The Securities Commission Malaysia (SC) today announced the start of the second cohort of the Shariah Mentorship Programme, stepping up its efforts to build an innovative and competitive Islamic capital market (ICM).
More than 250 applications were received when applications for the second cohort was opened in March this year, with 15 participants selected. This brings the cumulative number of participants in the program to 30 since inception.
Launched in October last year, the programme is a unique mentorship initiative to develop skilled Shariah professionals for the ICM. It is piloted through a strategic partnership with ISRA Consulting, a subsidiary of INCEIF University.
The programme's first cohort of 15 participants graduated today, having completed two months of intensive classroom learning, followed by six months of internship at selected participating organisations.
Over 50% of these graduates have secured permanent employment with the participating organisations.
The programme is one of the SC's initiatives under the Capital Market Masterplan 3 (CMP3). It is aimed at broadening the ICM’s breadth and depth through talent development and capacity building.
The SC Chairman Dato’ Mohammad Faiz Azmi said there is a pressing need for more professionals proficient in both Shariah principles and ICM knowledge in order to meet the growing market demands.
“With the ICM’s rapid expansion, there is an urgent need for more professionals wellversed in both Shariah principles and market dynamics to ensure its continued growth,” he said at the graduation ceremony held at INCEIF University.
The second cohort will also now benefit from a refreshed curriculum based on feedback from the first cohort. Key improvements include a hybrid format to accommodate the needs of working participants, and an extended classroom module from two to three months for a more meaningful learning experience.
These moves aim to provide an impactful learning environment that integrates real-world application and technical aspects of ICM.
For more information on the Shariah Mentorship Programme and details on when to apply for the third cohort, please visit www.inceif.edu.my/shariah-mentorship-programme/.
