Instructions for Scholarship Award Applicants
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Ethica’s scholarship award selection committee is now reviewing over 200 applications:
• SCHOLARSHIP AWARD ($1,495 value)
• HONORABLE RECOGNITION AWARD ($505 value)
Award Benefits:
— Award-winning Certified Islamic Finance Executive (CIFE™) or Advanced CIFE™ (ACIFE™) certification
— Your name and bio announced globally with the award winners on December 4th
— Your name, bio, and LinkedIn profile showcased on the winner’s page on Ethica’s website
— CIFE (Schol), CIFE (Hon), ACIFE (Schol), or ACIFE (Hon) as your designatory title on LinkedIn
If you applied for these awards, please follow these instructions:
1. If you win the Scholarship Award, you will be notified on December 4th. You must accept your award within 5 business days, failing which your award will be passed on to the next eligible candidate.
2. If you win the Honorable Recognition Award, you will be notified between now and November 29th. You must accept your award within 5 business days, failing which your award will be passed on to the next eligible candidate.
Successful applicants may begin their program at any time up to 1 year from the award date.
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If you have not applied yet, you may still be eligible for the Honorable Recognition award.
All winners announced globally on December 4th.
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Officially AAOIFI Recognized
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Officially recognized by AAOIFI (pronounced “a-yo-fee”), the world’s leading standard-setting body in Islamic finance, Ethica's award-winning Certified Islamic Finance Executive (CIFE) and Advanced CIFE (ACIFE) earn you continuing professional development (CPD) credits
"The role Ethica has played in promoting the cause of standardization of best practices in Islamic finance, especially in the fields of Shari'ah and accounting, that too for the last two decades, is indeed praiseworthy. They have always put AAOIFI standards at the heart of all their certification and training programs for which we are grateful."
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Omar Mustafa Ansari
Secretary General, AAOIFI
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2025 Best Islamic Finance Qualification—Global (Global 100, UK)
2025 Best Islamic Finance Certification—Global (Global Excellence Chronicle Magazine, US)
2025 Financial Training Provider of the Year (Global Awards Corporate Livewire, UK)
2025 Best Islamic Finance Institution 2025—UAE (Acquisition International, UK)
2025 Islamic Finance Advisory Firm of the Year—UAE (Worldwide Financial Advisor Awards Magazine, UK)
2024 Finance Education Provider of the Year (Innovation & Excellence Global Awards, UK)
2024 Best Islamic Finance Training Institution—Global (World Business Outlook, Singapore)
2024 Best Practices in Islamic Finance—Global (World Business Outlook, Singapore)
2024 Islamic Finance Advisory Firm of the Year—UAE (Lawyers Worldwide Award Magazine, UK)
2024 Best Comprehensive Islamic Finance Education Provider (Awards International Investor Magazine)
2024 Lifetime Achievement Islamic Finance Education (Awards International Investor Magazine)
2024 Most Successful Business Leaders—UAE (The Inc Magazine, US)
2024 Best Islamic Finance Qualification—Global (Lawyer International Legal 100, UK)
2024 Islamic Finance Trailblazer Award (Global 100 Education Innovators Award, UK)
2024 Most Trusted Islamic Finance Institution (Business Excellence Award AI, UK)
2024 Best Islamic Finance Qualification—Global (Corporate America Today, US)
2024 Best Islamic Finance Qualification—Global (International Business Magazine, Dubai)
2024 Best Islamic Finance Training Institution—Global (International Business Magazine, Dubai)
References available upon request
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What CIFE and ACIFE Graduates Say...
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"Ethica’s CIFE has already opened doors for me..."
Boyd Ruff
Esq., USA
“The course is brilliant.”
Mufti Ibrahim Essa, Darul Uloom
"I chose Ethica’s certification as it has an excellent reputation in the market and now I understand why. All the different modules cover the most important types of contracts from both a theoretical as well as a practical perspective and are complemented by a lot of clear examples. And the self-paced training permits excellent time management. I recommend the CIFE from Ethica Institute to everybody seriously interested in learning about Islamic finance."
