Ethica Institute has helped Maisarah Islamic Banking staff overcome the “knowledge barrier,” say Maisarah senior management. Six months after signing

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Ethica Institute has helped Maisarah Islamic Banking staff overcome the “knowledge barrier,” say Maisarah senior management. Six months after signing onto Ethica’s online certification program, Oman’s Maisarah Islamic Banking Services increases the number of bankers trained online with Ethica Institute of Islamic Finance

Dubai, UAE, October 21, 2014

Starting with just 45 bank trainees 6 months ago, Maisarah Islamic Banking Services, the Islamic banking window of BankDhofar of Oman, is now increasing the number of bankers trained online with Ethica Institute’s 4-month Certified Islamic Finance Executive (CIFE) program. Ethica’s online CIFE is the same certificate held by professionals in 64 countries and over 160 financial institutions. Ethica’s program is also available with in-class Islamic finance training for banks that want a blended experience.

Feedback from senior management gave rousing praise to the program:

“We are very happy with Ethica’s 4 month program. The CIFE training and certification program started in May when the first batch comprising 45 candidates registered. The program provided an excellent opportunity for employees to grow professionally,” said Jamsheed Hamza, Head of Retail at Maisarah. “One of the major challenges any business faces — and especially in the Islamic finance sector — is finding knowledgeable staff. This course is helping Maisarah overcome that barrier. With staff equipped with knowledge on Islamic products, they are able to answer customer queries and guide them to the right product. This in turn helps the organization gain recognition in the market.”

The Group Leader and Head of Treasury, Yousuf Mohammed, praised the program’s structure, saying, “Ethica is really contributing to our staff’s Islamic finance expertise. With Ethica, we believe there is unlimited opportunity for learning and growth in Islamic finance. The way the course is structured helps learners absorb sessions in small portions. That also retains interest and motivation to continue learning.”

Training Manager, Dr.Hamid Al Marjan, confirmed that the bank would be upgrading their license with Ethica, saying, “Within 4 months of registering the first batch, another group of Maisarah employees are ready to be certified by Ethica. Their e-learning solution is very unique and suits us since employees can continue their studies without compromising on their professional career. Ethica provided us with the flexibility to train as many bankers as we need without compromising on the quality of training.”

Ethica’s Certified Islamic Finance Executive (CIFE) program is designed to take those new to Islamic finance to an advanced level of practical knowledge in 4 months or less. Globally, Ethica’s clients include several banking giants, most notably Mashreq Bank in Dubai, where 1,000 bankers were trained.


Important Links:

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About Ethica Institute of Islamic Finance


Ethica is trusted by more professionals for Islamic finance certification.

The Dubai-based institute has trained and certified professionals in over 160 financial institutions across 64 countries.

Ethica’s 4-month Certified Islamic Finance Executive™ (CIFE™) is a globally recognized certificate accredited by scholars to fully comply with AAOIFI, the world's leading Islamic finance standard. The award-winning CIFE™ is delivered 100% online or live at the bank.


Actual hand-framed CIFE certificate as couriered to Ethica graduates

Ethica recently won the award for "Best Islamic Finance Qualification" from Global Islamic Finance Awards in the UK; "Best Research and Education Company" from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE and Ruler of Dubai at the Global Islamic Economy Summit; and the "Education Leadership Award" at the Asian Leadership Awards.

For more information about this article, or to schedule an interview with Ethica Institute of Islamic Finance, please call +971-4-455-8690 or e-mail at

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