Will need 1 million people with Islamic finance knowledge by 2020
Demand for Islamic finance professionals in on the rise and even
non-Muslims are entering into the industry whose assets are set to
double to $3.4 trillion by 2018.
The fast growing industry offers immense opportunities and will need 1 million people with Islamic finance knowledge by 2020, according to a report from the Malaysia International Islamic Financial Centre.
The Dubai government has voiced its ambition to be a global capital for Islamic finance and Islamic banks now command a roughly 25 per cent share of the banking market in Gulf Cooperation Council, according to an estimate by Ernst & Young, leading to a growing demand for professionals.
Malaysia, Indonesia and the GCC are the main Shariah-compliant industry centers but the demand and the growth is not just limited to Muslim countries.
The upward trajectory can be witnessed in non-Muslim countries and there is a strong demand for finance professionals to become better acquainted with these financial products.
The fast growing industry offers immense opportunities and will need 1 million people with Islamic finance knowledge by 2020, according to a report from the Malaysia International Islamic Financial Centre.
The Dubai government has voiced its ambition to be a global capital for Islamic finance and Islamic banks now command a roughly 25 per cent share of the banking market in Gulf Cooperation Council, according to an estimate by Ernst & Young, leading to a growing demand for professionals.
Malaysia, Indonesia and the GCC are the main Shariah-compliant industry centers but the demand and the growth is not just limited to Muslim countries.
The upward trajectory can be witnessed in non-Muslim countries and there is a strong demand for finance professionals to become better acquainted with these financial products.
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