“Malaysia is currently ranked 5th globally in terms of Islamic Banking and assets, but it supplies less than 3% of the global Islamic Finance talents.”
One reason for this is the lack of consensus on a standard curriculum, which makes it difficult for the country to develop an internationally recognised centre for professional development; the critical area is the major markets in the Middle East.
In order to address the above situation, the Malaysian government has committed itself to improving both the Islamic Finance curriculum and its talent pool through project EPP-7 on Islamic Finance Education.
It is from EPP-7 that ICIFE was born.
- Curriculum development
- Course Module
- Dialogues and Workshops
- Latest updates on Islamic Finance education.
Meet the Team
Project Leaders & Special Project Teams
The Government’s aspiration is to ensure that Malaysia eventually becomes the Global Hub and Leading Centre for Islamic Finance Education. Special Project Teams were set up specifically for Talent Development and Curriculum Development. The Talent Development Team was assigned to the task of developing a talent-pool of relevant expertise on IFE while the Curriculum Development Team was made responsible for developing a comprehensive curriculum on Islamic Finance ranging from the baccalaureate degree to doctorate levels.
ICIFE’s 1st Annual General Meeting was carried out on 28th January 2014, where the Board of Directors of ICIFE were elected and appointed.