Special training programme for Indians in Islamic finance

04 December, 2012

India-based Oasis academy in association with South Eastern University of Sri Lanka (SESUL) is offering a special training program of one month for students across India. It is a campus based programme in Sri Lanka's SESUL University and the course will commence from January 2013.

THE SPECIAL training programme in Islamic banking and finance is aimed mainly at students and professionals, who are seeking to have more than a basic understanding of the concepts and operating principles that apply to different types of Islamic banking in comparison to conventional banking.

Speaking about this Programme, Mufti Mohammed Salman Mazahari, course consultant and director, in a press release said, “The emphasis is on practical implementation of Islamic finance principles in the real world of finance. The course consists of more than 34 lessons structured around six modules with minimum three industrial visits”.

Why Sri lanka was chosen a destination, Mufti Salman said: “For Practical exposure Sri Lanka is a best option, as Islamic banking and Finance (IBF) industry is 15-years-old and it will help students to get a real feel of IBF in Sri lanka as interns."

Maintaining that SEUSL is a renowned university in the Islamic society worldwide, he informed that SEUSL operates under the direction of Government of Sri Lanka. It maintains links with governments and private institutions all over the world, such as Bradford University, UK, Indian universities and Colleges and the Association of Commonwealth Universities. The participants may be able to use this certificate to get placements in business organisations or Islamic financial institutions worldwide.

To market the course in India, the course consultant and director has appointed Blossom Media Pvt. Ltd as their marketing firm.

In this one month campus program the participants will learn about Fundamentals of Islamic Economics, Foundations of Islamic Banking and Finance, Islamic Commercial Law & Contracts, Islamic Modes of Finance, Islamic Treasury and Capital Market Operations, Takaful and Re Takaful: Principles and Operations. Lectures will be conducted by Islamic Finance scholars from Malaysia, Sri Lanka, India.

Course fee is INR 50000 for each participant, which including two-way air ticket between Chennai and Colombo, food, accommodation, course materials and certificate.