In the growing area of Islamic microfinance, a diverse skillset is required. Professionals have to be knowledgeable in traditional retail banking, in the ethics of Islamic finance and in the relevant compliance and regulation issues. In order to provide you with the necessary skills and know-how to become a well-rounded Islamic microfinance professional, we have designed the certification course ‘Certified Expert in Islamic Microfinance’. This e-learning course was jointly developed by a team of experts from the Frankfurt School of Finance and Management, Islamic Relief Worldwide, and the Islamic Relief Academy. This combination of expertise provides you with the opportunity to have a rich learning experience based on the broad knowledge of diverse, highly qualified professionals.This 6-month certification course is designed to be a part-time training, offering you the flexibility to follow your own schedule and the ability to combine daily work with your professional development.The "Certified Expert in Islamic Microfinance" was funded with UK aid from the UK government.Course DetailsAccording to CGAP an overwhelming proportion of people without access to finance are from Muslim-majority countries, as formal financial markets often fail to provide access to credit or savings that are compliant with the Muslim faith. Islamic microfinance has the potential to fill that gap through the provision of Sharia-compliant microfinance products, already reaching millions with an estimated USD 1 billion global industry loan portfolio. Professionals in this field are motivated and at times challenged by the dual nature of the required skillset, combining proven microfinance practice with the principles of Islamic finance.These wide-ranging technical competencies are addressed in this unique course which combines our renowned "Certified Expert in Microfinance" with key knowledge in Islamic finance to the standards set by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).www.frankfurt-school.de/home/international-advisory-services/fsdf-e-campus/expert-islamic-microfinance.html
NEW DELHI : Saudi Arabia, the world's biggest oil exporter, is looking at investing USD 100 billion in India in areas of petrochemicals, infrastructure and mining among others, considering the country's growth potential. Saudi Ambassador Dr Saud bin Mohammed Al Sati has said India is an attractive ...
Read MoreBy Ashwini Shrivastava Singapore, Oct 28 (PTI) Indian and foreign banks should exploit Islamic banking''s untapped potential to ensure the financial inclusion of “unbanked” populations excluded by the existing financial system, several experts have said. Islamic banking is a finance ...
Read MoreThe Kerala State Financial Enterprises (KSFE) Pravasi Chitty, the savings scheme for expats from the state, is now Shariah-compliant, an Indian minister said in Abu Dhabi. Kerala's Finance Minister Thomas Isaac said the chit fund scheme is now available with an additional 'halal' option and...
Read MoreTo Check Farm Suicides, India Will Have To Start Interest-Free Banking: Bangladesh Top Banker India will have to start interest-free banking system in order to check the growing number of farm suicides, said a top banker of Bangladesh here on Friday. Md Abdul Awwal Sarker, General Manager, Resear...
Read MoreWhen the Bengaluru-based IMA Group of Companies wound up its operations, it not only left thousands of investors in the lurch but also raised questions on political patronage to Ponzi schemes that are being run in the name of Islamic banking. Imran Gowhar and K.V. Aditya Bharadwaj report on the scam...
Read MoreKhurshid Ahmad Najmi ( Legal Advisor , ICIF , Partner -Link Legal India Law Service, Former Legal Advisor Reserve Bank of India) The biggest problem with the term ‘Islamic bank’ is that it carries the word ‘Islam.’ It is almost l...
Read MoreThe Annual General Body meeting of Indian Centre for Islamic Finance (ICIF) was held at its office in the national capital on June 30 to take stock of the prevailing Islamic financial situation, progress made, and to formulate guidelines and roadmap for the next financial year and to analyse the...
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