securities & Investment. FinStudyHub is not affiliated with CISI or the UAE Capital Market Authority (formerly the Securities & Commodities Authority). Content is original preparatory material calibrated to the published ICWIM + UAE FRR syllabi.