Purpose of the Conference
For Islamic finance leads, HR and talent managers, learning and development directors of companies, banks, insurers consultancies, accountants, lawyers, business schools and research leaders in the provision and advice on the growing discipline of Islamic finance.
This conference will provide solutions to an identified gap in the quality of education, training, support and expertise in Islamic finance developments. This is of critical importance to companies, advisory services, countries, regulators and academia as the role of Islamic finance grows worldwide.
How to develop the educated, training and accredited talent and expertise in the “east” and “west” to meet demand and realise opportunities in Islamic finance.
Speakers will set out solutions to:
- The lack of standardisation for training or global oversight within the field of Islamic finance training education and accreditation and how this can be solved
- The lack of clear understanding of what is a qualified professor or trainer – too much emphasis on academic credentials with inadequate understanding of the importance not only of Sharia doctrine, but Fiqh and its application to financial industries in banking insurance, company treasuries project finance
- Programmes called “Islamic finance” with inadequate professional applicable content
- The lack of appropriate foundation in Sharia and Fiqh, leading to experts who are not able to advance innovations or products in financial markets
- The under-representation of women in this discipline
Solutions for examination include:
- How to get investment into the human resource side to ensure comprehensive programmes with high quality curriculum are developed
- Developing the right approach to training and educating students, but also the generation of trainers – such as Professional Doctorates in addition to PhDs
- Developing programmes based in finance and business with a foundation that leads to more critical and innovative thinking and business solutions
- Professional bodies’ accreditation
- Creating a bridge between study and learning about Islamic finance and the practice of advice through the use of finance industry qualified staff rather than just academic staff, case studies and simulations, as in the Bridge programmes being adopted in the UK and US
- Building support among policy-makers, community and political leaders to improve quality of provision