University Islam Malaysia Hires Ethica for Islamic Finance Training


Ethica partners with one of Malaysia’s leading academic institutions to deliver Islamic finance training and certification

Dubai, UAE, September 8, 2015

Ethica Institute of Islamic Finance in Dubai and University Islam Malaysia (UIM) today announced their collaboration to deliver Ethica’s 4-month online Certified Islamic Finance Executive (CIFE) to students in the Masters in Finance program.

University Islam Malaysia is the only postgraduate-only university in Malaysia and the first one to use Ethica’s training and certification for its students. Dr. Mohamad Abdul Hamid, Dean of Academic and International Relations at UIM, said, “Thanks to Ethica, our graduates will be equipped with standardized certification compliant with the Accounting and Auditing Organization for Islamic Financial Institution (AAOIFI). We are delighted that selected Masters in Finance students at UIM will be given licenses to enroll in Ethica’s Certified Islamic Finance Executive (CIFE) program.”

Ethica’s spokesperson added, “Greater harmonization across borders, especially those between Malaysia and the Gulf, is critical to the spread of interest-free alternatives around the world, now more in demand than ever. We hope this partnership between UIM and Ethica plays a positive role in the harmonization of these two important regions.” E-learning is now a mainstay at universities around the world. Institutions increasingly see the advantage of complementing face-to-face instruction with online learning, given its convenience and scalability.

Ethica’s CIFE is designed to take those new to Islamic finance to an advanced level of practical knowledge in 4 months or less. Previously, the CIFE has been delivered as a university semester, a year-long bank wide program, and as the standard 4 month accelerated program. Ethica’s clients include several global banking giants and over 10,000 professionals in 65 countries.


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