UMSKAL organised Islamic finance week

Saifuddin (front third left), Ahmad Aizuddin (front fourth left) , Dr Lee (front fifth left), Dr Suzilah (front sixth left) and Najwa (front seventh left) are seen with the participants.

March 13, 2019

LABUAN: Labuan Faculty of International Finance, Universiti Malaysia Sabah, Labuan International Campus (UMSKAL) had recently organised a successful ‘Minggu Kewangan Islam’ (Islamic Finance Week) at UMSKAL on March 4th till 9th. The theme of the programme was “Smart Finance”.

The spokesperson for the programme, Assoc Prof Dr. Hanudin Amin told that, the objective of the programme was to offer an exposure to the young intellectuals at UMSKAL and local residents in Labuan.

“This ingenious programme is organised by the Association of Islamic Finance Students of the Progamme of Islamic Finance (HE23).

“The activities involved including exhibitions of Islamic financial products, a forum, an Islamic finance talk, global zakat game, street soccer, blood donations and others. The participations are very encouraging,” he said.

The patron of the programme was the dean of the faculty, Assoc Prof Dr Zaiton Osman, an advisor Dr Suzilah Sidek (deputy dean, Student Affairs and Alumni), Ahmad Aizuddin Hamzah (coordinator and lecturer of Islamic finance) and Mohd Nur Saifuddin Samuddin (the programme director).

The programme was officiated by Assoc Prof Dr Lee Hock Ann, deputy dean (Academic and International). The opening ceremony was attended by Dr Suzillah, Najwa Mohd Khalil (Head of Programme of Islamic Finance, HE23), Ahmad Aizuddin and the programme director, Mohd Nur Saifuddin Samuddin.

Industrial players and students of the faculty were also attended.

The forum participated by Ustaz Ahmad Adha Zohdi, Assoc Prof Dr Hanudin Amin and moderated by Syed Syaqir. Two topics were addressed: zakat and Islamic banking issues.

The attendance and feedback from the audiences were encouraging and positive, said Dr. Hanudin.

The industrial talk by Ahmad Mukarrami Ab Mumin of RHB Islamic Bank delivered an interesting talk about the future of Islamic banking.

Ahmad Aizuddin, the coordinator said, “This programme is being conducted to expose students and society with the real landscape of Islamic banking industry. This programme can overcome misconceptions about Islamic banking and for that a positive public image on Islamic banking products is upheld.”

While, Saifuddin, the director of the programme, spoke that the programme was to inculcate a positive perception among the young intellectuals and local folks on Islamic banking industry, and thus could improve their receptiveness on Islamic banking products”.

Students who were involved found out such a programme was pleasing given a cogent participation by all parties in making the programme a success.

To date, this effort is in tandem with the nation’s Financial Sector Blueprint 2011-2020 to increase participation of millennials in Islamic banking in order to achieve 40 percent market share for Islamic banking in 2020.

The programme is an annual event of the Association, under the Labuan Faculty of International Finance, Universiti Malaysia Sabah. 

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