INCEIF University moves to new campus

MEASURING 130,000 sq ft, the newly-launched INCEIF University’s new campus at Jalan Tun Ismail, Kuala Lumpur (KL), sits on a 1.32ha of a quiet area surrounded by greenery within the bustling Malaysian capital. 

The campus houses the auditorium, classrooms, seminar rooms, computer labs, lounge areas, syndicate rooms, the Knowledge Management Centre and a banquet hall, among others. This location, next to KL’s financial district, is in line with Bank Negara Malaysia’s (BNM) vision to transform the surrounding area into a world-class learning and social centre for business and banking. 

The Sultan of Perak says Islamic finance now needs to grow further, to fully respond to the challenging global conditions

Sultan of Perak Sultan Nazrin Shah officiated the new campus on Oct 27 and was taken to a guided exhibition tracing the early development, history, achievements and the many milestones of INCEIF that have given the university its reputation as the knowledge and thought leader of Islamic finance pioneer- ing in Maqasid Al Shariah, and now the centre of excellence in Islamic social finance. 

The landmark event also witnessed the signing of a commemorative plaque by Sultan Nazrin Shah, accompanied by the university’s newly-appointed Chancellor Tan Sri Nor Shamsiah Mohd Yunus and INCEIF University chairman Tan Sri Azman Mokhtar. 

“Today’s more globalised and digitalised world requires Islamic finance professionals to continuously upskill themselves to 

push and expand the frontiers of Islamic finance knowledge and practice. Only with the right talent and values can Islamic finance create an enduring and meaningful impact on society and the economy,” Azman said. 

He added that as the world’s sole dedicated postgraduate university in Islamic finance, INCEIF University is committed to developing the world-class global talent and expertise needed for the industry to realise the Islamic finance aspiration. 

“We thank BNM, who had the foresight to set up a dedicated centre for education and training in Islamic finance which over 16 years has progressed into a full-fledged university,” Azman said, adding that currently, INCEIF University is among the top 5% business schools in the world as accredited by the Association to Advance Collegiate Schools of Business. 

INCEIF University’s move to its new and bigger campus is in line with its long-term strategic plan to accommodate an expanded community as the university stays on course to be the knowledge and thought leader in Islamic finance. 

The university was set up by BNM in 2005 and has been mandated to develop and nurture talent and experts in the Islamic financial services industry. Known to be the only university in the world dedicated to Islamic finance, it aims to be the knowledge leader in Islamic finance through providing excellent teaching, research and thought leadership — bridging both academia and industry. 

Today, there are 2,166 INCEIF alumni from over 83 countries worldwide, some already making meaningful contributions to the advancement of Islamic finance at all levels, be it product development, policy framework and implementation, regulation and enforcement, and innovation. — Bernama 

  • This article first appeared in The Malaysian Reserve weekly print edition