CIFE Certification:

Achieve the Certified Islamic Finance Expert (CIFE) certification from AIMS Education and witness firsthand the booming Islamic financial sector. This industry needs 80,000 trained specialists every year due to its 20% growth rate. With a focus on both theory and practice, our all-encompassing online Islamic finance qualification is just what companies are looking for. The CIFE Islamic Finance Certification is Adherent to AAOIFI Shariah Principles, has Level 5 Ofqual Qualification, is CPD Accredited in the UK, and is Recognized Worldwide.

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Level-5: Certified Islamic Finance Expert

AIMS is registered with UKRLP and accredited by CPD in the United Kingdom. CPD accreditation ensures that students acquire extensive knowledge, address intricate challenges, and develop expertise. The Islamic finance certificate holds a value of over 35 credits and adheres to the guidelines established for the Level-5 Ofqual Regulated Qualifications Framework (RQF). Additionally, the program is in compliance with AAOIFI Shariah Standards.

Program Objectives !

  • Gain comprehensive knowledge of Islamic finance principles to enhance your career in a globally recognized field.

  • Master the intricacies of Islamic financial instruments, ensuring compliance with AAOIFI Shariah standards.

  • Develop the skills to implement cutting-edge trends in Islamic finance, positioning yourself as a leader in the industry.

  • Prepare for key roles within Islamic financial institutions worldwide, leveraging our CPD-accredited program.

  • Enhance professional credentials with a Level-5 Ofqual qualification, recognized for its academic rigor and practical application.

  • Integrate theoretical knowledge with hands-on experience, meeting the demands of employers in the finance sector.

CIFE Certification – A Quick Review

Study Mode:Online and Self-paced learning.
Estimated Duration:2-3 months.
Study Resources:Interactive online lectures.
5 comprehensive study manuals.
24/7 Academic support by Shairah scholars.
Islamic Finance e-Library.
Ten Online Assignments.
Number of Courses:Five (5) specialized courses.
Study Requirements:10 to 12 hours of study in a week.
Certifications Awarded:Certified Islamic Finance Expert (CIFE) and
Certified Islamic Banker (CIB).

How to Achieve the CIFE Certification?

The online Islamic finance certification allows you to study on your own schedule. Gaining it requires a substantial financial and time commitment. We provide an Islamic finance library, online lectures, thorough study guides, and homework to help you learn the subject. Academic assistance is accessible at all times.

best Islamic finance certification
  • Visit our website for hassle-free enrollment.
  • Fill out our convenient online form.
  • Gain exclusive access to extensive study materials within 48 hours.
  • Receive your personalized login details.
  • Start your educational journey today.
  • Flexible and convenient learning system.
  • Study at your own pace, anytime, anywhere.
  • Holistic learning with interactive lectures, study manuals, online library, assignments, and 24/7 faculty support.
  • CIFE curriculum is based on AAOIFI standards.
  • Designed by leading Shariah Scholars and practitioners.
  • Access to an extensive collection of books, lectures, presentations, and research papers.
  • Continuous support from Islamic finance scholars and practitioners.
  • Complete assignments before taking the final exam.
  • Take the exam online from home or office.
  • Offers open-book exam format with multiple-choice questions.
  • Achieve a minimum score of 65% to earn the Certified Islamic Finance Expert (CIFE) designation.

CIFE Curriculum!

  • Causes of economic problems, origins, principles of Islamic economics, and comparisons with other systems.
  • Means of wealth production and distribution, an overview of Riba, Maysir, games of chance, and Islamic transaction principles (Fiqh-Ul-Muamlaat).
  • The behavior of firms under the influence of Islamic values.
  • Implementing Shirkah in business and banking transactions.
  • Covers the principles and regulations of Islamic banking and finance.
  • Explores investment vehicle alternatives for individuals, corporations, and governments.
  • In-depth study of Islamic financial contracts like Murabahah, Musharakah, Diminishing Musharakah, Mudarabah, Ijarah, Salam, and Istisna.
  • Examines methods for diversifying Islamic financing strategies.
  • Islamic financing for imports/exports and projects/working capital.
  • Sukuk types, structures, and features; shares and Islamic mutual funds.
  • AAOIFI Shariah rulings for IFIs.
  • Detailed study of Islamic banking mechanisms: Salam, Istisna, Tawarruq, Muzarat, Kafalah, Hawalah.
  • Laws and principles of accounting specific to Islamic financial institutions.
  • Financial accounting and reporting practices within the context of Islamic finance.
  • Development and implementation of investment models tailored for Islamic financial institutions (IFIs).
  • Detailed examination of AAOIFI accounting standards, including case studies on various Islamic finance contracts and investment funds.
  • Overview of Conventional Insurance vs. Takaful principles.
  • Exploration of Takaful norms, legal frameworks, and system types.
  • Detailed study of Wakala and Wakala-Waqf models in Takaful.
  • Examination of Takaful mechanisms, accounting practices, and compliance with AAOIFI Shariah standards, including Re-Takaful.

