Governance & Compliance

Shariah Governance for Islamic Financial Institutions

Islamic financial institutions must ensure that products and operations comply with Shariah principles. This course covers Shariah governance frameworks: Shariah boards and their independence, Shariah compliance and review functions, internal Shariah audit, product approval, non-compliant income, disclosure and regulatory standards.

5 days Classroom or live online English

Smart Horizon Certified - Global Leadership Consultants

Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

Download course PDF

Why attend

From knowledge to real-world impact.

Shariah non-compliance damages trust and can create financial losses. You will learn how robust Shariah governance works in practice.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

Difficulty translating subject knowledge into practical workplace decisions.
Inconsistent approaches to the activities covered in the course outline.
Lack of a structured plan for applying and reviewing new skills.

Course methodology

How you will learn.

Framework comparisons, case studies, product approval simulations and audit exercises.

Course objectives

What you'll take away.

By the end of this course, participants will be able to:

Explain Shariah governance frameworks and standards
Describe the roles of Shariah boards and committees
Organise Shariah compliance and review functions
Conduct internal Shariah audits
Manage product approval and non-compliant income
Disclose Shariah governance information

Target audience

Who should attend.

This course is suitable for:

Shariah compliance officers
Shariah auditors
Islamic bank managers
Board members of Islamic institutions
Regulators and advisers

Target competencies

Capabilities you will build.

Participants will develop competencies in:

Shariah governance
Compliance review
Shariah audit
Product approval
Disclosure

Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1Shariah Governance

09:00–10:08Principles
10:08–11:00Regulatory frameworks
11:00–11:30Coffee break
11:30–11:45Regulatory frameworks (continued)
11:45–12:53Standards
12:53–14:00Exercise

Day 2Shariah Boards

09:00–10:08Composition and independence
10:08–11:00Fatwa process
11:00–11:30Coffee break
11:30–11:45Fatwa process (continued)
11:45–12:53Relationship with management
12:53–14:00Case study

Day 3Compliance and Review

09:00–10:08Compliance function
10:08–11:00Review processes
11:00–11:30Coffee break
11:30–11:45Review processes (continued)
11:45–12:53Reporting
12:53–14:00Workshop

Day 4Shariah Audit

09:00–10:08Audit planning
10:08–11:00Testing
11:00–11:30Coffee break
11:30–11:45Testing (continued)
11:45–12:53Findings
12:53–14:00Exercise

Day 5Products and Disclosure

09:00–10:08Product approval
10:08–11:00Non-compliant income
11:00–11:30Coffee break
11:30–11:45Non-compliant income (continued)
11:45–12:53Disclosure
12:53–14:00Action plan

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon certificate of attendance. Smart Horizon programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

Keep exploring

Your next horizon awaits.

All courses

The full course agenda and dates are available above. Use the session links in Dates & venues to choose a session. Registration and quotation forms require JavaScript; you can also contact our learning team directly.