Cover Story

Changing tides for Islamic finance education in Sri Lanka

Abdul Qadeer may now be an Islamic finance professional but wind back the clock to five years ago, Abdul, like many in Sri Lanka at that time, did not even consider pursuing an Islamic finance qualification because the prospects for the Shariah...


Industry Insight

Mohammad Shoaib – CEO of Al Meezan Investment Management

In this article, MOHAMMAD SHOAIB walks us through his current role as CEO of Al Meezan Investment Management and also takes a look at his journey thus far in Islamic finance. I landed my first job in the area of finance in 1999 after obtaining a...


Market Report

The UAE hopes to draw investment by raising Islamic finance professional standards

The UAE seeks to raise the professional bar for its Islamic finance human capital pool and to deepen the Shariah finance body of research in an effort to draw greater investments onto its shores as the second-largest Gulf economy endeavors to...


Featured

Islamic finance human capital: Fixing the cracks

The relationship between an employer and an employee is a two-way street. There is give and take and the occasional tugging and jostling. NYRA MAHMOOD believes this ‘relationship’ is a universal bond across industries and as such, just as...


News briefs

IUIU offers Islamic finance course

UGANDA: The Islamic University in Uganda (IUIU) has introduced a postgraduate diploma in Islamic banking and finance in a bid to develop human capital in the Shariah finance industry, according to Uganda’s The Observer. Designed by experts from...


News briefs

BMMI and MES distribute scholarships

INDONESIA: Bank Muamalat Indonesia (BMMI) and Yayasan Bhakti Masyarakat Ekonomi Syariah (MES) have collaborated to distribute scholarships worth IDR150 million (US$11,010) to 15 students pursuing the Islamic economic undergraduate program this. ...


News briefs

PQFTL conducts Takaful program

PAKISTAN: Pak-Qatar Family Takaful (PQFTL) has collaborated with the Center for Excellence in Islamic Finance at the Institute of Business Administration, Karachi to conduct an executive learning program titled ‘Understanding Takaful’ to...


Market Report

Islamic finance retail space sees wave of new interest on the back of improving financial literacy

Muslims and non-Muslims globally may not be as aware of Islamic financial products as they should be, let alone understand their unique value proposition, but data from the UAE suggests that more Emiratis are buying into the concept of Shariah...


News briefs

New Islamic finance books launched

MALAYSIA: Cagamas, or known as the National Mortgage Corporation of Malaysia, has launched two books (translation series) titled ‘Kitab Al-Luma’ Fi Usul Al- Fiqh’ (‘The Refulgence of the Principles of Islamic Jurisprudence’) by Abu Ishaq...


News briefs

Qard Hasan for Hamdard University students

PAKISTAN: Meezan Bank, through its charity arm Ihsan Trust, has signed an MoU with Hamdard University to provide Qard Hasan or interest-free loans to students of the university on the need-cum-merit basis, according to the Associated Press of...


News briefs

Bank Nizwa hosts French varsity students

GLOBAL: Bank Nizwa recently hosted a delegation of students and researchers from Paris Dauphine University who were there to gain a deeper understanding of Islamic finance in Oman and the role the bank has been playing in growing the sector since...


News briefs

EIBFS hosts Islamic asset management workshop

UAE: Despite its impressive growth and being the second-largest Islamic banking market after Malaysia, the UAE must continue to address the shortfall in Islamic investment avenues in addition to improving and diversifying short-term asset...


News briefs

ZSIEFA to establish fund to aid students

MALAYSIA: The Yayasan Raja Zarith Sofiah Negeri Johor (ZSIEFA), or the Raja Zarith Sofiah Foundation of the State of Johor, is set to establish an investment fund to aid students in tackling the rising cost of education, according to The Star....


News briefs

IRTI partners with Indonesian universities

INDONESIA: The Islamic Research and Training Institute (IRTI), a member of the IDB, signed three MoUs with three Indonesian universities at the IDB’s 41st Annual Meeting to facilitate the joint conduct of research, training, seminars and...


News briefs

UK to offer Islamic financing to students

UK: According to a white paper, the UK government will soon be legislating for the creation of an alternative model of student finance in an attempt to increase diversity in UK universities, reported The Telegraph. The white paper stated that the...


News briefs

IRTI and Springer release new book on macroprudential regulations

GLOBAL: Islamic Research and Training Institute (IRTI) and Springer International have published a new book titled ‘Macroprudential Regulation and Policy in the Islamic Finance Industry: Theory and Applications’. This book is expected to be...


News briefs

DIB sources for local candidates

nationalization initiatives and increasing the number of Emiratis employed by the private sector tenfold by 2021, Dubai Islamic Bank (DIB) participated in the 16th edition of ‘Careers UAE’, the leading national platform for both job seekers as...


News briefs

QIIB hosts students

QATAR: Qatar International Islamic Bank (QIIB) recently hosted students from the Qatar Academy at a Professional Day event as part of the bank’s corporate social responsibility framework. The students visited various banking departments, whereby...