Great Lakes Institute Of Management Announces Program On Islamic Banking & Finance

Top Quote Great Lakes Institute of Management, Chennai announced a Management Development Program on "Islamic Banking & Finance". Islamic banking is considered the largest alternative financial system in the world today, growing at double digit growth rates with a presence in 75 countries and a total size of approximately of $2 trillion. The program shall be held on April 19 and 20, 2014 at Great Lakes Institute of Management, Chennai. End Quote
  • (1888PressRelease) April 05, 2014 - Chennai - Talking about the program, Saif Ahmed a former Islamic banker and Managing Partner, Infinity Consultants said, "India offers a huge potential to develop innovative Islamic finance solutions in areas such as microfinance, consumer finance and FDI infrastructure investments within existing regulations, and we are very excited about partnering with Great Lakes on this new venture."

    The two-day program is designed to give participants a thorough grounding in the key concepts, products and applications of Islamic banking and finance along with an understanding of the latest developments in this industry and ideas for its implementation in India. The program will be conducted in partnership with Infinity Consultants, a Bangalore based advisory firm focused on training and development of Islamic finance in India.

    About Great Lakes Institute of Management
    Great Lakes, founded by Dr. Bala V. Balachandran and now in its 10th year, is one of India's leading business schools, with campuses in Chennai & Gurgaon, led by exceptional academic faculty, steered by an outstanding advisory council and supported by numerous international collaborations. It is ranked among the top b-schools in India by Outlook, Business World, Business Standard, Career 360 magazines and others. Great Lakes offers full-time management programs, programs for executives as well as energy-sector focused full-time and executive MBA programs. It also has a proven track record of developing and delivering cutting-edge customized programs to meet the dynamic needs of India's leading companies.

    About Infinity Consultants
    Infinity Consultants is an advisory firm based in Bangalore, India that focuses on developing Islamic finance products for the Indian market and in providing corporate finance, business and investment advisory solutions to clients in the Middle East, India & South East Asia. Infinity has pioneered the development of Zayd Chit Funds Pvt. Ltd., India's first Shari'a compliant chit fund company and Zamzam Capital LLP, a leading investment management firm focused on Shari'a compliant funding & investments, while also being at the forefront of delivering a range of high quality Islamic banking & finance based training and certification programs worldwide.

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