• The Fastest Way to Learn Islamic Finance. Guaranteed.

    Ethica's CIFE™ gives you only the most essential, practical Islamic finance knowledge distilled into an accelerated 4-month program.

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  • Ethica's Graduates Get Hired and Promoted

    Our graduates perform better because Ethica's courses find their roots in the cut-and-thrust of on-the-ground execution. Recruiters know that you'll bring more Islamic finance know-how to the job than most around.

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  • Globally Recognized, Award-Winning Certification

    More people trust Ethica for Islamic finance certification. Period.
    Ethica's graduates now work in over 160 financial institutions in 64 countries around the world.

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  • Financial Aid for Students and Islamic Finance Graduates

    You are eligible for a 50% discount if you are currently a student at any institution or if you already have an Islamic finance diploma or degree from another institution and want to add the CIFE™ to your portfolio – apply today!

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From individuals to entire banks. anytime, anywhere.

"I chose Ethica for its excellent market reputation. And now I understand why..."

Daniel Rasqui, CIFE Graduate
Director, SIX Financial, Luxembourg

7 Day Free Islamic Finance Course

Please enter your details below to start receiving your lessons instantly!

More than 13,000+ individuals from 120+ countries have taken Ethica's "7 Day Free Islamic Finance Course." This is not a watered-down version of our curriculum. It is the real thing. In the next 7 days you will get more Islamic finance training than most bankers. Period. Enroll and start receiving the lessons by email — TODAY!

Why Islamic Finance? (VIDEO)

Why Islamic FinanceWhat makes Islamic finance different from conventional finance? And what makes it better? We look at 3 real-world examples and find out. We also introduce you to the 4 principles that guide Islamic finance transactions.

In Your Interest (PDF)

Islamic banking in your interestIs Islamic banking a viable alternative to interest-based conventional banking? Is it really any different from conventional finance? Does it offer a better way forward? In this article we explore these and other questions facing the next generation of Islamic bankers.

Understanding Ijarah 1 - Islamic Leasing (VIDEO)

Understanding Ijarah 1 - Islamic LeasingWhat's an Islamic lease? This module helps you find out. We introduce the Islamic lease and look at pre-requisites for its execution, legal title, possession, maintenance, earnest money, default, and insurance. We begin answering the question "How does an Ijarah work?" with step-by-step practical explanations.

Understanding Ijarah 2 - Islamic Leasing (VIDEO)

Understanding Ijarah 2 - Islamic LeasingYou learn the rights and obligations of the lessor and the lessee and focus on defective assets, sub-leases, extensions and renewals, transfer of ownership, and termination. You’ll also take a self-assessment quiz.

How to Calculate an Ijarah Schedule 1 (ADVANCED VIDEO)

How to Calculate an Ijarah Schedule 1 (Advanced)How do Islamic banks calculate leases? In these two modules you find out. We hold your hand through calculations, tables, and formulas and show you how to calculate rent, IRR, and profit. It's all here.

How to Calculate an Ijarah Schedule 2 (ADVANCED VIDEO)

How to Calculate an Ijarah Schedule 2 (Advanced)You continue learning about Islamic leases with practical information about depreciation and floating-rate profits. We wrap it up with a look at what happens when things go wrong: defaults, late deliveries, early termination, asset defects, and negligence. Test your understanding with a self-assessment quiz at the end.

Riba & Mortgages — 20 Commonly Asked Questions (PDF)

Riba and Mortgages - 20 Commonly Asked QuestionsEthica’s most popular article. A bank paid to distribute this article once upon a time…now it’s all yours completely free! 20 of the most commonly asked questions about usury and conventional home mortgages in a nicely formatted, ready-to-go PDF.

"We upgraded to 2x as many users after only 6 months."

Moinuddin Malim on upgrading to 1,000 users
CEO, Mashreq Al Islami, Dubai

7 Day Full-Access Corporate Trial

Please enter your details to get started with your trial account.

Three decision makers at your organization have full access to Ethica's award-winning training for 7 days. To start your corporate trial sign up now.

Our online training and certification program has helped banks improve performance. Ethica takes complete newcomers to an advanced level of understanding — rapidly. We have delivered training to small teams before a launch right upto 10,000 bankers across multiple countries

Case Study Bank

Download Mashreq Bank Case Study:

"How Ethica Trained 1,000 Bankers"
(Pages 14-28)

"Our Islamic finance program now extends far beyond our physical campus."

La Trobe University, Australia

7 Day Full-access Academic Trial

Please enter your details to get started with your trial account.

Three decision makers at your institution have full access to Ethica's award-winning training for 7 days. To start your corporate trial sign up now.

Ethica's CIFE™ is structured as a complete, holistic program designed to take those new to Islamic finance to an advanced level of practical and technical knowledge in 4 months or less.

This same program is equally deliverable piecemeal according to your preference. In the past, we have delivered the CIFE™ program as a university semester, a year-long program, and as our standard 4 month accelerated program. You choose. We deliver.

Case Study Universities

Download Case Study

"How Ethica Globalizes Your Campus"
(Pages 29-36)

Ethica's Handbook of Islamic Finance
(700 Page E-book)


Dr. Imran Usmani’s Guide to Islamic Banking

Sample Islamic finance contracts

CIFE™ Study Notes

Recommended reading lists

1,000+ Islamic finance Q&As

Why Islamic Finance?


The Problem with Artificial Wealth Creation

How is Islamic Finance Different?

3 Real-World Examples

How Does Islamic Finance Make Money?


Ethica is the preferred training partner of the world’s leading banks. This real-world experience translates directly into the effectiveness of our practical training content.

Three decision makers at your organization have full access to Ethica's award-winning training for 7 days. To start your corporate trial sign up now.


Global Islamic Business Finance

Best Research & Education Company
Dubai, UAE

Best Islamic Finance Qualification Award

Best Islamic Finance Qualification Award
London, UK

Online Business Islamic Finance

Business Innovation of the Year
Online Business of the Year
Customer Focus of the Year
Dubai, UAE

Education Leadership Award

Education Leadership Award
Dubai, UAE

What people are saying about Ethica

Marwa El Messidi, CIFE Graduate

Economic Development Professional, Richmond, USA

"I first became interested in Islamic finance as a graduate student at UC Davis. Ethica's CIFE was the first course I have taken completely online and I loved it! I learnt a great deal regarding the practical application, benefits, and risks involved. The course was an excellent mix of theory and practice. Highly recommended."

Waqas Zafar, CIFE Graduate

Senior Associate, KPMG, UAE

"Ethica's tutorials are an absolute game changer. Through excellent examples they explain how Islamic banking gets done inside an Islamic bank. The personnel at Ethica are devoted, professional and above all extremely helpful. My job entails dealing with the mergers and acquisitions sector and with Ethica’s CIFE I was able to accomplish what I had set out to achieve."

Pradeep Varma

Director, Pennant Technologies, India

"Ethica’s training and certification programs have benefited Pennant's Islamic banking product engineering and implementation staff — tremendously."

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