AAOIFI Certified Shari'ah Adviser & Auditor  (CSAA) Preparatory Class 

TAIF’s AAOIFI CSAA Preparatory course is a perfect recipe for future leaders and professionals who are keen to acquire critical knowledge and skills in the areas related to Islamic banking & finance.

Enroll now to get ready for the upcoming CSAA exams: 

  • 35 hours of learning
  • ​Top Rated CSAA Trainers with academic & practical background in the field.
  • ​Content rich power point slides and reading material
  • Quizzes, equipped with real-time case scenarios from Islamic Banking and Finance
  • Personalized assistance from instructors to ensure you master the subject
  • Networking opportunity with participants and trainers
  • Access to Mobile App & Digital Learning Platform, learning anytime from anywhere!
  • ​Price : AED 750
  • ​​ Discount and Assistance with AAOIFI exam registration 
  • ​Language: English
  • ​Prerequisite: No prior knowledge required
What's CSAA All About?

CSAA is a globally recognized and one of the most prestigious qualifications awarded by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).

CSAA designed to equip candidates with the requisite technical understanding and professional skills on Shariah compliance and review processes for the international Islamic banking and finance industry. The Program aims to familiarize candidates with roles and functions in Islamic financial institutions, to know the mechanics which ensure Shariah compliance in accordance to Scholars rulings, and to understand the technical review used to determine Shariah compliance.

Course Objective
  • Roles and functions of various Shariah compliance and review processes in financial institutions. 
  • ​Collaboration between a financial institution’s Shariah Supervisory Board (SSB) and its internal Shariah compliance and review processes. 
  • Mechanism to ensure Shariah compliance in accordance with resolutions and fatwas (Scholars’ rulings) issued by SSB.
  • Technical review of banking and financial operations to determine Shariah compliance.

  • ​​Correlation between a financial institution’s Shariah Supervisory Board (SSB) and its internal Shariah

  • ​Establishing the foundations to gain stakeholders’ trust and confidence in a financial institution’s adherence to Shariah.
Why should you become an AAOIFI fellow? And how can you?

Presented by Mr. Farhan Noor, Head of Capacity Building at AAOIFI, A Step by step guide on becoming an Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Fellow, A must-read for all prospective examinees.

CSAA Topics Covered

Shariah Foundations

  • Introduction, and Source of Shariah, and Islamic Jurisprudence
  • ​Riba, Interest, and Other Prohibitions
  • ​Islamic Financial System, General Rulings, and Islamic Law of Contracts

Shariah Standards

  • Trading in Currencies
  • ​Debit Card, Charge, and Credit Card
  • Procrastinating Debtor​
  • ​Settlement of Debt by Set-Off
  • ​Guarantees
  • ​Conversion of a Conventional Bank to an Islamic Bank
  • ​Hawalah
  • ​Murabahah
  • ​Ijarah and Ijarah Muntahia Bittamleek
  • ​Salam and Parallel Salam
  • ​Istisna’a and Parallel Istisna’a
  • ​Sharikah (Musharakah) and Modern Corporations
  • ​Mudarabah
  • ​Documentary Credit
  • ​Ju’alah
  • ​Commercial Papers
  • ​Investment Sukuk
  • ​Possession 
  • ​Loan
  • ​Sale of Commodities in Organized Markets
  • ​Concession Contracts
  • ​Agency and the act of a commissioned agent (Fodooli)
  • ​Syndicated Financing
  • ​Combination of Contracts
  • ​Islamic Insurance
  •  Audit Conclusion and Reporting
  • ​Combination of Contracts
  • ​Islamic Insurance
  • ​Indices
  • ​Banking Services in Islamic Banks
  • ​Stipulation and Ethics of Fatwa in the Institutional Framework
  • ​Monetization
  • ​Controls on Gharar in Financial Transactions
  • ​Arbitration
  • ​Waqf
  • ​Hiring of Persons
  • ​Zakah
  • ​Impact of Contingent incidents on Commitments
  • ​Credit Agreement
  • ​Online Financial Dealings
  • ​Mortgage and its Contemporary Applications
  • ​Distribution of Profit in Mudarabah-based investment accounts
  • ​Islamic reinsurance
  • ​Financial Rights and how they are exercised and transferred
  • ​Insolvency
  • ​Obtaining and deploying liquidity
  • ​Protection of Capital and Investments
  • ​Al-Wakalah bi al-Istithmar (Investment Agency)
  • ​Rules for calculating profit in financial transactions
  • ​Options to Terminate due to breach of trust (Trust-Based Options)

Governance Standards

  • Shariah Supervisory Board
  • ​Shariah Review
  • ​Internal Shariah Review
  • ​Audit and Governance Committee for Islamic Financial Institutions
Who should attend?
  • Professional & Executives currently involved in Shariah compliance and review for Islamic banking and finance
  •  Professionals in accounting, auditing and finance in Islamic banking and finance
  • Imam, Scholars who want to grow career in Islamic Finance Industry
  • ​Shariah Department staff issuing Islamic Finance Fatwas
  • ​​Takaful Operator Staff
  • Students
  • General Auditors in auditing firms
  • Other professionals with exposure to the Islamic finance industry

Anyone with an interest in or looking for a career in Islamic Finance.

