News briefs

KUPU SB introduces Islamic finance program

BRUNEI: The Religious Teachers University College of Seri Begawan (KUPU SB) has announced a number of new programs including on Islamic finance to realize the objectives of the university as an effective training institution for teachers, according...


News briefs

Perbanas launches Islamic finance study program

INDONESIA: Perbanas Institute has launched its S-1 Shariah Banking and Finance Study Program by organizing a seminar on Sharia banking with the theme, ‘Opportunities and Challenges for Human Capital in Global Shariah Finance’, which was...


News briefs

BNM launches Educator’s Manual

MALAYSIA: Bank Negara Malaysia (BNM) has launched the Educator’ Manual on Shariah Standard Murabahah, the first of 14 series of manuals. The manual was developed by BNM together with the International Shariah Research Academy for lslamic Finance...


News briefs

BisB’s employees complete leadership program

GLOBAL: Bahrain Islamic Bank (BisB) achieved another milestone when four of its senior employees successfully completed the Leadership Development Program from Darden School of Business, University of Virginia in the US. The program was a...


News briefs

AlHuda offers Islamic finance course in French

GLOBAL: Seeking to promote Islamic finance in French-speaking countries, AlHuda CIBE has launched its postgraduate diploma in Islamic banking and finance in the French language which is the first of its kind. Zubair Mughal, CEO of AlHuda CIBE, said...


News briefs

AIB launches Service Ijarah

OMAN: Alizz Islamic Bank (AIB) has launched Service Ijarah, a new financing solution to help students fulfill their higher education dreams, according to Muscat Daily. The financing facility is open to Omani nationals and resident expatriates and...


News briefs

CIBAFI readies next round of programs

BAHRAIN: The General Council of Islamic Banks and Financial Institutions (CIBAFI) will be conducting a range of professional development programs covering three main areas in the coming months, namely, executive programs, technical workshops and...


News briefs

Ithmaar hosts internship program

BAHRAIN: Ithmaar Bank is continuing with its long-standing tradition of hosting its annual summer internship program for undergraduate students. This year, 35 undergraduate students, mostly from universities in Bahrain, participated in the two...


News briefs

New handbook on Iranian capital market

IRAN: Iran has unveiled a new book titled ‘The Handbook of Iran’s Capital Market’, targeted at foreign investors who might be interested in the Iranian stock market, according to the Securities and Exchange News Agency. The handbook is the...


News briefs

Bank Alfalah partners with IMSciences Peshawar

PAKISTAN: Bank Alfalah has entered an agreement with State Bank of Pakistan-backed Center for Excellence in Islamic Finance – IMSciences Peshawar to facilitate the development and promotion of Islamic banking through a shared strategic course of...


Market Report

Saudi to implement revised Qualified Foreign Financial Institutions Investment in Listed Securities rules next month

VINEETA TAN reports on the latest investment regulation passed by Saudi Arabian regulators. Saudi Arabian regulators are further relaxing rules to attract foreign investments onto its shores at a time when the world’s largest Islamic finance...


Market Report

EXCLUSIVE — Sri Lanka issues first corporate Sukuk; dollar Sukuk in the works

VINEETA TAN brings you an exclusive look at Sri Lanka’s groundbreaking inaugural corporate Sukuk issuance. LOLC Finance has beaten the government at issuing Sukuk, raising LKR500 million (US$3.37 million) from the domestic market and setting a...


Industry Insight

All it takes to become a fund manager

Islamic fund management is the professional management of Shariah compliant securities and assets based on Islamic principles to achieve a set of financial goals on behalf of clients. ZAHID SIDDIQUE shares his insights on what is expected of...


Featured

Islamic finance education: The importance of human capital development and challenges

Islamic finance has been growing significantly at an extraordinary pace in the global economy over the past three decades. One of the main emerging issues is related to talent risk, where talent development and education in the Islamic finance...


Cover Story

Islamic finance education curriculum reform – beyond just syllabus

The discord between what is taught within the four walls of classrooms and what is practiced in the corporate world is a tune long sung by the Islamic finance industry to explain the poor employability of Islamic finance students and the weak pool...