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Ethica Launches Master Class Series to Teach AAOIFI's Islamic Finance Standards

Ethica Institute of Islamic Finance in Dubai, the certification and career advancement institute, announces the launch of an online master class series to teach AAOIFI's Islamic finance standards. The series is limited to only 30 seats.

DUBAI, UAE, August 18, 2013

Ethica Institute of Islamic Finance in Dubai, the certification and career advancement institute, announces the launch of a new online master class series to teach AAOIFI's Islamic finance standards. The highly exclusive launch is limited to only 30 seats. AAOIFI is the Accounting and Auditing Organization for Islamic Financial Institutions and the de facto standard in 90% of the world's Islamic finance jurisdictions.

Ethica's spokesperson said, "Professionals want practical knowledge, not theory. Learning AAOIFI standards from a practitioner who has years of experience of actually working inside an Islamic financial institution gives one an immense advantage over untrained and uncertified peers. Competition for the fewer jobs available in the current Islamic finance market means that we are seeing more professionals turn to institutes for practical knowledge, certification, and career advancement. The master classes covering AAOIFI's standards are designed for professionals who want to transform their careers and change the industry. There are enough academics covering theory, and many institutes and consultants who deliver material that is not standardized. The purpose of these master classes is to bring practical, standardized training to serious professionals."

The Dubai-based institute's clients include large institutions like Mashreq Bank which trained 1,000 employees using Ethica, Abu Dhabi Islamic Bank, and La Trobe University. Ethica's online CIFE, or Certified Islamic Finance Executive, program covers the core Islamic finance products in less than 4 months while the Ethica master class series on AAOIFI is an ongoing program which goes into greater detail for those who want to go beyond the basics.

The online classes are delivered by a scholar or practitioner who has years of experience of actually working on Islamic financial transactions, giving students unique insights into the industry. The class will include live instruction, live Q&A, handouts, and students will receive a Certificate of Participation from Ethica Institute of Islamic Finance. Classes are $395 for one class or $2950 for 10 if purchased in bulk. The first three webinars cover "Trading in Currencies," "Debit Card, Charge Card and Credit Card," and "Default in Payment by a Debtor." Space is limited to only 30 spots for this master class on a first-come, first-served basis.

 

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