Zayed University launches InveSlamic Club to promote Islamic economics and ethical finance


Around 200 Zayed University students enrolled in the club

zuaAbu Dhabi, UAE: In line with Dubai’s ambition to become a hub for Islamic economics and finance, a group of around 200 students at Zayed University launched the InveSlamic Club in an event held recently at Abu Dhabi campus.

Dr Marilyn Roberts, Provost at Zayed University, and Suzanna El Massah, Assistant Professor at the College of Business and founder of the InveSlamic Club, inaugurated the two-day event in the presence of a large number of students from Zayed University.

The event saw various interactive stations that showcase the difference between conventional and Islamic banking and other games to indicate your money management skills.

Professor Suzanna said: “Although the InveSlamic club started only two months ago, we succeeded to hold enormous interactive activities, workshops, and lectures delivered by prominent guest speakers, which aimed at enriching Zayed University Community’s practical knowledge and improving their capacities, skills, and experiences in Islamic economics and ethical finance as a driving force of sustainable development.”

She added: “Zayed University is always keen on preparing qualified graduates who can fulfill the UAE labour market requirements, which is in dire need for experts and specialists in Sharia-compliant banking industry that is growing rapidly.”

According to recent statistics released by the Dubai Islamic Economy Development Center, around 8,000 Islamic finance experts are needed in order to foster an Islamic economy and enhance Sharia-compliant banking institutions.

Students expressed their excitement to be part of the InveSlamic Club at Zayed University.

Latifa AlSubousi, President of InveSlamic Club and senior student at the College of Business, said: “At Zayed University, we studied various courses including, an Islamic finance course that was designed particularly to give us an insight into the building blocks of Islamic finance, one of the fastest growing segment of the global finance industry and a highly wanted profession in the UAE.”

About Zayed University:

Zayed University is today the premier national university in the United Arab Emirates and a regional leader in educational innovation and change. It has created and implemented a skills-rich, outcome-based general education program that systemically develops student skills, knowledge, and values associated with liberal learning and provided a solid foundation for pursuit of disciplinary majors and future careers. Zayed University welcomes national and international students, and provides them with a high quality education, offered by seasoned teaching scholars to prepare them to shape the future of the United Arab Emirates.

Zayed University offers Undergraduate and Graduate degrees in the following Colleges: College of Arts & Creative Enterprises (recognized as substantially equivalent by NASAD), College of Business (Accredited by AACSB), College of Communication & Media Sciences (Accredited by ACEJMC), College of Education (Accredited by NCATE), College of Humanities and Social Sciences, College of Natural and Health Sciences, and College of Technological Innovation (Accredited by ABET).