Sarajevo Islamic Finance and Economics Conference (SIFEC) 2018 discussed issues concerning the challenges in the development of Islamic Finance at the Gazi Husrev-Bey library, Bosnia and Herzegovina, Sarajevo.
The conference which attracted scores of participants from European and Western Asian countries was officiated by His Excellency Ambassador of Malaysia to Bosnia, Tuan Zakry Jaafar. The opening ceremony of the conference was quickly followed by the keynote address delivered by Prof. Mohamed Iqbal Asaria of the United Kingdom, a prominent figure of Islamic Economics.
The conference began with a session with the panelists which comprised international panelists namely Dr. Natalie Schoon of Alquity Transforming Lives Foundation, United Kingdom; Prof. Dr. Asmadi Mohamed Naim, Dean of the Universiti Utara Malaysia Islamic Business School (UUM IBS); and Kuveyt Turk Bank Private Banking and Wealth Management Group Manager, Turkey, Dr. Okan Acar.
According to Prof. Asmadi, the conference which was aptly themed, Challenges in Islamic Economics and Finance in Europe, was further boosted by several parallel sessions that involved UUM lecturer, Prof. Madya Dr. Zairani Zainol.
According to him, the conference was jointly organized by UUM IBS, European Association of Islamic Economics, Banking and Finance (EUIEBIF) and School of Economics and Business, University of Sarajevo, Bosnia.
"I am grateful for being involved in a conference of this magnitude. It has enabled me to highlight UUM as a centre for Islamic Business studies to the world thus paving the way for UUM specialists into global events.
"UUM has also sealed an MoU with University of Sarajevo to conduct various academic cooperation and they have also expressed their intention to continue to collaborate with us in the future," he said.
He further reiterated that the conference marked the first time UUM IBS was being invited to share knowledge and train participants on the practice of Islamic Finance.
"I hope that the field of Islamic business will continue to flourish and UUM IBS will become an important part of the development as a result of this programme. Also, hopefully participants will see the different approaches practiced by each country," he said.
Source: UUM Online
Two lecturers from UUM's Islamic Business School (IBS) were invited to participate in two sessions of the Sarajevo Summer School 2018 held at the Gazi Husrev-Bey Library, Bosnia and Herzegovina recently.
Dean of IBS, Prof. Dr. Asmadi Mohamed Naim and Assoc. Prof. Dr. Zairani Zainol gave their talks on the respective titles, Shariah Screening for Business and Finance for Unit Trusts and Contracts as well as Products Applied by Islamic Banking.
Prof. Dr. Asmadi said the Sarajevo Summer School 2018 which revolved around Islamic finance attracted participants from Europe and West Asia.
According to him, the programme was organized by the European Association of Islamic Economics, Banking and Finance (EUIEBIF) and the School of Economics and Business, University of Sarajevo, Bosnia.
He further reiterated that, presentations also involved other panellists comprising experts from the United Kingdom, Turkey and Bosnia.
Meanwhile, Assoc. Prof. Dr. Zairani Zainol said she was enthusiastic to share knowledge with students and professionals on Islamic finance especially when she shared examples of development models in Malaysia from the early beginnings until recently.
According to her, attendees were keen to explore the area and conduct further discussions on the issues presented.
"Bosnia comprises 52 percent Muslims, thus there are a lot of potentials for wide-ranging halal products including Islamic finance, as Bosnia hopes to be the point of entry for halal industrial into the continent.
"A great many things are being discussed like halal development and promoting IBS in the world.
"I see opportunities in the development of halal products, it appears that the people are more open to Islamic finance but Islamic appreciation is still lacking and at the moment there is only one bank that practices Islamic finance," he said.
Director of the Summer School who is also Director of the Centre for Islamic Financial Studies, University of Sarajevo, Prof. Dr. Velid expressed his heartfelt appreciation toward UUM for sharing knowledge that benefited the participants.
He fervently hoped that the close cooperation will continue and that UUM will become co-organizers with the various associations and University of Sarajevo.
Kuala Lumpur, 10 July - Universiti Utara Malaysia (UUM) through its School of Business Management (SBM) sealed a Memorandum of Understanding (MoU) with TEKUN Nasional to carry out programmes that will enhance the work performance of employees of TEKUN Nasional.
The MoU was signed by Deputy Vice-Chancellor (Research and Innovation), Prof. Dr. Ayoib Che Ahmad who represented the Vice-Chancellor and Managing Director and Chief Executive Officer of TEKUN Nasional, Datuk Baharom Embi, witnessed by member of the TEKUN Nasional Board of Trustee, Mdm. Siti Norazlina Seni.
Prof. Dr. Ayoib said the signing of the MoU allowed UUM to collaborate with TEKUN Nasional to carry out development programmes which will enhance the work performance of TEKUN employees in the hopes of giving positive impact to the entire organization.
