The Certified Islamic Banking Professional (CIBP) program is a distinguished certification meticulously designed to equip individuals with advanced knowledge and expertise in the specialized field of Islamic banking and finance. Islamic banking operates on principles that adhere to Shariah law, making it distinct from conventional banking. The CIBP program offers a comprehensive curriculum that covers Islamic finance fundamentals, Shariah compliance, banking products, risk management, and ethical standards, ensuring that graduates are well-prepared to excel in roles that demand precision and proficiency in Islamic banking practices.

Certification Program Objectives:

Upon completing the Certified Islamic Banking Professional (CIBP) program, participants will be able to:

• Master Islamic Finance Fundamentals: Develop a deep understanding of foundational Islamic finance principles, concepts, and the ethical framework of Shariah-compliant banking.
• Ensure Shariah Compliance: Proficiently navigate Shariah compliance requirements, product structuring, and ethical standards in Islamic banking.
• Manage Islamic Banking Products: Understand and manage a range of Islamic banking products, including Murabaha, Mudarabah, and Sukuk.
• Mitigate Risks Effectively: Implement risk management strategies specific to Islamic banking to ensure financial stability.
• Uphold Ethical Standards: Demonstrate ethical conduct and professional integrity in Islamic banking practices.
• Foster Islamic Financial Inclusion: Promote access to Islamic financial services for diverse populations and contribute to financial inclusion.

Certification Requirements:

• Bachelor’s Degree

And/or

• 2 – 5 years of relevant work experience

Certifying Examination:

• To be certified as CIBP, student should take up a 1.5 hours online exam conducted by AIBM.
• The qualifying exam would consist of 50 multiple choice questions, testing core certification modules.
• Professionals with relevant experience and other qualifying criteria may be exempted from the examination.

Certification Modules:

• Module 1: Principles of Islamic Finance
• Module 2: Islamic Banking Products and Services
• Module 3: Shariah Compliance and Governance
• Module 4: Risk Management in Islamic Banking
• Module 5: Islamic Capital Markets
• Module 6: Islamic Financial Planning and Wealth Management

* The modules of the certification are constantly updated and are subject to change.

Who Should Do This Certification:

The Certified Islamic Banking Professional (CIBP) certification is highly beneficial for professionals across various roles and industries, including:

• Islamic Banking Practitioners: Those already in Islamic banking roles, seeking to enhance their knowledge and skills for career advancement.
• Finance and Investment Professionals: Individuals interested in specializing in Islamic finance and ethical banking practices.
• Aspiring Islamic Banking Professionals: Students and individuals looking to enter the field of Islamic banking and acquire foundational knowledge.
• Compliance Officers: Professionals responsible for ensuring Islamic banking practices adhere to Shariah law and ethical standards.
• Small Business Owners: Entrepreneurs and business owners interested in accessing or providing Shariah-compliant financial services.

Embark on the journey of achieving the CIBP certification to refine your Islamic banking skills, uphold ethical banking practices, and contribute to the growth and inclusivity of the Islamic finance industry in today’s global financial landscape.