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AAOIFI Shariah Standards Implementation Training Course

Guides Islamic finance professionals in applying AAOIFI Shariah Standards across products, contracts and operations, and in assessing compliance against them.

BFI · Islamic Banking & FinanceAll Levels#1122ClassroomEnglish , Arabic
Duration
5 Days
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Free substitution at any time · 30+ days' notice: full refund minus 10%. Cancellation policy

Course Overview

The AAOIFI Shariah Standards Implementation Training Course is designed to provide banking professionals, Shariah advisors, compliance specialists, auditors, governance professionals, risk managers, and senior executives with the practical knowledge and implementation skills required to apply AAOIFI Shariah Standards effectively across Islamic financial institutions. As Islamic finance continues to expand globally, consistent implementation of internationally recognized Shariah standards has become essential for ensuring regulatory compliance, operational integrity, and stakeholder confidence. AAOIFI Shariah Standards serve as a globally recognized framework for governing Islamic financial products, contracts, transactions, and institutional practices. They provide comprehensive guidance for the development, approval, execution, monitoring, and review of Islamic banking and finance activities while ensuring compliance with Shariah principles. Successful implementation requires more than theoretical understanding; it demands structured governance, effective internal controls, coordinated compliance functions, and continuous monitoring throughout the organization. This training course provides an in-depth understanding of the practical application of AAOIFI Shariah Standards across Islamic banking operations, financing activities, investment products, treasury functions, Sukuk structures, Takaful operations, and asset management. Participants will examine the requirements of key Shariah standards, understand implementation challenges, and learn how to integrate the standards into institutional policies, operational procedures, product development, and governance frameworks. Through practical case studies, implementation workshops, and real-world scenarios, participants will strengthen their ability to evaluate existing practices, identify compliance gaps, improve Shariah governance, and establish effective implementation frameworks. The course supports organizations in enhancing operational excellence, strengthening regulatory readiness, improving institutional governance, and maintaining sustainable Shariah compliance across all business functions.

Learning Objectives

  • Analyze the structure, objectives, and practical application of AAOIFI Shariah Standards.
  • Develop implementation strategies for integrating AAOIFI Shariah Standards into institutional operations.
  • Evaluate Islamic financial products and contracts against applicable Shariah Standards.
  • Apply AAOIFI requirements to financing, investment, treasury, and banking activities.
  • Design internal policies and procedures that support effective implementation of Shariah Standards.
  • Improve coordination between Shariah governance, compliance, risk management, and internal audit functions.
  • Strengthen institutional controls for monitoring ongoing compliance with AAOIFI Shariah Standards.
  • Implement practical solutions to address Shariah compliance gaps and operational challenges.
  • Assess organizational readiness for the effective implementation of AAOIFI Shariah Standards.
  • Align governance and operational practices with internationally recognized Islamic finance standards.

Who Should Attend

This course is designed for Board members, Shariah Supervisory Board members, Chief Executive Officers, Chief Compliance Officers, Heads of Shariah Departments, Internal Auditors, Shariah Auditors, Governance Managers, Risk Managers, Legal Advisors, Product Development Managers, Operations Managers, Treasury Professionals, Investment Managers, and specialists responsible for implementing Shariah compliance within Islamic financial institutions. It is highly relevant for professionals working in Islamic banks, Islamic banking windows, investment companies, Takaful operators, Islamic finance institutions, asset management firms, central banks, regulatory authorities, ministries, government financial entities, supervisory agencies, and consulting firms involved in Islamic finance regulation, governance, and compliance. The programme is also suitable for professionals responsible for Islamic product development, operational excellence, corporate governance, enterprise risk management, regulatory compliance, internal control, financial supervision, and institutional transformation who seek to strengthen their practical understanding of AAOIFI Shariah Standards implementation.

Learning Outcomes

  • By the end of this course, participants will be able to:
  • Explain the objectives, scope, and structure of AAOIFI Shariah Standards.
  • Apply Shariah Standards to Islamic financial products and operational activities.
  • Evaluate financing contracts for compliance with AAOIFI Shariah requirements.
  • Develop implementation plans for institutional adoption of Shariah Standards.
  • Strengthen Shariah governance through effective policies and operational controls.
  • Identify and mitigate Shariah compliance risks across business functions.
  • Conduct practical assessments of institutional compliance with AAOIFI Shariah Standards.
  • Integrate Shariah compliance into governance, risk management, and internal audit frameworks.
  • Recommend improvements to product structures and operational processes based on AAOIFI requirements.
  • Prepare an organizational action plan for sustainable implementation and continuous improvement.

