INCEIF (International Centre for Education in Islamic Finance) was set up by Bank Negara Malaysia (Central Bank of Malaysia) in 2005 to develop human capital for the global Islamic finance industry. Commonly known as INCEIF - The Global University of Islamic Finance, it is the only university in the world dedicated to Islamic finance. INCEIF is part of Malaysia's initiative to promote education in Islamic finance for the domestic and international finance community.
In August 2007, the Ministry of Higher Education Malaysia accorded INCEIF with the university status. In February 2009, Bank Negara Malaysia Governor Tan Sri Dato' Sri Dr. Zeti Akhtar Aziz was officially proclaimed as the first Chancellor for INCEIF. The proclamation is in accordance with the constitution of INCEIF where Tan Sri Dr Zeti Akhtar, as the Chairman of INCEIF's Board of Directors, assumes the position of Chancellor. The proclamations were made during the first convocation in 2009 where INCEIF admitted its first batch of graduates, who completed the flagship programme Chartered Islamic Finance Professional (CIFP).
Apart from its academic programmes, which are CIFP, Masters in Islamic Finance Practice (MIFP), MSc in Islamic Finance and PhD in Islamic Finance, INCEIF also undertakes customised executive education programmes and industry-focused applied research. The curriculum at INCEIF is structured with inputs from Shariah scholars and industry players to bridge the gap between academic knowledge and industry experience. Its faculty members provide INCEIF students with mentoring relationships and opportunities for professional development. INCEIF is governed by a Governing Council. Supporting the Governing Council is the Professional Development Panel whose role is to set performance standards to ensure a high quality of programme content and the Executive Committee.
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Academic Programmes
INCEIF offers the following programmes:
- Chartered Islamic Financial Professional (CIFP) - a postgraduate qualification aimed at producing professionals with knowledge, analytical tools and perspectives in Islamic finance.
- The Masters in Islamic Finance Practice (MIFP) - a postgraduate programme aimed at producing industry practitioners with global insight and holistic knowledge in Islamic Finance.
- The MSc in Islamic Finance - a programme addressing key areas of Islamic economics, finance and Shariah from both the theoretical and applied aspects.
- Doctor of Philosophy in Islamic Finance - an industry-driven programme concerning Islamic and conventional finance.
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Key Partnerships (As at January 2014)
Malaysia
- Universiti Tun Abdul Razak (UNIRAZAK)
- Universiti Sultan Zainal Abidin (UNISZA)
- BNP Paribas
- Prudential BSN Takaful Berhad
- OCBC Al-Amin
- Hay Group
International
- Islamic Financial Services Board
- Islamic Development Bank
- World Bank
- University of Reading (UK)
- University of East London (UK)
- Kuwait Finance Research Ltd (Kuwait)
- Capital Market Licensing & Training Agency (Turkey)
- Capital Market Board of Turkey (Turkey)
- Istanbul Sehir University (Turkey)
- University International of Rabat (Morocco)
- CESAG (Senegal)
- Kenya School of Monetary Studies (Kenya)
- College of Banking and Financial Studies (Oman)
Source of the article : Wikipedia
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