SHAPE™ now offers a comprehensive three level certification
program to develop financial service professionals with a deep and on-going
knowledge of Islamic finance. The elements of the program are meant to assure
that users understand and retain the Islamic rules applied to finance, banking,
and investment. The program addresses the global Islamic financial markets.
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The courses in this level are
designed for individuals who may be completely unfamiliar
with Islamic banking and finance. The contents create building
blocks for CIFA levels 2 & 3. See CoursesThe elements are meant to give a 360 degree
overview of Islamic transactional concepts including Islamic
law foundations, practical commercial examples, accounting,
capital management, and adaptations for commercial purposes.
See CoursesThe Advanced Courses are designed around six
core universes of knowledge excluding accounting which is
offered at this level by AAOIFI. A candidate may focus on
a single universe or all integrated knowledge groups. See
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All modules include discussions of marketing,
accounting, risk management, and comparison or contrasts to traditional
banking and finance. All modules include real market exercises and mini-case
studies. At the end of each module, there is an interactive game.
