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Hyderabad varsity to offer course in Islamic finance

The one-year period after graduation degrees in Islamic studies and management of Hyderabad Central University.

"It is open to all graduates, and there are six papers dealt with various aspects of Islamic finance," Mohammed Abdul Ulla, dean, School of Commerce and Business Management, manuu, told IANS.

The decision comes close on the heels of a Memorandum of Understanding (MoU) with the University of Bombay Stock Exchange (BSE) Institute Inc.

BSE Institute, which offers a variety of courses including one Islamic Finance, wants to establish the Institute in cooperation with the manuu. It intends to offer a variety of courses.

Abdul Ulla, however, considers that to establish an institute is not possible now. "We do not have the infrastructure for this. It will take some time."

Meanwhile, university students in courses sponsored by the BSE Institute, Mumbai. "We have sent a proposal. We have sponsored students in courses in which they are useful."

The University, which offers M.Com and MBA, last year introduced a compulsory paper of Islamic finance and banking sector in the third semester. It helps students to acquire basic knowledge of Islamic finance and banking industry.

BSE Institute, which has tie-ups with international universities and with plans to design courses manuu.

"We plan to specialized courses related to financial markets. We plan the curriculum and course material," Vinod Nair, head of researchers and R & D, BSE Institute, told IANS.

A wholly-owned subsidiary of the BSE Institute has offered manuu faculty and expert faculty and certification.

Institute Taqwaa advice and Shariah investment solution already offers a certification program "Islamic banking, finance and capital markets."

Introductory course on Shariah index BSE in 2013, the investment of Shariah-compliant companies.

Manuu Chancellor Zafar Sareshwala believes BSE together was a great achievement manuu and help boost the morale of the students, who he feels suffering from a sense of inferiority.

He also believes that the other skills to help students get jobs, even before they are passed.

"This is the age of a plus. If you are only B.Com, has no value. But if you pass the exam NCFM, the brokerage company can hire you, and you can directly start a salary of Rs 30.000 to 40.000," Sareshwala, Gujarati businessman and Adviser to the Prime Minister, Narendra Modi, told the IANS.

NSE's Financial Markets (NCFM) is a certification program and the National Institute and the securities market (launched) the confidence of citizens established the Securities and Exchange Board of India (SEBI). BSE Institute to learn the course.

Sareshwala pointed out that these verifications were not even when the sale of investment advice and insurance is governed by changing conditions.

The Federal Chancellor, who is also roped Binani cement and other companies manuu unite, it seems that the courses of Islamic Finance majorly beneficial to students passing madrasas, or Islamic seminars.

"Madrasa students to know Arabic and Sharia but no funding. If the shape, they can do wonders," he said.

Referring to the growing demand for Islamic finance, said the 26 universities in London offered 50 courses of Islamic finance and related issues.

Islamic markets worldwide were estimated to be more than $ 2 trillion in 2013, and is expected to increase to 3.735 trillion US dollars by 2010.

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