(Re-appearing) AAOIFI CIPA Registration with TAIF

Exemption Terms & Conditions:

practical experience requirement (PER)
Duration: 1 year

Place of PER: Any pre-approved institution

Supervisor: Any pre-approved Islamic finance professional
Deliverable: Submission of periodic and final reports to AAOIFI
Requirement: Fulfilment of accountancy-related work performed for IFIs

Exemption: Provided on a case-by-case basis. Alternative to PER: candidates will be required to submit two 5,000-7,000 word research papers on a pre-approved topic in Islamic finance accountancy.

Exemption: Module exemption(s): Exemption(s) are generally offered as tabularised hereunder:

Module	Name Exemption criteria
FAR	CPFAS certificate
AAE	ACCA members who have passed P7 exam or CA or any other related professional qualification
BRE	Any professional qualification of a body recognised by IFAC
SSSG	CSAA or CSE or CSA fellowships qualification by a body recognised by IFAC

PER exemption: Criteria for partial and full exemption from PER is as follows:

Partial (6-months exemption)	Full exemption
• 3 years of experience in accountancy in an Islamic financial institution (IFI);	• more than 3 years of experience in accountancy in an IFI;
• 5 years of experience in accountancy in a financial institution (FI); or	• more than 5 years of experience in accountancy in a FI including 3 months of experience in accountancy in an IFI; or
• membership in a professional body that is an IFAC member with at least 1 year of experience in accountancy in a FI.	• membership in a professional body that is an IFAC member with at least 6 months of experience in accountancy in an IFI.

Do you want to fill the Exemption Application Form?*

YESNO

CIPA MODULE & PER EXEMPTION APPLICATION FORM
I wish to apply for exemption for the following (paper):
Financial Accounting and Reporting (FAR)

Business and Regulatory Environment (BRE)

Audit, Assurance and Ethics (AAE)

Shari’ah Standards & Shari’ah Governance (SS&SG)

Practical Experience Requirement (PER)
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State specific grounds in support of your application for exemption and attach all relevant documents as proof
Type in front of relevant Paper:
Financial Accounting and Reporting (FAR)
FAR: Upload True, certified, and attested copies of academic degrees and professional qualifications

Cancelof
Business and Regulatory Environment (BRE)
BRE: Upload True, certified, and attested copies of academic degrees and professional qualifications

Cancelof
Audit, Assurance and Ethics (AAE)
AAE: Upload True, certified, and attested copies of academic degrees and professional qualifications

Cancelof
Shari’ah Standards & Shari’ah Governance (SS&SG)
SS&SG: Upload True, certified, and attested copies of academic degrees and professional qualifications

Cancelof
Practical Experience Requirement (PER)
PER: For PER exemption only; Employment Certificate issued by Human Resources of your organization with a detailed job description proving your accountancy-related work experience

Cancelof
Please tick to confirm you have enclosed the following documents where applicable:
True ,certified and attested copies of academic degrees and professional qualifications.

For PER Exemption only:Employement certificate issued by Human Resources of your organization with a detailed job description proving your accountancy related work experience.

Candidate Registration No. if exemption is sought based of AAOIFI fellowship.
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- I hereby certify that to the best of my knowledge all the information I have provided on this form and all supporting documents are true and correct and l agree to abide by the CIPA Exemption Scheme and all rules related thereto.
- I hereby understand that should the application for exemption from module(s) exemptions and/or PER is rejected on basis of non-fulfillment of exemption requirement, I will forfeit the Module & PER Exemption Application Fee of USD 100/-. And that in the event the application for exemption is accepted, AAOIFI shall reimburse the Fee by way of deduction in the total fees payable.

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(Re-appearing)CIPA Exam Registration Form

Exemption Terms & Conditions:

CIPA MODULE & PER EXEMPTION APPLICATION FORM