CSA-Certified Shariah Auditor Pumflet

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NIBAF is offering a Six-days (36 hours) cer�ficate course in Shari'ah Audit – Cer�-
fied Shari’ah Auditor (CSA). This is a unique course offered on the subject which
will equip the par�cipants with concepts of Audit & Shari’ah Audit, AAOIFF’s
Audi�ng Standards, Shari'ah Governance Framework as well as audit of deposits
/ financing related branches as well as support func�ons such as CAD, Credit
Opera�ons etc. Course will also shed light on Shari'ah Audit of Treasury and
Pool Management func�ons as well as impart knowledge about audit of various
modes of Islamic finance.

Starts on MAY 9, 2023 Two Hours Session From 7:30pm-10:30pm

 Internal/ External Shari'ah Auditors


 Accountants and Auditors
 Shariah Compliance / Review Officers
 Shari'ah Advisors & Scholars, Islamic finance prac��oners
 Students aspiring for an accoun�ng/audit career in Islamic banks

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Session Date Day Topic
Key Concepts of Audit & Terminology including
May. 09 Tuesday
Objec�vity; Independence; Due Professional Care
AAOIFI's Audi�ng Standard ;
May. 11 Thursday
GSIFI – 11 : Internal Shariah Audit ;
Developing Objec�ves; Formula�ng Scope of Audit;
May. 16 Tuesday Preliminary Risk Assessments; Terms of an Audit
Engagement
Types of Audit; Internal Shariah Auditor’s Report & its
May. 18 Thursday basic Elements ; Expecta�ons from Internal Shariah
Auditors
Code of Ethics for Internal Auditors: (a)- by -Ins�tute of
May. 23 Tuesday Internal Auditor's Interna�onal Professional Prac�ces
Framework (IPPF) ; and (b)- by AAOIFI
Due Professional Care in Internal Audi�ng; Developing a
May. 25 Thursday Quality Assurance and Improvement Program a�er an
Internal Shariah Audit Ac�vity
SBP Shari'ah Governance Framework ; SECP - Shari'ah
May. 30 Tuesday Governance Regula�ons – 2018; Internal Shariah Audit
Repor�ng Line under SBP's SGF
Start of Audit Assignment : Informa�on Gathering;
June. 01 Thursday Establishing Audit Criteria ; Se�ng Context; Opening
Mee�ng
How to develop a Risk based Annual Plan
June. 06 Tuesday
How to develop an Engagement Plan
Waterfall Process for Internal Shariah Audit engagement
June. 08 Thursday
(end-to end); Developing an escala�on matrix
Checklist and Audit procedures for Murabaha / Ijarah /
June. 13 Tuesday
Salam / Is�sna/ Musharka
June. 15 Thursday Pool Management – Audit Checklist and procedures
June. 20 Tuesday Treasury Products – Audit Checklist and procedures
Developing Observa�on Ra�ng Scale ; Developing
June. 22 Thursday
Shariah Audit Report Ra�ng Scale - Audit En�ty level
External Shariah Audit ; Scheduling Exit Mee�ng;
June. 27 Tuesday Formula�ng Recommenda�ons; Communica�on of
Results
Monitoring and Follow Up of Audit Issues;
June. 29 Thursday BAC and ISSC Repor�ng/ presenta�ons/ Escala�on
matrix
Final Exam

Mr. Ahmed Waseem Mr. Manzoor Ahmad


Sr. Joint Director, NIBAF Joint Director, NIBAF
Contact Persons Phone : +92-51-9269842 Phone : +92-51-9269850-58 Ext: 3544
Email: Ahmed.Waseem@sbp.org.pk Email: Manzoor.Ahmad@sbp.org.pk

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