Introduction To ICIFE

"Malaysia is currently ranked 5th globally in terms of Islamic Banking and assets, but it supplies less than 3% of the global Islamic Finance talents."

One reason for this is the lack of consensus on a standard curriculum, which makes it difficult for the country to develop an internationally recognised centre for professional development; the critical area is the major markets in the Middle East.

In order to address the above situation, the Malaysian government has committed itself to improving both the Islamic Finance curriculum and its talent pool through project EPP-7 on Islamic Finance Education.

It is from EPP-7 that ICIFE was born.


The main objective of ICIFE is to increase and maintain the professionalism of the educators in Islamic Finance field at the national and international level.

Achieved Through

Curriculum Development

Course Module



Dialogues and Workshops




Latest Updates

To be the Premier global organization for providing dynamic leadership in quality assurance and enhancement of Islamic Finance Education worldwide.

To make significant contributions to the intellectual domains of Islamic Finance and other relevant fields of professional practice.

To design and develop world class curriculum for Islamic Finance Education.

To review and update Islamic Finance curriculum continuously for being relevant to market needs

To develop training modules for knowledge and skills development of talents for teaching and training students and professionals in Islamic finance.

To offer professional development and certification programs to academics and practitioners in the field of Islamic Finance.

To develop and implement a globally recognized accreditation program for Islamic Finance courses & programs.

To organize professional and scholarly conferences, seminars, symposia, colloquia and other forums for sharing knowledge and professional experience in Islamic Finance.

To publish text and reference books, journals, magazines, newsletter and disseminate those to the relevant people.