IslamicAdvisory.com Launches First Online Islamic Finance Certificate

Published October 27th, 2009 - 08:42 GMT

IslamicAdvisory.com, the world's only Islamic finance training portal, launches the first accredited Islamic finance training certificate available 100% online, with exams starting this month for the CIFE(TM), or Certified Islamic Finance Executive(TM). Recently nominated "Best Islamic Finance Training Institution" by Islamic Business and Finance Awards, IslamicAdvisory.com rigorously tests and approves its training and certification with a team of leading scholars and bankers.

The CIFE(TM)'s launch is regarded as a landmark event by industry insiders. Afaq Khan, CEO at Standard Chartered's Saadiq, said, "This is a timely and much needed development in the industry. Qualified human capital is the most critical need for the industry to maintain its growth trajectory across geographies. Such solutions will go a long way in providing systematic tools for practitioners."

IslamicAdvisory's MD Atif Khan said, "We believe that IslamicAdvisory's CIFE(TM) is a long overdue step in promoting Islamic finance excellence across the globe, not just in the major financial centres. For the first time ever, Islamic finance training is free of expensive, faraway conferences, CDs-by-mail, and outdated workbooks. We deliver standardized, streamable content 24 hours a day to any Internet connection in the world."

Membership at the site has been booming since the portal's launch. With over 5 new individuals signing up every single day for several months now, the banks are taking notice too. Several Islamic banks have already lined up for corporate licenses to certify their bankers and now academic institutions are looking to certify their students as well. Professor Hejazi at the University of Toronto's Rotman Business School discussed using IslamicAdvisory's training as part of a new set of courses: "I have reviewed these online sessions and I am very impressed with what I see. They provide a solid foundation that is fundamental to fully understanding Islamic finance."


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