Cover Story

Why aren’t Islamic finance graduates getting hired?

The numbers are persuasive: one million Islamic finance professionals worldwide needed by 2020 (according to the Malaysia International Islamic Financial Center), 22,400 in Malaysia alone and 17,000 in Indonesia (2015-18) – yet many Islamic...


Industry Insight

The game of intergenerational success

There has been a lot of discussion in certain social media circles in the last few weeks about Millennials’ expectations for advancement up the ranks and the expectations of baby boomers and those from Generation X (Gen X) of those younger...


Featured

The oversupply of talent in Islamic finance – banks may be the biggest losers

Over the past decade, universities and institutions worldwide have been producing tens of thousands of Islamic finance graduates. There have been tremendous effort and resources put into developing this fresh talent pool, both by governments as...


Featured

Short-term courses designed to meet training requirements of the Islamic finance industry

With the Islamic finance industry registering sustained momentum and gaining wider acceptance and appreciation around the world, the emerging financial landscape will require a highly qualified workforce equipped with relevant education, as well as...


Market Report

DIFC and DEC collaborate to develop Islamic finance in accordance with Dubai Ruler’s Islamic economy ambition

Dubai’s financial free zone and the emirate’s think tank have joined hands to pool and mobilize resources to develop the country’s Islamic finance proposition, aligning themselves with the vision of Prime Minister Sheikh Mohammed Rashid Al...


Market Report

Kuwait’s national oil refiner makes Islamic finance debut — country’s largest dinar financing transaction ever

The national oil refining company of Kuwait has tapped the Islamic debt financing market for the first time in its half a century-long history culminating in the nation’s largest Kuwaiti dinar financing transaction to date. VINEETA TAN casts an...


News briefs

US professor wins IDB Prize

US: M Kabir Hassan, a finance professor with the University of New Orleans (UNO), has won the IDB Prize in Islamic Banking and Finance, awarded to individuals for their outstanding merits in the fields of Islamic economics, banking and finance....


News briefs

Amana Bank conducts SME program

SRI LANKA: Shariah compliant Amana Bank has conducted an Islamic finance awareness program for SMEs targeting consumers, branch managers, customer relations managers and officials from its head office.


News briefs

Masters in Islamic Finance Practice program receives full accreditation

MALAYSIA: The Masters in Islamic Finance Practice program offered by INCEIF has been granted full accreditation by the Malaysian Qualifications Agency for both the online and face-to-face study options. The program was introduced in June 2014 to...


News briefs

Indonesia conducts Training for Trainers

INDONESIA: Indonesia’s Directorate General of Budget Financing and Risk Management, the Ministry of Finance and the Indonesian Association of Islamic Economists on the 19th April conducted training on Sukuk for the first time in Malang as part of...


News briefs

Malay World-Ottoman Center launched

GLOBAL: The International Islamic University of Malaysia (IIUM) and the Fatih Sultan Mahmet Vakif University (FSMVU) of Istanbul have together launched the Malay World-Ottoman Center which will serve as a center for research on Malay and Ottoman...


News briefs

INCEIF papers win awards

GLOBAL: Three papers authored by the INCEIF faculty and students received Best Paper awards at the Islamic Finance, Banking and Business Ethics Global Conference which was organized jointly by Suleman Dawood School of Businese of Lahore University...


News briefs

Annual Trading Game begins

UAE: Dubai Financial Market and NASDAQ Dubai – the world’s largest Sukuk listing center – kicked off the 14th round of the Annual Trading Game for students, which will run between the 26th April and the 10th May to promote financial knowledge...


News briefs

Ethica launches two new certificates

UAE: Ethica Institute of Islamic Finance will launch two new advanced qualifications: the Advanced Certified Islamic Finance Executive (ACIFE) in Financial Analysis and ACIFE in Takaful. The four-month courses are 100% online and compliant with...