RegAlertRule · PMA · 1 Jan 2022
Palestine Monetary Authority Circular No. 252 on Specialized Professional Certifications
The Palestine Monetary Authority issued Circular No. 252/2022 to formally approve the Certified Islamic Professional Accountant (CIPA) credential issued by AAOIFI for Islamic banks operating in Palestine. This directive requires financial institutions to integrate the new certification into their senior management qualification frameworks and adhere to the updated roster of approved credentials for key regulatory roles. The accompanying appendix details all recognized professional certifications, mapping each issuing body and qualification to specific senior official positions across compliance, risk, audit, treasury, and Sharia supervision functions.
PALESTINE MONETARY AUTHORITY
Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 محافظة رام الله والبيرة - فلسطين info@pma.ps | Fax: +970 2 2415310 | Tel: +970 2 2415251 هاتف: Gaza - Palestine P.O. Box 4026 غزة - فلسطين Fax: +970 8 284487 | Tel: +970 8 2825712 هاتف: www.pma.ps
| :--- | :--- | :--- |
|---|---|---|
| Association Of Certified Anti-Money Laundering Specialists (ACAMS) | Certified Anti-Money Laundering Specialist (CAMS) | مكافحة غسل الأموال وتمويل الإرهاب |
| International Compliance Association | Diploma in Anti-Money Laundering, Advanced Certificate in Compliance and Financial Crime | مراقبة الامتثال |
| Global Academy Of Finance And Management | Certified Anti-Money Laundering Consultants (CAMC) | |
| Global Association Of Risk Professionals (GARP) | Financial Risk Manager (FRM) | |
| Institute of Risk Management (IRM) | Professional Risk Manager (PRM), International Diploma in enterprise risk management | |
| INTERFIMA | International certificate in financial services risk management, Certified Risk Specialist (CRS) | إدارة المخاطر |
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| :--- | :--- | :--- |
|---|---|---|
| The Institute of Internal Auditors (IAA) | Certified Internal Auditor (CIA), Certified Financial Services Auditor (CFSA) | التدقيق الداخلي |
| International Compliance Association | International Diploma in Compliance, International Advanced Certificate in Compliance and Financial Crime | مراقبة الامتثال |
| INTERFIMA | Certified Compliance Specialist | |
| CFA Institute | Chartered Financial Analyst (CFA) | |
| Chartered Institute for Securities and Investment | Certificate in Securities and Financial Derivatives, Certificate in Investment Management | الخزينة والاستثمار / رقابة الخزينة |
| ACIFMA | ACI Diploma, ACI Dealings | |
| CFA Institute | Chartered Financial Analyst (CFA) | |
| Institute Of Certified Public Accountants | Certified Public Accountant (CPA) | المالية / الرقابة المالية |
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| :--- | :--- | :--- |
|---|---|---|
| CFP Board | Certified Financial Planner (CFP) | |
| IMA | Certified Management Accountant (CMA) | |
| CIMA | Certificate in Business Accounting | |
| Accounting and Auditing Organization for Islamic Financial Institution (AAOIFI) | Certified Islamic Professional Accountant (CIPA) | |
| Accounting and Auditing Organization for Islamic Financial Institution (AAOIFI) | Certified Sharia Advisor and Auditor (CSAA) | الرقابة الشرعية والتدقيق الشرعي |
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Source: Palestine Monetary Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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