The Deloitte Middle East Islamic Finance Knowledge Center (IFKC) based in Bahrain has launched a collaborative research initiative with INCEIF – The Global University of Islamic Finance, Malaysia and the Henley Business School, University of Reading, UK. This initiative will pave the way for research as well as thought leadership pieces in the Islamic finance sector that will enhance the knowledge and skills of market participants and promote leading business practices through thought leadership programmes. “There is a vital need for industry-driven research that addresses the emerging practice, policy issues and growth opportunities in the realm of Islamic Finance,” Joseph El Fadl, Regional Leader, Global Financial Services Industry, Deloitte Middle East. A recent report by the Organization of Islamic Cooperation (OIC) confirms that the global market for Islamic financial services, as measured by the total volume of Sharia’a-compliant assets, is estimated to have reached US$ 1.1 trillion at end-2011. OIC countries, with a collective share of 98% in these assets, continue to be the main actors in the industry’s impressive growth story. “A successful outcome of this research partnership will go a long way toward demonstrating the value of industry-driven research, practice benchmarking of key markets such as MENA and [...]
The post Deloitte kicks off Islamic Finance research initiative with INCEIF and Henley Business School appeared first on Gulf Newswire.
