CIMA extends Islamic finance agreement

| Wednesday, May 13, 2009



HSBC Amanh and the Chartered Institute of Management Accountants (CIMA) have extended their partnership aimed at promoting CIMA's Certificate in Islamic Finance.

Under the scheme, more staff from the bank will be able to take the qualfiication.

Charles Tilley, CIMA's chief executive, said: "Our partnership highlights the growing importance of Islamic Finance to the international banking community – particularly in light of the current economic crisis."

It also shows that businesses are more aware that the area needs specialist knowledge.

CIMA's Certificate in Islamic Finance is the first global qualifiaction on the matter to be offered by a professional chartered accountancy body.

Recently, Ahmad Mohamed Ali, president of the Islamic Development Bank, called for a change in the way sharia finance is regulated.ADNFCR-868-ID-19164980-ADNFCR

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