IslamicFinance.de

Why an Islamic Finance training programme?

The Islamic banking and finance (IBF) sector has experienced substantial and unprecedented growth in recent years: growing at a rate of 10-15% per year. Today, more than 500 IBF institutions are operating worldwide, which are claimed to manage assets worth no less than $1.2 trillion, while the assets held in IBF institutions were only less than $10 billion in 1985. In Malaysia the IBF institutions are planned to capture the 25% of the market share, in terms of assets owned, by 2012, while it is expected that Islamic finance will be the mainstream finance in the Gulf region in the next decade.

Such immense growth has brought Islamic finance to the attention of the international banking and finance community, prompting the major banks to set up Islamic financial windows to take advantage of demand for Shari'ah compliant finance.

As a result of these exciting developments, financiers and bankers working in the field or those who wish to enter the Islamic financial market need to be aware of and trained in the principles, operations, techniques and mechanism of Islamic finance and financial products as well as the dynamics of Islamic financial and capital markets.

Durham Islamic Finance Summer School aims to provide such knowledge, skills and expertise, and help place participants in an advantageous position for entering and working in the Islamic financial sector. The programme is delivered mostly by leading financiers and bankers from across the world as well as the Centre's academics.

Durham Centre for Islamic Economics and Finance has an international reputation in teaching, conducting research and publishing in Islamic economics, banking and finance over twenty-five years. Many of our Islamic economics, banking and finance graduates and participants of the Summer School have gone on to work in the Islamic finance sector or now teach Islamic economics and finance all over the world.

The Durham Islamic Finance Summer School allows participants to take advantage of the Centre's expertise to enhance and develop their knowledge skills over a 5-day intensive programme.
Who should attend?

financiers, bankers, professional researchers, and academic researchers
those intending to work in, and new entrants to, the Islamic financial sector
those already working in the sector who wish to improve their academic and practical knowledge and experience
academics and postgraduate students
anyone wishing to learn more about this emerging industry.

Further information please contact if.dtc@durham.ac.uk or telephone +44 (0)191 334 5066.