The recent impressive growth in the Islamic finance industry makes it essential that the world’s financial bodies and institutions understand this market and have suitably qualified staff to service the industry’s needs. CIMA is working with industry leading professionals to provide globally relevant qualifications in Islamic finance.
Many approaching Islamic finance for the first time are daunted by the intricacies of the subject, but a little effort usually leaves them feeling sufficiently confident to explore this dynamic area of finance. This glossary explains the key Arabic terms and contracts used in Islamic finance, giving alternate spellings where applicable.
