• 2.1.8 Specialist examination competencies – Islamic finance


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    Description of role

    Responsible for examining Islamic finance and ensuring production of comprehensive, timely, accurate and well-formatted reports.     

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    Core technical skills

    • Knowledge of Islamic banking and products
    • Knowledge of the risks underlying Islamic Finance structures
    • Knowledge of accounting and financial reporting requirements of Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)
    • Knowledge of standards of Islamic Financial Services Board (IFSB) regarding regulations and supervision
    • Ability to perform detailed financial analysis
    • Knowledge of complex credit risk models, valuations, etc.
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    Qualification and/ or certification

    • QFSQF Level 3
    • Relevant experience