FAAUUM ONLINE: Universiti Utara Malaysia (UUM) gained the credence of the International Council of Islamic Finance Educators (ICIFE), an international body when six lecturers from the Islamic Business School (IBS) and the School of Economics, Finance and Banking (SEFB) were appointed as Finance Accreditation Agency (FAA) certified assessors.

The six lecturers are Dr. Mohamad Yazid Isa, Dr. Mohd Fikri Sofi, Dr. Nashirah Abu Bakar, Dr. Noraini Yusuff, Mr Ali Badron Mokhtar and Mr Shahrul Nizam Ahmad.

Dr Mohamad Yazid said as an international body, ICIFE presides over academics in the field of Islamic finance with the aim of strengthening the quality of academics through the organization of various learning and teaching activities.

According to him, through cooperation with the FAA, ICIFE will prepare academics to be fellow assessors of Islamic financial programmes in educational institutions as well as financial institutions.

"In December of last year, UUM was selected as one of the locations for the 'Assessor Certification Programme for the International Council of Islamic Finance Educators Members' where lecturers will be trained to become FAA certified evaluators.

"This will be added value to the selected lecturers in the development of Islamic finance on a global scale," he said.

Dr. Mohamad Yazid said he and five other IBS lecturers had undergone and passed the workshop. They were subsequently appointed as FAA assessors.

According to him, they would be given a role in evaluating certificate, diploma, degree programmes especially the ones elated to financial field offered in educational institutions and also financial institutions.

Meanwhile, the Dean of IBS, Assoc. Prof Dr Muhammad Nasri Md Hussain said he was deeply honoured when IBS and SEFB lecturers were able to amass the confidence of the body and ultimately be selected to be FAA certified assessors.

As an accreditation body in the field of finance, FAA focuses on Muamalat and Islamic banking; it is supported by Bank Negara Malaysia and the Securities Commission Malaysia.

"The appointment of a panel from UUM is very significant in the development of Islamic financial education industry towards achieving international visibility. This in turn would greatly assist in the development of global human capital to meet the international financial market," he said.