CIFCA-Centre for Islamic Finance, Compliance and Advice, is a not-for profit non-govermental organization professional body formed and registered in year 2010.
Among its objectives is to foster Islamic Banking and Finance in Tanzania and help stakeholders in this industry to practice Shari’ah compliant Banking and finance.
In so doing, CIFCA Advices various institutions offering Islamic Banking and Finance in the country about the best practices as well as offering them Shari’ah Advisors for their Shari’ah Boards.
To achieve this, CIFCA have liaison with the government supervisory and regulatory bodies, institutions offering Islamic Banking and Finance, academic institutions and the media.
CIFCA conducts trainings, seminars, online forums and media programs in order to raise public awareness and create institutional culture for Islamic Banking and Finance in Tanzania.
CIFCA has several directorates to manages it’s responsibility: –
- Consultancy and Advisory
What We Offer
We are committed to providing the best and quality and speedy Shari’ah advisory services to each and every one of our customers and partners.
Over the last 10 years, since our start, we’ve continued to grow while staying true to our original mission — to give you the best Islamic financial training, advisory and literacy services that you can rely on.
Currently CIFCA Chairperson is Mr. Aref Nahdi, it’s CEO is Dr. Abdulrahman Nkoba and Secretary General is Mr. Salum Lupande.
CIFCA co-operates with international bodies such a Accounting and Auditing Organization of Islamic Financial Institutions, Islamic Financial Services Board, ALHUDA-CIBE and other stakeholders in order to make Islamic Banking and Finance in Tanzania and indeed East Africa at par with international standards.
This directory deals with all training needs for CIFCA members to make sure that Islamic banking and finance knowledge, Shari’ah compliance and governance is done according to internationally norms and practices
Research is a pillar of any financial institution and CIFCA accords a due attention to cater for various stakeholders needs for research on Islamic banking and finance and for its own needs as well.
various consultations and advisory works are done to serve the industry stakeholders needs. We offer Shari’ah advisory works to institutions-both private and governmental- on all matters concerning Islamic banking and finance
In order to raise public awareness on Islamic banking and finance, CIFCA pays great attention to propagate Islamic banking and finance knowledge to the public, academic institutions and other stakeholders
Here are some of our institutional values:
There comes a time when every expanding business requires the help of a consulting firm to minimize growing pains. We build organic relationships with all of our clients to ensure custom solutions are met without sacrificing the personality of their businesses.
Our amazing team IS READY TO provide real results for you