Page 10 - NIBAF-Training Matters July-September 2021

In August –September 2021 NIBAF
designed CASS program after

consultation with AAOIFI, as a crash
program to facilitate those
candidates who are interested in
appearing AAOIFI’s CSAA exam.

However, this course itself has its
own worth of acceptance in shape of
an advance certification in Islamic
Banking & Finance like NIBAF’s other courses i.e., IBCC & FIBO etc.
This program was delivered during September 04 to 12, 2021 as on-line program. During the program, all
Shariah Standards and Governance Standards were thoroughly discussed mainly in ‘Presentation form’

along-with their main points as well as anticipated
questions.
Here are some other salient information about the program:
 Whole program was delivered in one-go within 09 days.

 It was an advance level program with relatively faster pace for such participants who had either
basic knowledge of Islamic Banking or Shariah Standards or some experience of working in any
Islamic Financial institution.
 Program trainers were either AAOIFI’s master trainers or familiar with AAOIFI courses and related
exams.
After through discussion of all standards in 09 days, a final exam was also scheduled for its certification

NIBAF’s flagship Islamic Banking Certificate Course (IBCC)-49 was held at NIBAF Peshawar during

September 13-October 5, 2021. The program was attended by 19 participants from 4 banks
The Course consists of a set of 16 modules covering the topics right from the basic knowledge to the Islamic
banking and its products to latest operational Issues faced by the banks, SBP regulations and product
development. As per NIBAF policy, the participants are required to pass the daily quizzes including group
presentation on day 16 and a comprehensive examination at the end of the course. For eligibility to claim

the certificate, a candidate has to secure 60% marks separately in daily quizzes as well as in comprehensive
exam. Further, 60:40 weight is assigned to comprehensive exam and daily quizzes. A successful candidate
has to secure 65% marks in the composite final result.

The participants found the

program beneficial for their
professional growth in the industry.
Moreover, the participants put forth
various suggestions for further
improvement of the program.