Ethica Institute's Graduates Get a Shot at Learning Islamic Finance Inside a Bank

Dubai’s Ethica Institute of Islamic Finance collaborates with Maisarah Islamic Banking Services in Oman to give Ethica’s CIFE graduates an opportunity to understand the functioning of an Islamic bank from inside the bank.

Dubai, UAE, March 12, 2015

To help introduce graduates to the real world of Islamic banking, Ethica Institute of Islamic Finance in Dubai today announced that it is collaborating with Maisarah Islamic Banking Services, the Islamic banking window of BankDhofar in Oman, to offer an opportunity to experience Islamic banking inside a bank.

As part of Ethica’s annual competition, the practicum is awarded to the highest scorer of Ethica’s Certified Islamic Finance Executive (CIFE) program. The seven day program rotates the intern through various Islamic banking departments. The winner also gets full airfare and a holiday in Dubai along with career coaching and meetings with scholars, bankers, and leading experts at Ethica’s offices in Dubai. The winner’s all-expenses paid holiday in Dubai includes dhow cruises, museum visits, sightseeing tours, and a visit to the observation deck of the Burj Khalifa.

Jamsheed Hamza, Head of Retail at Maisarah Islamic Banking Services, said, “Maisarah has been at the forefront of Islamic banking excellence through training. It is true that many in various countries do not get an opportunity to understand Islamic banking. Either because there is no Islamic banking in their country or opportunities are limited. As part of the continuous effort that Maisarah is doing to create Islamic banking awareness, we are extremely happy that we are partnering with leading institutes to expand this scope.”

Nasser Al Bahantah, DGM and Head of HR, added, “Human resource is the most important capital of any organization. The opportunity to experience any skill at work helps the staff member to perfect that talent. Maisarah supports this initiative because we take every opportunity to cultivate a culture of excellence among all our staff.”

Ethica’s spokesperson applauded the opportunity, saying “We are excited about the partnership with Maisarah, the leading Islamic window in Oman. Maisarah’s recognition of Ethica gives an opportunity to CIFE graduates to reinforce their learning with practical experience.” Ethica has certified professionals in over 160 financial institutions across 64 countries with its 4-month Certified Islamic Finance Executive (CIFE), a globally recognized certificate accredited by scholars to fully comply with AAOIFI, the world's leading Islamic finance standard. The award-winning CIFE is delivered 100% online or live at the bank and has trained thousands of professionals at major banks around the world.


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