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The Certified Islamic Finance Expert (CIFE)
is aimed to produce highly skilled experts for Islamic
banking and finance industry, so they can perform a leading
role in the establishment and management of Islamic financial institutions.

This program trains individual in the areas of Islamic Economics,
Islamic Finance, Product Development, Modes of Financing, Islamic Investment,
Sharia Standards & Rulings and Islamic Insurance. CIFE
graduates at AIMS are highly capable of understanding the Islamic mechanism involved in developing
Islamic financial products.
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Mode of
Education |
Distance
Learning |
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Estimated Duration |
4-5
months of self study with online supervision |
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Academic
Support |
Complete study
material
provided by AIMS
Online supervision
by Islamic finance experts |
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Number of Courses |
5 specialized
courses in Islamic Finance |
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Training
Hours |
Equivalent to
150 hours of
Professional Training |
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Registration Validity |
16 Months |
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Certificate Awarded |
Certified Islamic Finance Expert (CIFE) |
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Once
you enroll, we send you the study material.
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You begin reading the study notes on your own schedule, with
our online faculty supervision.
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Upon completion, you will be able to take a multiple choice
examination. Question in the examination are drawn directly
from the topics covered in the study notes.
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You can take the online test any time, by making a simple
email request. The test is "open book" - you are free to
review the materials as you answer the questions.
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You must answer 65% of the questions correctly to receive your
CIFE certificate.
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We
recommend a study of ten (10) hours per week to the program
participants, for good results.
CIFE
program participants completes their certification in an
average time of 4-5 months. However,
this time of completion may not be same for everyone, as it
depends on their work experience, educational background and
personal interest in the subject. |
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The
credits of all the five (5) courses of CIFE are transferable
to MBA in Islamic Banking and Finance program.
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On the
successful completion of CIFE program from AIMS, students may
achieve MBA in Islamic Banking and Finance if they complete
GEMBA degree from Pebble Hills University
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The MBA
degree is awarded by Pebble Hills University in collaboration
with AIMS
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AIMS signed MOU
for
academic collaboration with Pebble Hills University, to mutually
offer MBA
in Islamic Banking & Finance
Click for more details |
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Participants' Comments |
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The
diversity of practical knowledge & theory modules at AIMS, makes
them different from other institutions. I enrolled at AIMS after
completing my MBA. During study of my first course of this
certificate, I particularly enjoyed history, sources & approach
of Islamic Economical system - provided by Islam 1400 years ago
for the establishment of Financial System according to today's
life. There are excellent educational resources available at
AIMS. On completing my certificate, I easily got an opportunity
in an Islamic Investment company in USA. I found this an
invaluable experience & great insight. |
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Sample
CIFE Certificate |
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AIMS
provides an excellent opportunity to learn Islamic Financial System &
manage Islamic Banking. CIFE training at AIMS is full of
knowledge, and explains a best way to practice Islamic Banking
and Finance. I have worked with many professionals in Islamic
Finance industry, (and as per my personal experience, most of
the working professionals do not understand the technicalities
of the subject). CIFE certification gave me an understanding
of real Islamic Banking and right way to solve the technical
problems. This is taking my position upward, unlike others. |
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