One Lawyer’s Journey to Islamic Finance 

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One Lawyer’s Journey to Islamic Finance

I currently work for the Australian Financial Complaints Authority (AFCA) and previously worked as the Distribution Manager for the National Zakat Foundation. And before that as an Islamic Wills lawyer. I, therefore found myself in professional roles which related to finance, vulnerability, and Muslims.

In law school I loved the Islamic Law module however there was no option of Islamic finance. I had a deep interest in studying Islamic finance further but I wasn’t interested in studying secular corporate banking modules. There wasn’t really an avenue to go forward in this space that I knew of at the time. At around this time while researching online, I found out about Ethica—I immediately registered for their free course. 

Fast forward and I had been subscribed to Ethica’s mailing list for about 8 years and by now had taken the free course twice but Ethica’s Certified Islamic Finance Executive (CIFE) program remained at the back of my mind. The right opportunity to study deeper never arose...until I joined AFCA. 

AFCA is a new financial ombudsman body in Australia which arose after a Royal Commission. They deal with all complaints against financial firms in Australia, from financial hardship to investments to pensions. 

I was very suprised to see that there were many complaints being made about Islamic financial firms! Despite servicing Muslims in Australia, there was clearly a disconnect between the theory of Islamic finance and the practice. Knowing that I had a background in Islamic law and was a practicing Muslim, many non-Muslim colleagues began to come to me with technical questions. This is when I realised that while I could offer them basic fiqh answers from my Islamic studies, I urgently needed to strengthen my knowledge of Islamic finance specifically. 

This realisation gave me the urgency needed to speak with my managers at AFCA about Ethica, who accepted my study proposal and agreed to support my studies of the Islamic finance qualification. The time had finally come! Alhamdulilah!

I studied part time alongside my full time job and was supported to take a day off work to sit the Ethica exam. I am very glad to have finally had the long dream of becoming an Ethica CIFE realised. The course is decades ahead of its time mashaAllah in terms of its accessibility. My desire to complete the course started in London as a law student and was realised in Sydney as a financial case analyst! The blessing of an online global learning portal! 

The course content is presented in a clear, concise, and easy to digest manner. The handouts, supporting material, and quizzes are excellent. The best aspect for me I believe is how the course covers both the theory of the Shariah and the practical application with brilliantly relatable, current day examples, making it truly applicable in the modern context. 

Overall the experience surpassed my expectations. Even the exam itself was so thorough and valuable! Alhamdulilah. 

The support and customer service from the Ethica team is also excellent. JazaakumAllah khayran for always being available to answer burning questions. 

I am truly grateful to Ethica for producing an excellent learning portal and feel very blessed to say that I studied Islamic finance through Ethica. I can’t wait to continue my studies with Ethica InshaAllah. 

May Allah bless you and reward you for your course and continued efforts in this field. The time has come where not only is it valuable to Muslims but also non Muslims in the banking and finance world, as the world further integrates, as my experience illustrates.

A. Kasmani
Case Analyst

Australian Financial Complaints Authority (AFCA)

Officially AAOIFI Recognized

Officially recognized by AAOIFI (pronounced “a-yo-fee”), the world’s leading standard-setting body in Islamic finance, Ethica's award-winning Certified Islamic Finance Executive (CIFE) and Advanced CIFE (ACIFE) earn you continuing professional development (CPD) credits

"The role Ethica has played in promoting the cause of standardization of best practices in Islamic finance, especially in the fields of Shari'ah and accounting, that too for the last two decades, is indeed praiseworthy. They have always put AAOIFI standards at the heart of all their certification and training programs for which we are grateful."

Omar Mustafa Ansari
 Secretary General, AAOIFI

What CIFE and ACIFE Graduates Say...

"Ethica’s CIFE has already opened doors for me..."
 Boyd Ruff
 Esq., USA          


"The course is brilliant."
Mufti Faraz Adam, UK

"I chose Ethica’s certification as it has an excellent reputation in the market and now I understand why. All the different modules cover the most important types of contracts from both a theoretical as well as a practical perspective and are complemented by a lot of clear examples. And the self-paced training permits excellent time management. I recommend the CIFE from Ethica Institute to everybody seriously interested in learning about Islamic finance."
Daniel Rasqui
Director, Product Support and IT, SIX Financial Information, Luxembourg                                                             

"We upgraded to twice as many users after only 6 months with Ethica."
Moinuddin Malim
CEO, Mashreq Al Islami                                                                        

Read more testimonials (here)

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About Ethica Institute of Islamic Finance


Couriered to your doorstep at no extra charge, your framed certificate will handsomely adorn your office or study for years to come. Custom-mounted and framed by hand, this beautiful certificate was designed by classically-trained Islamic artists and third-party accredited to comply with AAOIFI, the world’s leading Islamic finance standard.

Ethica is trusted by more professionals for Islamic finance certification. Officially recognized by AAOIFI, the world's leading standard-setting body in Islamic finance, the Institute has trained over 15,000 paying professionals in 160 financial institutions across 65 countries, winning numerous industry awards. Ranked #1 on Google for “Best Islamic Finance Certification” regularly, Ethica’s globally recognized and accredited award-winning certificates include the Certified Islamic Finance Executive™ (CIFE™), Advanced CIFE™ Financial Analysis (ACIFE™ FA), and Advanced CIFE™ Accounting (ACIFE™ ACC), delivered online or live at the bank.

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  • Official recognition from AAOIFI, the world’s leading standard-setting body for Islamic finance
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Disclaimer: This email is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action. Ethica Institute LLC does not purport to and does not, in any fashion, provide tax, accounting, actuarial, record keeping, legal, broker, dealer or any related services. You should consult your advisors with respect to these areas and the material presented herein. You may not rely on the material contained herein. Ethica Institute LLC shall not have any liability for any damages of any kind whatsoever relating to this material. Unlless indicated otherwise, the names of people, locations, and events may have been changed and any resemblance to actual people, locations, and events may be purely coincidental.

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