Deloitte, FAA collaborate on Islamic finance training

Deloitte, FAA collaborate on Islamic finance training
The Deloitte Islamic Finance Knowledge Center (IFKC) has signed a cooperation agreement with the Finance Accreditation Agency (FAA), an organization supported by Bank Negara Malaysia and Securities Commission Malaysia, which promotes leading practices in Islamic finance training development. The initiative aims to provide quality assurance and accreditation in Islamic finance executive education by having Deloitte ...

More support for Islamic banking urged

More support for Islamic banking urged
While Islamic banking will keep on growing, it needs more concerted action at the inter-governmental and industry level, Standard Chartered Saadiq Malaysia chief executive and global head of consumer banking Wasim Saifi said. Increased competition has resulted in a widening of the Islamic product offering, bringing it within the scope of larger numbers of Muslims, ...

Onward to Islamic finance and halal industry 2020

Onward to Islamic finance and halal industry 2020
Rushdi Siddiqui (Participation finance/Banking) / 2 December 2013. In one week, Dubai hosted two major Islamic finance conferences — the Global Islamic Economy Summit, or GIES, under the patronage of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai; and the World Islamic Retail Banking ...

Islamic finance to grow more

Islamic finance to grow more
Issac John / 30 November 2013 $1.4b industry’s expansion seen at double-digits, with Malaysia and GCC to lead. The industry in the GCC constitutes 28.7 per cent of assets at $445 billion as of 2012. — KT file photo. Led by Malaysia and the GCC — the two regional heavyweights and pioneers of the industry ...

DIB-Dar Al Sharia named ‘Best Sharia Advisory Firm’ at Islamic Finance News awards for fifth consecutive year

DIB-Dar Al Sharia named 'Best Sharia Advisory Firm' at Islamic Finance News awards for fifth consecutive year
November 21, 2013 ENP Newswire – 21 November 2013 Release date- 20-11-2013 – Dubai Islamic Bank (DIB) announced that its Sharia consultancy subsidiary, Dar Al Sharia Legal & Financial Consultancy LLC (DAS) has been named ‘Best Sharia Advisory Firm’ and ‘Best Islamic Consultancy Firm’ in the Islamic Finance News – Best Services Providers Poll 2013. ...

Yurizk Released Ground Breaking Research Report On Human Capital Development in Islamic Finance

Yurizk Released Ground Breaking Research Report On Human Capital Development in Islamic Finance
GIFE 2013 reveals critical insight on Global Islamic Finance Education status and human capital development for Islamic Finance industry. United States, November 20, 2013: Yurizk, the leading provider of information in Islamic Finance education has released an independent special report last week on Global Islamic Finance Education and human capital development in Islamic Finance industry. ...

A big question mark in the Islamic finance industry

A big question mark in the Islamic finance industry
Is Islamic finance reaching the poor? Apparently, it is a matter of pleasure that the global volume of the Islamic finance industry has crossed the USD1.3 trillion threshold, which is definitely providing the best and compatible sources of finance with interest-free modes. According to a careful estimate, there are more than 2,000 Islamic financial institutions ...

UK leads in Islamic finance education, indicator shows

 UK leads in Islamic finance education, indicator shows
The UK is the global leader in Islamic finance education with over 60 institutions offering Islamic finance courses and 22 universities offering degree programmes specializing in Islamic finance, according to Thomson Reuters Islamic Finance Development Indicator (IFDI), a numerical measure representing the overall health and growth of the Islamic finance industry worldwide. Malaysia and the ...

Talent gap overshadows Malaysia’s Islamic finance growth

Talent gap overshadows Malaysia’s Islamic finance growth
Finding a job is often harder than expected for graduates hoping to enter Malaysia’s Islamic banking industry, the world’s second-largest with $124 billion (RM390 billion) in assets – employers are proving choosy about qualifications. Thousands of students, a large number of them Muslims from across the globe, have flocked to the many Islamic finance courses ...

Not enough law firms in Islamic finance

Not enough law firms in Islamic finance
An analyst says that although Malaysian claims to be on of the biggest sukuk markets in the world, there are not more than a dozen lawyers in the country that can handle the transactions. PETALING JAYA: The legal fraternity in Malaysia should pay more attention to serving the Islamic finance industry, which is suffering a ...