Internationalization of Islamic Finance - Link for Global Partnership Among Muslim Nations

Transcription

1. Internationalization of Islamic finance : Link for global partnership among Muslim nations Hassanuddeen Abd. Aziz Chair, Islamic Finance Scientific Chair Effat University, Saudi Arabia
2. Outline u   Principles of Islamic Finance u  Overview on Islamic finance development and growth u  Islamic finance internationalization u  Future of Islamic Finance human capital development
3. Principles of Islamic Finance u   Prohibition of riba u  Prohibition of maysir u  Prohibition of gharar u  Prohibition of trading in non halal assets and businesses
4. Islamic finance development and growth
10. Challenges for Islamic finance internationalization u   Language u  Religion u  Social norms (culture) u  Political aspects u  Legal dimensions u  Economic dimensions u  Income, population, and education (geographical dimension)
11. Islamic finance journals u   Journal of Islamic Accounting and Business Research u  International Journal of Islamic and Middle Eastern Finance and Management u  Journal of Islamic Banking and Finance u  Journal of Islamic Finance u  International Journal of Islamic Financial Services (Inactive) u  Journal of Emerging Economies and Islamic Research u  Journal of Islamic Economics Banking and Finance u  International Journal of Islamic •  •  •  •  •  Humanomics Journal of King Abdul Aziz University: Islamic Economics Islamic Economic Studies ISRA International Journal of Islamic Finance Journal of Muamalat and Islamic Finance
12. Universities and Institutes offering courses and training related to Islamic Academy for International Modern Studies (USA) – MBA in Islamic Banking Finance u  u  Al Jamia Al Islamia (India) – Post Graduate Diploma in Islamic Economics and Finance u  Bahrain Institute of Banking and Finance, Professional training Institute (Bahrain) – Diploma in Islamic Accounting and Compliance u  Chartered Institute of Management Accountants (UK) – Certificate in Islamic Finance u  City University London, Cass Business School (UK – UAE) – Executive MBA in Dubai u  Dadabhoy Institute of Higher Education (Pakistan) – MBA In Islamic Banking And Finance u  Durham University (UK) – MA and MSc in Islamic Finance u  Strasbourg Management School (France) – Diploma in Islamic Finance u  Effat University (Saudi Arabia) – Master of Islamic Financial Management
13. u   Latrobe University, Faculty of Law and Management (Australia) – Master of Islamic Banking and Finance u  London School of Business and Finance (UK) – MSc in Islamic Finance and Banking u  Newcastle University (UK) – MSc Finance & Law with Islamic Finance u  Salford Business School (UK) – MSc in Islamic Banking and Finance u  Sapienza Universita Di Roma (Italia) – Master’s Degree in Mediterranean and Arab Finance and Banking u  The International Centre for Education in Islamic Finance (Malaysia) – Masters in Islamic Finance u  The Markfield Institute of Higher Education (UK) – Master in Islamic Banking Finance and Management u  Trisakti University (Indonesia) – Post Graduate Program on Islamic Economics and Finance u  Paris-Dauphine (France) – Diploma in Principles and Practices of Islamic Finance u  Tun Abdul Razak University (Malaysia) – MBA in Global Islamic Finance
14. Future of IF human capital development u   Collaboration between institutions offering Islamic finance programs u  Consolidation and harmonization of Islamic finance programs across countries u  Development of specific programs under the Islamic finance area u  Focus on the current practices of Islamic finance industry u  Establish strong ties between the industry needs and programs offered u  Extensive and rigorous research in Islamic finance: Knowledge building