Skip to main content

The ICMA Centre Leads the Way as Interest in Islamic Finance Grows

A recent article published in the Wall Street Journal highlights the growing interest in Islamic Finance. The sector is now seen as a thriving industry, with many keen to study the specialised area. Business schools are now tailoring their courses to reflect these needs and structuring degrees to train students in investments that comply with Quranic Law.

A recent article published in the Wall Street Journal highlights the growing interest in Islamic Finance. The sector is now seen as a thriving industry, with many keen to study the specialised area. Business schools are now tailoring their courses to reflect these needs and structuring degrees to train students in investments that comply with Quranic Law.

In 2007 the ICMA Centre, already aware of this growing trend, launched the UK's first collaborative MSc in Investment Banking and Islamic Finance , to be taught jointly with INCEIF (International Centre for Education in Islamic Finance) in Kuala Lumpur.

The MSc is the first in the UK to use Islamic material taught by Islamic specialists and aims to capture the increasing demand for the subject with an academic base and practical views on issues such as Islamic finance, economics and law. Students are taught by leading Islamic Finance specialists and this year the Centre has enrolled ten students on its MSc course.

Published 9 November 2009

You might also like

ICMA Centre academic gives talk to the European Systemic Risk Board

26 February 2020
Dr Simone Varotto gave a talk to an expert group of the European Systemic Risk Board, based on his recently published paper jointly authored with former PhD student of his, Zary Aftab.
Business News

The LIBOR/ TIBOR ‘Scandal’

12 February 2013
The large fine imposed on RBS last week suggests that a ‘scandal’ took place in the banking world over the setting of LIBOR. Yes – there was probably systematic mis-pricing of LIBOR which enabled some traders and some banks to profit at the expense of others. But the LIBOR issue simply highlights a much wider problem in financial markets which is that many ‘prices’ quoted in markets are not market prices at all. Instead they are prices based on computer models, matrix pricing or sheer guesswork, which may or may not produce ‘accurate’ prices. The reason for using computers models and guesswork is that in many financial products there actually are no transactions at all or very few even over periods of some weeks or months and thus no market prices.

Industry Insights - Leadership and Performance Under Pressure with Matthew Whitfield

28 February 2020
Matthew Whitfield joined us at the ICMA Centre on the 12 February 2020 to discuss how to perform under pressure and talk about leadership.
Industry Insights reviews