KUALA LUMPUR, Oct 3 (Bernama) -- Three Islamic banks in the country have invested more than RM3 million to ensure that they have a future-ready Islamic finance workforce.

Islamic Banking & Finance Institution Malaysia (IBFIM) Chief Executive Officer Yusry Yusoff said these banks – MBSB Bank, Public Islamic Bank and Bank Rakyat – were seeking to upskill close to 5,000 talents. 

“This will ensure their employees’ skills remain relevant as the industry and complexity of shariah issues evolve,” he said in a statement today. 

Yusry said businesses must ensure that their employees had the necessary competencies to thrive amid Islamic finance's remarkable growth and the speed in which technology was changing, as well as the drive for a global Islamic digital economy. 

“The focus by the three banks and our regional client, Bank Islam Brunei Darussalam, on upskilling professionals strengthens their competitive positioning,” he added.

IBFIM has trained and nurtured over 32,000 people in the Islamic financial services industry.

-- BERNAMA