Education Corner

Islamic finance graduates: Do we have an unemployment issue?

As the number of graduates from Islamic finance programs increases, the demand for employability skills that students learn during their time in universities and colleges also increases. Thus, there has been growing interest in the development of ‘employability skills’. The issues surrounding human capital across the global Islamic finance industry today typically highlight the shortage …

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Islamic Social Finance Center: A tangible outcome from Islamic finance training

To meet the growing social and economic needs of Muslims in the Philippines, especially on their traditional turf in Mindanao, a newly formed Islamic Social Finance Center (ISFC) was launched on the 14th July 2018 in the Philippines. In unveiling the programs of the ISFC, Amanoding D Esmail, the center’s founder said before an audience …

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Islamic finance education in Muslim-minority countries

The Muslim population in the Philippines accounts for 5-11% of the total population. Approximately 60% of Muslims reside in Mindanao and nearby islands.   Interest in developing Islamic finance in the Philippines was demonstrated in recent years by the government, legislators and the private sector. The primary factor is the desire to address the needs of …

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Current issues and the way forward in quality assurance of Islamic finance programs

The emergence of Islamic banking and finance requires qualified human capital to sustain the system. Therefore, today we see a growing number of institutions offering Islamic finance programs all over the world. Hence, it is crucial to assess the quality of these programs as well as the quality and competency level of graduates. To address …

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Islamic finance education: A global outlook

The growth of the Islamic finance industry significantly requires talented people, especially in countries such as Russia, Kazakhstan, Tajikistan, Algeria, Tunisia and Morocco where Islamic finance is a comparatively new phenomenon with significant government support. To have continuous success, such developments should be supported by an adequate number of talents and experts in the field. …

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