BSE Institute, TASIS to launch course in Islamic banking

Written by PTI | Mumbai | Updated: Mar 21 2013, 04:32am hrs
The BSE Institute, in association with Taqwaa Advisory and Shariah Investment Solutions (TASIS), has devised an online certification programme in `Islamic banking, finance and capital markets'.

The programme would be launched tomorrow, it said in a press release.

Islamic banking and finance is fast-emerging as a specialised area of finance and has already made its presence in over 75 countries with assets under it close to USD 1.5 trillion, it said.

The programme aims at improving financial inclusion through increased financial literacy, the release said, adding that improving the employability of the youth who want to make a career in overseas financial markets is another objective.

"The initiative is aimed at providing its students an understanding of the latest developments in the fields of Islamic banking, finance and the capital markets," BSE Institute managing director and chief executive Ambarish Datta said.

"Islamic banking and finance is growing at over 15 per cent annually and to be able to sustain its current growth the industry needs large numbers of professionals who need to be trained about its basic principles and practises," TASIS Director Shariq Nisar said.