Islamic Finance Qualification IFQ

Current Status
Not Enrolled
Get Started

Can be taken any time

100% Online. You can book the course instantly by signing-up on Carrera Learning

Yes. By the Chartered Institute for Securities & Investment. Upon successful completion of the exam

Online course is in English with Arabic subtitles. The Exam is available in English, Arabic and French


This course prepares professionals to become certified Islamic financial professionals. The IFQ is an internationally recognized certification by the Chartered Institute for Securities & Investments (CISI).  Candidates will gain an accredited qualification upon completion of a 2 hours examination. This e-learning gives candidates all the course material and tips needed to gain a deeper understanding of the principles of Islamic finance (Fiqh Muamalat), Sukuk, Takaful, etc. and successfully pass the exam. This workshop takes a practical approach including cases studies, mock exam, end of chapter key takeaways and the key concepts to remember to facilitate the exam preparation process.

The Islamic Finance Qualification also known as the IFQ is an internationally recognized certification by the Chartered Institute for Securities and Investment (CISI). The qualification covers both the technical and the Sharia aspect of Islamic finance. The IFQ was developed by industry experts in Islamic finance. Upon successful completion of the qualification, you will be eligible to use the ACSI designation letters which is an Associate membership of the Institute

The IFQ is awarded by two world-renowned institutions: The CISI and l’Ecole Supérieure des Affaires (ESA)

How do I register for the Exam?

You can either register thought us or directly on the CISI website.

Can I please get more details about the exam?

The exam consist of 100 Multiple Choice Questions and lasts two hours. The exam is computer based

Where do I take the exam?

CISI has accredited centers in over 85 countries around the world

What is the pass mark?

The pass mark is 70%. Those receiving a score between 91% and 100% will receive a pass with merit. Those with a score between 70% and 90% will receive a pass and those below 70% will receive a Fail

When do I get my results?

Computer Based Testing exam results are available online within 24 hours. All results are provisional for 5 working days.

In which language is the exam available?

English, Arabic and French.

Carrera Learning offer a qualification guarantee, which means that if you fail the CISI exam, we will offer a second access free of charge to give you another chance to pass the exam.

The total qualification time (TQT) for this qualification is 132 hours. TQT is an estimate of the number of hours that a typical candidate might reasonably spend in achieving the qualification. This will vary depending on your previous experience, and includes any formal study as well as self-study and assessment time.

Course Content

Expand All
Chapter 1: The Basis of Islamic Banking and Finance
Chapter 2: An Introduction to Islamic Banking and Finance
Chapter 3: Islamic Principles of Exchange
Chapter 4: Basic Contracts and their Treatment
Chapter 5: Financial Contracts and Techniques Applied by Islamic Banks
Chapter 6: Islamic Asset Management and Socially Responsible Investing (SRI)
Chapter 7: Sukuk Market
Chapter 8: Islamic Insurance – Takaful
Chapter 9: Islamic Corporate Governance
Final Exam Mocks