The Institute of Islamic Finance Professionals (IIFP) is dedicated to advancing knowledge, professionalism, and ethical practice in the global Islamic finance industry. Our programs are designed to equip members, regulators, and industry stakeholders with cutting-edge skills aligned with international standards (AAOIFI, IFSB, CIBAFI, INCEIF).
At IIFP, we believe many of the world’s economic challenges can be addressed by offering alternatives to interest-based financial operations. Unlike traditional institutions often led solely by academics and administrators, our foundation is rooted in the practical application of banking and finance. This real-world expertise translates directly into the effectiveness and relevance of our content.
We are also proud to be the world’s first dedicated Islamic finance portal, offering training videos, certifications, career counseling, and a comprehensive library of scholar-approved solutions.
Since 2014, IIFP has been shaping leaders who are transforming Africa’s financial landscape through Shariah-compliant solutions.
The vision for IIFP was first conceived in 2005. It gained momentum in 2012 when a group of young Muslim professionals met to explore how Islamic finance could offer a viable path to alleviating Nigeria’s economic challenges.
The Institute was formally incorporated as a company limited by guarantee on August 7, 2014, after securing letters of “no objection” from four key government bodies:
Federal Ministry of Education
Federal Ministry of Justice
Federal Ministry of Finance
Central Bank of Nigeria (CBN)
The initial promoters’ meeting was held on August 11, 2013, with attendees including:
Dr. Tajudeen Yusuf
Mr. Adebiyi Bashir
Mr. AbdulRasheed Babalola
Barrister Fatai OlaBakare
Mr. Sharafa Olanrewaju Monsuru
To become the leading Islamic finance institute in Africa, built on strong ethical values and integrity.
To pioneer and promote Islamic finance best practices in Nigeria and beyond through research, teaching, and professional membership activities.
IIFP Provide the best qualification in a world of increasing competition
Islamic Finance is not just about profit without interest, but about purpose with integrity where wealth becomes a trust and every transaction a testimony of faith. As Islamic finance professionals, we stand at the intersection of ethics and economics, proving that financial growth and moral responsibility can thrive together.
True success in Islamic finance is measured not only by balance sheets but by the balance it restores between people, prosperity, and divine accountability.
Founder & President/Chairman, Governing Council, IIFP
The Institute of Islamic Finance Professionals (IIFP) is a non-profit organization registered under the Companies and Allied Matters Act (2004).
Our structure ensures effective management and implementation of strategic plans.
The permanent structure comprises:
The General Assembly
The Governing Council
The Secretariat
The Technical Committee
(CON,FCA,FIFP)
(FIFP )
(HND, B.Sc, M.A., MBA, PhD, FIFP)
(FCA, FIFP)
(FAIMPA, FIFP)
Business (ACII,FIFP, FCILRM) Founder & President/Chairman, Governing Council, IIFPAdministration
(PhD, LLB, FIFP)
(MBA, ACA, FIFP Registrar/Secretary to Council )
(MNIFST, RIFPM, ASI, FIFP)
(BBA, MBA, PhD, FIFP)
ACA, FIFP (Registrar, IIFP)
MNIM, MANUPA , FIFP (Deputy Registrar, IIFP)
(FCCA, FIFP, ACTI, RA) Associate Lead, CPDs & Eventsoration
FIFP Associate Lead, Stakeholders Engagement
(Administrative Executive)
The IIFP Moral Code of Conduct applies to all members, regardless of role or location. By joining, members commit to upholding the integrity and reputation of the profession in both personal and professional life.
The Code emphasizes a path guided by the higher objectives (Maqasid al-Shari’ah), promoting a strong moral framework for all stakeholders.
Fairness in all dealings
Upholding what is right and ethical
Honesty and openness in all transactions
Responsibility for one’s actions
Promoting welfare and preventing harm
IIFP has built a strong reputation for academic excellence and innovative teaching. We collaborate with a wide range of organizations to provide members with the latest research, tools, and strategies.
We offer various partnership models:
Affiliate Program – Promote IIFP Certification Programs
Corporate Recruiters Program – Post job offers on our portal
Solutions Partner – Offer your products and services to our community