LONDON, February 12 /PRNewswire/ -- The Association of Business Executives (ABE) has worked closely with the Institute of Islamic Banking & Insurance (IIBI), one of the world's leading independent academic and research organisations solely dedicated to the promotion and implementation of Islamic Finance, to develop two optional modules within the existing ABE Business Management qualification. 'Concepts and Principles of Islamic Economics' will be available at Diploma level (level 5), and 'Islamic Finance' will be available at Advanced Diploma level (level 6). Both modules will be examined for the first time in June 2008 and are accredited by the UK regulatory authorities for qualifications.
Jason Raife, Director of Business Development at ABE commented "Since the turn of the century demand for Shari'ah-compliant financial products and services has been growing, which has resulted in the establishment of a large number of Islamic financial institutions as well as large multinational banks diversifying into Islamic banking. This has naturally led to an international demand for employees who are well versed in the principles and operations of Islamic finance. As an examination board ABE is well positioned to react to this demand and working closely with IIBI to develop Shari'ah compliant modules was a natural progression for ABE."
Students who pass these two units are eligible for exemptions from certain units of the IIBI's Post Graduate Diploma course subject to meeting the entry criteria and subsequently, IIBI students can go on to a Masters programme at the University of Durham. Students who complete the full ABE Business Management Advanced Diploma have the option to progress directly on to the third year of a bachelor's programme or directly on to an MBA programme at one of 50 universities world wide (subject to entry requirements).
ABE is an examination board and members association with a presence in over 70 countries world wide. Currently over 40,000 members are studying for an ABE qualification through a network of over 500 accredited tuition providers or via self study. ABE will be promoting its business & management qualifications including the two new Shari'ah compliant modules at this year's Careers & Jobs live and HRD events in April at London's ExCeL.
For more information on ABE, or to view syllabus and support material for any ABE qualifications visit: http://www.abeuk.com. If you have any queries regarding these modules please email laurenb@abeuk.com or call ABE on +44(0)20-8329-2930. For further information about the Institute of Islamic Banking and Insurance visit: http://www.islamic-banking.com
The Association of Business Executives 5th Floor CI Tower St. George's Square High Street New Malden Surrey KT3 4TT
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