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Exam Number : CIMAPRO19-E01-1-ENG
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CIMA introduces superior Diploma in Islamic Finance in UAE | Killexams.com ResourcesThe Chartered Institute of management Accountants (CIMA) introduced the launch of its advanced Diploma in Islamic Finance for finance and banking professionals in the UAE. The CIMA advanced Diploma in Islamic Finance (CADIF) is the primary qualification of its variety to be offered by means of an international professional accountancy body, and marks a major step ahead for the Islamic finance industry, which has its roots within the middle East. The trade is growing rapidly nowadays, with the field’s global value estimated to be between $850billion and $1trillion, and an dazzling annual growth rate of 15-20 percent. at the same time as the trade continues to show skills and thrive in the present economic state of affairs, it is important to word that there simply aren’t satisfactory certified professionals. The Islamic economic features Board estimates that over the next few years about 50,000 authorities may be mandatory globally. setting up a world skill pool that can deal with ongoing demand continues to be a problem, and a scarcity within the supply of internationally qualified Islamic finance practitioners is already holding the business lower back. Commenting on CIMA’s decision to expand its portfolio of Islamic finance qualifications, Geetu Ahuja, CIMA regional manager, core East, noted, “Islamic finance is becoming a whole lot more prominent globally, growing to be from a gap business to a mainstay of finance. To in fact stand out from the crowd, the UAE must have a core aggressive competencies and the key to here's investment in human capital. CIMA’s skills in Islamic finance have been developed with this in mind, and support meet a world shortfall of knowledgeable Islamic finance authorities.” The six month CADIF path covers five keys areas in Islamic Finance, specifically: Shari’ah contracts, structuring manner and financial ambiance Islamic banking system and items fairness, Sukuk and glued salary gadgets Takaful and Retakaful fashions and policies Islamic chance-administration tools and techniques |
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