Islamic Economics Institute

Training Department:

The Training Department is a unit working under the umbrella of the Islamic Economics Institute at King Abdul Aziz University, so the vision, mission and strategic objectives of the department are the same as that carried by the Islamic Economics Institute, which are:

Vision:

Reference in rooting Islamic economics and its development all over the world.

Message:

A scientific institution dedicated to making knowledge and designing programs for researchers and experts in the field of Islamic economics taking into consideration the contemporary needs of the society.

Values:

Teamwork spirit, next to perfection, originality, reliability, development, leadership and social responsibility.

Message of Training Department:

Share actively in the development process of Islamic economics through training and qualification

Role of Training Department:

The main role of the training unit is to impact the vision and mission of the Institute upon the applied practices in the Islamic financial industry by harnessing all available resources to achieve this goal as it is the competent authority for qualifying and preparing of working professionals in various areas of Islamic economics. In this way, it will contribute to the advancement of the performance of professionals and specialists, and become an active strategic partner for the various actors operating in the Islamic financial sector, consistent with their mission to achieve excellence in all specialized Islamic financial services.

Strategic Objectives of the Training Department:

The strategic objectives of the Training Department focus on the following points:
1. Combining theoretical studies with the best applied practices and making use of these in the curricula.
2. Qualifying and developing human resources in Islamic financial institutions, according to the quantitative and qualitative needs of the market in different areas of Islamic economics.
3. Raising the level of quality in training programs that qualify the trainee to get a job in the job market of Islamic banking and finance.
4. Building strategic partnerships with institutions related to training in Islamic finance.
5. Improving the performance of Islamic economic institutions in line with the standards of the Shariah and the best global practices.
6. Academic and professional accreditation for training packages and trainers in the industry according to professional standards and high quality.
7. Reinforcing organizational excellence for the Training Department.

Target Groups:

1. Students of universities and vocational colleges in all disciplines that can be attracted by Islamic financial institutions.
2. Workers in the Islamic financial industry.
3. Specialist trainers in the field of Islamic finance.
4. Profit and non-profit Islamic financial institutions.
5. Government agencies and institutions.

Partnerships:

1. Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
2. The General Council for Islamic Banks and Financial Institutions.
3. Islamic Development Bank.
4. Saudi, Arab, and Islamic universities.
5. Islamic financial institutions.
6. Government agencies and institutions.
7. Chamber of Commerce and Industry.
8. IE University.

Proposed Step-wise Training Plan

It will be derived from a long-term action plan according to the priorities and orientations for the institute.
General Programs Program Session/Service Group
(1) Adoption of Training Packages Special standards for the adoption of training packages Trainers in the field of Islamic finance and Islamic economics
(2) Accreditation of Trainers Special standards for the accreditation of trainers Trainers in the field of Islamic finance and Islamic economics
(3) Community Service Courses Offering a training program (miniature professional diploma) to qualify university students to get a job in the Islamic banking and finance job market. King Abdul Aziz University students,
Students of Saudi Arabian universities
 
Cooperation with the Jeddah Chamber of Commerce and Industry to offer a special training program for businessmen and industrialists (basics of Islamic economics and its applications in practical life) as a program supported by the Jeddah Chamber of Commerce to spread the concepts of Islamic economics and finance. Commercial and industrial projects
Cooperation with local initiatives such as Bab Rizq Jameel (Abdul Lateef Jamil) in offering a course for beneficiaries from their initiatives in the field of Islamic economics (Shariah and financial standards for projects from the perspective of Islamic economics). Entrepreneurs initiating small businesses


 

Specialist Programs Program Session/Service Group
(1) Banking Programs The fundamentals of Islamic banking Lower management in financial institutions
Liquidity and Risk Management Middle management in financial institutions
Applications of Islamic Sukuk Higher management in financial institutions
Development of Islamic financial products Middle and Higher management in financial institutions
Certified Shariah Adviser and Auditor (CSAA) certification & Certified Islamic Professional Accountant (CIPA) certification Bankers,
Graduate students,
Local community
Islamic Insurance Accounting Bankers, Workers in the insurance sector,
Graduate students,
Local community
Islamic Financial Accounting Bankers,
Graduate students,
Local community
(2) Programs for Non-Profit Organizations (NGOs) Management of charity projects from the perspective of Islamic economics Charities
Management of Endowment Projects Endowment Projects,
Ministry of Islamic Affairs, Endowments, Dawah and Guidance
Economic feasibility study from the perspective of Islamic economics Charities and endowment projects
Zakah accounting Zakah departments


 

Supporting Programs Program Session/Service Group
(1) Shariah Programs Shariah supervision Workers in Shariah supervision,
Graduate students
(2) Legal Programs Financial contracts Bankers, lawyers, graduate students
Conflict resolution Bankers, lawyers, graduate students
Governance of financial institutions Bankers, lawyers, graduate students
(3) Economic Programs Economic feasibility study Bankers, lawyers, graduate students, local community
Administration of small businesses Bankers, lawyers, graduate students, local community

 

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Last Update 2/7/2016 5:35:09 PM