"With the implementation of this collaboration, the employees of TEKUN will have the opportunity to further improve their academic level by pursuing the Executive Programmes offered at three different levels namely Diploma, Bachelor and Master.
"In addition, there are also entrepreneurship programmes specifically organised for the borrowers of TEKUN and also programmes which study the effectiveness of the implementation of financing products by TEKUN," he said.
Meanwhile, according to member of the TEKUN Nasional Board of Trustee, Mdm. Siti Norazlina Seni, TEKUN and UUM's strategic alliance was not only to develop the skills and knowledge of TEKUN employees in business management and entrepreneurship but also to gain insights and suggestions on improving the financing products implemented by TEKUN, through a joint study.
"Through this collaboration, TEKUN Nasional hopes to gain guidance from the academic experts of UUM through comprehensive entrepreneurship training modules and computer application systems needed by TEKUN Nasional," she explained.
The collaborative programme between UUM and TEKUN Nasional comprised various programmes that included academic enhancement amongst TEKUN Nasional employees who initially involved only 42 employees of TEKUN Nasional.
Also present at the event was UUM COB Assistant Vice-Chancellor cum Dean of SBM, Prof. Dr. Haim Hilman Abdullah, senior UUM officials and TEKUN Nasional officers.
Source: UUM Online
Sabah - On the seventh year of its organisation, the Public Sector Financial and Auditing Seminar 2018 (SKPSA 2018) organised by the Tunku Puteri Intan Safinaz School of Accountancy (TISSA) continued to focus on relevant current issues related to governance in the public sector in the country.
Focusing on consolidating integrity including on matters pertaining to internal control, risk management and detection capabilities and prevention of fraud in the financial affairs of organisation, SKPSA2018 became a platform for academic and industry practitioners to establish co-operation and promote the proliferation of knowledge and experience sharing for three days beginning on 2 July at the Klagan Regency Hotel, Kota Kinabalu.
Dean of TISSA, Assoc. Prof. Dr. Chek Derashid said the public sector needed to be more effective and efficient in supporting the progress and development of the country through a dynamic and sustainable financial governance.
"We also need to be aware of fraud and also the detection and prevention measures because efficient and effective internal controls in managing government resources can help to prevent abuse of power and public finances.
"The issues discussed at this seminar are in line with the current challenging economic environment, followed by the theme which is, Dynamic Governance Creates Goodness, Rejects Disadvantages and Eliminates Harm," said the Dean who represented the Vice-Chancellor during the opening of SKPSA2018.
A total of 190 participants that comprised government officials, accountants and auditors from various public organisations throughout the country attended the seminar which featured speakers such as former Auditor-General, Tan Sri Ambrin Buang; President of Transparency International (M), Dato' Akhbar Sattar; member of the UUM Board of Directors, Mr. Nik Mohd Hasyudeen Yusoff; Mr. Mohd Zaki Ismail from the National Audit Department; Ustaz Mohd Fadhli Ahmat (Integrity and Standard Compliance Department, IPK Kota Kinabalu) and Mr. Shuhairoz Mohamed Shukeri (Quality and ISO Division, Immigration Department of Malaysia).
Also present was the Director of SKPSA, Dr Rose Shamsiah Samsudin.
2 Julai 2018, Sintok- Satu program yang dinamakan Seminar on Readiness For IR4.0 For Educators disampaikan oleh Prof. Dato' Dr. Mohamed Amin bin Embi dari Fakulti Pendidikan Universiti Kebangsaan Malaysia telah diadakan. Program ini mendapat sambutan penyertaan dari 40 orang peserta dari dalam UUM dan juga dari luar UUM seperti Unishams, UNISZA, OUM, POLIMAS dan Kolej Komuniti wilayah utara. Program ini bertempat di Bilik Melaka, Pusat Pengajian Pengurusan Perniagaan (SBM).
Sepanjang program, para peserta diberi pendedahan tentang aplikasi teknologi terkini dalam bidang pengajaran dan pembelajaran dalam menghadapi Industri 4.0. Usaha ini adalah selari dengan Forum Ekonomi Dunia (WEF) yang menggariskan pentingnya penguasaan elemen 4C iaitu critical thinking & problem solving, communication, collaboration dan creativity dalam semua peringkat pengajian. Antara pengisian dalam program tersebut adalah Transformative Teaching-Flipped Classroom 4.0 dan Interactive Lecture Using Technology-enhanced Collaborative Tools.
Hadir merasmikan program ialah Prof. Dr. Haim Hilman Bin Abdullah selaku Penolong Naib Canselor Kolej Perniagaan merangkap Dekan Pusat Pengajian Pengurusan Perniagaan, Universiti Utara Malaysia. Program tamat jam 5.00 petang.