AIMS (UK) Islamic Finance University Offers Islamic Finance Degree Programs in Singapore
Online, May 26, 2013 (Newswire.com) - Academy for International and Modern Studies (AIMS) a globally renowned Islamic Islamic Financial Institution (Academy for International Modern Studies, UKwww.learnislamicfinance.com) based in Rochester, United Kingdom has joined hands with Amanah Asset Management Pte Ltd to offer ...
Academy for International and Modern Studies (AIMS) a globally renowned Islamic Islamic Financial Institution (www.learnislamicfinance.com) based in Rochester, United Kingdom has joined hands with Amanah Asset Management Pte Ltd to offer Certificate, Diploma, and Degree programs in Islamic Finance - in Singapore. With an increasing rate of Muslims living in Singapore, an annual GDP of $327.557 billion, and a per capita of $61,046, Singapore is now one of the emerging markets for Islamic Shariah Banking & Finance. Singapore's economic growth is closely linked with the economic progress of the region as a whole.
AIMS Institute of Islamic Banking and Finance (www.learnislamicfinance.com) has signed a partnership agreement with Amanah Asset Management Pte Ltd (AAM) located in Singapore to promote Islamic Finance education and Shariah Finance consultancy services in Singapore. AIMS is a UK based world's leader to offer Islamic finance and banking training services, worldwide. AIMS offers several Islamic finance study programs, and they includes PhD in Islamic Finance, MBA/MSc degree in Islamic Banking Finance, Diploma in Islamic Banking and Certified Islamic Finance Expert (CIFE) qualifications. The academic programs offered by AIMS are designed by world's leading Islamic Finance professionals and practitioners, and they are offered 100% online with International credibility.
According to a recent global report in 2013, Islamic banking assets with commercial banks globally grew to USD 1.3 trillion in 2011, and one potential scenario projects it to reach USD 1.8 trillion in 2013, representing average annual growth of 17 per cent, says a report. Islamic finance assets are forecast to grow beyond the milestone of USD 2 trillion by 2014, the report added. Sharia finance and Islamic financial qualification has now been expanding worldwide, especially across Asian countries with intensity previously unseen.
With an increasing rate of Muslims living in Singapore and an annual GDP of $327.557 billion, and a per capita of $61,046, Singapore is now one of the emerging markets for Islamic finance institutions, with annual growth rate increasing tremendously. The first Islamic fund that was set up in Singapore in 2005 was around US$90m. The fund announced its initial closing in mid of 2010 with US$140 million invested by institutional investors from the Middle East and Asia. These deals added to the broadening range of Shariah compliant investments and also raised the depth and diversity of Singapore's Islamic finance and banking industry.
Singapore recognizes that there is an urgent need for Islamic finance qualification. With progressive effort in developing and nurturing Islamic finance education in Singapore, the development of the human capital needs for Islamic finance industry is essential. However, even the Muslim countries lack skilled Islamic Finance professionals, where Islamic finance education is increasing at a steady rate of 20% annually. Islamic finance educational programs have now been actively introduced through Islamic Banking Institutes, such as Academy for International Modern Studies (AIMS). Also, Amanah Asset Management in Singapore is committed to facilitate the growth and development of the Islamic Finance and Banking sector in Singapore.
Learning Methodology of AIMS (www.learnislamicfinance.com) academic programs is simple yet very comprehensive; with top notch Sharia banking and Islamic Finance training. Main objective of AIMS academic programs is to train highly proficient Islamic Finance professionals, who are fully capable to develop and manage Islamic Financial products and services. AIMS graduates are highly skilled and competent professionals, who are well qualified and practiced, not only with the Islamic Banking and Finance subjects, but also in other managerial areas. AIMS graduates are also highly capable of successfully managing Islamic Financial Institutions (IFIs), worldwide.