Governance Pack

AAOIFI - CPAAGE Mock Exam Series

This series covers only the governance component, enabling targeted preparation, better concept clarity, and improved exam readiness. AAOIFI Governance Standards Mock Exam Series is a focused practice resource designed to help CPAAGE candidates strengthen their understanding of AAOIFI governance standards through exam-style questions. This series covers only the governance component, enabling targeted preparation, better concept clarity, and improved exam readiness.
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Important Note:

Preparing mock exams for a certification that has never been attempted before is a challenge, particularly when it comes to meeting diverse expectations. However, taking this initiative with the confidence to launch requires a strong foundation and a solid understanding of AAOIFI standards.

This is a continuous improvement process, and the content will be regularly enhanced based on feedback and evolving requirements.
This mock exam series currently includes only the AAOIFI Governance Standards component. Mock exams for Auditing Standards and Code of Ethics are under development and are expected to be available by 1st May 2026.

The price listed is limited-time. By purchasing now, you will receive all additional questions and updates added to this series at no extra cost.
Your feedback will play an important role in helping us review, refine, and improve the quality of these questions over time.

CPAAGE Syllabus 2025–26

Certificate of Proficiency in Audit, Assurance, Governance and Ethics
Total Hours: 30.00 | United Arab Emirates Time (GST/UTC+4)
PART A: SHARI'AH GOVERNANCE (60%)
Date Day Topic / Standard Duration Time (UAE)
7 Feb 2026 Sat GS 1: Shari'ah Governance Framework (revised 2024) 2.0 Hours 9:00 AM – 11:00 AM
14 Feb 2026 Sat GS 19: SSB Appointment & Composition
GS 8: Central Shari'ah Board
2.0 Hours 9:00 AM – 11:00 AM
21 Feb 2026 Sat GS 20: SSB Functions and Operations
GS 21: SSB Review and Report
2.0 Hours 9:00 AM – 11:00 AM
28 Feb 2026 Sat GS 9: Shari'ah Compliance Function
GS 10: Shari'ah Compliance and Fiduciary Ratings for IFIs
2.0 Hours 9:00 AM – 11:00 AM
7 Mar 2026 Sat GS 11: Internal Shari'ah Audit
GS 16: Institutional Framework for Ethics Implementation
2.0 Hours 9:00 AM – 11:00 AM
14 Mar 2026 Sat GS 12: Sukuk Governance 2.0 Hours 9:00 AM – 11:00 AM
28 Mar 2026 Sat GS 17: Shari'ah Compliance & Fiduciary Ratings of Sukuk/IFIs
GS 22: Islamic Finance Subsidiaries and Associates
2.0 Hours 9:00 AM – 11:00 AM
4 Apr 2026 Sat GS 13: Waqf Governance (incl. guidance note) 2.0 Hours 9:00 AM – 11:00 AM
5 Apr 2026 Sun GS 15: Syndicated Financing 2.0 Hours 9:00 AM – 11:00 AM
11 Apr 2026 Sat GS 14: Islamic Crowdfunding Governance 2.0 Hours 9:00 AM – 11:00 AM
12 Apr 2026 Sun GS 18: Shari'ah Decision-Making Process 2.0 Hours 9:00 AM – 11:00 AM
Part A Total Hours: 22.00
PART B: AUDITING STANDARDS FOR ISLAMIC FINANCIAL INSTITUTIONS (20%)
Date Day Topic / Standard Duration Time (UAE)
8 Feb 2026 Sun ASIFI (SOAA) 1: Objective and Principles of Auditing 1.0 Hour 9:00 AM – 10:00 AM
15 Feb 2026 Sun ASIFI (SOAA) 2: Auditor's Report 1.0 Hour 9:00 AM – 10:00 AM
22 Feb 2026 Sun ASIFI (SOAA) 3: Terms of Audit Engagement 1.0 Hour 9:00 AM – 10:00 AM
1 Mar 2026 Sun ASIFI (SOAA) 4: Testing for Compliance with Shari'ah Rules by External Auditor 1.0 Hour 9:00 AM – 10:00 AM
8 Mar 2026 Sun ASIFI (SOAA) 5: Auditor's Responsibility for Fraud and Error 1.0 Hour 9:00 AM – 10:00 AM
15 Mar 2026 Sun ASIFI (SOAA) 6: External Shari'ah Audit (Independent Assurance) 1.0 Hour 9:00 AM – 10:00 AM
Part B Total Hours: 6.00
PART C: AAOIFI CODE OF ETHICS (20%)
Date Day Topic / Standard Duration Time (UAE)
29 Mar 2026 Sun Code of Ethics: Code of Ethics for Islamic Finance Professionals 2.0 Hours 9:00 AM – 11:00 AM
Part C Total Hours: 2.00
GRAND TOTAL COURSE HOURS: 30.00