AlHuda CIBE has received two awards in Sri Lanka for being the best Islamic banking education provider.
The bank won Gold and Bronze Awards in the Ceremony at the occasion of 3rd Islamic Finance Forum of South Asia (IFFSA). The Gold award is received in pursuance of “Best Islamic Banking Education Provider” and Bronze award is received in recognition of “The Best Islamic Banking Advisory Service”. The awards are given to AlHuda CIBE for its services for the promotion of Islamic Banking at international level.
According to Muhammad Zubair Mughal the CEO of AlHuda CIBE the awards are the acknowledgement of its 14-years long-journey services.
“AlHuda CIBE offered its services in more-than 40 countries for Islamic banking and finance, Sukuk, Takaful and Islamic microfinance’s education, capacity building, research, advisory and awareness. He dedicated the awards to the AlHuda CIBE employees who are and remain the part of its long-journey. He further said, AlHuda CIBE offered its services in more-than 40 countries from Asia, Africa, Europe and USA which include 2000 plus training programs.” He said.
He said; Islamic banking and finance is growing at exponential rate. The total volume reached to 2.4 trillion dollars whereas, Islamic banking products and services are available in more than 125 countries which include USA, Japan, Korea, South Africa, UK, Germany, France, China, Russia and many other Muslim non-Muslim countries.
Furthermore; The World Bank (WB), United Nation (UN), International Monetary Fund (IMF) and many other international banking and financial institutions recognized the importance of Islamic finance and started their Islamic Finance department which are working together with different financial institutions from Muslim and non-Muslim countries. Islamic banking and finance proved that it is the best banking and financial substitute which is more sustainable alternative financial system. The professionals and researchers are now accepting its importance.
He also added; AlHuda CIBE is aimed to spread its services in China and Russia as these are the big potential markets in near future.
AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provide state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Trainings Workshops, and Islamic Microfinance and Takaful Consultancies etc. side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance.