Master in Sharia Compliant Finance to open in Rome, Italy

The dimensions and interest in Islamic finance are growing, and the world of education is beginning to adapt as well: from this autumn a Master’s degree in ‘Mediterranean and Arab Finance and Banking’, organised by Rome-based La Sapienza university in collaboration with the Institute of Economic and Financial Studies for the Development of Mediterranean Countries (ISME), will be launched in Rome.

The initiative is patronised by the Italian Banking Association (ABI) and the Union of Arab Banks (UAB), and it is within the memorandum of understanding signed by the two organisations in September for the promotion of the relations between Italian and Arab banks.

The Master’s will be international, with lectures held exclusively in English by university professors, managers, professionals and experts in finance compliant with Sharia, daily Il Sole 24 Ore wrote today. The course « is aimed at educating a particular professional figure that will be ever more demanded by the banks, in Italy, but above all in the entire economic system of the Mediterranean, » head of ABI’s corporate area Domenico Santececca explained.

Source : ANSAmed, May 8, 2008

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