The world's first woman recipient of CIMA's Islamic finance certificate
Rehab Lootah becomes the world's first woman ever awarded a certificate in the highly specialized area of Islamic finance. "The importance of this professional specialization stems out of the vital role played throughout the world by Islamic banking industry including Islamic financing and investment governed by the principles and provisions of Islamic Sharia;" said Rehab Lootah, Mawarid's SVP-Business Development, Products and Corporate Communication and CEO-Tamaiaz Award.
The certificate in Islamic finance is given to accountants and bankers among other academically qualified candidates who should pass four examinations covering Islamic commercial law, Islamic banking and takaful, Islamic capital markets and instruments and Islamic corporate finance accounting.
At a ceremony held to honor Rehab Lootah on this achievement, Mohammed Mosabeh Al Neaimi, CEO - Mawarid Finance Group of Companies, said,: "We are pleased to have an Emirati national achiever among our Group's senior staff and encourage others to follow her example;" he added: "Such unique accomplishments promote the image of the United Arab Emirates on the international scale".