CERTIFICATIONS

HRDC Prog No. 10001445638

Fundamental of Shariah for Islamic Finance (FOSIF)

About The Programme

IBFIM’s Microlearning features fundamental level Islamic finance topics that are derived from FOSIF, which is the core module for Associate Qualification in Islamic Finance (AQIF), Certified Professional Shariah Audit (CPSA) and Islamic Professional Credit Certification (iPCC).

FOSIF module consists of Shariah theories, principles and focuses on key Shariah contracts applicable in Islamic banking practices. Hence, IBFIM’s Microlearning provides the opportunity for learners to be FOSIF certified through self-learning mode.

Completion of FOSIF through IBFIM Microlearning is a prelude to IBFIM’s progression pathway i.e. AQIF, CPSA and iPCC. The present restriction movement accelerates the concept of self-learning where eligible banking institutions can upskill their workforce remotely. IBFIM‘s Microlearning provides the flexibility for banks’ staff to learn at their own pace remotely. In addition, the Microlearning topics are suitable for all level of learners, from entry level to middle executives and above.

Programme Details

Upon completing the 10 Microlearning topics, learners will be qualified automatically to register for FOSIF assessment.

Learners will receive:

  • FOSIF Handbook & E-books
  • FOSIF Assessment

E-Certificate of:

  • Completion for Microlearning
  • Achievement for FOSIF Assessment

Overview:

Topics: Exchange Contracts: Sale & Lease Contract

Topics: Case Study Related to Shariah Governance

Topics: Partnership and other Contracts Applied in Islamic Finance

Topics: Ethics in Banking: Related Policy and Guidelines

Topics: Rule Making Process in Islamic Law

Topics: Ethics in Islamic Finance

Topics: Introduction to Muamalat Contracts in Islamic Finance

Topics: Shariah Governance

Topics: Introduction to Shariah and Fiqh

Topics: Rule-Making Process in Modern Islamic Banking and Finance

FOSIF Certification Pathway

Learn

  • 10 Microlearning Topics

Learning Mode

  • 48 hours (6-months access)

Programme Fee

RM159.90 | USD50 (exclude 8% SST and assessment fee)

Assessment Fee

RM300 | USD80 (Exemption: AQIF certified holder is exempted from M1 of CPSA & iPCC only)