Zawya and Ethica Launch Advanced Certification in Islamic Finance (ACIF)


Revolutionary e-learning solution, designed to deliver advanced, cost-effective Islamic finance training

DUBAI, UAE - February 28, 2011

Zawya, the Middle East’s leading online business and investment platform, in conjunction with Ethica Institute of Islamic Finance, today launched the Zawya Advanced Certification in Islamic Finance (ACIF), a revolutionary e-learning solution, designed to deliver advanced, cost-effective Islamic finance training and development to individuals and institutions worldwide.

At a press briefing that took place yesterday at the Dubai International Financial Center, Shaykh Yusuf Talal DeLorenzo, a leading Islamic finance scholar who serves Ethica in an advisory capacity, signed the fatwa for the ACIF.

Developed by a world renowned team of scholars and bankers, Zawya ACIF integrates advance Islamic finance theory along with highly relevant case studies and practical knowledge for immediate application. The course will introduce participants to the important building blocks of Islamic finance, which has now grown to be a 1.4 trillion-dollar global industry.

“This is a milestone for Zawya, as we add to our portfolio of solutions to tackle the wide range of issues facing the Islamic finance industry today,” said Juhaina Kasimali, Head of Islamic Finance, Zawya. “Zawya is an advocate for transparency and liquidity in the industry, and today we drive the need for education through ACIF and Islamic finance certification through Ethica Institute’s practical training.”

“With over 750,000 professionals in Zawya’s community, and millions more reached through an online platform, Ethica and Zawya finally address the industry’s urgent need for trained and certified individuals,” said Atif Khan, Managing Director at Ethica.

Zawya ACIF is based on the only online certificate in the world to conform to the latest AAOIFI Shariah Standards, the Islamic finance industry’s most widely-accepted standard, and is followed by central banks across the world. Zawya ACIF reduces training costs by up to $3,000 per employee per year, increases ROI by training a more motivated and knowledgeable workforce, with all training and material supplied by Ethica Institute.

“As the Islamic finance industry continues to evolve and innovate, so does our program and training material. Zawya delivers only the most up-to-date Islamic finance certification and training, tried and tested by scholars and bankers who perform transactions on a day-to-day basis,” added Kasimali.

About Zawya

Zawya enables over 750,000 professionals with the means to find and connect to the right business and investment opportunities in both private and public markets across the Middle East. Zawya's wide range of unique content and tools includes detailed company profiles, timely aggregated news such as Zawya-Dow Jones, leading industry and asset class research, as well as an exclusive online network. Headquartered in Dubai, Zawya has presence in Saudi Arabia, Bahrain and Lebanon. For more information visit

For more information about this article, or to schedule an interview with Ethica Institute of Islamic Finance, please call Sameer Hasan at +971-4-455-8690 or e-mail at [email protected]


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