Academy for International Modern Studies (AIMS) launched an internationally accredited Certificate is Islamic Banking known as Certified Islamic Banker (or CIB). It is designed to produce highly skilled professionals and 'Valued Islamic Bankers' for the fastest growing Financial Sector. This certification is offered globally through AIMS regional partners worldwide, inlcuding Middle East and African Countries.
Academy for International Modern Studies (AIMS) http://www.learnislamicfinance.com, launched a specialized certificate program in Islamic Banking. This certification, called Certified Islamic Banker (CIB), gives an in-depth study of Islamic financial and Islamic banking system. CIB is designed to produce highly skilled professionals and valued "Islamic Bankers" for the highly growing Islamic Banking industry. On the successful completion of this training, participants are capable of designing, implementing, consulting, operating and administering Riba-free Islamic financial products and services, within their organizations.
This Islamic Banking Certificate is offered through Distance Learning, and facilitated by worlds' most renowned Islamic Banking scholars. Students are given number of assignments; which increase their understanding on the subject, clarify their concepts and help them to achieve better marks in their final examination. Using AIMS' online educational support, students have a chance to discuss the topics and question from Islamic Banking Scholars. Average time for the completion of CIB is 3-4 months. However, it may not be same for every student, and depends on their work experience, educational background and personal interest in the subject.
Academy for International Modern Studies (AIMS) is chartered by Government of United Kingdom. AIMS has made a significant contribution in Islamic Finance Industry. Objective of AIMS is to facilitate individuals become expert Islamic finance professional and companies establish better Islamic financial system. AIMS' mission is to promote industry professionalism and best practices in Islamic Banking and Finance through research, consultancy, corporate trainings, seminars, workshops and publications.
The Islamic Banking is the fastest growing Financial Sector in the world. It is quickly becoming a confident participant in the global scene of profit-and-loss sharing, venture capital and ethical investment. The Islamic finance industry was nearly non-existent 30 years ago. In 2006, Islamic financial institutions' (IFIs) assets worldwide were estimated at more than $300 billion, with another $400 billion in financial investments, according to a study by accounting firm KPMG.
The global potential of the Islamic banking market is "conservatively" estimated at $4,000bn, according to Moody's Investor Service, while the current market is estimated at only $700bn, most of it in the Gulf. With such potential it becomes clearer why governments, eager to please their Muslim populace, are encouraging more banks to start up and expand outside domestic markets. Islamic finance is growing at a rate of about 15 percent annually, the study found. Consulting firm McKinsey Co. predicts at least a 20 percent growth over the next five years.
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© Press Release 2009
