CIPA Programs

About CIPA

Executive Summary

This four (4) day program is designed to help senior managers, managers and accountants to create value for their respective organization, based on the principles of Islamic accounting and finance. While managing value is not an easy task, the program creates understanding of important features, fundamentals and applications of Islamic accounting and finance. Throughout the program, participants will enjoy an interactive outcome based learning where the facilitators will be discussing concepts and their applications in real life business, based on their collective corporate experiences. The facilitators will make the finance and accounting course content interesting through interactive lecture presentations, case studies and discussion. Participants will value how Islamic finance and accounting will help them to manage the bottom-line and create better value for shareholders.


At the end of the program, participants will achieve the follow objectives:

  • Demonstrating the role of Islamic accounting and finance in decision making.
  • Applying Islamic accounting and finance principles in corporate reporting.
  • Planning company’s operating, financing and investing needs based on available instruments and financial markets offerings in Islamic finance.
  • Constructing portfolio of Islamic wealth management, corporate zakat, waqf and tax.
  • Enhancing corporate performance beyond profitability.

Program Methodology

The delivery of the program will be based on experiential and interactive learning. Lectures based on topic, case study, simulation and group discussion will be delivered.

Course Modules

  • Day 1: Islamic Accounting
  • Day 2: Shariah Governance and Assurance Services
  • Day 3: Islamic Finance
  • Day 4: Corporate Financial Strategy for Islamic Financial Leaders


This program is designed for Senior Managers, Business Executives, Accountants and those who have an Accounting and/or Finance background or an ICMA approved professional accounting qualification.

Program Facilitators

Facilitators of CIPA Program consist of Subject Matter Experts with vast corporate and academic experience from ICMA; INCEIF The Global University of Islamic Finance; and Multimedia University (MMU).

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