CSAA exam preparation

The Certified Shari'ah Adviser and Auditor (CSAA) is AAOIFI's professional qualification for Shari'ah advisers and Shari'ah auditors. AAOIFI's syllabus weights the exam at about 60% Shari'ah standards, 20% governance standards and 20% auditing standards. AAOIFI has announced a restructuring of the qualification into separate adviser and auditor routes; this program prepares you for the knowledge both routes examine.

This program is built on its own dedicated course, CSAA exam preparation: study modules, organised in ten modules: shari'ah fundamentals for advisers and auditors: riba, gharar, possession and combined contracts; trade-based financing: murabahah, tawarruq, salam and istisna'a; ijarah, agency and banking services; partnerships, mudarabah, investment accounts and profit distribution; options, promises, guarantees, debts and hedging; capital markets, sukuk, takaful, zakah and waqf; governance standards: the Shari'ah supervisory board and its decisions; governance standards: the compliance function, non-compliance risk and internal Shari'ah audit; auditing standards: the external Shari'ah audit engagement and evidence; shari'ah review procedures, reporting and professional ethics. Each module has exam-focused notes, worked scenarios analysed step by step, slides and a scenario quiz.

To test your readiness, the program adds three mock exams of 40 questions each, with 60 minutes per exam, and a final mock of 100 questions in 150 minutes, drawn from a larger bank. Every exam on this program follows the same demanding pattern: 70% scenario questions, each a realistic case that asks for the ruling or treatment and the reason for it; 20% knowledge checks on precise rules, conditions and distinctions; and 10% rapid true/false or permissible/impermissible judgements. These are among the most demanding questions on ifSPACE.

This program is independent preparation material written by ifSPACE. ifSPACE is not AAOIFI and is not an AAOIFI-authorised training provider, and the program is not affiliated with, endorsed by or approved by AAOIFI. Completing it does not confer any AAOIFI qualification. All questions are written by ifSPACE; they are not official AAOIFI exam questions and do not reproduce them. AAOIFI may change a qualification's structure, modules and exam format, so check AAOIFI's current requirements before you register. Candidates register for and sit the CSAA exam directly with AAOIFI.