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HomeISFIRE Vol 10– Issue 1 February 2020Cambridge Islamic Banking Master

Cambridge Islamic Banking Master

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Edbiz Consulting and Cambridge IFA have been mandated to create public awareness on Islamic finance amongst the masses in Pakistan, Afghanistan, Tajikistan, Kazakhstan and the Kyrgyz Republic under the Cambridge Islamic Banking Master, also known as Cambridge-IBM.

Cambridge-IBM, is part of the Islamic financial literacy agenda of Cambridge IFA. The current phase is being supported by the Asian Development Bank (ADB) and the Government of Japan.

Cambridge-IBM is a quiz programme, developed by Cambridge IFA, that offers insights into Islamic financial concepts, products, institutions and markets, organised in a ‘Who Wants to Be a Millionaire?’ format. The session of Cambridge-IBM at the 3rd World Islamic Economic Finance Conference (WIEFC), hosted by Minhaj University Lahore (MUL) was attended by over 200 people and three contestants volunteered to participate.

Out of the three contestants (two men and a woman), Hadia Saqib Hashmi won the contest and became the first Pakistani Cambridge-IBM and the third from around the world. Congratulations to Hadia Saqib Hashmi for achieving this most prestigious recognition. MUL also deserves special appreciation for inculcating Islamic financial knowledge amongst its students.

Cambridge-IBM can be considered as a better tool for learning than a traditional workshop, as it offers instruction and training into Islamic banking and finance through entertainment – a phenomenon is also known as infotainment or edutainment.

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