Since the buiding of the Association for Islamic Finance Advancement (AIFA) in April 2011, human capital development and education and training for the Islamic banking and finance industry has become a great success.
It appears that the association will collaborate with international accreditation bodies such as the US-based Association to Advance Collegiate Schools of Business to develop the standards and curriculum for Malaysia's higher education institutions, and is also cooperating with US publisher, John Wiley, to launch five standard textbooks related to Islamic finance and banking.