The Maldives Monetary Authority (MMA), the central bank of the Maldives, and INCEIF University have officially signed a Memorandum of Understanding (MoU) to enhance collaboration in the development of a skilled talent pool for the Islamic finance sector. The agreement signifies a shared commitment to nurturing future leaders and experts in this rapidly growing industry, ensuring its sustainable growth both in the Maldives and internationally.
The MoU was signed by His Excellency Ahmed Munawar, Governor of MMA, and Professor Emeritus Dato’ Dr. Azmi Omar, President & CEO of INCEIF University. Both leaders expressed their excitement about this partnership, emphasizing the importance of strengthening Islamic finance education and creating opportunities for professionals who can drive innovation in this field. This collaboration is expected to help the Maldives build a robust foundation of expertise in Islamic finance, positioning the nation as a key player in the global financial landscape.
Through this partnership, MMA and INCEIF University aim to provide access to world-class training and academic programs, cultivating a new generation of professionals who are well-equipped to meet the evolving needs of the Islamic finance industry. The focus will be on knowledge sharing, capacity building, and continuous development of skills to ensure that the industry can thrive in the face of new challenges and opportunities.
This MoU marks a significant step forward in the Maldives’ efforts to grow and innovate in the Islamic finance sector. By fostering a highly skilled talent pool, the collaboration between MMA and INCEIF University sets the stage for long-term success, contributing to both the national economy and the broader Islamic finance ecosystem.
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