KUALA LUMPUR, Nov 28 (Bernama) -- The International Centre for Education in Islamic Finance (INCEIF) has become the only Islamic finance-focused university in Malaysia to be accredited by the Association to Advance Collegiate Schools of Business (AACSB).

In a statement today, INCEIF said its academic programmes were among the top five per cent of business programmes in the world to receive the accreditation, which recognised institutions that demonstrated a focus on excellence in all areas, including teaching, research, curricula development, and student learning. 

“AACSB International accreditation is one of the mission critical objectives that INCEIF has been pursuing since 2012. The AACSB accreditation process is a meticulous and comprehensive review of the institution’s mission, quality of teaching, research breadth and depth, and programme and curriculum development.

“INCEIF’s AACSB accreditation journey was initiated as a bold move towards achieving its vision ‘To Be the Knowledge Leader in Islamic Finance’ and advancing its mission (key result areas) including academic excellence, reputation and financial sustainability,” it said.

The accreditation has validated INCEIF’s outstanding educational experience and benchmarked the university globally against some of the most respected institutions in the world.

“It affirms INCEIF’s role in developing world-class talent and participating in innovative research projects for the global Islamic financial services industry, and reinforces Malaysia’s position as the global hub for the industry,” the statement said.

INCEIF, which welcomed its first batch of graduates in 2009, now boasts 1,747 alumni who hail from 72 countries, including Indonesia, Japan and China.

-- BERNAMA