Kuwait Finance House Group launched an Islamic banking research office yesterday. The research office will be based in Malaysia and called 'Islamic Banking Economics and Investment Research'. Salman Younis, the managing director of KFH (Malaysia) Bhd describes their goals for the office, "We aim to provide cutting-edge research material which capitalises on economic and Islamic financial research and provides clients with an added value to their investment decisions".
Sharjah Islamic Bank in the UAE wants to increase the number of female employees, particularly those in higher up positions. The manager of Sheikha Jawaher bint Mohammed Al Qasimi, who supported the program, was quoted, "With the growing demand for Islamic finance in the world, and the growing number of women working in the field, this organisation is the next natural stage in a world which demands quality and excellence regardless of sex or background,"
The governor of the Malaysian central bank, Bank Negara Malaysia, Dr. Zeti Akhtar Aziz said there needs to be greater focus on arriving upon a 'common vision' for Islamic financial services.