HSBC Amanah and Cima in training tie-up

HSBC Amanah, the global Islamic financial services arm of the HSBC group, has tied up with the Chartered Institute of Management Accountants (Cima) to bridge the gap in Islamic finance training.

Nabeel Shoaib, Global Head of HSBC Amanah, said: "Raising the standards of the Islamic finance industry entails more investment in education and advanced research and development.

At HSBC Amanah we attach paramount importance to these aspects and our partnership with a leading institute like Cima is a clear example of our commitment to address the challenge of human assets, which remains a pressing issue for the Islamic finance industry globally. We will continue to set the pace for the industry through innovation and best practice."

Charles Tilley, Cima's Chief Executive, said: "This collaboration shows how important Islamic finance is to the international banking community and finance professionals throughout the world.

"It also demonstrates how organisations are increasingly aware that this important area of international finance requires specialist knowledge.

"We look forward to this collaboration with one of the world's leading international banks and to working with HSBC Amanah in the training and development of their growing talent pool."