Certified Islamic Retail Banking Specialist
An independent certification in Islamic personal finance, home and vehicle finance, accounts, cards and takaful for individuals.
3 courses
It is for branch, retail product, sales, cards and customer service staff, and Shari'ah reviewers of retail products. It covers murabahah (AAOIFI Shari'ah Standard No. 8), tawarruq (SS 30) and online dealings (SS 38); ijarah and ijarah muntahia bittamleek (SS 9), agency (SS 23) and service-based financing (SS 34); and banking services (SS 28), payment cards (SS 61), competitions and prizes (SS 55), takaful (SS 26) and zakah on accounts (SS 35).
How it works: study the linked courses Trade-Based Islamic Financing, Ijarah, Agency and Service Contracts and Islamic Banking, Capital Markets, Takaful and Social Finance, then sit a 40-question certification exam in 75 minutes. The pass mark is 70%, and the certificate is valid for three years.
This is an independent ifSPACE certification. It is free, it is not an AAOIFI qualification, and it is not accredited or endorsed by AAOIFI or any regulator.
Courses in this program
- 1.Trade-Based Islamic FinancingRequired
Intermediate · 9 hours · 17 lessons
- 2.Ijarah, Agency and Service ContractsRequired
Intermediate · 9 hours · 17 lessons
- 3.Islamic Banking, Capital Markets, Takaful and Social FinanceRequired
Intermediate · 11 hours · 20 lessons
