Join Your Exam WhatsApp group to get regular news, updates & study materials 
CIMA Certificates in Islamic Finance
CIMA Certificates in Islamic Finance
The Chartered Institute of Management Accountants (CIMA) is a UK based professional body offering training and qualification in management accountancy and related subjects. It is focused on accountants working in industry, and provides ongoing support and training for members.
CIMA is one of the professional associations for accountants in the UK and Ireland. Its particular emphasis is on developing the management accounting profession. CIMA is the largest management accounting body in the world with more than 227,000 members and students in 179 countries.[1] CIMA is also a member of the International Federation of Accountants.
CIMA Certificates in Islamic Finance
Certificates in Islamic finance
Who are the certificates for?
These qualifications will be valuable for newcomers and professionals operating in a range of industries.
They are designed to give two significant market advantages:
- the professional recognition of a CIMA international qualification
- demonstrable expertise in the complex, fast growing world of Islamic finance.
What you’ll gain
The individual certificates will give you skills in Shari’ah compliance and the complexities of the contracts that underpin this compliance.
You will also develop confidence in the use of the contracts that underpin Islamic finance, and the terminology that sets Islamic finance apart from conventional finance
CIMA Certificates in Islamic Finance
Course modules and study method
The CIMA certificates in Islamic finance are self study, distance learning qualifications that allow you to progress at your own pace.
A taught option is available with some of CIMA’s partners. You can enrol directly through CIMA or one of our approved partners in your region.
There are four certificates to choose from:
- certificate in Islamic commercial law
- certificate in banking and takaful
- certificate in Islamic capital markets and Instruments
- certificate in accounting for Islamic financial Institutions.
Each has a detailed study guide which includes all the support you need to complete the final assessments.
Each study guide offers:
- a comprehensive syllabus
- step-by-step subject coverage directly linked to specific learning outcomes
- fusion between theory and practice
- chapter summaries
- a user-friendly glossary of Islamic finance terms
- extensive question practice
- revision sections for each chapter
- a full length mock examination at the end of each guide
- the possibility of completing all four assessments in two to six months, depending on your prior knowledge and experience.
CIMA Certificates in Islamic Finance
Final assessments
You must pass a computer based final assessment to gain each of the four certificates. Each assessment has between 40 and 50 multiple choice questions. The pass mark for each certificate is 65%.
The assessments can be taken at CIMA-accredited assessment centres around the world.
Study material updates
We update our study materials regularly to reflect the changing environment of Islamic finance. Once you are a registered certificate student you can access this information through your MY CIMA account.
CIMA Certificates in Islamic Finance
Operational and management level
Within each learning pillar, students are advised to sit and pass the operational level subject examination before sitting the management level subject. However, examinations from different learning pillars, at either operational or management level, may be sat concurrently. Students are recommended to sit no more than three examinations at any single diet, in order to optimise the probability of success
The pass mark for each of the operational and management level subject examinations is 50% and permanent credit is awarded for any paper in which the candidate scores 50% or more.
Students must pass all operational and management level subject examinations, in each learning pillar, before attempting the strategic level subjects.
On successful completion of all operational level subjects, students are awarded the CIMA Diploma in Management Accounting.
On successful completion of all management level subjects, students are awarded the CIMA Advanced Diploma in Management Accounting.
Strategic level
When attempting the strategic level subjects, students must sit all three examination papers (one from each learning pillar – Papers E3, P3 and F3) together at the first sitting. At any subsequent examination attempts, these papers may be taken in any order and combination.
The pass mark for each of the strategic level subject examinations is 50% and permanent credit is awarded for any paper in which the candidate scores 50% or more.
Students must pass all three strategic level subject examinations before attempting the Test of Professional Competence in Management Accounting
CIMA Certificates in Islamic Finance
Syllabus guidance
A Aims of the syllabus
The aims of the syllabus for the CIMA Professional Chartered Management Accounting qualification 2010 are:
• To provide for the institute, an adequate basis for assuring society that those admitted to membership are competent to act as management accountants for entities, whether in manufacturing, commercial or service organisations, in the public or private sectors of the economy. • To enable the institute to examine whether prospective members have an adequate knowledge, understanding and mastery of the stated body of knowledge and skills. • To enable the institute to assess whether prospective members have completed initial professional development and acquired the necessary work based practical experience and skills
Structure of the syllabus
The syllabus comprises three learning pillars:
• Enterprise pillar
• Performance pillar
• Financial pillar
Each learning pillar is divided into three progressive levels:
• Operational level
• Management level
• Strategic level
CIMA Certificates in Islamic Finance
Recommended read
- Complete details of CIMA Syllabus and Subjects
- Complete details of CIMA Study plan
- CIMA Exam related Free notes complete details
- CIMA Exam Study material, Practice manual complete details
CIMA Certificates in Islamic Finance
