Advanced Islamic specialist certified in Sharia auditing
Issued by the Council of Islamic Banks and Financial Institutions (CIBAFI)
Sharia supervision is considered the basic pillar that distinguishes the work of Islamic financial institutions, as it ensures compliance with the provisions and principles of Sharia that must be observed by officials and all employees. It also contributes to reassuring the public, including customers and others, of the legitimacy of the activity carried out by these Islamic institutions. In addition to its contribution to the development of new Islamic financial products.
The most important tasks of Sharia oversight are to examine contracts, agreements, policies, products, transactions, incorporation contracts, basic systems, and reports issued by internal audit departments, as well as circulars and reports of inspections carried out by the Central Bank.
Sharia supervision and auditing is carried out by independent bodies of jurists specialized in the jurisprudence of transactions, who are entrusted with directing, reviewing and supervising the activities of Islamic financial institutions to ensure their commitment to the provisions and principles of Islamic Sharia, and their fatwas and decisions are binding on the institution.
The Certified Specialist Certificate in Sharia Auditing aims to provide an opportunity for those working in the field of Islamic banking supervision and those working in Islamic banks to become familiar with the concepts of supervision and review in Islamic financial institutions, the supervision and review systems and their types, and to determine the components of internal Sharia supervision, its objectives, tasks and powers. It also introduces external Sharia oversight and review, the organizational status of Sharia oversight bodies, their tasks and powers, in addition to knowledge of field Sharia review procedures and tools, its stages and procedures, work manuals, reports, and their qualitative quality. The certificate reviews different models of supervision and inspection at the level of central banks. It also aims to develop the skills of workers in the field of banking supervision so that they can carry out the tasks of banking supervision over Islamic banks.
The goal of obtaining the advanced Islamic specialist in Sharia auditing:
- Providing participants with advanced knowledge of Sharia auditing principles and practices
- Preparing participants for high-level roles in Sharia audit
- Advanced knowledge of Islamic accounting
- Advanced knowledge of forensic auditing
- Advanced knowledge of Sharia governance
IBTS is the licensed partner in Iraq for training and distributing the scientific curriculum, conducting registration and international testing, and delivering advanced Islamic specialists in Sharia auditing.
