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Upholding the Trust of Wealth
Wealth is an amanah (trust) from Allah, and how we use it, for good or otherwise, is of the utmost importance to our spiritual health. Those blessed with wealth should take heed from these words from the Islamic scholar Ibn Qudama al-Maqdisi:
The deluded among the wealthy are of various types. Some of them eagerly build mosques, schools, hospices, aqueducts, whatever people can see, and write their names upon them to perpetuate their memory and keep it alive after their death, while if one of them were called upon to spend a single dinar on something that did not have his name on it, it would be a burden for him...
Others protect their money, holding fast to it with the tight fist of greed, and then occupy themselves with bodily works of worship that do not cost much, like fasting, prayer, or reciting the whole Koran. They are deluded, for stinginess is deadly and has taken over their heart. They need to rid themselves of it by spending of their wealth...
There are others whose selfsihness will not let them given anything but zakat. One of them may pay out the worst property he has, or give it to those of the poor who are useful to him, vacillating between which of his ulterior motives can best be served, or as to whom he may have use for in the future or is “good for something” in particular. Another may deliver his zakat to a prominent public figure so he will consider him to be someone and later fulfill his needs. And all of this invalidates the intention, the person who does it being deluded by wanting recompense from others for worshipping Allah Most High...
Source: Reliance of the Traveller by Ahmad ibn Naqib al-Misri (tr. Sheikh Nuh Ha Mim Keller), excerpted from “Mukhtasar Minhaj al-Qasidin” by Ibn Qudama al-Maqdisi
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Officially AAOIFI Recognized
Officially recognized by AAOIFI (pronounced “a-yo-fee”), the world’s leading standard-setting body in Islamic finance, Ethica's award-winning Certified Islamic Finance Executive (CIFE) and Advanced CIFE (ACIFE) earn you continuing professional development (CPD) credits
"The role Ethica has played in promoting the cause of standardization of best practices in Islamic finance, especially in the fields of Shari'ah and accounting, that too for the last two decades, is indeed praiseworthy. They have always put AAOIFI standards at the heart of all their certification and training programs for which we are grateful."
Omar Mustafa Ansari
Secretary General, AAOIFI
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What CIFE and ACIFE Graduates Say...
"Ethica’s CIFE has already opened doors for me..."
Boyd Ruff
Esq., USA
“The course is brilliant.”
Mufti Ibrahim Essa, Darul Uloom
"I chose Ethica’s certification as it has an excellent reputation in the market and now I understand why. All the different modules cover the most important types of contracts from both a theoretical as well as a practical perspective and are complemented by a lot of clear examples. And the self-paced training permits excellent time management. I recommend the CIFE from Ethica Institute to everybody seriously interested in learning about Islamic finance."
Daniel Rasqui
Director, Product Support and IT, SIX Financial Information, Luxembourg
"We upgraded to twice as many users after only 6 months with Ethica."
Moinuddin Malim
CEO, Mashreq Al Islami
Read more testimonials (here)
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CIFE & ACIFE graduates have likened the knowledge gained from Ethica’s certification to actually working inside an Islamic bank. Ethica puts you ahead of the curve by training you in the practical aspects of Islamic banking without overwhelming you with theory. Play one of our videos (click here) to experience the quality and depth of our training.
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About Ethica Institute of Islamic Finance
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Couriered to your doorstep at no extra charge, your framed certificate will handsomely adorn your office or study for years to come. Custom-mounted and framed by hand, this beautiful certificate was designed by classically-trained Islamic artists and third-party accredited to comply with AAOIFI, the world’s leading Islamic finance standard.
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Ethica is trusted by more professionals for Islamic finance certification. Officially recognized by AAOIFI, the world's leading standard-setting body in Islamic finance, the Institute has trained over 15,000 paying professionals in 160 financial institutions across 65 countries, winning numerous industry awards. Ranked #1 on Google for “Best Islamic Finance Certification” regularly, Ethica’s globally recognized and accredited award-winning certificates include the Certified Islamic Finance Executive™ (CIFE™), Advanced CIFE™ Financial Analysis (ACIFE™ FA), and Advanced CIFE™ Accounting (ACIFE™ ACC), delivered online or live at the bank.
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Celebrating 20 Years of Islamic Finance Excellence
- Official recognition from AAOIFI, the world’s leading standard-setting body for Islamic finance
- 15,000 paying professionals in 65 countries from over 160 institutions
- +$350,000 given in financial aid
- +100 countries and thousands receive free courses and ebooks
- Ranked #1 on Google for “Best Islamic Finance Certification” regularly
- 69 industry awards
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Our Learners and Clients Come From…
 
 
 
 
 
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Disclaimer: This email is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action. Ethica Institute LLC does not purport to and does not, in any fashion, provide tax, accounting, actuarial, record keeping, legal, broker, dealer or any related services. You should consult your advisors with respect to these areas and the material presented herein. You may not rely on the material contained herein. Ethica Institute LLC shall not have any liability for any damages of any kind whatsoever relating to this material. Unlless indicated otherwise, the names of people, locations, and events may have been changed and any resemblance to actual people, locations, and events may be purely coincidental.
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