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IISI is a headache to manage, so I totally agree, memorizing those specific regulatory exceptions is the real way to ace the ICWIM case studies and avoid a massive fine.
But what happens in a hypothetical scenario where the specific condition listed in the exception is met, but the Shariah governance framework has evolved? Aren't we missing the adaptive capability required to answer those creative case studies by just memorizing static behavioral ticks? https://exams.academy/certifications/cisi-ifq/
Couldn't agree more. Honestly, I spent the last three hours drilling those specific exceptions because that is the only way to secure the marks.