Siasat offers training classes on Islamic Banking

The Siasat Urdu Daily, in association with Institute of Islamic Banking Finance & Insurance, will start training classes on Islamic banking. Students can visit Siasat Daily Office between 10 AM to 2 PM or call 07598000555 or 09449240080 for details regarding the training classes to begin from March 5. This was disclosed at a press conference by MS Sheriff. The press conference was also addressed by Siasat News Editor Amer Ali Khan, IIBFI Directors Mohammed Asim Farooqui and Mohammed Azam.

This course has been designed to provide a basic understanding of the principles, nature and form of Islamic Banking, as is relevant to those entering and/or working in the financial services market. This course is aimed to help professionals gain the knowledge of Islamic Banking and appreciate the purpose and need for the different principles involved in Islamic Banking and how they differ from conventional banking models.

Mr. Asim Farooqui said the recommendations issued by Reserve bank of India also include interest free banking in Indian banks. IIBFI has so far trained 215 youth most of them have succeeded in getting employment in gulf countries. Till now the course fee was charged Rs. 24000 but now it has been decided to charge Rs. 20000 for the course. He told that Siasat has announced to provide scholarship of Rs. 10000 per student thus students will have to pay only Rs. 10000. Classes for the 2-month course will be held thrice a week.

Admissions are open for the course and classes will be conducted on weekends on Saturday and Sunday from 5th March 2016. On successful completion of course and 100% attendance, participant will get Certificate and Cash Incentive of Rs. 2,000/- For more details and application form, students can visit Siasat Daily Office between 10 AM to 2 PM or call 07598000555 or 09449240080. For more information about this program, interested candidates may also visit http://www.iibfi.com.

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