Islamic Financial Sector Development (IFSD) Forum 2008

Human Capital Development for Islamic Financial Industry: Challenges and Initiatives

Sunday, 27 Jumad Awwal 1429H (June 1, 2008)
Jeddah Hilton Hotel – Al Qasr Hall (B), AM 8:00 - PM 18:00

About the IFSD Forums

The demand for Islamic financial services is growing in several jurisdictions worldwide and the industry has already become significant systemically. The IFSD Forums initiated by General Council of Islamic Banks and Financial Institutions (CIBAFI) and IRTI in 2006 aim at providing a platform for strategic policy dialogue for sharing country and institutional experiences with regard to developing the various segments of the Islamic financial services industry (IFSI); identifying key challenges of the industry's different segments in an integrated manner and promoting cooperation, knowledge sharing and partnership in alleviating the challenges thus facilitating the industry’s orderly development, competitiveness and stability.

Human Capital Development for  IFSI: Challenges &  Initiatives

The IFSD Forum 2008 will highlight the role that various stakeholders at macro, meso and micro levels need to play in developing the required human capital for the IFSI. At the macro level, the most pertinent policy option for dialogue is the introduction of Islamic finance courses at various levels of the educational system. At the meso level, there are key institutions engaged in capacity building such as specialized training institutions, consultancy organizations and professional bodies that need to be engaged in the dialogue process. At the micro level the actual suppliers of the educational services such as schools, colleges, universities and madaris are the stakeholders and need to be included in the dialogue process. In addition to the above 3 groups of stakeholders the other important players are a) the Islamic financial services industry as the ultimate users of the educational services and human resources and b) the international and regional donors that play an important role in capacity building.

The challenges and initiatives will be addressed by the leaders of the industry and the academia and other stakeholders in the following sequence:

TENTATIVE PROGRAM

        8:00-8:20 OPENING SPEECHES

- Dr. Ahmad Mohamed Ali, President, Islamic Development Bank Group
- Sheikh Saleh Kamel, Chairman, General Council of Islamic Banks and
  Financial Institutions, Bahrain

8:20-8:30 KEYNOTE SPEECH

- Prof. Dr. Rifaat Ahmed Abdel Karim, Secretary General, Islamic Financial
  Services Board, Kuala Lumpur, Malaysia

8:30-9:30 Session – 1: An Overview of Human Capital Needs for the Islamic Financial Services Industry for the next 10 Years

- Dr. Mabid Al-Jarhi, Emirates Islamic Bank, UAE
- Yousry Yusoff, Islamic Financial Services Board

9:30-10:00 Tea Break
10:00-11:30 Session – 2: Challenges and Initiatives of Human Capital development through Islamic Finance Education at Intermediate and
Undergraduate Levels

- Prof. Dr. Volker Nienhaus, Rector, Marburg University, Germany
- Dr. Abdullah Turkistani, CRIE, King Abdul Aziz University, Jeddah

11:30-12:30 Session – 3: Challenges and Initiatives of Human Capital Development through Courses in Religious Educational Institutions

- Justice (retired) Sheikh Taqi Usmani, Dar Al Uloom Karachi, Pakistan
- Prof. Dr. Mohamed Ali Elgari, King Abdul Aziz University, Jeddah

12:30 – 14:00 Zuhr Prayer and Lunch Break
14:00-15:00 Session – 4: Challenges and Initiatives of Human Capital Development through Islamic Finance Education at Graduate Level

- Prof. Dr. Rodney Wilson, Durham University, UK
- Prof. Dr. Hatem Al Qaranshawi, Qatar Foundation, Doha Qatar

15:00 - 16:00 Session – 5: Challenges and Initiatives of Human Capital Development through Training and Islamic Finance Professional
Certifications
16:00 -16:30 Asr Prayer & Tea Break

- Prof. Dr. Abdulhamid Al-Junaid, INCEIF, Kuala Lumpur, Malaysia
- Dr. Mohammad Biltaji Banking Institute, SAMA, Riyadh, Saudi Arabia

16:30 - 17:30 Session – 6: Human Capital Development for the Islamic Financial Services Industry: Role of Stakeholders

- Dr. Abdulaziz Mustafa, Director, Human Capital Development Department,
  Islamic Development Bank, Jeddah
- Mr. Hasseeb Siddiqui, Central Bank Bahrain

17:30-18:00 Concluding Session

CONTACTS

Islamic Research & Training Institute (IRTI)

Islamic Development Bank Group


Jeddah, Saudi Arabia

Email: ibfd@isdb.org,

Fax: +966 2 6378927

General Council of Islamic Banks and Financial Institutions, (CIBAFI)

Manama, Bahrain
Email: cibafi@cibafi.org

Fax: +973 17 229971

 

                                                        

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