ifSPACE Professional in Islamic Finance Contracts

It is for product developers, structuring and legal teams, financing and investment officers, and Shari'ah reviewers who need command of the full range of Islamic finance contracts. It covers trade-based financing (murabahah SS 8, tawarruq SS 30, commodities SS 20, salam SS 10, istisna'a SS 11, concessions SS 22, online dealings SS 38 and financial rights SS 42), leasing and services (ijarah and ijarah muntahia bittamleek SS 9, agency SS 23, investment agency SS 46, liability of the investment manager SS 56, ju'alah SS 15 and hiring of persons SS 34), and partnerships (sharikah SS 12, musaqat SS 50, mudarabah SS 13, investment account profit SS 40, profit calculation SS 47 and protection of capital SS 45).

How it works: study the linked courses Trade-Based Islamic Financing, Ijarah, Agency and Service Contracts and Partnerships and Profit Sharing, 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.