Fee Structure
| Certified Islamic Finance Expert (CIFE) | |
|---|---|
| Regular Program Fee | £ |
| Special 35% Scholarship (Ends Soon) | £ 650 |
| Note: *Discount packages are available for companies and groups. Contact for details. | |
Eligibility Criteria
No minimum education or experience is required
- Basic working knowledge of English
Fee Includes
Seven (7) months unlimited access to CIFE e-Class
Interactive lectures, explaining complete CIFE curriculum
Access to comprehensive e-manual for each course
24/7 academic support by Islamic finance faculty
Access to Islamic Finance e-Library
Ten (10) practice examinations as assignments
CIFE Examination Fee
Free CIFE and CIB certifications on completion
CIFE Coursework
This foundational course explains the Islamic economic framework and the principles that shape production, distribution, and financial conduct. It introduces the causes of economic imbalance, the role of ethical wealth creation, and the core prohibitions that distinguish Islamic finance from conventional practice.
- Study the origins, principles, and structure of the Islamic economic system.
- Examine wealth production, ownership, and distribution within a Shariah framework.
- Understand prohibited elements such as Riba, Maysir, and Gharar.
- Review the principles of Fiqh-ul-Muamlaat and the laws of Shirkah in business and banking.
This course focuses on the main contractual structures used in Islamic banking and finance. It explains how Islamic financial products are designed, how they differ from interest-based products, and how AAOIFI-aligned principles guide their use.
- Study the principles and regulations of Islamic banking and finance.
- Learn the structure and application of Murabahah, Musharakah, Mudarabah, Ijarah, Salam, Istisna, and Diminishing Musharakah.
- Understand how Islamic instruments are used for personal, corporate, and government financing needs.
- Review diversification approaches within Shariah-compliant finance.
This course explores how Islamic finance operates in real commercial and investment environments. It covers banking products, trade finance, project funding, and capital market instruments used by Islamic financial institutions.
- Study Islamic financing for import, export, trade, projects, and working capital.
- Review Sukuk structures, features, and key types.
- Understand Shariah rules relating to shares, stock trading, and Islamic mutual funds.
- Examine additional contracts and applications such as Tawarruq, Muzara’ah, Kafalah, and Hawalah.
This accounting-focused course explains how Islamic financial institutions recognize, report, and audit financial activities within a Shariah-compliant framework. It is particularly valuable for professionals working in reporting, audit, compliance, and financial control.
- Study accounting principles relevant to Islamic financial institutions.
- Review reporting and auditing standards in Islamic finance.
- Develop understanding of investment models and their accounting treatment.
- Examine case-based applications of AAOIFI accounting standards.
The course introduces Islamic insurance and the operational structure of Takaful. It explains how risk sharing works in a Shariah-compliant environment and how Takaful differs from conventional insurance.
- Compare conventional insurance with Takaful principles and structures.
- Study General Takaful, Family Takaful, and Re-Takaful concepts.
- Understand key models, mechanisms, policy design, and governance considerations.
- Review AAOIFI-aligned treatment for Takaful and Re-Takaful accounting.