Institute of Islamic Banking and Insurance--objectives and activities

The Institute of Islamic Banking and Insurance was founded in September of 1993. The organization is a non-profit establishment located in London. The goals of the institute are to: 1. Promote Islamic banking by means of conferences, lectures, and similar methods; 2. Educate potential Islamic bankers and insurance professionals; 3. Aid and offer advice on Islamic banking and insurance; 4. Develop Islamic finance tools; and 5. Undertake research on topics relevant to Islamic banking and insurance. Organizations that sit on the board of governors are the International Association of Islamic Banks, the Dar al-Maal al-Islami of Geneva; the Institute of Bankers in Pakistan, and the Banking Institute of Iran's central bank. The chairman of the institute is Muzzam Ali. A number of publications are put out by the organization. Amongst the activities that the institute undertakes are monthly lectures and a diploma course that operates on a distance learning system. Over 600 inquiries w