One Month Associate Certificate [ACIBF]

Associate Certificate in Islamic Banking & Finance [ACIBF]

One Month Certificate Course

The one month Certificate program is designed for those who may not have the time to undertake the three-month Certificate program. It is designed with the objective that participants will gain the knowledge of, and appreciate the purpose and needs for the different principles and operations involved in Islamic Banking and how they differ from western banking models.

Structure and Duration

The Program is to be run both at morning and evening sessions to suit the working hours of professionals. It is structured for one month duration, of 4 weeks. A student should complete 4 courses of 15 credit hours each, for a total equivalent of 60 credit hours for graduation.

Course Content/Syllabus

  • Issues in Islamic Economics and Finance
  • Islamic Banking Operations
  • Risk Management and Corporate Governance in Islamic Banking


The program is intended for candidates who can demonstrate prior knowledge of business, commerce, banking and finance, or have the desire and interest to acquire knowledge of Islamic banking and finance.

Teaching and Learning Methods

  • The Learning and Teaching is provided through lectures, seminars, group work and case studies.
  • Contact and feedback is typically provided through coursework assessments (eg. Essays, tests etc), lectures, seminars, group-work, and one-to-one contact with staff within the personal tutoring system.

Attendance and Assessment

  • For each module of the program, a student is required to attend 15 in-class hours, complete the required written assignments and write the final examination.
  • All students are required to ensure a MINIMUM attendance of 70% in order to qualify for a Certificate.


The Program fee structure is as follows:

Application processing fees                                 =N10,000

Course fees                                                              =N250,000

Fees are payable in advance. Course fees are refundable if the candidate decides to withdraw two weeks prior to the commencement of the course.