Shari’ah Standards (CPSS)

Shari’ah Standards (CPSS)

Certificate of Proficiency in Shari’ah Standards (CPSS)

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Certificate of Proficiency in Shari’ah Standards

What is CPSS?

CPSS is an advanced-level certificate program designed for Islamic finance professionals who wish to develop correct understanding, interpretation, and implementation skills in the requirements of the AAOIFI Shari’ah standards. The certificate places greater emphasis on the development of technical / practical knowledge and skills in the application of the standards at Islamic financial institutions (IFIs) and for Islamic finance transactions.


CPSS language

CPSS is offered in English and Arabic languages, respectively.


Registration to CPSS

The registration is open to all.

Registration deadlines for 2024 exams:

CPSS curriculumThe curriculum of the CPSS comprise of all Sharia’h standards issued by AAOIFI. The standards are divided into five parts: Part A (Shari’ah fundamentals); Part B (Islamic finance contracts and related topics). Part B is sub-divided into nine parts; Part C (Islamic banking); Part D (Islamic Financial Markets); and Part E (Islamic Insurance / Takaful).

As of 2024, the examinable content of the certificate includes 60 standards classified in the respective parts / categories, where each part has been assigned different weightages based on their market importance, relevance and practicality.

Candidates will be tested of their conceptual and practical understanding of the rationale, the requirements and the basis of conclusion of each standard.

Click here for CPSS syllabus

CPSS fee and discounts

The standard fee for the CPSS program is USD 750. The fee is inclusive of the registration fee, 1 study text, 1 mock exam, 1 exam sitting and the certificate fee (including the shipment charges).

Discount is offered to AAOIFI institutional members, fellows and to those candidates from developing markets.

In case both GDP and MS discounts are applicable, only the GDP discount will be applied.

Click here to check the classification of country according to GDP per capita and market share criteria

How to apply the discount policy:

Find out the classification of your country as per GDP per capita and Islamic finance market share criteria and apply the discounts accordingly on the total program fees. In case, both GDP and MS discounts apply, then the higher of the two discounts (which will always be GDP discount) will be used.

Additional fees will include.

CPSS examination

Following is the examination schedule for CPSS program:

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