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FREE ONLINE COURSE  ·  SHARIAH STANDARDS

AAOIFI Shariah Standards

Learn selected AAOIFI Shariah Standards through 17 video topics, organized into five meaningful modules covering financial dealings, safeguards, financing structures, partnership, trade and contract application.

17Standard topics

05Academic modules

FreeVideo learning

QuizSelf-assessment

01  ·  Course overview

Understand the Standards Behind Islamic Finance

The AAOIFI Shariah Standards form an important reference for Islamic financial institutions. This independent IslamicFina learning series brings together videos explaining selected standards, from currency transactions and debt settlement to sale, leasing, partnerships and combinations of contracts.

The five modules are designed to make it easier to study the underlying juristic principles and consider their applications in contemporary Islamic banking and finance.

At a glance  ·  Course details

Learn with Flexibility

Access: Completely free

Format: Video lectures and playlists

Coverage: 17 selected standards

Modules: Five  Practice: Linked AAOIFI Quiz

02  ·  Learning outcomes

Build Juristic Understanding

  • Explain principles underlying selected AAOIFI Shariah Standards.
  • Understand currency, card, debt and set-off transactions.
  • Distinguish guarantees, hawalah and institutional conversion.
Knowledge  ·  Application

Apply the Core Concepts

  • Compare murabahah, ijarah, salam and istisna structures.
  • Discuss partnership, mudarabah, documentary credit and ju’alah.
  • Recognize the importance of possession and contract combinations.
03  ·  Learning journey

Explore Five Structured Modules

Follow the standards in their existing numerical sequence. Expand a module, then expand a standard to view its video and original playlist link.

01   Payments & Debts02   Guarantees03   Financing04   Partnership & Trade05   Possession

Currency, payment cards, delayed repayment and set-off

SS 1Trading in Currencies

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SS 2Debit Card, Charge Card and Credit Card

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SS 3Procrastinating Debtor

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SS 4Settlement of Debt by Set-Off

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Guarantee, institutional conversion and hawalah

SS 5Guarantee

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SS 6Conversion of a Conventional Bank to an Islamic Bank

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SS 7Hawalah

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Murabahah, ijarah, salam and istisna

SS 8Murabahah

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SS 9Ijarah and Ijarah Muntahia Bittamleek

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SS 10Salam and Parallel Salam

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SS 11Istisna and Parallel Istisna

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Sharikah, mudarabah, documentary credit and ju’alah

SS 12Sharikah (Musharakah) and Modern Corporations

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SS 13Mudarabah

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SS 14Documentary Credit

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SS 15Ju’alah

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Qabd and combination of contracts

SS 18Possession (Qabd)

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SS 25Combination of Contracts

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04  ·  Knowledge assessment

Test Your Understanding

Review what you have learned using the IslamicFina AAOIFI quiz. The quiz is a study aid, not an official AAOIFI examination or certification assessment.

Open AAOIFI Quiz  ↗

05  ·  Study guidance

How to Study Effectively

Move through the modules in sequence, note the terminology and essential conditions of each contract, and revise the distinctions between the standards. Consult the original official standards for authoritative wording and any updates.

06  ·  Learner information

Frequently Asked Questions

Yes. The videos and linked playlists are freely accessible.

No. It contains selected available topics: Standards 1–15, 18 and 25.

No. IslamicFina provides independent educational lectures and does not represent this as an official or accredited AAOIFI certification programme.

The curriculum follows the available standards numerically, although you may also select particular topics.

Refer to the official AAOIFI Shariah Standards and their current published versions.

Educational and independence notice: This resource is independently hosted by IslamicFina. It is not official AAOIFI training or certification. For authoritative rulings and current requirements, consult the official AAOIFI Shariah Standards.