July 07, 2011 (LBO) – Amana Global, a fully-owned subsidiary of Sri Lanka’s Amana Takaful has signed a deal with Islamic Banking and Finance Institute of Malaysia (IBFIM) to offer training in Islamic finance. At present there is a dearth of professional services available to satisfy the demand, a company statement said.
“The move to launch such a program was driven by the emerging need for industry specific knowledge in the field of Islamic finance in Sri Lanka,” said Fawas Farook, General Manager, Amana Global.
“Malaysia has been in the forefront of the development of Islamic finance and is known to be a hub for industry best practices and knowledge on the topic.
Amana Global will work in partnership with First International Consultancy (Malaysia), which has experience in Islamic finance training, he added.
In the initial stage Amana Global, together with IBFIM, will offer short term courses for the public and corporate entities, including customised programs or modules.
We believe this approach will best suit the present need for learning and application due to higher levels of interaction and dealing with issues that are client specific, Farook said.