What Does It Take to Become an Islamic Banker?
The UK Islamic Finance Secretariat (UKIFS) estimates that Islamic finance assets worldwide will have topped $2 trillion by 2014 — with UK and Dubai as the leading hubs.
What does this mean for you? If you are a banker, accountant, insurance expert, lawyer, consultant or a banking software developer — you need to get ahead of the curve.
In order to operate within the Islamic finance market, one must first understand how the core products work: Musharakah, Mudarabah, Murabaha, Ijarah, Salam, Istisna, and Sukuk. Understanding Risk Management and Liquidity Management also helps.
Ethica’s 4-month Certified Islamic Finance Executive™ (CIFE™) program is designed to cover all of these topics. Moreover, Ethica takes a special interest in ensuring that its students understand the practical underpinnings of each product. Essentially, how the products work in the Islamic finance market.