International Institute of Islamic Finance, Inc.

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CIMA launches global qualification in Islamic finance

PETALING JAYA: The Chartered Institute of Management Accountants (CIMA) becomes the first chartered accountancy body to launch a global qualification for Islamic finance. According to CIMA’s director of education Robert Jelly, the qualification is co-developed with the International Institute of Islamic Finance (IIIF) in order to address the needs of employers in the fast-growing Islamic finance industry.

KFH seeking licences in Australia, Singapore

KUALA LUMPUR: Kuwait Finance House (M) Bhd (KFH) is applying for a licence to manage Islamic financial services in Australia as well as fund management activities in Singapore as it seeks to expand market share.

Country head of commercial, retail and consumer banking Ab Jabar Ab Rahman said KFH hoped to tap into the rising affluence and cash in on the lack of players providing Islamic financial planning services.

CIMA first chartered accountancy body with Islamic Finance global qualification

CIMA (the Chartered Institute of Management Accountants) is the first chartered accountancy body to offer a global qualification in Islamic Finance, which the CIMA Centre of Excellence is launching today (5 December).he Islamic finance industry is thought to be worth between £150bn and £250bn, and is growing at an estimated rate of 15 to 20%. In an exciting new development in meeting the needs of its employer and student stakeholders, CIMA today launches a global qualification in Islamic Finance.

We believe that this is a first for a chartered accountancy body. To date, few courses are available in this area of finance and normally comprise short one- to three- day events. CIMA's self-study qualification has been developed alongside the International Institute of Islamic Finance, with detailed input from its CEO Dr Mohd Daud Bakar, a renowned Shari'ah scholar.