INCEIF Concluded Short Course For Foreign Regulators

Sharing Session with BNM on Microfinance Development in Malaysia.

INCEIF concluded its “Advancing and Converging Islamic Microfinance with Fintech” Programme under the Malaysian Technical Cooperation Programme (MTCP) on 2 July 2021. A total of 3 batches successfully completed the programme which was conducted throughout the month of June until early July, involving 18 participants from various countries. The first MTCP conducted online with INCEIF begin on 14-18 June with participants from Jordan and Tunisia. The second batch was participated by delegates from the region of Africa, specifically Togo, Zambia and Gambia. Participants expressed their satisfaction towards the programme, saying, “the sessions were very beneficial and easy to grasp even for those without basic knowledge in Islamic finance. The five-day programme can easily be extended as it is very informative.”

There were also requests for future programmes to be conducted in languages familiar to participants such as Arabic for Arabic-speaking participants, to ease their understanding and smoothen interactions with the trainers. Islamic Microfinance, managing microfinance institutions, blockchain, digital finance and P2P were some of the popular topics requested by participants for possible future programmes or events.

The last batch of the programme, conducted towards the end of June until the first week of July, had delegates from Azerbaijan, Turkmenistan and Kyrgyzstan. This batch had the highest interaction between the participants and trainers, with many questions and discussions that resulted in a number of the sessions being extended. This shows the interest and hunger for knowledge from participants on Islamic microfinance, exhausting every second within the time given to interact with the Subject Matter Experts.

Given the enthusiastic response, INCEIF looks forward to conduct future programmes on current issues of interest and covering other jurisdictions under the MTCP.

Reflection session with INCEIF Assoc Prof Dr Mohamed Fairooz Abdul Khir.


Closing Remarks by INCEIF PCEO Prof. Dato’ Dr Azmi Omar.


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