INCEIF Continues To Contribute Towards Maldives’s IF Capacity and Capability Building

Male, Maldives, 24 Feb, 2017 – INCEIF & ISRA today donated books on Islamic finance to Islamic University of Maldives (IUM) as part of the effort to build up the knowledge repository of Islamic finance in Maldives.


Mr Ezamshah (left) and Dr Mohamed with some of the books donated to IUM Library.

To mark the event, IUM also launched an online library facility to access the online resources of INCEIF’s Knowledge Management Centre. The facility was launched by both IUM Chancellor Dr Mohamed Shaheem Ali Saeed and INCEIF Dean of School of Professional Studies Mr Ezamshah Ismail at IUM’s Library at the university’s campus. With the launch, IUM students can now access to INCEIF’s large source of online materials related to Islamic economics, banking and finance.

INCEIF recently  signed a MoU and MoA with IUM which paved the way for closer and more significant collaborations between INCEIF and IUM, particularly in promoting activities related to the development and expansion of knowledge in Islamic finance. Beginning January this year, with INCEIF’s assistance, IUM has started to offer diploma and foundation level programmes in Islamic finance at its campus.

Mr Ezamshah (left) and Dr Mohamed launching the online library at IUM Library.

Since 2014, INCEIF has been helping various parties in Maldives to develop the country’s Islamic finance sector through capacity and capability building. Apart from IUM, INCEIF has been working with Maldives’ Capital Market Development Authority and in collaboration with IUM, to offer opportunities for Maldivians to pursue the Masters in Islamic Finance Practice in Male. The first batch of students, who began the programme in 2014, have graduated last year.

Last year, INCEIF has the honour of hosting Maldives’s Minister of Education Dr Aishath Shiham on campus for an official visit. The visit was to further strengthen the collaboration between INCEIF and Maldives which sees the university playing a significant role in delivering Islamic finance knowledge to Maldivians in their country. During the visit, the Minister had a meeting with the INCEIF management as both seek to further the collaboration including the possibility of the Maldives government offering scholarships for its citizens to pursue INCEIF’s academic programmes.

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