Abstract
This study focuses on the skill issues of the Islamic financial institutions that impact on the industry negatively. For the Islamic financial industry to develop according to the standard level, it needs proper skills. Therefore, this paper clarifies the issue first and then reasons for skill gaps in the Islamic financial industry. Shortage of centers and training courses for creating talents in Islamic finance field slows down the industry. In addition, the current unqualified staff of Islamic financial institutions effect on the Islamic financial industry. Shortage of skills in the Islamic finance field is not always due to the insufficient number of staff, but because that current staff do not possess all related Islamic financial knowledge, such as legal, Shariah and modern finance system. Therefore, this paper presents suitable methods for developing and producing Islamic finance professionals. Establishing centers and colleges for producing knowledgeable Islamic financial staff is an important method for developing the Islamic financial industry. In addition, opening training courses by Islamic financial institutions can also be a good tool for developing necessary skills of the current Islamic financial employees. Keywords: Islamic Finance, Skill Issues and Islamic Financial Institutions DOI : 10.7176/JLPG/89-14 Publication date :September 30 th 2019
Highlights
Islamic financial industry is developing rapidly and it needs new skills for running Islamic financial business
This study focuses on the skill issues of the Islamic financial institutions that impact on the industry negatively
Shortage of centers and training courses for creating talents in Islamic finance field slows down the industry
Summary
Islamic financial industry is developing rapidly and it needs new skills for running Islamic financial business. Shortage of centers and training courses for creating talents in Islamic finance field slows down the industry. Establishing centers and colleges for producing knowledgeable Islamic financial staff is an important method for developing the Islamic financial industry.
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
