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UAE: CIMA nominated for Islamic finance award


The Chartered Institute of Management Accounting (CIMA) has been nominated for the ‘Best Islamic Finance Provider 2013’ in the Global Islamic Finance Awards.

The GIFA will take place as part of the fifth World Islamic Retail Banking Conference, which began today (November 26) in Dubai.

After the introduction of the first professional Islamic finance course in 2008, a growing majority of students in the Gulf are opting for CIMA, said a statement.

Islamic Finance is acquiring prominence throughout the financial institutions of the world, rapidly growing from a niche industry to a mainstay of finance, it said.

To provide skilled human capital to sustain the industry’s continued growth, CIMA has industry-leading Sharia’ah compliant global finance courses that will appeal to students interested in charting a career in the field of Islamic finance.

Geetu Ahuja, head of GCC, CIMA, said: “The Global Islamic Finance market is valued at over $1.1 trillion, combined with the estimated growth rate of up to 20 per cent year-on-year. An estimated 50,000 professionals are needed within the industry over the next seven years.”

“CIMA’s Diploma in Islamic Finance offers students, globally recognised Certificate in Islamic Commercial Law, Certificate in Islamic Banking and Takaful, Certificate in Islamic Capital Markets and Instruments, and Certificate in Accounting for Islamic Financial Institutions,” she said.

“Our Islamic Finance courses are now available for a special discount of 25 per cent on early registration in across the GCC.”

TradeArabia News Service

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