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.
The Sixth Foundation of Islamic Finance (FIFC) Conference is to be held at the Durham University, Durham, United Kingdom on April 2-3, 2014. Papers relating to Islamic economics and finance including papers covering the Shariah aspects of Islamic economics and finance are welcome in this 2014 meeting with the conference theme "Islamic Economics and Finance: The New Frontier”. Numerous experts, industry practitioners and scholars will participate. The submission deadline for papers is Friday 15, February, 2014. Paper writer(s) will be notified of the International Review Panel’s decision by 23 February, 2014. Once the papers are accepted, registration has to be done by 28 February, 2014. The registration fee is MR 1450 (about US$450). For further information and contact details please see the website: http://nceis.unimelb.edu.au/events/all/foundation_of_islamic_finance_con...
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.
Durham University is going to have a leading UK centre for teaching Islamic finance and business with a new doctoral training centre.
The Durham Centre for Islamic Economics and Finance is in collaboration between the University’s Durham Business School and the School of Government and International Affairs.