At a time when the world is struggling to recover from one of its worst economic calamities, the experts in the field are compelled to look for alternative economic systems that will protect the financial industry against similar global crises in the future. None of the conventional "man-made" economic systems have been able to bring about solutions in a satisfactory manner. Rather they have only inflicted severe hardships on businesses and industries from time to time.
In these circumstances, the attention of many prominent economists and financial specialists has of late been focused on the most reliable and the fairest economic system in the world- the Islamic financial system. This system had already taken ground, well before the recent crisis started, mainly in the field of banking and finance in many parts of the Islamic world. However the real value of the system was only recently felt with the financial debacle the world is currently experiencing, where the impact on it was negligible. In fact, according to Dow Jones, Islamic finance suffered only a two percent dent during the peak of the crisis and was able to survive it remarkably well while other financial institutions suffered severely. Recent estimates indicate that the Islamic financial services industry worldwide may grow to $4 trillion by 2010 from $1 trillion at present. Financial experts estimate the industry to grow at about 20% per annum.
FGKC is the only accredited training provider in Sri Lanka for the prestigious Chartered Institute for Securities & Investment (CISI), UK which offers the Islamic Finance Qualification (IFQ). It is also accredited to offer IFQ in the Maldives, Qatar, Bangladesh and Pakistan. The CISI (UK) is the largest and most widely respected professional body for those who work in the securities and investment industry. Formed as the "Securities Institute" in 1992 by the members of the London Stock Exchange, the Institute got charter status in November 2009.
For those who are interested in obtaining the professional membership of an internationally recognized body in the shortest possible time, IFQ is the ideal route. The IFQ course at FGKC is of 03 months duration and at its conclusion, one can sit the exam which is conducted in collaboration with the British Council, Colombo. First Global also has the rare distinction of being selected by the esteemed Abu Dhabi Commercial Bank (ADCB) of the UAE to train its nearly 1000-strong work force on Islamic Banking and Finance and by Doha Bank to train its staff on IFQ.
Considering the fact that a knowledge of conventional banking will assist those who intend working in a fully fledged Islamic Bank, FGKC has introduced another innovative programme of study in this rapidly expanding field. Branded as iBanker, this is a unique diploma level course which covers not only Islamic Banking & Finance but also conventional banking, risk management, and investments.
Those who complete this course will be able to get themselves employed in a fully fledged Islamic commercial bank anywhere in the world. Another feature of this course is that it covers the syllabus of the popular world recognized Islamic Finance Qualification exam (IFQ) of the Chartered Institute for Securities & Investment, UK. Therefore, this can be considered as a two-in-one programme which allows a student to get a recognized diploma and also to sit the IFQ (UK) exam.
First Global is making every endeavour to realize its dream of establishing a Shari'ah compliant international Islamic finance university by the year 2015. The initiative is to offer Bachelor and Postgraduate degrees in Islamic Banking, Finance, Management and other related fields along with a totally Shari'ah compliant environment.
Islamic Banking & Finance is an ideal discipline for those who are interested in pursuing a career in a dynamic and vibrant environment. A world of opportunity awaits those who have the vigour and passion to take up the challenge. The financial rewards and other perks of the industry are extremely attractive and what's more, it's still very much an unsaturated job market with plenty of opportunities available and growing day by day.
To obtain further information about the study programmes you may call over at First Global Knowledge Centre at No.4 Collingwood Place Colombo 6, Tel # 0117395090 or contact Rihab on 0770773440. |
E-mail
