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Career Options In Islamic Finance

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PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
Over 500 Islamic banks worldwide

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PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
Islamic finance industry is growing
annually at over 20%

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PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
S&P believes the potential market
for Islamic financial services to be
closer to $4 trillion.
(Source: Standard & Poors Ratings Services)

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PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
Overwhelming and unexpected
interest from non-Muslim countries
like China, Japan, Canada, United
States, and the United Kingdom
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PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
30,000 new Islamic banking jobs
will have to be filled in the Gulf in
the next decade.
(A.T. Kearney, Source: AME Info)

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
AAOIFI (Accounting and Auditing
Organization for Islamic Financial
Institutions) leading standard-
setting body.
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PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
CEO

Executive Committee

Assets & Liability


Business Planning
Committee

Operational Risk &


Compliance Committee

Corporate & Retail Credit Finance Centralized Shariah /


Investment Banking Banking Division Division Operations
Product
Structuring
Corporate Business Planning & Financial Quality
Banking Risk Analysis
Control Policy & Control Assurance

Real Financial &


Estate Branches Retail Risk Budget Reporting Business Support

Investments, FI & Regulatory


Sales Credit Support Reporting, Budget & Trade
Syndications Finance Services
Forecast

Property Process & Financial System Support &


Marketing
Management Quality Reporting Reconciliation
Monitoring Unit
Operational Management
Collections Risk Accounts

Compliance & Information


Service & Quality AML Systems
Your Question,
Our Answers

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
I am a student at Dalhousie University in Halifax,
Canada studying commerce and finance.

I have an opportunity to go to Saudi Arabia and


am interested in making the transition from
conventional to Islamic finance.

From your experience what is the best way for me


to get into the Islamic finance industry in Saudi
Arabia and the Gulf region in general?
Kenan, Canada

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
I am a journalist with 12 years experience. I recently
signed up for a distance learning course in Islamic
banking in London. I am now seriously thinking of a
career change, but I am totally new to the subject area.

1. Do I stand a chance of being employed by an Islamic


financial institution?
2. Will you advise me to do an M.A. or M.Sc. in Islamic
banking after finishing my distance learning course?
3. How can I capitalize on my Central Asian background
and knowledge?
Adeeba, United Kingdom

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
How are the educational programs in Islamic
finance different from one country to another?

There are a variety of programs from Malaysia


and the UAE.

Which certificates or educational background is


needed to get into the Islamic finance industry?
Farzana, Melbourne

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
What do I need to know to work in the
Investment banking arm of an Islamic bank?
Hammad, Karachi

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
Which countries present the best Islamic banking
employment prospects for a Westerner? I am
willing to relocate anywhere opportunities may
be presented.
Matthew, Boston

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
What are the options for a Compliance Officer?

I am studying for the ICMA Diploma in Islamic


Finance (University of Reading, UK).

Is that a recognized diploma in the Middle East?


Kabira, Luxembourg

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
Im an arts graduate and certificate holder from
the Chartered Insurance Institute (UK).

Im working in Bahrain with a Retail bank,


selling asset-based products.

How can I join the Islamic banking industry?


Masroor, Bahrain

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PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
I have done my MBA in Banking and Finance with
a specialization in "International Banking".

Where do I fit in the Islamic Banking Industry?


Abdul Basit

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
I had 12 years of banking experience when I
moved to Canada. These days I work as a
conventional accountant and am pursuing
Ethicas CIFE hoping that I would be able to
quit my current job and join Islamic banking.

What does Ethica Institute do to help those who


finish their CIFE training and certification?
Hamidul, Canada

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
Ive 9 years experience in the Trade finance
division of a conventional bank.

What should I do to join an Islamic bank?


Tauseef, Dubai

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
More Training Than Anyone, Growing Weekly
Why Islamic Finance? How To Calculate An Ijarah Schedule I
Understanding Ijarah I - Islamic Leasing How To Calculate An Ijarah Schedule II And Quiz
Understanding Ijarah II And Quiz - Islamic Leasing How To Calculate Diminishing Musharakah Schedule
Understanding Mudarabah I - Islamic Investment How To Structure Mudarabah Deposit Accounts I
Understanding Mudarabah II - Islamic Investment How To Structure Mudarabah Deposit Accounts II
Understanding Mudarabah III And Q How To Perform Murabaha Calculations And Quiz
Understanding Murabaha I - Cost Plus Financing Asset Pool Management In Islamic Finance
Understanding Murabaha II - Cost Plus Financing Profit Calculation Framework For Deposit Accounts
Understanding Murabaha III And Quiz Liquidity Management In Islamic Finance I
Understanding Musharakah I - Partnerships Liquidity Management In Islamic Finance II
Understanding Musharakah II Partnerships Risk Management In Islamic Finance I
Understanding Musharakah III And Quiz Risk Management In Islamic Finance II
Understanding Salam And Istisna I - Forward Sales Islamic Accounting Standards
And Manufacturing Contracts Understanding Islamic Accounting I
Understanding Salam And Istisna II Understanding Islamic Accounting II
Understanding Salam And Istisna III And Quiz Understanding Islamic Accounting III
Understanding Sukuk I - Islamic Securitization Understanding Islamic Accounting IV
Understanding Sukuk II And Quiz Understanding Islamic Accounting V
Understanding Islamic Accounting VI
Understanding Islamic Insurance And Quiz

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PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
Ethicas CIFE

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PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
The Ethica Relationship: Beyond Certification
Standardized and Scholar-approved
AAOIFI-based learning
Ethicas Recruiter Database
Ethicas 1-on-1 Career Counseling
#1 in Customer Rankings
100% User Satisfaction
30-Day Satisfaction Guarantee

www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
Thank You For Attending

All attendees: A downloadable


version of our #1 You Tube video
Why Islamic Finance?
Only 3 lucky attendees: 1-on-1 career
counseling with an Islamic finance
expert
Only 10 lucky attendees: Special offer
on Ethicas CIFE training and
certification program
www.EthicaInstitute.com
PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783
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contact@EthicaInstitute.com

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PO Box 127150, Dubai, UAE, Off: +9714 305 0782, Fax: +9714 305 0783

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