British Accounting Body Will Offer Certificate In Islamic Finance

Britain's Chartered Institute of Management Accountants (CIMA) will become the first the first accountancy body in the UK to offer its members training in Islamic financial law. The Scotsman today reports that a self-study program leading to a Certificate in Islamic Finance was developed by CIMA in consultation with Sharia law experts and the International Institute of Islamic Finance. The course covers Islamic commercial law; Islamic banking and Takaful; Islamic capital markets and instruments; and accounting and analysis of Islamic financial institutions.