Is­lamic Fi­nance for a ver­sa­tile ca­reer

The Star Malaysia - Star2 - - HIGHER EDUCATION -

THE Is­lamic fi­nan­cial sys­tem has gained a healthy growth glob­ally and, be­cause of its re­silience, is in­creas­ingly be­ing con­sid­ered a sta­ble and vi­able al­ter­na­tive to the con­ven­tional sys­tem.

With the grow­ing de­mand, banks, insurance com­pa­nies and cap­i­tal mar­kets glob­ally are com­pet­ing to de­velop Is­lam­i­cor Syariah-com­pli­ant fi­nan­cial prod­ucts and ex­pand on re­lated ser­vices.

Is­lamic fi­nance is a niche fi­nan­cial sub-sec­tor for those who seek knowl­edge on fi­nan­cial ac­tiv­i­ties that are com­pli­ant with Is­lamic law.

It ranges from the flow of funds to the chan­nelling of funds to per­mis­si­ble ( ha­lal) ac­tiv­i­ties ac­cord­ing to Syariah.

There is a dearth of spe­cial­ists in Is­lamic fi­nance across ma­jor mar­kets and the de­mand for knowl­edge­able tal­ent grows as global bank­ing and fi­nan­cial gi­ants ex­pand their foray into Is­lamic prod­ucts and ser­vices.

To groom com­pe­tent and ver­sa­tile tal­ent for the global Is­lamic fi­nan­cial mar­ket, Ma­ni­pal In­ter­na­tional Univer­sity (MIU) of­fers a Bach­e­lor in Busi­ness Ad­min­is­tra­tion (Hons) Is­lamic Fi­nance pro­gramme.

The three-year un­der­grad­u­ate de­gree in­cor­po­rates an in­tro­duc­tion to prin­ci­ples of Syariah and its ap­pli­ca­tion to eco­nomic is­sues and fi­nan­cial trans­ac­tions.

Spe­cialised sub­jects taught in the BBA (Hons) Is­lamic Fi­nance pro­gramme in­clude Is­lamic Busi­ness Trans­ac­tions, Is­lamic Eco­nom­ics, Is­lamic Bank­ing and Fi­nan­cial Ser­vices and Is­lamic Ju­rispru­dence, among oth­ers.

The study fo­cuses on prin­ci­ples and prac­tices of Is­lamic Fi­nance. Knowl­edge of Ara­bic is not re­quired.

The pro­gramme is aimed at broad­en­ing one’s per­spec­tive on the fi­nan­cial sec­tor – in both con­ven­tional and Is­lamic – in tan- dem with global de­vel­op­ments and com­pet­i­tive­ness.

Clearly, Malaysia leads in Is­lamic Fi­nance and the coun­try needs com­pe­tent grad­u­ates and lead­ers to sus­tain and strengthen its dom­i­nance in the field.

A study in Is­lamic fi­nance opens doors to a myr­iad of em­ploy­ment op­por­tu­ni­ties, not just in Malaysia but also across the world.

At MIU, a grad­u­ate in Is­lamic Fi­nance is trained to be more ver­sa­tile and adept in both the con­ven­tional and Is­lamic fi­nan­cial sys­tems and prac­tices.

In ad­di­tion to bank­ing, grad­u­ates with a de­gree in Is­lamic Fi­nance will be in de­mand in the cap­i­tal mar­kets, insurance and wealth man­age­ment in­dus­tries.

MIU is re­ward­ing de­serv­ing re­cip­i­ents over RM2.5mil worth of schol­ar­ships. This in­cludes up to 100% schol­ar­ship for Foun­da­tion Pro­grammes and mul­ti­ple waivers off tu­ition fees based on SPM re­sults.

For the Fe­bru­ary 2014 in­take, stu­dents can ap­ply and qual­ify for schol­ar­ships based on their SPM trial exam re­sults.

MIU also of­fers study grants for de­gree pro­grammes based on STPM, A-Level or equiv­a­lent ex­am­i­na­tions. De­tails and ap­pli­ca­tion form can be down­loaded from MIU’s web­site.

MIU’s will be pre­sent­ing a se­ries of road­shows na­tion­wide un­til Jan 12 in Kam­par, Teluk In­tan, Si­ti­awan, Perak; and Ka­jang, Rawang, Klang, Se­lan­gor.

Stu­dents and par­ents can also at­tend MIU’s Open Day on Jan 4 and 5 to dis­cuss study op­tions and ca­reer coun­selling.

MIU is of­fer­ing an early bird gift worth over RM1,600 for the first 200 reg­is­tra­tions made be­fore Dec 31 for its Fe­bru­ary 2014 in­take.

For more in­for­ma­tion, go to www.miu.edu.my or call 1800 222 648.

A de­gree in Is­lamic fi­nance opens doors to a myr­iad of em­ploy­ment op­por­tu­ni­ties in Malaysia and across the world.

Univer­sity (MIU) is

ready to Ma­ni­pal In­ter­na­tional

for the global groom com­pe­tent

and ver­sa­tile tal­ent Is­lamic fi­nan­cial mar­ket.

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