The Deloitte Islamic Finance Knowledge Center (IFKC) in the Middle East has signed an MOU of a collaborative training initiative with the Islamic Research & Training Institute (IRTI). This collaboration aims to develop industry-based training programs for the industry of Islamic Finance and Takaful in order to streamline professional education and capacity building. Four key
objectives are identified to provide 'Continued Professional Development' and Executive Education programs for the Islamic Finance and Takaful industry stakeholders. First, the collaborative approach amongst industry stakeholders will be strengthened. Moreover, high quality practitioner training and support to industry stakeholders will be provided. Another goal is to assist clients, developing talent management strategies and competency-based training approach in Islamic finance practice. The forth aim is to set the standards of professional excellence and good practices of leadership development in Islamic finance.