Daniel Rasqui
Director, Product Support and IT, SIX Financial Information, Luxembourg
"We upgraded to twice as many users after only 6 months with Ethica."
Moinuddin Malim
CEO, Mashreq Al Islami
Read more testimonials (here)
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Haven't Experienced Ethica's Award-Winning Training Yet?
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CIFE & ACIFE graduates have likened the knowledge gained from Ethica’s certification to actually working inside an Islamic bank. Ethica puts you ahead of the curve by training you in the practical aspects of Islamic banking without overwhelming you with theory. Play one of our videos (click here) to experience the quality and depth of our training.
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Play a video from Ethica’s award-winning CIFE program
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View Ethica’s Handbook of Islamic Finance?
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2,000+ Pages of Premium Content Free...
- Mufti Taqi Usmani’s “Introduction to Islamic Finance”
- AAOIFI’s Shariah Standards
- Sample Islamic finance contracts
- CIFE™ Study Notes
- Recommended reading lists
- 1,000+ Islamic finance Q&A
Read Now
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About Ethica Institute of Islamic Finance
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Ranked #1 on Google for “Best Islamic Finance Certification” regularly, Ethica is trusted by more professionals for Islamic finance certification. Officially recognized by AAOIFI, the world's leading standard-setting body in Islamic finance, Ethica Institute has trained over 15,000 paying professionals in 160 financial institutions across 65 countries, winning numerous industry awards. Ethica’s globally recognized and accredited award-winning certificates include the Certified Islamic Finance Executive™ (CIFE™), Advanced CIFE™ Financial Analysis (ACIFE™ FA), and Advanced CIFE™ Accounting (ACIFE™ ACC), delivered online or live at the bank.
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Couriered to your doorstep at no extra charge, your framed certificate will handsomely adorn your office or study for years to come. Custom-mounted and framed by hand, this beautiful certificate was designed by classically-trained Islamic artists and third-party accredited to comply with AAOIFI, the world’s leading Islamic finance standard.
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Celebrating 20 Years of Islamic Finance Excellence
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- Ranked #1 on Google for “Best Islamic Finance Certification” regularly
- Official recognition from AAOIFI, the world’s leading standard-setting body for Islamic finance
- 15,000 paying professionals in 65 countries from over 160 institutions
- +$390,000 given in financial aid
- +100 countries and thousands receive free courses and ebooks
- 80+ industry awards
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Our Learners and Clients Come From…
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Add Your Digital Certificate to LinkedIn
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Email [email protected] to get your digital certificate today. Attract employers: Add your Ethica CIFE or ACIFE to your LinkedIn profile and other online media. The framed certificate is still sent by courier; now you have a digital option for showcasing your talents to colleagues and potential recruiters.
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Google Ranks Ethica #1 for "Best Islamic Finance Certification"
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Google ranks Ethica #1 for "Best Islamic Finance Certification" regularly. Ethica achieves this organically, without ads and corporate funding, because Google's algorithms look at user experience, relevance, and content quality to deliver results.
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Congratulating Ethica's Scholarship Winners
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Full scholarship or financial aid for selected candidates to Ethica’s award-winning Certified Islamic Finance Executive CIFE™ or Advanced CIFE™ ACIFE™ programs—upto a $1,495 value
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Disclaimer: This email is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action. Ethica Institute LLC does not purport to and does not, in any fashion, provide tax, accounting, actuarial, record keeping, legal, broker, dealer or any related services. You should consult your advisors with respect to these areas and the material presented herein. You may not rely on the material contained herein. Ethica Institute LLC shall not have any liability for any damages of any kind whatsoever relating to this material. Unlless indicated otherwise, the names of people, locations, and events may have been changed and any resemblance to actual people, locations, and events may be purely coincidental.
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