FAQs on CPIF Professional Qualification
- Having the CPIF signifies the beginning of your on-going development as a professional.
- Completing the CPIF means being certified by a professional body and signify that you are ready to deliver quality professional services in today’s financial sector.
- The CPIF programme covers a comprehensive range of competencies that will allow candidates to assume wide-ranging role and responsibilities, culminating in a leadership position.
- Having a CPIF demonstrates your commitment to ethical and responsible Islamic Finance practice and conforms to the accepted professional standards.
- As the CIIF works towards attaining formal recognition outside of Malaysia, it is envisioned that members of other professional bodies be well-placed to add to their highly respectable credentials by attaining the CPIF.
- In coming up with the CPIF programme, CIIF works closely with renowned IF experts, and the content are developed, syndicated and approved with the IF industry experts. This means that the CPIF programme will produce practitioners which the IF industry is readily looking for.
- Since this is a self-study programme and candidates will study in their own pace, the total duration for completing a course will differ based on each individuals.
- The details of classes and other learning aids will be provided by our education partners (Please contact us for further details on this).
- It will take minimum 2 years to complete the CPIF programme depending on successful completion of each level. Candidates are required to register a minimum of 2 modules per examination sitting.
An individual is required to complete/pursue a recognised academic qualification to register for CPIF Foundation level. Completion of Foundation level will allow them to progress to the Intermediate level, and so forth.
For experienced professionals, and those with Islamic Finance qualifications, you may request exemptions for certain modules or levels. Exemptions are subject to the approval of the Committee.
You are required to register a minimum of 2 modules of the respective level per examination sitting.
Example: 2 Foundation modules for June sitting. 2 Foundation modules for Dec sitting.
- If you are already a CIIF member, you are only required to provide your CIIF membership number to register.
- If you are a non-member, you will be required to register for CIIF membership and CPIF by providing the following documents:
- Certified true copy of MyKad for Malaysian.
- Certified true copy of passport for Non-Malaysian (page with you photo and details)
- Latest academic certificates/transcripts (CTC by Commissioner of Oath or Employer)
- Confirmation of employment by employer if you are currently working.
- Official confirmation and receipt of the course registration
- Study texts: both in pdf version (will be made available for download) and hardcopy (optional)
- At the moment, there are no scholarships being offered by CIIF.
- However, some employers do provide scholarships/subsidy/support for continuing professional development courses, depending on the organisation policies. Do speak to your employers for such opportunities.
- There is also tax relief given to Malaysian Citizens for pursuing Certificates in Islamic Finance