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Know about what is Islamic Finance in the CIMA

What is Islamic Finance in the CIMA

What is Islamic Finance in the CIMA

The Chartered Institute of Management Accountants (CIMA) is a UK based professional body offering training and qualification in management accountancy and related subjects. It is focused on accountants working in industry, and provides ongoing support and training for members.

CIMA is one of the professional associations for accountants in the UK and Ireland. Its particular emphasis is on developing the management accounting profession. CIMA is the largest management accounting body in the world with more than 227,000 members and students in 179 countries.[1] CIMA is also a member of the International Federation of Accountants.

What is Islamic Finance in the CIMA

Who is the diploma in Islamic finance for?

This qualification assumes little or no prior knowledge of Islamic finance. It is designed for:

  • People who wish to begin a career in Islamic finance.
  • People who are already working in Islamic finance, but need a recognised qualification.
  • People who have an interest in Islamic finance.
  • Companies who wish to develop their staff in the principles of Islamic finance to increase staff performance.

What will you gain?

Understanding of Shari’ah compliance and the requirements and regulations which form the foundation of Islamic finance.

  • Understanding of the Arabic terminology used in Islamic finance.
  • The ability to progress onto the CIMA advanced diploma in Islamic finance.

What is Islamic Finance in the CIMA

Costs

The CIMA diploma costs GBP990 and includes the following:

  • Comprehensive study guides for each of the certificates.
  • Two exam attempts at the final assessment.
  • Online support materials.
  • Contact centre staff to answer any of your queries

What is Islamic Finance in the CIMA

There are four easy steps to becoming a CIMA Diploma in Islamic finance student:

1. Enter your personal details
2. Create your own password and security details
3. Pay your fees online
4. Receive your confirmation and login details

What is Islamic Finance in the CIMA

  • What is Islamic Finance?

Islamic banking is seen as an alternative to traditional finance and a growing sector of the global finance market which is bringing new opportunities. With the Islamic banking market valued at over USD1.66 trillion, combined with the estimated growth rate of up to 20% year on year, the need for human capital to bring Islamic finance to the level at which it deserves and meet its markets demands is higher than ever. Islamic finance, with its emphasis on ethical finance, is suitable for both Muslims and non Muslims.

  • Why CIMA Islamic Finance Qualifications?

A career in Islamic finance requires unique management skills and knowledge. The CIMA Islamic Finance Qualifications will give you a thorough understanding of the principles that underpin this Islamic finance. Our Islamic finance qualifications have won awards to recognise their world-leading status in the industry including ‘Best training institution’ at the 2015 Islamic Business & Finance Awards.

  • Which qualification is right for you?

CIMA’s Islamic Finance Qualifications structure reflects the evolving requirements in business. The qualification comprises of the Certificate in Islamic Finance, Diploma in Islamic Finance and Advanced Diploma in Islamic Finance. Take a short test to find out which qualification is right for you. Whether you are completely new to this area of finance or have prior experience, uncover all the possibilities with the CIMA Islamic Finance Qualifications.

What is Islamic Finance in the CIMA

Islamic banking is seen as an alternative to traditional finance.

With the Islamic banking market valued at over USD1.1 trillion, combined with the estimated growth rate of up to 20% year on year, the need for human capital to bring Islamic finance to the level at which it deserves and meet its markets demands is higher than ever. At least 50,000 professionals are needed within the industry over the next seven years.

Ethical finance

Islamic finance, with its emphasis on ethical finance, is suitable for both Muslims and non Muslims.

A career in Islamic finance requires unique management skills and knowledge. Professionals in this field must ensure that all financial activities are carried out in accordance with Shari’ah principles, and the standards, guidelines and best practices established by governing bodies.

Our award-winning qualifications

To help fuel growth in Islamic finance, and to help the industry meet its shortage of qualified professionals, CIMA’s Islamic finance qualifications are designed to appeal to both those who are completely new to this area of finance, and those who are fully experienced and are keen to develop their expertise to a higher level.

What is Islamic Finance in the CIMA

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What is Islamic Finance in the CIMA

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