Business schools teach Islamic finance, and all are welcome

The world's growing Muslim population opens up near limitless potential for Islamic finance. However, the pool of talent is very limited at the moment. The International Center for Education in Islamic Finance (INCEIF) welcomes students from all over the world. Since its opening in 2006, half of the 1,300-plus graduates have been Malaysians, but the other half have been from over 70 countries. The list includes predominantly Muslim nations, like Indonesia, Pakistan and Somalia, but one does not have to be Muslim to enroll. Malaysian authorities are encouraging other educational endeavors, too. The Islamic Banking and Finance Institute Malaysia will launch two new programs offering professional certifications in Islamic finance. The two certifications, chartered Islamic banker and chartered takaful practitioner, are the equivalent of conventional financial qualifications.