Islamic finance education: OIC states urged to set up funds
Global Forum on Islamic Finance (GFIF) Wednesday recommended that governments of OIC countries should set up funds for curriculum and infrastructure development of Islamic financial education at under-graduate and graduate level to cater needs of this emerging area.
Copyright Business Recorder, 2013
The recommendation was passed in a resolution on the last day of the GFIF 2013 organised by COMSATS Institute of Information Technology (CIIT) in collaboration with the Lancaster University. Former Governor State Bank Dr Ishrat Hussain was the chief guest at the closing ceremony of the GFIF. The resolution said that Islamic finance education is pivotal for the stability and growth of Islamic Finance industry.
Speaking on the occasion, Dr Ishrat Hussain has said that global forum on Islamic finance will be helpful in promoting Islamic financial system. He also said that Islamic banking system is gaining popularity in both Muslim and non Muslim countries. Akmal Hanuk, Chief Executive, Islamic Banking and Finance Centre, UK, Waheed Qaiser President Maxim Corporate Finance, UK, Dr Azmi Omar Director General IRTI, Islamic Development Bank, Saudi Arabia, Professor Dr Volker Nienhaus Germany and Alberto Brugnoni Chairman, ASSAIF, Italy, Dr Kent Matthews, Cardiff University, UK, Saleem Ullah, Director, Islamic Banking Department, State Bank of Pakistan, Dr Nasim Shirazi Islamic Research Training Institute, Islamic Development Bank, Saudi Arabia were present on the occasion.