(CIPA)​

Certified Islamic Professional Accountant

CIPA at a Glance

Examination Windows

Exam Centers Globally

Self Study (Hours)

Module Examination  

CIPA Program Overview

CIPA is a fellowship program in Islamic finance accountancy offered by AAOIFI. It equips candidates with technical knowledge and professional skills in accountancy, audit, risk management, governance, law, and taxation for Islamic financial institutions.

Why Become a CIPA Fellow?

  • Join a community of AAOIFI-certified professionals worldwide.
  • Gain expertise in Islamic finance accountancy, audit, and governance.
  • Enhance career opportunities in Islamic financial institutions.

Powerful learning content

  • Based on AAOIFI standards developed by industry founders and practitioners.
  • Covers accounting, Shari’ah, audit, law, taxation, risk management, capital adequacy, and governance.
  • Includes a Practical Experience Requirement (PER) for hands-on learning in Islamic finance accountancy.

Excellent career opportunities

  • Growing demand for professionals who understand and apply AAOIFI standards.
  • Backed by AAOIFI, a globally recognized Islamic finance standard-setting body.
  • Recognized by regulators, Islamic financial institutions, and professional organizations worldwide.

Language

  • Currently offered in Arabic and English

Eligibility

Admission to the scheme requires appropriate academic preparation.

  • The entry requirement for CIPA is a four-year university degree (from a university recognised by AAOIFI) that includes courses in accounting, auditing, business or management, and finance.
  • Candidates without such a background will be required to complete Pre-Requisite Competency (PRC) examinations. The PRC examination will be based on AAOIFI’s BRE and AAE study texts.
  • AAOIFI will maintain and publish a list of universities whose degrees qualify for exemption from these prerequisites.

Requirements for Fellowship Completion

  • The CIPA fellowship will be awarded upon successful completion of all three modules plus the Practical Experience Requirement (PER).

2026 Exam Registration Deadlines

  • April Exam: Register by 31 March 2026
  • June Exam: Register by 1 May 2026
  • December Exam: Register by 7 November 2026

CIPA Exam Registration Fee

The AAOIFI Standard fee is USD 1350, and this price is all-inclusive, covering the Registration fee, the necessary Study text, a Mock exam for preparation, the actual Examination sitting, and the issuance of the CIPA fellowship certificate and shipping of CIPA fellowship certificate.

TAIF Discounted Fee for CIPA Exam Registration


$ 945 only

Discounted Fee does not include certificate shipping charges.

CIPA Exemptions

What exemptions will current CIPA candidates receive?

BRE and AAE Exemption

Candidates completing both BRE and AAE are exempt from PRC but receive no exemption for CPAAGE, keeping their overall assessment requirements unchanged.

CIPA-SS&GS Exemption

Candidates with old-scheme CIPA-SS&GS are exempt from CPSS but cannot receive the standalone certificate, maintaining the same requirement structure as other candidates.

Certificate Award

CPFAS, CPSS, and CPAAGE certificates are granted only when candidates pass the respective module exams, ensuring consistent certification requirements across all modules.

CIPA-FAR Exemption

Candidates with CIPA-FAR are exempt from CPFAS but cannot obtain the standalone certificate, and they may only earn the fellowship after completing all remaining modules.

AAOIFI Examination Windows

Download the 2026 examination schedule now
Syllabus

Download Curriculum!

CPFAS

A Glance at CPFAS
The AAOIFI CPFAS is an advanced certificate that develops the accurate understanding, interpretation, and practical application of the AAOIFI Financial Accounting Standards (FASs), enabling professionals to prepare and report financial statements for Islamic financial institutions.

CPSS

A Glance at CPSS
The AAOIFI CPSS is an advanced-level program that builds correct understanding, interpretation, and real-world application of AAOIFI Shari’ah Standards, equipping professionals to structure, evaluate, and implement Shari’ah-compliant Islamic finance transactions effectively.

CPAAGE

A Glance at CPAAGE
The AAOIFI CPAAGE is an advanced certificate focused on the technical application of AAOIFI Auditing, Governance, Ethics, and Shari’ah Review Standards, preparing professionals to manage compliance, conduct audits, and ensure effective oversight within Islamic financial institutions.

AAOIFI Exam Preparation Courses