EP L5 Diploma in Islamic Financial Risk Management

Diploma in Islamic Financial Risk Management is aimed to develop knowledge and application of the Shariah compliant risk management tools and techniques of Islamic Financial and banking industry.
We have adopted relevant AAOIFI standards in this qualification. The learner who completes this qualification should comply with AAOIFI Code of Ethics for Islamic Finance Professional in addition to Edupro’s 6C principles.


This qualification is officially recognised by AAOIFI for Twelve Continuing Professional Development (CPD) hours.

Key facts

Course fee: Only £69

This fee includes:
  • Access to the course via ABP Learning Management Portal.
  • Take ‘Test Quiz’ before final Exam.
  • Two attemtps for final exam.
  • Hard copy certificate from ABP, UK via Royal Mail Service of England.

Course Information

  • Level-5 as per UK Qualifications Framework.
  • Open entry qualification.
  • Final Assessment: 100 MCQ Exams.
  • Pass Mark: 50%.
  • Self study and exam from anywhere in the world.
  • Online proctored exam.

Five easy steps to achieve the certificate

Easy steps

Our vision

"Transform career into profession."


Who will benefit?
  • College & undergraduate students
  • Graduates
  • Individuals seeking jobs
  • Professionals working in Islamic finance
  • Anyone wishing to pursue career in the Islamic Financial services sector
  • Anyone with a general interest in Islamic finance
What will you learn?

The qualification has the following two units:

  • Islamic Financial Risk Management
  • Takaful and Retakaful

Credits: 2 Units x 20 Credits = 40 Credits

Entry Requirements

This is an open entry qualification. That means this qualification is open to all individuals without any prior qualification. However, the centre should ensure that learner have a reasonable expectation of success of the qualification by assessing the relevant previous qualifications and/or related work experience.

How will you be assessed?

Learners are assessed via a range of assessment methods to ensure that all the learning outcomes and assessment criteria are met in a way that enhances their learning experience. The assessments will allow learners to demonstrate a clear grasp of the concepts and their ability to link theory to practice and to communicate clearly in the construction and engineering field at the appropriate level.


Although a variety of assessment methods may be used, the demands made on learners within and between centres must be comparable to ensure consistency of assessment. To achieve this qualification, all the learning outcomes are assessed by a combination of formative and summative assessments.


Assessment methods may include:

assignments | case studies | integrated work activities | group and individual presentations | projects | reports | time constrained tests | examinations | Viva Voce


All centre-marked assessments are subject to external verification to ensure that standards are maintained comparatively against internal and external benchmarks.

How and where can you study?

Edupro qualifications are completely centre-based. That means you need to register with a particular centre at your convenient location to complete the qualification.


On completion of this qualification, learner will have the opportunity for a wide range of academic progression including EP Level 6 Diploma in Islamic Financial Reporting and Analysis.

What does it cost?

Please contact your nearest centre to know about the fees for this qualification.

Recognition of prior learning (RPL)

If you have achieved any relevant qualification or professional experience, or credit through prior learning from other institution, you may be eligible to use this experience against some of the qualification-requirements for a period of study. You will need to present evidence that you have met the learning outcomes of the qualification.

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