The Rise of Women Executives

Malaysia’s International Centre for Education in Islamic Finance (INCEIF), the only educational institute dedicated to Islamic finance, is seeing a surge in female students from around the world, helping fill a shortage of experts in a global industry set to double to $3.4 trillion by 2018. The industry will require one million professionals worldwide by 2020 to meet the shortage of experts to vet products for conformity with Shariah law and for innovation to spur growth. The institute is seeking sponsorships to increase the ratio of females to 50 per cent from 36 per cent. There are already a number of female Islamic bank executives.