Saturday, August 13, 2011

Training of Imams in Islamic Finance in the United States

Training of Imams in Islamic Finance in the United States 
100 religious leaders have followed two months of training in Islamic Finance.
What does it take to get 7 million American Muslims in Islamic Finance? Train 100 imams to the principles and practice of finance halal is a first step towards this goal, the founders of the American Islamic Finance (AIF) Project have successfully completed in 2011. Founded jointly by Ethica Institute of Islamic Finance, Financial Guidance, and Islamic Society of North America, the project aims to promote AIF standards-compliant Islamic finance among the Muslim communities in North America.
The training program started with a keynote address by Mufti Taqi Usmani, chairman of the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions), the main international standards organization in the industry of Islamic finance. The representative of Ethics Institute, "American Muslims turn to their imams for all kinds of information. By providing these imams direct training in the practical application of Islamic finance, Ethics Institute provides them with an understanding of global standards in the industry. "
The training program for imams proposed Ethics Institute aims to become annual. This program includes training sessions online (e-learning), case studies, exercises, examinations, and intensive training sessions in conventional classrooms. Banks with less use of formal training in favor of online training, training in Islamic finance is now more accessible internationally.
RIBH
Read also: More Americans Attracted by Islamic home financing
Ethica Institute of Islamic Finance
With over 20.000 users in Paid More than 40 Countries in 2011, Ethica is the world's Leading Islamic finance training and accredited certification institute, with more Learners Than Any Other Islamic finance organization in the world. Ethica Remains the only institute in the world to Deliver Standardized certification Entirely based on the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the standard-setting body Leading In The Industry.
Guidance Residential
Guidance Is The Leading US provider of Sharia-compliant home financing with over $ 2 trillion in home financing. It Is A Subsidiary of Guidance Financial Group, an international company dedicated to serving the market for Sharia-compliant financial products and services. Guidance Financial Group offers unique investment products to institutional investors and Financial Intermediaries worldwide, and Provides Financial Services to retail customer base STI in the United States.
Islamic Society of North America
ISNA Is An association of Muslim Organizations and Individuals That Provides a common platform for the presenting Islam, Muslim Communities Supporting, Developing educational, social and Outreach Programs and Fostering Good Relations with Other Religious Communities, and civic and service organisms.

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