A 7-Minute Guide to CIPA Qualification

Certified Islamic Professional Accountant (CIPA)

The only internationally recognized Islamic Professional Accountant Qualification
Backed by Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)
The International Shariah, Accounting, Auditing, Governance and Ethics standards setting organization

Registration
Complete the Registration Form
Pay the Registration Fee (US$100)
Submit the completed Form

Enrolment
Pay the Enrolment Fee (US$400) upon receipt of notice on successful registration.
The Enrolment Fee includes the cost of four CIPA study texts which AAOIFI will provide to
the Candidates upon Enrolment.
Enrolment officially commences on that date (Enrolment Date)

Education Scheme
Choose the Paper to study (the CIPA Module consists of four Papers)
Pay the Module Fees (US$800 per Paper)
Candidates may either self-study or study at an AAOIFI approved Training Center
Candidates are allowed to take examination upon completion of study of the Paper

Examination
Register for an examination
Pay the Examination Fees (US$200 per examination per Paper)
Candidates are allowed to sit for more than one Paper in one examination period
The pass mark is 70% for each Paper
Candidates are allowed to resit multiple times for any examination
Candidates must pass all four Papers within 3 years from the Enrolment Date

Practical Experience Scheme

Meet the eligibility criteria
Complete the 1 year Practical Experience as per CIPA requirements within validity period
Upon completion submit the Final Report and pay the Assessment, Verification & Certification Fee (US$500)

Certification
Pass all 4 papers of CIPA Module
Pass the Practical Experience Requirement
Submit the original Certificates and Transcripts
Settlement of all applicable CIPA Program Fees

CIPA Fellowship
Pay Annual Fellowship Fee (US$100)
Receive the CIPA Fellowship benefits including:
Prestige and reputation by using the letters CIPA after your name
Global recognition of your knowledge, skills, and abilities
Free access to facilities to be provided to CIPA fellows
Preferential rates for purchase of AAOIFI publications and to register to AAOIFI events

Please see the CIPA Brochure for Fees reduction, Scholarship and/or Exemption(s). For more details on CIPA Program please see the CIPA Prospectus

Office 1001, 10th Floor, Al Nakheel Tower, Building 1074, For more information on the CIPA
Road 3622, Seef District 436, KINGDOM OF BAHRAIN
CONTACT US program, please visit
Tel: +973 17 244 496 Fax: +973 17 250 194
Email: cipa@aaoifi.com www.aaoifi.com.