Training accreditation workshop for Islamic banking

Karachi: In order to provide a platform for entire Islamic Banking Industry of Pakistan, Meezan Bank organized first-ever training accreditation workshop for Islamic Banking in Pakistan at its Head Office jointly with Finance Accreditation Agency (FAA), Malaysia. The training was conducted by Dr. Amat Taap – CEO FAA.

This workshop was attended by prominent bankers and Shariah scholars of many Islamic banks, Islamic bank window operations of conventional banks, Modaraba Association and academic professionals. While conducting the workshop, Dr. Amat Taap – CEO FAA emphasized on the need of quality training in the Islamic Banking & Finance industry. He added that Pakistan is ranked as No. 1 in Islamic Finance education providers. He further briefed the audience on the importance, benefit and procedure of the proposed Finance Accreditation Program.

Ahmed Ali Siddiqui, EVP-Head of Product Development and Shariah Compliance (PDSC) – Meezan Bank, in his opening remarks stressed on the importance of capacity building as it is one the major challenges that Islamic Banking industry faces.

FAA is an international and independent quality assurance and accreditation body established by the Central Bank of Malaysia and Securities Commission Malaysia. FAA is responsible for quality assurance and promotion of learning initiatives within the financial services industry. The agency has association with many institutions and organizations which include CFA Institute (USA), CIMA (UK), IRTI (Islamic Development Bank) and the World Bank.

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