DUBAI, UAE, April 21, 2016 /PRNewswire/ --
- Ethica Institute of Islamic Finance in Dubai launches the ACIFE in Financial Analysis and the ACIFE in Takaful
"Comparing An AAOIFI-Compliant Sukuk With A Non AAOIFI- Compliant Sukuk"; "How To Structure Mudarabah Deposit Accounts"; "Profit Calculation Framework For Deposit Products"
Not your average Islamic finance training topics. And certainly not ones weighed down by theory. Ethica Institute of Islamic Finance, the global leader in Islamic finance training and certification, prepares to launch two major advanced certificates to its offering: the Advanced Certified Islamic Finance Executive (ACIFE) in Financial Analysis and the ACIFE in Takaful.
The 4-month, 100% online ACIFEs are AAOIFI-compliant and cover the most commonly practiced calculations and Takaful (Islamic insurance) structures used in actual Islamic banks. AAOIFI is the Accounting and Auditing Organization for Islamic Financial Institutions, the leading standard-setting body in the Islamic finance industry.
"Many countries are now approving Islamic banking licenses. Ethica wanted to respond to the industry's need for a training and certification program that could quickly bring bankers up to speed on more advanced Shariah-compliant practices," said Ethica's spokesperson. The ACIFE in Financial Analysis launches this month and the ACIFE in Takaful launches later in the year.
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SOURCE Ethica Institute of Islamic Finance