Live Webinar: What AAOIFI and Ethica's Partnership Means for Learners Worldwide 
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Live Webinar: What AAOIFI and Ethica's Partnership Means for Learners Worldwide

AAOIFI now officially recognizes Ethica’s award-winning Certified Islamic Finance Executive (CIFE) and Advanced CIFE (ACIFE) programs for continuing professional development (CPD) purposes. This will be the first time that the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI, pronounced “ai-yo-fee”), the world's leading standard-setting body in Islamic finance, partners with an organization with Ethica’s global reach.

The partnership announces three major initiatives:

  1. AAOIFI now officially recognizes Ethica’s award-winning Certified Islamic Finance Executive (CIFE) and Advanced CIFE (ACIFE) programs for continuing professional development (CPD) purposes. Further, Ethica grants AAOIFI Fellows exclusive discounts.

  2. Ethica is now an Official AAOIFI Candidate Registration Center for the Certified Islamic Professional Accountant (CIPA) and Certified Shari'ah Advisor and Auditor (CSAA) programs, which will be promoted to Ethica’s graduates and institutional clients. AAOIFI grants Ethica’s institutional and individual clients exclusive discounts and exemptions through this arrangement.

  3. AAOIFI and Ethica will now also jointly issue co-branded certificates in face-to-face and online training events.

WHEN: 3:00 PM (Dubai time) Thursday November 19, 2020

WHERE: Register for the online webinar here

WHO: Professionals interested in certification

WHAT: We answer questions like…

  1. What kind of discounts do Ethica graduates and AAOIFI Fellows now receive for the Ethica’s CIFE and ACIFE, and AAOIFI’s CIPA and CSAA?
  2. Are these certifications and fellowships offered face-to-face only or are they available online as well?
  3. How many Continuing Professional Development (CPD) hours do I fulfill.
  4. How do these CPD hours translate into exemptions?
  5. Can you tell us more about the joint AAOIFI-Ethica certificates that you have announced?

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In the News: AAOIFI and Ethica Institute Sign Partnership


November 4, 2020 — Two of the Islamic finance industry’s major institutions joined in partnership today. The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI, pronounced “a-yo-fee"), the industry’s leading standard-setting body, and Ethica Institute of Islamic Finance, a leading training and certification institute, today announced a partnership. This will be the first time that AAOIFI is partnering with an organization with Ethica’s global reach.

The partnership announces three major initiatives:

  1. AAOIFI now officially recognizes Ethica’s award-winning Certified Islamic Finance Executive (CIFE) and Advanced CIFE (ACIFE) programs for continuing professional development (CPD) purposes. Further, Ethica grants AAOIFI Fellows exclusive discounts.

  2. Ethica is now an Official AAOIFI Candidate Registration Center for the Certified Islamic Professional Accountant (CIPA) and Certified Shari'ah Advisor and Auditor (CSAA) programs, which will be promoted to Ethica’s graduates and institutional clients. AAOIFI grants Ethica’s institutional and individual clients exclusive discounts and exemptions through this arrangement.

  3. AAOIFI and Ethica will now also jointly issue co-branded certificates in face-to-face and online training events.

Mr. Omar Mustafa Ansari, Secretary General, AAOIFI, said, “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. We believe that our partnership with Ethica is natural and necessary as their certifications serve Islamic finance enthusiasts with a genuine stepping stone towards specialization through our own CIPA and CSAA programs.”

Ethica’s Founder and Managing Director, Atif R. Khan, said, “This is a historic occasion for Ethica. Since our inception nearly twenty years ago, we have admired AAOIFI’s impressive work, especially their magnum opus, the Shariah Standards document, a working testament of sound traditional scholarship and rigorous methodology. We intend for this partnership to not only promote AAOIFI and Ethica’s own objectives, but also the greater good of industry-wide Shariah authenticity and harmonization.”

For more information, please visit https://aaoifi.com and https://ethica.institute.

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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                                                            

"Ethica's program exceeded my expectations. Ethica's certification excelled at offering real world examples and timely tactical instruction in a user-friendly format. I enthusiastically recommend Ethica's program to anyone who seeks to develop an appreciation for and understanding of Shariah-compliant financing."
William R. Gregory
Director, C3 International                                                                        

Read more testimonials (here)


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About Ethica Institute of Islamic Finance

Certificate

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. The Institute has trained over 15,000 paying professionals in 160 financial institutions across 65 countries, winning numerous industry awards. Ethica’s Certified Islamic Finance Executive™ (CIFE™) is a globally recognized certificate accredited to comply with AAOIFI, the world's leading Islamic finance standard, and NASBA, the world’s leading Continuing Professional Education (CPE) standard. Ethica also offers Advanced CIFE™ (ACIFE™) certificates in Financial Analysis and Accounting. The award-winning certificates are delivered online or live at the bank.

Ethica's Awards in 2019

Islamic Finance Education Provider of the Year — International (ACQ5 Global Awards UK)

Best Islamic Finance Education Provider — MENA (Global Banking and Finance Review UK)

Islamic Finance Training Provider of the Year (Corporate LiveWire Global Awards UK)

Best Islamic Finance Program Online — Global (Global Business Outlook Awards UK)

Leading Global Educators in Islamic Finance (UAE Business Awards, MEA Markets UK)

Best in Islamic Finance Certifications (GCC Enterprise Awards, MEA Markets UK)

Best Islamic Finance Certification Provider — US (International Finance Magazine UK)

Islamic Finance Advisory Firm of the Year (Finance Monthly Magazine Global Awards)

Courses and Trainings — Global (Finance Monthly Magazine Global Awards)

Courses & Trainings — Adviser of the Year UAE (Finance Monthly Magazine Global Awards)

UAE Enterprise 100 (AI Global UK)

Islamic Financial Services (International Advisory Experts UK)

Leading Islamic Finance Training Services Provider — UAE (AI Global UK)

Sustained Excellence in Islamic Finance Training Solutions — UAE (Global Business Insight Awards UK)

Best Islamic Finance Certification Provider — UAE (International Business Magazine Dubai)

Finance Training CEO of the Year — Middle East (Global CEO Excellence Awards, CEO Monthly Magazine)

Best Islamic Finance Certification Specialists — Middle East (Global CEO Excellence Awards, CEO Monthly Magazine)

Gamechanger of the Year — International (ACQ5 Global Awards UK)

Niche Training Services Provider of the Year — International (ACQ5 Global Awards UK)



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