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40,000 new finance positions in Islamic finance in the next decade

Nafis-Alam

Bank Negara Malaysia estimates that up to 56,000 new finance industry positions will be needed in the next decade, including up to 40,000 jobs in Islamic finance,” said Dr Nafis Alam, Director of the Centre for Islamic Business and Finance Research (CIBFR), The University of Nottingham Malaysia Campus (UNMC) at the 11th World Islamic Economic Forum (WIEF) 2015.

“Given the huge demand for Islamic finance graduates, UNMC is taking a lead with suitable postgraduate and undergraduate programmes in the Islamic banking and finance domain," Dr Alam said.

Dr Nafis Alam was invited as a panel member for a forum on Islamic Finance Education and Skills hosted by the UK Trade & Investment Malaysia at the 11th World Islamic Economic Forum (WIEF) 2015 held at the Kuala Lumpur Convention Centre Malaysia recently.

At the panel discussion, Dr Nafis shared his views on how research done on critical issues surrounding global Islamic finance industry work at the University of Nottingham fits into the development of Islamic Finance education at its Malaysia campus. He also emphasised on the initiatives of University of Nottingham in the internationalisation of education by leveraging on the expertise of academicians at the University’s campuses in Malaysia and China."

The forum was inaugurated by The Rt. Hon. Lord Tariq Ahmad of Wimbledon, Parliamentary Under Secretary of State, United Kingdom and moderated by Tony Collingridge, Director of UK Trade & Investment, Malaysia. The other panellists were Daud Vicary, President and Chief Executive Officer, International Centre for Education in Islamic Finance and Ken McGowan, Regional Director – Asia, Chartered Institute for Securities and Investment (CISI).  

About WIEF

The WIEF is the most prestigious event in the Islamic Economic event calendar which oversees the continuous promotion of Islamic economy globally. The WIEF convenes world leaders, government representatives, economists, academia, and the business community to address critical economic and social issues in the Islamic economies across the world. The conference aims to “Build Bridges through Business”, the WIEF has been hosted annually since 2005 in several countries.

About Islamic finance courses at UNMC

The University of Nottingham Malaysia Campus offers a Masters programme specialising in Islamic finance, namely the MSc in Investment and Islamic Finance. The one-year full-time course aims to develop graduates who can critically evaluate, and have knowledge and skills in fundamental Islamic management disciplines, while also including specialist modules in various areas of Islamic finance and investment.


UNMC's 15th Anniversary

One of the world's truly global universities, with campuses in Malaysia, the UK and China, 2015 marks the 15th year since setting up as UK's first full-fledged international campus in Malaysia and all three campuses continue to enrich the lives of students across the world through global education, ground-breaking research and community engagement.


More information is available from Dr Nafis Alam on nafis.alam@nottingham.edu.myor Josephine Dionisappu, PR & Communications Manager on +60389248746, josephine.dionisappu@nottingham.edu.my.                                                               

                                                                            -Ends- 

Notes to editors: The University of Nottingham has 43,000 students and is ‘the nearest Britain has to a truly global university, with campuses in China and Malaysia modelled on a headquarters that is among the most attractive in Britain’ (Times Good University Guide 2014). It is also one of the most popular universities in the UK among graduate employers and the winner of‘Research Project of the Year’ at the THE Awards 2014. It is ranked in the world’s top one per cent of universities by the QS World University Rankings, and 8th in the UK by research power according to REF 2014.


The University of Nottingham in Malaysia (UNMC)is holding events throughout 2015 to celebrate 15 years as a pioneer of transnational education. Based in Semenyih, UNMC was established as the UK's first overseas campus in Malaysia and one of the first world-wide


Impact:The Nottingham Campaign, its biggest-ever fundraising campaign, is delivering the University’s vision to change lives, tackle global issues and shape the future.


Posted on 16th November 2015

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