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UCB Signs Agreement With Malaysian Finance Accreditation Agency

posted 24 Nov 2014, 22:30 by UCB Admin   [ updated 24 Nov 2014, 22:31 ]
Sunday, 03 November 2013

The FAA(Finance Accreditation Agency) which is commissioned by the Central Bank of Malaysia, signed the Cooperation Agreement with University College of Bahrain (UCB) in the presence of H.E. Dato’ Ahmad Shahizan Abdul Samad, Malaysian Ambassador to Kingdom of Bahrain and Dr. Khalid Al Khalifa, Chairman of UCB on November 3, 2013 at UCB, Manama Bahrain.

The agreement is set to encourage the development and delivery of quality learning of academic programmes for the Islamic Finance and Finance related programmes in Bahrain. FAA CEO, Dr Amat Taap Manshor said, the agreement would enable two organizations to cooperate in enriching the development of talent of the finance professionals in Middle East generally and Bahrain in particular. The cooperation clearly shows UCB’s commitment towards quality of its Islamic Finance programs and the education that has been offered in UCB. This agreement was initiated and mediated by Dr. Sutan Emir Hidayat, Assistant professor at UCB and in order to proceed with the accreditation process, Dr. Khalid Al Khalifa appointed Mr. Imam Buchari to be the person in charge (PIE).

“In today’s highly dynamic and evolving financial system, establishing business relations to strengthen the financial institutions cannot be overemphasized. FAA enters this significant partnership to reach this goal which supports the agenda in bringing the best practices to the industry”, Dr Amat added.

‘The cooperation with FAA shows our keen initiative to develop collaborations and affiliations for the benefit of UCB and to enrich the quality of our Islamic Finance programs offered here”, commented Dr. Khalid Al Khalifa, UCB Chairman.