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CIMA has launched its new advanced diploma in Islamic finance, following the launch of CIMA’s certificate in Islamic finance four years ago, which has recently been renamed the CIMA diploma in Islamic finance.
John Willsdon, a leadership and development specialist at CIMA, said, “Islamic finance is becoming much more prominent throughout the financial institutions of the world, rapidly growing from a niche industry to a mainstay of finance. CIMA’s qualifications in Islamic finance have been developed with this switch in mind, and to help meet a global shortfall of skilled Islamic finance professionals.
“ur qualification offers international recognition by the industry, as an alternative to the regional qualifications available in isolated geographies. We see the Islamic finance market as particularly important, with its current global value estimated at more than $1.1 trillion, and our aim is to provide appropriately trained human capital to sustain the industry’s continued growth.
“CIMA’s progressive approach to Islamic finance, offering qualifications tailored to the evolving needs of the market, will benefit many professionals. This includes those working in the financial services sector who would like to be part of this dynamic industry, those already working in Islamic finance who want to hone their skills and broaden their knowledge, and those in the accounting profession who advise on Islamic issues.”
Dr. Mohd Daud Bakar, President and CEO of the International Institute of Islamic Finance (IIIF) and Amanie Business Solutions, who also has acted as a consultant on CIMA’s advanced diploma, said, “Islamic finance plays a vital role in the modern business world, and it is important that there are global qualifications available to professionals in both the principal and developing Islamic finance hubs.
“It is estimated that thousands of professionals will need to join the industry globally over the next five to seven years if its impressive growth is to be sustained, and CIMA has developed a truly global product to help facilitate this expansion.”
