Islamic Finance Qualifications
All qualifications listed in this section are awarded by the Association of Business Executives (ABE) and are regulated by Ofqual. Centres wishing to run these programmes should complete the Application form for more information.
The Level 5 Certificate in the Concepts of Islamic Finance and Banking and the Level 7 Certificate in the Essentials of Islamic Finance and Banking both cover the foundation principles of finance and banking in this context, with “Essentials” qualification looking for more detailed understanding from the candidate. This level 7 “essentials” qualification is also an optional component in the ABP Postgraduate Diplomas in International Finance Management.
The Level 6 Diploma in Applied Islamic Finance and Banking comprises of one of the foundation modules plus a unique module considering the application of this strand of financial services.
Learning Outcomes
The learning outcomes for each unit of the Islamic Finance Qualifications
For Centres
For non-accredited ABP centres: If you wish to get further information on how to offer these qualifications please submit the Accreditation Application Form.
For current ABP centres: If you already run ABP courses and wish to offer additional qualifications please complete the ABP Additional Qualification Form.
Ofqual QCF Recognition for the Qualification
What does Ofqual QCF recognition mean to you?
Level 7 Certificate in the Essentials of Islamic Finance and Banking (Postgraduate)
This qualification appears on the Ofqual Register of Regulated Qualifications as the ABE Level 7 Certificate in the Essentials of Islamic Finance and Banking (QCF): 600/3459/2.
Structure
Level 6 Diploma in Applied Islamic Finance and Banking (Graduate)
This qualification appears on the Ofqual Register of Regulated Qualifications as the ABE Level 6 Diploma in Applied Islamic Finance and Banking (QCF): 600/3456/7
Structure
- Applied Islamic Finance and Banking
- Essentials of Islamic Finance and Banking OR Concepts of Islamic Finance and Banking
Level 5 Certificate in the Concepts of Islamic Finance and Banking (Advanced Professional)
This qualification appears on the Ofqual Register of Regulated Qualifications as the ABE Level 5 Certificate in the Concepts of Islamic Finance and Banking (QCF) : 600/3457/9
Structure
Entry requirement
ABP does not specify the entry requirements of our qualifications but has confidence in centres to recruit students that have the potential to achieve the standards required of the qualification. We expect all centres to recruit with integrity and consistency to ensure fairness of access & ability to all students.
Students do not need to progress sequentially through the levels. Therefore a candidate who has achieved a level 5 qualification may be able to achieve the academic rigour and complexity, required of PG Dips accessed through ABP.
ABP does not specify that candidates must have an English Language qualification equivalent to IELTS 6.0-6.5. However many UK universities will require applications for their Masters and MBAs to have achieved an English language qualification at this level prior to commencing the Masters/MBA. Therefore, we would encourage all candidates wishing to progress to a UK university to be working towards an English language qualification equivalent to IELTS 6.0-6.5.
Next Steps
For non-accredited ABP centres: If you wish to get further information on how to offer these qualifications please submit the Accreditation Application Form.
For current ABP centres: If you already run ABP courses and wish to additional qualifications please complete the ABP Additional Qualification Form.



