The University of Nottingham Malaysia Campus (UNMC) was recently conferred with membership of the International Council of Islamic Finance Educators (ICIFE) as an Institutional Member, lending further credence to the University's work in the area of Islamic Finance education, mainly through its Centre for Islamic Business and Finance Research (CIBFR) and the MSc Investment and Islamic Finance programme offered by Nottingham University Business School Malaysia.
The ICIFE, a global body for professional certification and accreditation for Islamic Finance education, was established under the Malaysian Economic Transformation Programme in an Entry Point Project co-led by Bank Negara Malaysia (the Central Bank of Malaysia) on the industry front, and the International Islamic University of Malaysia on academic development, together with Universiti Utara Malaysia and Universiti Sains Islam Malaysia. In line with the country's aspiration to become a global hub and leading centre for Islamic Finance education, the Council's main objective is to increase and maintain the professionalism of educators in Islamic Finance at national and international levels.
UNMC joins a host of regulators, accrediting bodies, and education and commercial institutions affiliated with the ICIFE, including Bank Negara Malaysia (the Central Bank of Malaysia), the Association of Islamic Banking Institutions Malaysia (AIBIM), the International Centre for Education in Islamic Finance (INCEIF), the International Shari'ah Research Academy for Islamic Finance (ISRA), the Finance Accreditation Agency (FAA), Universiti Sains Islam Malaysia, Universiti Utara Malaysia, Maybank Islamic Berhad, CIMB Islamic Bank Berhad and Bank Islam Malaysia Berhad.
More information on ICIFE can be obtained from their website.
Posted on 11th May 2015