What you will Learn

TAIF’s AAOIFI CSAA Preparatory course is a perfect recipe for future leaders and professionals who are keen to acquire critical knowledge and skills in areas related to Islamic banking & finance. 

This is a “Self-paced Program”, comprising 35 hours of digital content dealing with various sections of the syllabus, supporting material, MCQs, and Mock Exam. The participants will be able to communicate with the instructor through the TAIF’s Portal. Along with all these, you will enjoy all the perks mentioned below;

This highly sophisticated program will equip you with the knowledge and skills to be able to carry out vital Islamic financial operations whilst keeping you up-to-date with the latest changes and well-versed in the intricacies of Islamic financing and its objectives.

On top of this, the syllabus will allow you to develop an in-depth knowledge of the complex relationships between central banks, regulators, markets, and society across a range of different Islamic economic sectors.

Whether you’re a researcher looking to move into a new research initiative or are a seasoned professional looking to take your skills in a new direction or to the next level, the TAIF’s AAOIFI CSAA Preparatory Course prepares you to start or advance your career in this rewarding field.

Why TAIF ?

TAIF is a registered Training partner for AAOIFI. We are also an approved ‘Examination Registration Center ‘ for AAOIFI Fellowship programs. You may also secure any of AAOIFI publications etc. through us at a discounted price. 

 You may click the button below if you would like to register with AAOIFI through us .

Meet Your Faculty:
Mufti Fahad Ahmed Qureshi
Mufti Fahad Ahmed Qureshi is well-known Islamic Finance and Crypto-Advisor, providing services across the globe. He’s working as a Faculty Member for Center for Islamic Economics (CIE) Pakistan, Senior Research Manager for International Institute of Future Research (IIFR) Australia, Head of Shariah Compliance for AH-SCS USA. He has also served as Chairman Shariah Supervisory Board for Global Halal Food Council (GHFC) USA and (KFFI) Australia, Al Ithmaar Bank, Bahrain, IFANCA USA, Muslim Chamber of Commerce USA.

He is an author of more than 250 Research Articles, 13 books, and a member of the Editorial Boards of several Peer-Reviewed Research Journals. He was the Shariah Advisor of the Team who constructed the first-ever Canadian Government SUKUK (CDN-SUKUK). He developed Shariah Compliant Framework for Hospitality Industry for the South American States in collaboration with the Muslim Chamber of Commerce, USA. 

He’s a Member of (AAPOR) USA, (AIR) USA, (FERA) USA, (ASOR) Boston University USA, (ICIFE) USA, (FTTA) AU, (ANA) USA, (ISRD) Cambridge University UK, (ESCMP) Germany, (EATAW) Germany, (IIA) USA, (WEA) USA, (BELMAS) UK, CAP Research – Arizona State University USA, (IERDC) IN, (CRAC) Cambridge University UK. He recently completed working on Project International Bank for Reconstruction and Development (IBRD-IDA) World Bank published by World Bank.
 Mufti Rafey Ashraf Usmani 
Mufti Rafey Ashraf Usmani is an eminent Shariah Scholar.

Mr. Rafey has strong academic background in Islamic Studies, Islamic Jurisprudence and Islamic Economics. He completed his religious qualifications including Takhassus-fi-Iftaa & Shahdat-ul-Aalimiyah from Jamia Darul Uloom, Karachi.

Mr. Rafey has done his MS Islamic Banking and Finance from University of Management and Technology Lahore (UMT). He is visiting faculty member at different academic institutions including Jamia Ashrafiya Lahore, Jamia Usmania Lahore, Jamia Mahad ul Tirmidi Lahore, Minhaj University Lahore and University of Management and Technology Lahore, Islamic University Bahawalpur & IBA CIEF Karachi.

He has been a part of Islamic Financial Industry since 2014 and in a very short span of time, he has become a Shariah Board Member of a Semi Govt Bank of the largest province of Pakistan and become a member of the top 50 SBP registered Shariah Economist of Pakistan.

He has conducted several Trainings and awareness session on Islamic Banking and Finance, delivered several lectures at different forums and has written about more than three thousand Fatawas on different Islamic topics including Islamic Finance and family law

Mufti Mubashar Ahmad Qureshi
A qualified Professional Shariah Scholar with more than 8 year’s progressive experience. Expert in Islamic Banking & Finance, Product Development, Shariah Compliance, Shariah Governance, and AAOIFI – standards.

▪ Sharia vetting & reviewing Investment contracts & agreements.
▪ Conducting Sharia Trainings and developing related materials.
▪ Drafting the Fatwa / Sharia Pronouncement.
▪ Sharia Structuring of business transactions and financing term sheets.
▪ Reviewing financial documents, reports and responding accordingly.
▪ Sharia Board Meeting and supporting in meeting's minutes.
▪ Assistance in preparing marketing materials, calendars etc.
▪ Product Development and research.
▪ Sharia Zakat Audit, reviewing Zakat Calculation Sheets and giving sharia opinion accordingly.
Pricing

Billed as AED750 

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