Course Fee And Payments

How Much Does the Certification Cost?

Course Fee And Payments

Certified Islamic Finance Executive (CIFE)

Practical Islamic finance training, taking newcomers to an advanced level of knowledge rapidly.

Advanced CIFE (ACIFE) in

Takaful is used in just about every Islamic financial transaction. How well do you know it?

Advanced CIFE (ACIFE) in
Financial Analysis

Learn to perform the most commonly used Islamic financial calculations in the industry.

Advanced CIFE (ACIFE) in

AAOIFI’s accounting standards distilled into an accelerated certificate.

Number of Certificates You Buy
Price Per Certificate
Total Price
$3,240 Save $360)
$4,320 (Save $1,080)
$5,040 (Save $2,160)

When you sign up you get:

  • 4 months access to award-winning self-study videos
  • CIFE™ Study Notes (Download now)
  • One examination attempt
  • Framed CIFE™ Certificate couriered to your home or office
  • Use CIFE™ as a designatory title after your name on resumes and LinkedIn

We accept online payments (Visa and Mastercard) and wire transfers. If you cannot pay online by credit card you can wire the course fee to our bank account. Please email to receive our bank account details.

If you are ready to invest in your future, Ethica gives you the convenience of paying now and studying up to 1 year later for your CIFE and ACIFE programs. Write to to get started.

Individuals and Small Groups
Number of Users Price per User Access Period
in Takaful
in Financial Analysis
in Accounting
1 $1,800 $1,800 $1,800 $1,800 4 Months
2 to 7 $1,600 $1,600 $1,600 $1,600
8 to 19 $1,400 $1,400 $1,400 $1,400
Medium-Sized Organizations, Academic Courses, Large Teams
Number of Users Price per User Access Period
20 to 39 4 Months
40 to 69
Large Organizations and Academic Institutions
Number of Users Price per User Access Period
70 to 99 1 Year
Monitoring Dashboard
1 Day Free Face-to-Face Training
100 to 299
300 to 599
600 to 999
1000 to 1499
1500 to 2000

Groups of friends, co-workers, and students can enroll together and avail our subsidized group rates as shown above.

For example, if 6 co-workers enroll together for the CIFE™ program each individual pays $1,600, saving $200 per head.

  • One designated individual should collect payment on behalf of all individuals and pay $9,600 (6 X $1,600) online by credit card or by wire transfer
  • If paying by credit card, email the names and emails of the individuals in your group
  • Ethica will subsequently send you an invoice to be paid online
  • On receipt of payment, accounts will be provisioned and all individuals will be notified by email
  • We do not offer installment-based payment

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