MDI to introduce Islamic finance certificate course

Wednesday, November 15, 2017

The Director General of the Management of Development Institute (MDI), Alieu Jarjue, has disclosed that come January 2018, MDI would introduce Islamic finance certificate level course geared towards promoting Islamic finance in The Gambia.

He made this statement during the closing ceremony of a three-day training program for bank officials from both the public and private sectors on fundamental Islamic finance held at the MDI conference room.

Speaking at the closing ceremony, Mr Jarju, praised the Almighty Allah for making the event a success, adding that the training program on Islamic banking would be a hub and there would be a lot of programs in December.

He further disclosed that MDI would invite lecturers from Turkey and Malaysia, saying that most people who undergo the training would be experts on their own, who would then replicate as a training of trainers.

He said capacity building was a house development of their national blueprint in vision 2020, stating that without capacity building nothing is possible.

He said Islamic finance has come to stay and it is high time they embraced it and tried to build their manpower.

He thanked the Ministry of Finance for sending sixteen participants to Islamic finance training program, which was a clear indication of their commitment to the program.

He assured that in January MDI would for the first time in the history of the country be introducing Islamic finance certificate with the cooperation of the Central Bank.

Mr Jarju spoke at length about the importance of capacity in the current generation, saying that without capacity nothing would move, citing countries like Japan, who he said are well capacitated and are now managing their resource judiciously.

Yankuba Drammeh, 2nd deputy Governor of the Central Bank of The Gambia, commended the management of MDI for taking up the bold initiative in building capacity of bank officials.

Mr Drammeh dilated extensively on the need to promote Islamic finance and urged the participants to take the course seriously.

He also challenged them to put the knowledge gained into action.

At the end of the program, participants urged MDI management to continue organising that type of training which will greatly help in expanding the minds of the people to focus on Islamic Finance.

Author: Abdoulie Nyockeh