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Darul Uloom Arabic College Vazhakkad Holds Islamic Finance Summit

– Radiance News Service

VAZHAKKAD, Malappuram, 20 Sep: Department of Islamic Finance, Darul Uloom Arabic College, Vazhakkad recently conducted Islamic Finance Summit in connection with graduation ceremony of MA Islamic Finance students.

DUA College is the first institution in Kerala under Calicut University to introduce Government Aided Post Graduate Course in Islamic Finance. This course was started in 2013; a lot of students have completed P.G course in Islamic Finance ever since.

Indian Centre for Islamic Finance (ICIF), AICL, VIBGYOR were the benefactors of the programme. Mr. Nimshid Rahoof, General Manager VIBGYOR group of companies (Public incorporated Non-Govt company), inaugurated the summit with a practical session on Islamic Finance in Practice. He shared his in-depth experiences and knowledge in the company’s financial information, ratio analysis, management, group structure, shareholding pattern and more.

Dr. Nasreena Ilyas, Post-Doctoral Fellow of Kerala State Higher Education Council (KSHEC), Department of Economics Govt. Arts and Science College, Calicut explained the Future Prospects of Islamic Finance in India and the world. She covered the growth of Islamic Finance Industry after the financial crisis in 2008, the functions of Islamic bank in GCC countries, Brazil, Malaysia, Brunei and so on.

Mr. Jaseel Abdul Wahid, Head of Operations at ICIF, also shared his insights and experiences as well as prospects of ethical and halal investments.

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