UAE Bank Hires Ethica for Islamic Finance Training Ethica helps launch Islamic banking operations at one of the UAE’s largest banks Dubai, United Ar

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UAE Bank Hires Ethica for Islamic Finance Training

Ethica helps launch Islamic banking operations at one of the UAE’s largest banks

Dubai, United Arab Emirates, Jan 28, 2014

Ethica Institute of Islamic Finance announced today that an undisclosed UAE bank hired the institute to train teams ahead of the launch of their Islamic banking operations. The bank’s employees enrolled in Ethica’s 4-month online Certified Islamic Finance Executive (CIFE) program in preparation for the launch. Since many of the bankers came from a conventional background, Ethica’s e-learning helped them understand the practical aspects of Islamic finance.

“E-learning is the most effective way to train large groups of bankers. It is now commonplace in conventional banking and it is fast gaining acceptance among Islamic banks. Besides the delivery itself, in terms of training content we wanted to ensure that former conventional bankers could easily transition into Islamic banking both in spirit and law,” said Ethica’s spokesperson.

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. Previously, the CIFE has been delivered as a university semester, a year-long bank wide program, and as the standard 4 month accelerated program. Ethica’s clients include several global banking giants, most notably Mashreq bank in Dubai, where 1,000 bankers were trained. The award-winning CIFE program is now trusted by more professionals, with students from over 100 financial institutions in 62 countries around the world certified under the program.

Just two months ago Ethica received the UAE’s top honor among educational institutes when His Highness Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE and Ruler of Dubai, personally awarded the institute “Best Research and Education Company.” With over two dozen large banks in the UAE of which many are full-fledged Islamic banks, it remains to be seen how quickly financial institutions take up e-learning for their training needs.

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Important Links:


Download Ethica’s Handbook of Islamic Finance: 700 Pages of Practical, Usable Knowledge
Get your FREE 7 day Islamic banking course
Watch a webinar on how to get your next job in Islamic finance
Play an Ethica training video
Listen to what CIFE™ graduates are saying
Search the largest database of Islamic finance Q&As
Ask a qualified scholar an Islamic finance question

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About Ethica Institute of Islamic Finance
(www.EthicaInstitute.com)

GIESTrophyEthica(S)

Ethica is trusted by more professionals for Islamic finance certification.

The Dubai-based institute has trained and certified professionals in over 100 financial institutions across 62 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.

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 info@ethicainstitute.com.

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