Indian business school students get a taste of Islamic Finance

Mumbai: As part of its commitment to build Islamic finance awareness in India, Infinity Consultants - a Shari’a-compliant advisory firm based in Bangalore, launched a campus-talk initiative titled “Opportunities in Islamic Banking and Finance.”

Saif Ahmed, Managing Partner at Infinity and a former Islamic banker and Wall Street investment banker delivered talks at some of the leading business schools across the country.
 

Saif addressed hundreds of students in over 15 institutions across India and received tremendous feedback from the students as well as the faculty.

Drawing on his experience as a former Islamic banker, Saif stressed on the underlying ethical nature of Islamic financial products during his talks and offered many practical insights on how to prepare for a career in this industry.

The students are overwhelmed by the lectures on what they termed as new and promising career in the filed that was not known to them.

"This event was an eye-opener for all the students and showed us a brand new career path and an opportunity that we were not aware of", said Harsh Saxena, an MBA student of Symbiosis School of Banking Management, Pune.
 

Ramesh P. A. DGM, Corporate Relations, Indian Business School (IBS), Bangalore also expressed similar feeling. "An eye opener to the world of Islamic banking and the opportunities that exist in this field", he said.
 

"The slides added impetus to your words, and gave everyone a good idea about the intricate differences between traditional and Islamic finance. This could not have been accomplished with such simplicity from any other source." Managing Committee, Finnacle Investments Club Institute of Management Technology (IMT), Ghaziabad
 

Several institutions have also expressed interests to include an Islamic finance elective in their curriculum.

Infinity Consultants is actively pursuing Islamic finance training and development in India through its exclusive partnership with Ethica Institute of Islamic Finance, a leading global provider of Islamic finance education.

Even though Islamic finance is one of fastest growing segments of global finance and the largest alternative financial system in the world today, the absence of a formal Islamic banking industry in India has led to limited awareness among Indians on the scope and opportunities available in the industry.

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Picture of the Day

Dr Shariq Nisar, Director of Research and Operations of India’s premier shariah advisory firm TASIS and one of the senior most professionals of Islamic Finance in India, was in Malegaon on Sunday to address a seminar on "Prospects of Islamic Finance in India".

(Photo: ummid.com)