For details on CIFE Curriculum and our 35% Fee Scholarship offer, CLICK HERE.

Islamic finance certification
Islamic finance qualification

Hear from Our Global Learners!

“I greatly benefited from AIMS in obtaining the necessary knowledge and expertise to become an Islamic finance expert. The CIFE certification is efficiently structured, and the study materials provided are extensive and valuable. I genuinely appreciate the dedication AIMS has put into creating its online lectures and study guides. Each topic was clearly explained, with a wealth of practical information included. I must say that choosing to study Islamic finance with AIMS turned out to be an astute choice on my part.”

Hadeel Abu Loghod, Co-Founder & Co-Chariman, Kuwait

“The CIFE certification from AIMS is the best Islamic finance certification I have encountered. The detailed study materials and interactive lectures provided a comprehensive understanding of Islamic banking. The qualification has significantly boosted my career, making me a recognized Islamic finance expert in the industry.”

Hassan Ahmed, UAE

“The CIFE certification from AIMS was instrumental in advancing my career. The course content, particularly the comprehensive study manuals and online lectures, were excellent. This Islamic finance qualification has made me more proficient and recognized as an Islamic finance expert.”

Fatima Begum, Malaysia

“AIMS offers the best Islamic finance certification program. The Islamic banking certification and the structured curriculum have equipped me with the necessary expertise to excel in my field. I highly recommend this qualification to anyone aspiring to become an Islamic finance expert.”

Mohammed Al-Shehri, Saudi Arabia

Key Features of CIFE

Earning the Islamic finance certification has numerous personal and professional benefits. From a professional standpoint, it will pave the way for greater prospects in the Islamic finance sector and help you climb the corporate ladder. In addition to helping you stand out from other candidates for the job, it will showcase your experience in the industry. On a more individual level, it will help you learn more about Islamic finance and banking, which can improve your whole skill set.

  • Job Opportunities

    Distinguished by an impeccable track record, our graduates in Islamic finance are renowned for their mastery of advanced skills and their ability to secure top-tier positions. Tailored for both ambitious professionals seeking career growth and individuals eager to explore lucrative Islamic finance jobs, our program is your gateway to success in this flourishing industry.

  • International Recognized Qualification

    This best Islamic finance certification has garnered a global reputation as it is highly regarded among employers worldwide. This comprehensive program equips individuals with the necessary skills to effectively manage Islamic financial products and services. As a result, our graduates have secured key positions in various corners of the globe.

  • Earn Credits for Higher Education

    On completion of the program, you will also get a Certified Islamic Banker (CIB) certificate on an equivalency basis. The 15 credit hours earned during the Islamic finance certification, may be transferred to the online diploma in Islamic finance and accredited master’s degree in Islamic banking and finance programs. CIFE certification serves as a prerequisite for individuals pursuing a Doctorate degree in Islamic finance.

  • Flexible and Engaging Learning System

    Experience the convenience of flexible scheduling tailored for individuals and companies. Immerse yourself in highly interactive lectures that captivate your interest and deepen your understanding of the subject matter. Our comprehensive Islamic finance qualification offers a balance of theoretical knowledge and practical application.

Have Question?

    Frequently Asked Questions

    Choosing AIMS for your Islamic finance certification is a strategic move that places you on a trajectory toward a successful career in the field. AIMS’ online learning approach offers flexibility and convenience, allowing you to study at your own pace and in your own space. With recognition from the UK Register of Learning Providers (UKRLP) and accreditation from CPD, the Islamic finance qualification is committed to job orientation, ensuring the curriculum is aligned with industry trends and demands, thereby increasing your employability. The high standards of online lectures and curriculum further set AIMS apart.

    • Finance professionals seeking specialization in Islamic finance.
    • Graduates with a background in finance or related fields.
    • Bankers interested in expanding their expertise in Shariah-compliant finance.
    • Individuals keen on understanding Islamic finance principles and practices.

    Upon completion of the CIFE certification, a multitude of career opportunities open up in the field of Islamic finance. Here are some of the positions that you can potentially secure:

    • Islamic Wealth Manager
    • Branch Manager
    • Islamic Finance Advisor
    • Islamic Banking Officer
    • Islamic Finance Lecturer/Consultant
    • Sharia Auditor
    • Islamic Finance Lawyer

    The Islamic finance qualification opens the door to highly rewarding career prospects. According to recent surveys:

    • Certified Islamic finance professionals in the United States with a CIFE certification can expect an average salary ranging from $70,000 to $100,000 annually.
    • In the United Kingdom, average salaries for experts range from £50,000 to £75,000 annually.
    • In key European markets like France, Germany, and the Netherlands, a Certified Islamic Finance Expert can anticipate an average annual salary in the range of €60,000 to €85,000.
    • In the Middle East, CIFE graduates can anticipate an average salary of AED 200,000 to AED 250,000 per annum, depending on their experience and the organization’s size.

    Yes, the Islamic finance expert program is designed to accommodate the needs of working professionals. Flexible study options, such as online lectures and self-paced learning, allow students to balance their studies with professional commitments.