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30 March 2013

Infinity Consultants promotes Islamic Finance Awareness at leading Business Schools in India

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IMO News Service

Bangalore: Infinity Consultants is actively pursuing Islamic finance training and development in India through its exclusive partnership with Ethica Institute of Islamic Finance, a leading global provider of Islamic finance education.

Even though Islamic finance is one of fastest growing segments of global finance and the largest alternative financial system in the world today, the absence of a formal Islamic banking industry in India has led to limited awareness among Indians on the scope and opportunities available in the industry.

As part of its commitment to build Islamic finance awareness, Infinity recently launched a campus-talk initiative titled “Opportunities in Islamic Banking and Finance.” Saif Ahmed, Managing Partner at Infinity and a former Islamic banker and Wall Street investment banker, delivered talks at some of the leading business schools across the country.

Saif addressed hundreds of students in over 15 institutions across India and received tremendous feedback from the students as well as the faculty.

Drawing on his experience as a former Islamic banker, Saif stressed on the underlying ethical nature of Islamic financial products during his talks and offered many practical insights on how to prepare for a career in this industry.

Several institutions have expressed an intention to include an Islamic finance elective in their curriculum. To schedule a talk at any school or university, Infinity Consultants can be contacted through email at ethica@infinity-consult.com.

The talks delivered by Saif Ahmed at some of the leading business schools in India has been lauded and received great support.

Harsh Saxena, MBA Student at Symbiosis School of Banking Management, Pune, said, "The talk by Saif Ahmed was an eye-opener for all the students and showed us a brand new career path and an opportunity that we were not aware of."

Ramesh P. A., DGM, Corporate Relations, Indian Business School (IBS), Bangalore, remarked, "This is definitely an eye opener to the world of Islamic banking and the opportunities that exist in this field."

According to Managing Committee, Finnacle Investments Club, Institute of Management Technology (IMT), Ghaziabad, the excellent presentation given by Saif Ahmed gave everyone a good idea about the intricate differences between traditional and Islamic finance, and that this could not have been accomplished with such simplicity from any other source.

“In his lecture, Mr. Saif enlightened the audience by explaining the key attributes of financial instruments offered by Islamic financial institutions. He elaborated the differences between a Shari’a compliant product and conventional financial in a very lucid manner. The Department of Business Administration is extremely thankful to Mr. Saif for coming to the Department. We hope that we can organize a joint program with Infinity in the near future,” said Dr. Asif Akhtar, Assistant Professor, Dept. of Business Administration, Aligarh Muslim University, Aligarh.

P S Nayak, Sr. Corporate Relations Officer Alliance Business School, Bangalore, said, “It was a pleasure to have you with us at our campus for an interactive session with our MBA Students. The discussion was well-received and deeply appreciated by our students. We hope to have more such occasions and take our relationship to the next level of engagement.”

Faisal Nazir, MBA Student, Jamia Millia Islamia, New Delhi, said, “I was very fortunate to attend your lecture since it was very inspiring and motivating for me.”

Dr. Khalid Falahi, Assistant Professor, Crescent Business School (BS Abdur Rahman University), Chennai, said, “Mr. Saif’s presentation covered all the key areas and gave our students the direction and motivation needed to plan a career in Islamic banking. We look forward to involving Infinity Consultants in developing our Islamic Banking options going forward.”

Infinity Consultants (www.infinity-consult.com) is a Shari’a-compliant advisory firm based out of Bangalore, India focused on developing Islamic finance in India and on providing corporate finance and investment advisory to clients in India and the Middle East. Infinity is also pioneering several Islamic finance initiatives in India as part of its mission to introduce an ethical alternative to the conventional interest-based financial system and is also at the forefront of providing world class Islamic finance education and training in India through its partnership with Ethica Institute of Islamic Finance, Dubai.

Winner of “Best Islamic Finance Qualification” at the 2011 Global Islamic Finance Awards, Ethica Institute of Islamic Finance is chosen by more professionals and students for Islamic finance certification than any other organization in the world. With over 20,000 paying users in 44 countries, the Dubai-based institute is accredited by leading scholars and serves banks, universities, and professionals across over 100 organizations.

Contact Infinity and learn more about Ethica’s training programs in India, call +91-80-6547-3517 or e-mail at ethica@infinity-consult.com

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