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UAE 2017 job market: Tough going

Looking for a banking and finance job in the UAE this year? Well, there may not be any. VINEETA TAN takes a look at the hiring trend in one of the biggest Islamic financial markets worldwide and finds out that it’s going to be difficult for...


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Human resources must transform to meet future industry needs

The financial services industry (FSI) is being fundamentally transformed by a series of megatrends which are currently reshaping the global economic landscape. These include the introduction of new technology, demographic shifts, increasing...


News briefs

PRIBUMI partners with INCEIF

MALAYSIA: International Center for Education in Islamic Finance (INCEIF) has signed a three-year MoU with Persatuan Remisier Bumiputera Malaysia (PRIBUMI), an association representing the interest of Bumiputera dealer’s representatives. Under the...


News briefs

IBA CEIF collaborates with Ihsan Trust and SJA

PAKISTAN: IBA Center for Excellence in Islamic Finance (IBA CEIF) has conducted training with the theme ‘Collection, Utilization & Investment of Zakah & Donations in Welfare Organizations’ in partnership with Ihsan Trust in Karachi. The...


News briefs

IFSB to conduct seminar on Islamic finance

MALAYSIA: The IFSB will be conducting side events in conjunction with the board’s annual meetings on the 4th-6th April 2017 in Kuala Lumpur. The event, hosted by Bank Negara Malaysia, will consist of a one-day seminar on Islamic finance and...


News briefs

AAOIFI announces new projects

GLOBAL: AAOIFI has launched a Shariah standards e-learning platform to serve as an e-learning gateway for professional training programs on standards issued by the standard-setting body. AAOIFI said that it also expects to launch a development...


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EIBFS records highest number of programs for 2016

UAE: The Emirates Institute for Banking and Financial Studies (EIBFS) has announced that it has achieved its highest number of training programs in 2016, offering 879 vocational training and educational programs. A total of 23,899 participants...


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HBKU conducts public lecture on Islamic finance

QATAR: Hamad Bin Khalifa University (HBKU) has conducted a lecture on Islamic finance, as part of a series of public lectures throughout February 2017. On the 12th February 2017, a public lecture titled ‘Shariah Parameters for Upholding Social...


News briefs

Waqf Fund approves 2017 budget

BAHRAIN: The Waqf Fund set up by the Central Bank of Bahrain (CBB) is allocating approximately US$1 million to various Islamic finance human capital development initiatives in 2017. In the last year, the fund has organized various projects...


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QIB establishes new scholarship program

QATAR: Qatar Islamic Bank (QIB) has announced its new educational scholarship program with the aim of supporting its workforce in upgrading their educational levels. The program covers three levels of education namely, diploma, Bachelor’s degree...