INCEIF has signed a Memorandum of Understanding with Istanbul Sehir University of Turkey to establish a framework to facilitate joint efforts in increasing wide-spread use of Islamic finance in the country. This will be done through undertaking of research, training and education in Islamic finance.
To foster mutual collaboration in developing programmes for training and education in Islamic finance, both INCEIF and Sehir University would undertake activities that include exchange of resources, scholars and faculty for strengthening capacity building or seeking solutions for issues of common concern affecting the industry.

The MoU was signed by INCEIF President & CEO Mr Daud Vicary Abdullah and Sehir University Rector Mr Ahmet Ademoglu.

Though newly opened in 2010, Sehir University was established by the Science and Arts Foundation which has been delivering seminars and preparing students and academics for almost a quarter of a century. With this new MoU partner, INCEIF hopes to contribute towards the development of the Islamic finance industry in Turkey.