IBFIM: FIRST REGISTERED TRAINING PROVIDER WITH FAA

16 Jul 2013 07:54
KUALA LUMPUR, July 15 (Bernama) -- The Islamic Banking and Finance Institute Malaysia (IBFIM) is the first training provider in Malaysia to become a Finance Accreditation Agency (FAA) Registered Training Provider (FTP) which enables FAA to accredit the learning programmes offered by IBFIM for the professionals in the Financial Services Industry (FSI). With the FAA Provisional Accreditation (FPV) awarded to eight learning programmes, IBFIM is living its charter to build capability and professionalism within the Islamic finance community. To this end, IBFIM promotes competence, sustainability and strategic workforce development in Islamic finance. FAA through its rigorous assessment of the quality of learning programmes provided by IBFIM concludes that the eight learning programmes meet the minimum standards stipulated in the FAA Learning Criteria (FLC) which conforms to the FAA Quality Framework (FQF) as well as industry requirements. Essentially with the accreditation, the accredited learning programmes have met international best practices and benchmarks, resulting in the increase of knowledge and skills base of the FSI practitioners undertaking these learning programmes. Employers will now have full confidence in the quality of the learning programme outcomes delivered by IBFIM. The high quality standards in the accredited learning programmes assessed by FAA sets IBFIM apart from the competitiveness of the industry, bringing the finance community the best in Islamic finance. FAA also works with other industries in the Capital Market, Insurance and Conventional Banking to meet specific target to grow a vibrant economy by developing the workforce, providing them with skills base and lifelong learning opportunities for the FSI. About IBFIM IBFIM is an industry-owned and Regulator-linked institute dedicated to producing well-trained, skilled and competent human capital for Islamic finance industry. IBFIM undertakes three core pillars of activities namely, training and certifications, Shariah advisory and business consultancy, and knowledge management and publications distribution. In all three areas, IBFIM now leads the region. About FAA Finance Accreditation Agency (FAA) is an international and independent quality assurance and accreditation body supported by Bank Negara Malaysia and Securities Commission Malaysia. FAA is responsible for quality assurance and promotion of learning initiatives within the Finance Services Industry (FSI) through learning programme, institutional and individual accreditation, as well as promotion of future learning practices in the FSI through the development of a FAA Qualification Structure (FQS), FAA Learning Standards (FLS) and FAA Recognition of Prior Learning (FRL). Through these initiatives, FAA aims to contribute towards promoting the highest standards in the development of talent for the FSI. SOURCE : Islamic Banking and Finance Institute Malaysia (IBFIM) / Finance

Accreditation Agency (FAA) FOR MORE INFORMATION PLEASE CONTACT: IBFIM Name : Zanariah Zahari Senior Consultant, Marketing and Communication Talent Development IBFIM Tel : 03 2031 1010 ext. 554 Email : zanariah@ibfim.com Website : www.ibfim.com Finance Accreditation Agency (FAA) Name : Noor Shahidah Mohamed Salleh Head, Corporate Communications FAA Tel : +603-2788 1207 (DL) : +603-2788 1212 Email : shahidah@faa.org.my Website : www.faa.org.my --BERNAMA