By Muslim Mirror News,
New Delhi, August 14: IIM Kashipur (Uttarakhand) has announced a new Management Development Program titled “Islamic Banking & Finance”. The two-day certificate program is to be held at the India Islamic Cultural Center in New Delhi on August 24?25, 2013. The program is the first such executive course offered by a business school in the country on Islamic banking, which is considered the largest alternative financial system in the world today, growing at double digit growth rates with a presence in 75 countries and a total size of approximately of $2 trillion.
The program is designed to give participants a thorough grounding in the key concepts, products and applications of Islamic banking and finance along with an understanding of the latest developments in this industry and ideas for its implementation in India.
Announcing this initiative, Prof. K.M. Baharul Islam, Chairperson (Planning and Development) at IIM Kashipur explained the need for such a program in India given the huge interest in this subject among various sections and the growing demand for Islamic finance and banking solutions in the country. The program will be conducted in partnership with Infinity Consultants, a Bangalore based advisory firm focused on training and development of Islamic finance in India.
Commenting on the program, Saif Ahmed a former Islamic banker and Managing Partner with Infinity Consultants stated that “India offers a huge potential to develop innovative Islamic finance solutions in areas such as microfinance, consumer finance and FDI infrastructure investments within existing regulations, and for this we need qualified human capital that this program seeks to develop. We are very excited about partnering with IIM Kashipur on this new venture and hope to conduct similar programs going forward.”
Details of the Program