Nurturing expertise in Islamic finance

THE Chartered Institute of Management Accountants (CIMA) has entered into a partnership with HSBC Amanah on CIMA’s certificate in Islamic finance.

The certificate will be available to staff currently working within the Islamic financial services industry who seek accreditation and further qualifications in this field, as well as newcomers seeking to enter this sector.

It is designed to give professionals two significant market advantages – the professional recognition of a CIMA qualification and demonstrable expertise in the complex, fast-growing world of Islamic finance.

“We are very pleased to enter into this partnership with HSBC Amanah,” said CIMA's chief executive, Charles Tilley.

TILLEY: We are very pleased to enter into this partnership.
“This collaboration shows how important Islamic Finance is to the international banking community and finance professionals throughout the world.

“It demonstrates how organisations are increasingly aware that this area of finance requires specialist knowledge.

“We look forward to working with HSBC Amanah in the training and development of their growing talent pool,” Tilley added.

“Raising the standards of the Islamic finance industry entails more investment in education and advanced research and development,” said HSBC Amanah's global head Nabeel Shoaib.

“This is an area of paramount importance for us. Our partnership with CIMA is an illustration of our commitment to addressing the challenge of developing and retaining human assets, which remains a pressing issue for the Islamic finance industry globally,” he added.

“We will continue to set the pace for the industry through innovation and best practice.”