SC Malaysia Launches Shariah Mentorship Programme to Build Talent Pipeline
by Fintech News Malaysia October 31, 2023The Securities Commission Malaysia (SC) has launched the Shariah Mentorship Programme, a three-year initiative to build a sustainable talent pipeline of Shariah professionals in the Islamic capital market (ICM).
The programme is administered by ISRA Consulting, a wholly-owned subsidiary of INCEIF University and the SC’s strategic partner. It focuses on developing capable Shariah professionals with increased professionalism, technical competencies, and regulatory expertise.
Each cohort of the programme will consist of 15 participants who will undergo a two-month intensive classroom learning and a six-month internship placement at selected organisations.
Participants will also receive a monthly allowance throughout the programme, supported by the Capital Market Development Fund (CMDF).
Throughout the two-month classroom learning, participants will also receive structured guidance and learnings from the SC’s Shariah Advisory Council (SAC) members and subject matter experts in the industry.
Overall, more than 40 Shariah professionals and fresh graduates are expected to participate in the programme.
Dato’ Seri Dr. Awang Adek Hussin
The SC Chairman Dato’ Seri Dr. Awang Adek Hussin said,
“This initiative is part of the SC’s continuous efforts to build an innovative and competitive ICM, with talent development as a key enabler for broadening the breadth and depth of Malaysia’s ICM.
The SC’s partnership with ISRA Consulting reinforces our commitment to enhance the capabilities and abilities of ICM practitioners in Shariah governance, particularly in strengthening entry requirements and dedicated learning programmes for Shariah advisers.”