Course Outline

Course Outline

Day 1

Introduction to AAOIFI Shariah Standards and the Implementation Framework

  • Overview of AAOIFI and its role in Islamic finance
  • Structure and objectives of AAOIFI Shariah Standards
  • Regulatory expectations and international best practices
  • Institutional implementation framework and governance requirements
  • Practical workshop: Assessing organizational readiness for implementation
Day 2

Implementing AAOIFI Standards in Islamic Financing Contracts

  • Murabaha implementation requirements
  • Ijarah implementation requirements
  • Musharakah and Mudarabah standards
  • Salam and Istisna implementation practices
  • Practical case studies on financing contract compliance
Day 3

Applying AAOIFI Standards to Islamic Financial Products and Services

  • Wakalah, Kafalah, Rahn, and related contracts
  • Sukuk structures and Shariah implementation requirements
  • Investment products and asset management compliance
  • Product approval processes under AAOIFI Standards
  • Practical workshop: Reviewing Islamic financial products for Shariah compliance
Day 4

Shariah Governance, Compliance, and Internal Assurance

  • Integrating AAOIFI Standards into Shariah governance
  • Internal Shariah compliance and monitoring
  • Shariah audit and internal control frameworks
  • Managing Shariah non-compliance risks and corrective actions
  • Practical application: Conducting a compliance gap assessment
Day 5

Institutional Implementation and Continuous Improvement

  • Developing institutional implementation policies and procedures
  • Performance measurement and compliance reporting
  • Managing implementation challenges and organizational change
  • Future developments in AAOIFI Shariah Standards and Islamic finance
  • Final workshop: Developing a comprehensive institutional implementation roadmap for AAOIFI Shariah Standards with governance responsibilities, monitoring mechanisms, performance indicators, and continuous improvement initiatives.

Upcoming Dates

Selected date

Geneva · 30 Nov – 4 Dec 2026 · Classroom

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CityDatesPrice per ParticipantEarly Bird
ParisScheduled
2 – 6 Nov 2026€5,700—
CairoScheduled
2 – 6 Nov 2026€3,300—
LondonScheduled
2 – 6 Nov 2026€5,600—
RiyadhScheduled
9 – 13 Nov 2026€4,200—
CasablancaScheduled
9 – 13 Nov 2026€4,300—
MadridScheduled
9 – 13 Nov 2026€5,400—
RomeScheduled
16 – 20 Nov 2026€5,800—
MakkahScheduled
16 – 20 Nov 2026€4,200—
DohaScheduled
16 – 20 Nov 2026€4,400—
DubaiScheduled
22 – 26 Nov 2026€4,400€3,960until 2 Nov
SalalahScheduled
23 – 27 Nov 2026€5,300€4,770until 2 Nov
ManamaScheduled
23 – 27 Nov 2026€4,700€4,230until 2 Nov
GenevaScheduled
30 Nov – 4 Dec 2026€6,300€5,670until 9 Nov
TrabzonScheduled
30 Nov – 4 Dec 2026€4,700€4,230until 9 Nov
MilanScheduled
30 Nov – 4 Dec 2026€6,000€5,400until 9 Nov
AmmanScheduled
30 Nov – 4 Dec 2026€3,100€2,790until 9 Nov
MunichScheduled
7 – 11 Dec 2026€5,400€4,860until 16 Nov
IstanbulScheduled
7 – 11 Dec 2026€4,700€4,230until 16 Nov
AmsterdamScheduled
7 – 11 Dec 2026€5,400€4,860until 16 Nov
TunisiaScheduled
7 – 11 Dec 2026€3,800€3,420until 16 Nov
Kuala LumpurScheduled
14 – 18 Dec 2026€4,400€3,960until 23 Nov
MuscatScheduled
14 – 18 Dec 2026€5,300€4,770until 23 Nov
ViennaScheduled
14 – 18 Dec 2026€5,700€5,130until 23 Nov
BarcelonaScheduled
14 – 18 Dec 2026€5,400€4,860until 23 Nov
OnlineScheduled
20 – 24 Dec 2026€1,700€1,530until 30 Nov
ZurichScheduled
21 – 25 Dec 2026€5,000€4,500until 30 Nov
BerlinScheduled
21 – 25 Dec 2026€5,800€5,220until 30 Nov
LisbonScheduled
21 – 25 Dec 2026€5,400€4,860until 30 Nov
KigaliScheduled
21 – 25 Dec 2026€5,100€4,590until 30 Nov
LondonScheduled
28 Dec 2026 – 1 Jan 2027€5,600€5,040until 7 Dec

Available in: Istanbul · Dubai · London · Riyadh · Doha · Amsterdam

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