Description

• Introduction

• Objectives

• Method/Approach

Members

Education Grants and Projects

Events

INTRODUCTION

Over the last two decades significant interest has developed in Islamic economic development among policy-makers, researchers and enterprises. The increased interest is due to the following reasons:

• opening up of Islamic societies to the global economy;



• increasing flows of financial assets, human capital, knowledge, technology and innovation to and from the Islamic world;



• diverse world views of socioeconomic development in Islamic communities, which have resulted in varying levels of socioeconomic development in the Islamic world – leading to uneven distribution of wealth among the various communities in the Islamic world; and,



• the rise of Islamic banking & finance as an alternate financial system to the conventional financial architecture.

To support Islamic countries’ aim of leap-frogging to the knowledge economy and enhancing the socioeconomic well-being of citizens, the School of Business at Monash University Sunway Campus proposes to establish an Educational Strength in ‘Islamic Economic Development’.

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This education strength will:

• enhance human capital development by enabling scholars from the region to undertake undergraduate, post-graduate and research-based education in Islamic Economic Development Studies – backed by the experience and expertise in the school and the faculty;



• focus on building sustainable competitiveness in areas of critical economic importance for Malaysia and other countries in the Islamic world ;



• foster linkages and collaborations between scholars, policy-makers and industry in the region through the development of new courses, training programs, conferences and workshops; and



• strengthen the reputation and standing of Malaysia as a leader in the Islamic world for delivery of world-class tertiary education – fulfilling the vision of the Malaysian Government to transform the education sector into a Regional Centre of Educational Excellence.

The education strength will also play a critical role in facilitating the transformation of the Malaysian education sector into a centre of educational excellence by:

• pursuing research-led learning and encouraging knowledge transfer to the public sector and local industry;



• developing programs, seminars and workshops to continuously upgrade the skills and knowledge of the local community; and



• producing well-prepared graduates who can value-add to the economy and Islamic communities.

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METHOD/APPROACH

The education strength would undertake three primary activities:

• provide educational programs related to the transformation of science and technology to wealth & socioeconomic development initiatives for students, civil servants, researchers and industry in the Islamic world;



• provide hands-on training and workshops for industry to undertake research into the creation of wealth from scientific and innovative endeavours; and,



• be a conduit for researchers, scholars and practitioners to collaborate and exchange new educational content and delivery modes that will enhance the socioeconomic status of the diverse communities in the Islamic world

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MEMBERS

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EDUCATION GRANTS AND PROJECTS

EVENTS

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