The Certified Islamic Funds Investment Professional (CIFIP) program is a prestigious certification designed to equip individuals with advanced knowledge and expertise in the specialized domain of Islamic funds investment. Islamic finance operates on principles that adhere to Shariah law, and the management of Islamic investment funds requires a deep understanding of both finance and Islamic ethics. The CIFIP program offers a comprehensive curriculum that covers Islamic finance principles, investment strategies, fund management, and ethical standards. Graduates are well-prepared to excel in roles that demand precision and proficiency in managing Islamic investment funds.

Certification Program Objectives:

Upon completing the Certified Islamic Funds Investment Professional (CIFIP) program, participants will be able to:

• Master Islamic Finance Fundamentals: Develop a deep understanding of the foundational principles of Islamic finance, the ethics of Shariah-compliant investments, and the significance of Islamic investment funds.
• Implement Ethical Investment Strategies: Proficiently design and manage Islamic investment portfolios that adhere to Shariah law and ethical investment principles.
• Ensure Regulatory Compliance: Understand and adhere to regulatory requirements related to Islamic funds investment, including compliance with Shariah law and ethical standards.
• Optimize Investment Returns: Apply advanced investment strategies to maximize returns within the constraints of Islamic finance principles.
• Promote Ethical Investment Practices: Demonstrate ethical conduct and professional integrity in all aspects of Islamic funds investment.

Certification Requirements:

• Bachelor’s Degree

And/or

• 2 – 5 years of relevant work experience

Certifying Examination:

• To be certified as CIFIP, 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:

1. Islamic Finance Fundamentals
2. Investment Strategies and Portfolio Management
3. Regulatory Compliance in Islamic Funds Investment
4. Ethical Standards in Funds Management
5. Shariah Screening and Selection Criteria for Investments
6. Performance Measurement and Evaluation in Islamic Funds

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

Who Should Do This Certification:

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

• Investment Managers: Professionals involved in managing investment portfolios or funds, seeking to specialize in Islamic funds investment.
• Finance and Investment Professionals: Banking and finance professionals interested in ethical investment practices within the framework of Islamic finance.
• Regulatory and Compliance Officers: Professionals responsible for ensuring that investment practices comply with Shariah law and regulatory standards.
• Wealth Managers: Individuals working in wealth management and financial planning, looking to provide Shariah-compliant investment solutions to clients.
• Financial Advisors: Advisors and consultants interested in offering ethical investment options to individuals and institutions.
• Entrepreneurs and Investors: Individuals interested in launching or participating in Islamic investment funds and ventures.

The CIFIP certification equips professionals with specialized knowledge and skills necessary to excel in the field of Islamic funds investment. Whether you are already involved in investment management or seeking to enter this specialized domain, the CIFIP program provides the expertise required to manage Islamic investment funds while adhering to ethical and Shariah-compliant principles.