Islamic finance education gains momentum in UK

The launch of Europe’s first dedicated Islamic Finance and business Center at a mainstream British university, Aston Business School, which is part of Aston University in Birmingham, underlines the growing Islamic finance education industry in and out of the UK.

The El Shaarani Islamic Finance and Business Center, named after its benefactor El Shaarani, CEO of Surgi-Tech Group in Dubai, aims to establish Birmingham as the center for Islamic finance in the UK.

The global growth of Islamic finance and the UK banks’ long involvement in the sector since the early 1980s, has encouraged professional bodies, academic institutions and some private entities to set up Islamic finance courses ranging from certificates, diplomas, undergraduate, masters and post-graduate degrees in Islamic finance and economics.