12 February 2019 First Global Academy, pioneers in Islamic Banking Education in Sri Lanka and an award winning and a Globally recognised institution announced it's next intake for the Dual Qualifications in Islamic Banking & Finance. The course covers the syllabus of Islamic Finance Qualifications (IFQ) of Chartered Institute of Securities & Investments (CISI)- UK.... Continue Reading →
LB Finance – ‘Al Salama’ Islamic Finance unit relocated at Maradana
LB Finance relocated its Deans Road Centre to a more spacious and convenient location at Deans Road, Maradana. The centre was opened by Assistant General Manager Roshan Jayawardena. Senior Management staff of LB Finance and well-wishers were present.The public around Deans Road and the surrounding areas can now experience the wide range of Gold Loan... Continue Reading →
CIPA – Certified Islamic Finance Professional Accountant from First Global Academy – Colombo
30 JAN 2019 First Global Academy to introduce CIPA course in Colombo. CIPA - Certified Islamic Professional Accountant, is Professional program certified by AAOIFI and is the only internationally recognized qualification in accounting for Islamic financial institutions, catering to all banking, investments, and Takaful segments. The CIPA program is intended towards development of, and enhancing... Continue Reading →
Islamic Finance Qualifications
Islamic Finance Qualification
Why is the Hong Kong government keen to issue Sukuk?
6th September 2018 Hong Kong Government successfully issued it’s third Sukuk, Islamic Bond, in February 2017. The article published by Wafee Yeung, Islamic Finance and Halal Certification Advisor in China and Hong Kong, in IFN on 3rd January 2018, provides some insights. Can Sri Lanka learn any lessons? Following articles are on Islamic Finance market... Continue Reading →
Islamic Development Bank’s (IDB) regional hub comes to Dhaka
6th September 2018 The Islamic Development Bank - Saudi Arabia, will officially launch its regional office in Dhaka next week. According to the Foreign Aid Budgetary Account of the ERD, Bangladesh was the fourth largest recipient of the IDB financing in 2017, receiving $900.6 million. The amount was 9.2 percent of the IDB's total financing... Continue Reading →
Asia’s Islamic finance industry growing stronger by the year
5th September 2018 Asia’s Islamic finance assets – excluding the Gulf Co-operation Council (GCC) – registered annual growth of 8.4% between 2011 and 2016 and stood at $528.7bn, or 26% of the world’s Shariah-compliant financial assets, at the end of 2017. Furthermore, Asia has grown to the largest market for sukuk, after $52.3bn or 52.5%... Continue Reading →
THE RISE OF ISLAMIC FINANCE
The aggregate capital of Islamic banks has grown from 200 billion USD to 3 trillion USD since the year 2000. Moreover, the share of Islamic finance in the global financial system sits between 5 and 6 percent, but according to analyst reports, the sector is expected to grow by 19.7 percent annually through 2018. Is... Continue Reading →
Dual Qualifications in Islamic Finance
MIT Global Group - Dubai and First Global Academy Sri Lanka, launching Dual Qualifications in Islamic Finance program commencing 15th September 2018, for 6 consecutive Saturdays. MIT Global Group Dubai in Collaboration with First Global Academy - Colombo, introducing a globally recognized Dual Qualifications program in #IslamicFinance to tap into the riches of a promising... Continue Reading →
Dubai: Islamic finance talent gap to reach 8,000 plus
Dubai: Islamic finance talent gap to reach 8,000 plus - March 2014 Dubai: Companies in the UAE will require a lot more than 8,000 new employees trained in Islamic finance next year as Dubai positions itself as the capital of the $8 trillion Islamic economy, a source from an institute told Gulf News. The bulk... Continue Reading →
Amana Bank pioneers in Islamic banking
Islamic Banking in Sri Lanka, 19th February 2013 Amana Bank pioneers in Islamic banking Amana Bank has been successful in delivering significant advantages to Sri Lankan customers through its wide range of innovative and cutting edge banking solutions. Amãna Bank Managing Director / Chief Executive Officer, Faizal Salieh in an interview with Daily News Business... Continue Reading →
Islamic Banking vacancies @ Amana Bank
Islamic Banking in Sri Lanka - January 14th, 2013 Vacancies for Business Development Officers at Amana Bank CLOSING DATE: 21st January 2013 The profile: Possess an outgoing personality with a flair for sales Be below 25 years of age Experience in Banking Sales would be a definite advantage Key Accountabilities: Promote the Bank's products to... Continue Reading →
Sri Lankan University to offer Islamic Finance to Indian students
Islamic Finance in Sri Lanka, December 07th, 2012 SOUTH EASTERN UNIVERSITY OF SRI LANKA to offer a one month Special Training program on Islamic Finance. The program commences in January 2013. By Ziaulla Namani (source: http://www.indianmuslimobserver.com/2012/12/special-training-programme-for-indians.html) Indian based Oasis academy in association with South Eastern University of Sri Lanka (SESUL) is offering a special training... Continue Reading →
Understanding Islamic Finance by Muhammad Ayub
Gain a full understanding of the key business ideas in Understanding Islamic Finance by Muhammad Ayub. Muhammad Ayub provides a thorough report on the major economic and political ramifications of Islamic finance, now practiced in more than 75 countries. This system follows specific, religion-grounded financial policies. For instance, it accommodates Riba, the Islamic prohibition of... Continue Reading →
Islamic Microfinance
23rd January 2011 Please visit my latest blog on Islamic Microfinance. http://islamicmicrofinance.wordpress.com
Vacancy at Amana Bank
January 4th, 2020Junior Executive – Prestige Banking Job Role: Meet & greet walk-in customers to the unit.Provide courteous service by answering phone/email queries with sound product knowledge.Advising customers on investment products & structuring them to suit their lifestyles.Carry out internal, external & outward TT customer transfers and follow up with internal departments.Carry out account opening... Continue Reading →
First Lankan to get distinction in MSc in Islamic Finance & Accounting from Staffordshire University
31 JAN 2019 Muhammed Badurdeen Muhammed Nawaz is the first Sri Lankan to receive distinction in Master of Science (MSc) of Islamic Finance & Accounting from Staffordshire University, United Kingdom. Click here to read the article
Islamic Banking Diploma
First Global Academy - offering Dual Qualifications Islamic Finance. Classes on Saturdays from 8.30 a.m. to 1.30 p.m. Location: First Global Academy, No. 4, Collingwood Place, Colombo 6 Phone: 011 7395090, 0777 703567, 0774 616710 Emai: info@firstglobalacademy.com http://www.firstglobalacademy.com Mr Muhammed Ikram Thowfeek- Founder/Chairman MIT Global Group -Dubai and First Global Group, Dr Muhammed Burhan Arbouna... Continue Reading →