Efforts to build local expertise in Islamic Finance

| Thursday, July 7, 2011

Amana Global, a fully owned subsidiary of Amana Takaful PLC has signed an MOU with a Malaysian Finance institute to build capacity in the local Islamic Finance Industry.
The Malaysian partner is the Islamic Banking and Finance Institute of Malaysia.
The Company says the move will help build industry specific knowledge in the field of Islamic Finance in Sri Lanka.
“At present there is a dearth of professional services available to satisfy the demand” added a statement issued by the Company.
Initially the aim of the program would be to offer short term courses for public audiences and corporate entities on the subject of Islamic Finance.
Fawas Farook, General Manager of Amana Global Limited speaking about the initiative said  “We have also sought a facilitator to make this partnership work and thus brought in First International Consultancy (Malaysia), which possesses a wealth of experience in propagating Islamic Finance learning”.
Amana Global is a BOI approved venture, established to provide advisory services in the field of Islamic finance both locally and internationally.

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