Global Standards: Advanced course in Islamic finance launched

Islamic finance is becoming increasingly prominent throughout the world, rapidly growing from a niche industry to a mainstay of finance.

Acknowledging this rapid growth, the Chartered Institute of Management Accountants (CIMA) launched its advanced diploma in Islamic finance at a local hotel on Monday.

Speakers said the programme has been designed with input from the world’s best professionals.

“Islamic finance plays a vital role in the modern business world and it is important to have globally recognised professionals,” said a speaker.

In addition to that, speakers highlighted the potential which South Asia offers. They said Pakistan, Bangladesh and India alone amount to nearly 500 million Muslims and South Asia can become a region which offers tremendous potential to investors.

State Bank of Pakistan Chief Manager Akhtar Raza, appreciated CIMA’s efforts in enhancing specialised knowledge in Pakistan.

Published in The Express Tribune, February 14^th, 2012.