The Director Normal of the Institute of Banking Research, Prof. Dr. Yacoub Yousef Al-Rifai, honored the graduates of the 3rd batch of the “Certified Sharia Auditor Certificate”, exactly where the initial group of the software was held from January 10 to March 3, 2021, and the second team was held from January 24 to March 21, 2021, in which a team of Kuwaitis functioning in the area of Sharia auditing and those people intrigued in it participated, with a selection of 41 contributors.

In his speech to the graduates, Al-Rifai thanked the Governor of the Central Bank of Kuwait and the Chairman of the Board of Directors of the Institute of Banking Research Basil Ahmad Al-Haroun, as properly as the associates of the Institute’s Board of Administrators for their aid of this application, and also to the administrators of human sources in the collaborating banks for their efforts and adhere to-up to make this application a results each calendar year.

It is noteworthy that the “Certified Sharia Auditor Certificate” software is one of the systems of the “Kafaa” initiative introduced by the Central Financial institution of Kuwait in cooperation with Kuwaiti financial institutions, and its implementation is supervised by the Institute of Banking Scientific studies, in the belief that it is important to redouble attempts and initiatives that add to elevating the abilities of Sharia audit cadres and operate to qualify them scientifically and professionally. And with the intention of strengthening governance in the work of Shariah supervision in Islamic banking companies in Kuwait and consolidating the foundations of Sharia auditing on the function of these banks.

One of the most well known attributes of this certification is that it pays terrific consideration to the sensible and applied factors in the field of Sharia audit. Fifty percent of the program’s time is devoted to Sharia audit strategies, and the other fifty percent of the method hours are devoted to foundational information factors and Sharia specifications certain to the Islamic economical business.

The planning of this certification system was guided by the most effective practices and the most current scientific elements in this regard. The Sharia Auditor Certificate enjoys the accreditation of the Central Lender of Kuwait, the Capital Marketplaces Authority and the Kuwait Center for Islamic Economics.