A #Kenyan college yesterday signed a three-year memorandum of Understanding (MoU) with Malaysian training university to develop curriculum on Islamic Finance. Coast International College (CIC) also signed a letter of collaboration with the Inceif, the global University for Islamic Finance owned by the Central Bank of Malaysia. The MoU was signed by college principal Loise Gichuki, Inceif president and chief executive Daud Vicary Abdullah. The programme will offer Diploma in Islamic finance. The Malaysia University will provide curriculum, course materials and lectures related to Islamic jurisprudence, Islamic Law of contract, financial accounting and fundamentals of Islamic Banking.
The Responsible Finance & Investment (RFI) Summit 2017 has announced a series of Executive Sessions organized by the RFI Foundation and INCEIF, the Global University of Islamic finance. These sessions will introduce participants from all backgrounds to the connection between Islamic Finance and Responsible Finance. INCEIF President Daud Vicary Abdullah said the alignment between the guiding principles of Islamic finance and the Sustainable Development Goals (SDGs) was significant. Daud added that these interactive Executive Sessions would provide a platform for people working in responsible finance who do not realize the alignment of responsible investment with Islamic finance.
The BNP Paribas-INCEIF Centre for Islamic Wealth Management was recently opened. It was established by BNP Paribas Malaysia Berhad and the International Center for Education in Islamic Finance (INCEIF) and is situated on INCEIF's Campus in Kuala Lumpur. The opening took place at the same time as the biannual Global Islamic Finance Forum, thus attracting a vast audience consisting of participants from Malaysia as well as international ones.
Daud Vicary Abdullah is the ew president and chief executive officer of the International Center for Education in Islamic Finance (INCEIF), the Islamic finance education arm of Bank Negara Malaysia (BNM). He requested a much closer alignment between the global Islamic finance industry and the providers of human capital development.
Vicary added that he is worried about global standards in Islamic finance and strongly believes that the development of standards in many areas, are vital to the continuing growth of the industry.