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Ethica Institute Completes Training for 175 Bankers at Major Abu Dhabi Bank

Ethica Institute Completes Training for 175 Bankers at Major Abu Dhabi Bank

Abu Dhabi, United Arab Emirates, April 2, 2019

Ethica Institute of Islamic Finance announced today that an undisclosed Abu Dhabi bank hired the institute to train teams in Ethica's 4-month online Certified Islamic Finance Executive (CIFE) program. Since many of the bankers came from a conventional background, Ethica’s e-learning helped them understand the practical aspects of Islamic finance.

"E-learning is the most effective way to train large groups of bankers. It is now commonplace in conventional banking and it is fast gaining acceptance among Islamic banks. Besides the delivery itself, in terms of training content we wanted to ensure that former conventional bankers could easily transition into Islamic banking both in spirit and law," said Ethica’s spokesperson.

Ethica’s Certified Islamic Finance Executive (CIFE) program is designed to take those new to Islamic finance to an advanced level of practical knowledge in 4 months or less. Previously, the CIFE has been delivered as a university semester, a year-long bank wide program, and as the standard 4 month accelerated program. Ethica’s clients include several global banking giants, most notably Mashreq bank in Dubai, where 1,000 bankers were trained. The award-winning CIFE program is now trusted by more professionals, with students from over 160 financial institutions in 65 countries around the world certified under the program.

 

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