The Edcomm Group Banker’s Academy has now supported several financial institutions in establishing an Islamic Banking presence in the United States. Whether the banks are new (de novo) entities providing only Islamic Banking, or existing banks that wish to establish an Islamic Banking Division, Edcomm Banker’s Academy is now the place to go for advice and assistance.
In order for Islamic Banks to be competitive with conventional banks and attractive to customers, Islamic financial products must meet the risk/reward profiles of depositors, investors and issuers, while at the same time following the laws of Sharia. Additionally, Islamic Banks must educate their personnel to understand the tenets of Islamic law that pertain to banking. Edcomm Banker’s Academy has created Islamic Banking Compliance to address these vital needs with Consulting, Documentation and Training.
The Edcomm Group Banker’s Academy is a 21-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share – providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, classroom instruction, multimedia production and online and print based documentation. Edcomm Banker’s Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).
The Edcomm Group Banker’s Academy is headquartered in New York City with an Advanced Design Center located in Fort Washington, Pennsylvania.
Edcomm Banker’s Academy met with Path Solutions, the leading provider of software for Islamic Banking to discuss the training needs of Islamic Banks. Path Solutions is a leader in the delivery of integrated solutions and services to the financial marketplace. They offer a comprehensive range of software products, outsourcing and consulting services that address the whole spectrum of the global finance industry and specifically, the Islamic Finance Industry.