The Certified Islamic Wealth Management Professional (CIWMP) program is a prestigious certification meticulously designed to equip individuals with advanced knowledge and expertise in the specialized domain of Islamic wealth management. Islamic wealth management operates on principles that adhere to Shariah law, and the effective management of wealth in compliance with these principles requires a deep understanding of both finance and Islamic ethics. The CIWMP program offers a comprehensive curriculum that covers Islamic finance principles, wealth planning, investment strategies, regulatory compliance, and ethical standards, ensuring that graduates are well-prepared to excel in roles that demand precision and proficiency in Islamic wealth management.

Certification Program Objectives:

Upon completing the Certified Islamic Wealth Management Professional (CIWMP) 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 wealth management, and the significance of ethical wealth accumulation.
• Implement Shariah-Compliant Wealth Planning: Proficiently design wealth plans that align with Islamic principles, including estate planning, inheritance, and Zakat considerations.
• Execute Ethical Investment Strategies: Understand and implement ethical investment strategies that are compliant with Shariah law while optimizing wealth growth.
• Ensure Regulatory Compliance: Understand and adhere to regulatory requirements related to Islamic wealth management, including compliance with Shariah law and ethical standards.
• Uphold Ethical Standards: Demonstrate ethical conduct and professional integrity in all aspects of Islamic wealth management.

Certification Requirements:

• Bachelor’s Degree

And/or

• 2 – 5 years of relevant work experience

Certifying Examination:

• To be certified as CIWMP, 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. Wealth Planning in Islamic Finance
3. Shariah-Compliant Investment Strategies
4. Regulatory Compliance in Islamic Wealth Management
5. Estate Planning in Islamic Finance
6. Islamic Retirement Planning Strategies

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

Who Should Do This Certification:

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

• Wealth Managers and Financial Planners: Professionals specializing in wealth management who want to deepen their understanding of Islamic wealth management principles and excel in the management of wealth in accordance with Shariah law.
• Investment Advisors: Investment advisors and portfolio managers seeking to expand their knowledge into the specialized area of Shariah-compliant investment strategies.
• Finance and Banking Professionals: Finance and banking professionals looking to specialize in ethical wealth management and investment within the framework of Islamic finance.
• Regulatory and Compliance Officers: Professionals responsible for ensuring that wealth management practices comply with Shariah law and regulatory standards.
• Islamic Scholars and Jurists: Islamic scholars and jurists interested in the practical application of Islamic wealth management laws and principles.
• High-Net-Worth Individuals: Individuals with substantial wealth seeking to manage their assets in a manner that aligns with Islamic ethics and principles.

The CIWMP certification equips professionals with specialized knowledge and skills needed to excel in the field of Islamic wealth management, ensuring that wealth is managed, grown, and distributed in accordance with Islamic ethics and regulatory requirements. Whether you’re already in the field of wealth management or seeking to enter this specialized domain, the CIWMP program offers the expertise required to thrive in the realm of Islamic wealth management.