Why Islamic finance?

Islamic banking is seen as an alternative to traditional finance.

With the Islamic banking market valued at over USD1.1 trillion, combined with the estimated growth rate of up to 20% year on year, the need for human capital to bring Islamic finance to the level at which it deserves and meet its markets demands is higher than ever. At least 50,000 professionals are needed within the industry over the next seven years. 

However, there is a global shortage of people with expertise in the complexities of all areas of Islamic finance.

‘There is a real global shortage of people with
demonstrable expertise in the complexities of Islamic finance’
Dr Mohd Daud Bakar, renowned Syariah expert, and president
and CEO of the International Institute of Islamic Finance

Islamic finance, with its emphasis on ethical finance, is suitable for both Muslims and non Muslims.

A career in Islamic finance requires unique management skills and knowledge. Professionals in this field must ensure that all financial activities are carried out in accordance with Shari'ah principles, and the standards, guidelines and best practices established by governing bodies.

To help fuel growth in Islamic finance, and to help the industry meet its shortage of qualified professionals, CIMA has revised its Islamic finance qualifications. Designed to appeal to those who are completely new to this area of finance to those who are fully experienced and are keen to develop their expertise to a higher level, there is an Islamic finance qualification to suit you.

Our education experts have worked closely with the International Institute of Islamic finance to develop a qualification that will help drive the world's Islamic finance institutions.