Talent deficit in Islamic finance affects quality sukuk issuance


  • Banking Premium
  • Monday, 21 Aug 2017

Malaysian Institute of Accountants (MIA) president Datuk Mohammad Faiz Azmi said the new regulatory body (NRB), which is proposed to be set up by the Committee to Strengthen the Accountancy Profession (CSAP), would help monitor the CFOs and recommend appropriate improvements as and when needed.

KUALA LUMPUR: The shortage of high-quality sukuk in the Islamic finance market is a result of the deficit in virtuous talent, a gap that must be filled fast for Malaysia to remain as the front runner in the industry, globally.

Former Malaysian Institute of Accountants (MIA) president Datuk Mohammad Faiz Azmi said this could pose a great threat to the future growth of the industry as well as limit the potential advancement in the sukuk market.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , Sukuk , Faiz , Azmi , sukuk , talent ,

   

Next In Business News

China Nov export growth slows but imports accelerate Premium
Ringgit edges higher against US$ near 4.24 support Premium
Bursa tracks Wall Street higher as Omicron fears wane Premium
Tiong Nam ready to capitalise on demand for warehousing services Premium
Trading ideas: Mah Sing, Yinson, T7 Global, Kelington, Jade Marvel Premium
Norway's Aker Solutions says Malaysia manager cleared of charges Premium
Iraqi oil minister expects oil to reach over US$75 Premium
Global oil CEOs stress need for fossil fuels despite push for cleaner energy Premium
Oil rebounds by almost 5% on Omicron hopes, Iran talks Premium
GLOBAL MARKETS-Stocks rally, dollar gains as Omicron fears ease Premium

Others Also Read


Vouchers