A professional certification held by advisers and auditors who provide
shari’ah governance, advisory and assurance for Islamic finance transactions and institutions (for example Islamic banking products, sukuk,
takaful and Islamic investment funds). Awarded by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), the Bahrain-based standard-setter, it is internationally recognised and is one of AAOIFI’s two flagship qualifications (alongside CIPA).
The CSAA syllabus focuses on AAOIFI Shari’ah Standards, Governance Standards and Shari’ah audit and review, applied across banking,
investments and takaful. In UK and Irish legal practice, “CSAA” is not defined in legislation or case law; it is a descriptive credential. While the FCA, PRA and the Central Bank of Ireland do not require it, counterparties, issuers and Shari’ah Supervisory Boards often reference CSAA in mandates, RFPs, engagement letters and diligence to evidence competence in Shari’ah compliance and audit.
Usage and understanding are broadly consistent across England & Wales, Scotland, Northern Ireland and Ireland. For lawyers, the designation is a practical indicator of familiarity with AAOIFI standards and Shari’ah audit processes when assessing governance frameworks, reviewing Shari’ah opinions, preparing offering documents, or advising on Islamic banking, sukuk, takaful and funds.