First Ever Malaysian Commercial Case heard (and to be decided) by a 9-member Bench in the Federal Court of Malaysia
Islamic Banking & Finance Institute Malaysia (IBFIM) inaugural newsletter featuring a story on the deliberation of the first ever Malaysian commercial case heard and to be decided by a 9-member bench of the Federal court of Malaysia. In this case, Kuwait Finance House (Malaysia) Berhad as the Plaintiff/Respondent had granted various Islamic facilities to JRI Resources Sdn Bhd (the 1st Defendant/Appellant) including an Ijarah (leasing) Facility of shipping vessels. JRI Resources later defaulted and failed to make payments of the sums outstanding under the Ijarah Facility.
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I feel honored to have passed IBFIM’s AQIF.
Division Chief, Palestine Monetary Authority
My qualification helped me to find a job as an adviser at KPMG in Luxembourg. That offers me the possibility to go on working with Islamic Finance, in particular the registration of Islamic Banks in Luxembourg.
Adviser, KPMG Luxembourg S.à.r.l.
AQIF has given me a deeper appreciation and understanding of the fine Islamic banking principles and instruments that is presented in today’s products and services. I have now more confidence to differentiate the types of transactions that is needed to complete any Aqad (offer and acceptance) which enables me to offer better solutions to my Clients.
Norhayati Mohd Daud
Deputy, Senior VP, Commercial Business & Bumiputra Development, Malaysia Building Society Berhad
The e-learning is more convenient and more cost effective. It gives room and welcomes more participants in the sense that you will be where you are while the facilities will reach you.
Shehu Usman Rano Aliyu
Ph.D, Professor of Economics, MNES, AAIF, SISA
I think people from the commercial side such as bankers would probably be interested in getting the certificates because it could definitely help them in their career and get more results in the future.
Deputy Trade Representative, Embassy of the Russian Federation
Recently, Islamic finance is getting more important for the non-Muslim countries. Korea has not implemented any Islamic financial product, but there is an increasing movement to emphasize its necessity. IBFIM is one of the best institutions to learn Islamic Finance but also to meet the people in the field. If you want to broaden your knowledge in Islamic finance, I strongly recommend this AQIF course. They are professional, cooperative and have various experiences. It doesn't matter whether you're in Malaysia or not, as they provide the E-learning courses as well.
Kim Si Jun
Hanwha Life Insurance, South Korea
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