Upon completion of the pathway, learners will be able to understand:

• Fundamental principles and key concepts of Islamic banking and finance
• Regulatory, Shari’ah and ethical framework for Islamic banking and finance institutions
• Structure and mechanism of Islamic retail banking products and services (Deposit, Card, vehicle financing, Personal financing, House financing etc. products)
• Financing techniques of Murabahah and Ijarah (AAOIFI Standards)
• Shari’ah Compliance guidelines for documentation, procedure, and implementation of Islamic transaction

The certificate focusses on Islamic banking concepts, financing techniques and on Islamic retail banking products. The certificate is delivered in two parts. Level 1 focuses on understanding the concepts and Terminologies of AML & CFT Compliance and Level 2 focuses on Regulations, Ethics, and Sanctions on AML & CFT Compliance.      

	Level 1
Entry Requirement	None
Syllabus	Introduction to Islamic Banking Murabahah (AAOIFI Shari’ah Standard) (E-Learning) Ijarah (AAOIFI Shari’ah Standard) (E-Learning) Shari’ah Compliance Guidelines for Islamic Products and Transactions (E-Learning) Islamic Asset Products Islamic Liability Products Card Products in Islamic Banks Shari’ah Governance and Codes of Ethics for Islamic Banks
Exam	Two hour exam consisting of 50 multiple-choice questions. Passing percentage is 60%

   

A certification in Islamic Retail Banking gives professionals the specific knowledge and abilities they need to handle the distinctive array of Islamic banking services and products. Individuals acquire a thorough understanding of Shariah compliance, Islamic retail banking operations, and Islamic financial principles through extensive training.

Professionals with certification in Islamic retail banking are essential to the creation, promotion, and provision of Islamic banking services and products to retail clients. They are extremely knowledgeable in Islamic financial instruments, including Ijarah, Murabahah, and Mudarabah, and they grasp how these concepts relate to retail banking products, including financing facilities, savings accounts, and investment products.

Furthermore, the significance of Shariah compliance and moral behavior in all facets of banking operations is emphasized by Islamic Retail Banking certification programs. In order to maintain the trust and confidence of stakeholders and clients, certified professionals undergo training to verify that banking practices and products comply with Islamic principles and norms.

Islamic Retail Banking certification programs emphasize customer relationship management, communication, and sales abilities in addition to technical proficiency. Qualified individuals possess the necessary skills to interact with retail clients in an efficient manner, comprehend their financial requirements, and provide customized solutions that both satisfy clients’ demands and adhere to Islamic law.

All things considered, the Islamic Retail Banking certification equips professionals to succeed in the fast-paced, expanding Islamic banking industry. Through the integration of Islamic finance concepts with retail banking expertise, certified professionals foster the expansion and advancement of Islamic banking establishments and advance financial inclusivity and well-being in Muslim-majority communities across the globe.