Kuala Lumpur, 27 October 2022 – Sultan Nazrin Shah today officiated the launch of INCEIF University’s new campus at Jalan Tun Ismail, Kuala Lumpur. Sultan Nazrin was greeted by the newly appointed Chancellor and Pro-Chancellor of INCEIF University, Tan Sri Nor Shamsiah Mohd Yunus (also Governor of The Central Bank of Malaysia / Bank Negara Malaysia) and Tan Sri Dr Mohd Daud Bakar respectively, together with Tan Sri Azman Mokhtar, Chairman of the Board, INCEIF University and Prof. Dato’ Dr Azmi Omar, President and Chief Executive Officer of INCEIF University, on arrival at 2pm.

The new INCEIF University Campus is located at Jalan Tun Ismail, Kuala Lumpur. Measuring 130,000 square feet, the new campus sits on a 1.32 hectares of a quiet area surrounded by greenery within the bustling Malaysia’s capital city of Kuala Lumpur. The campus houses among others the auditorium, classrooms, seminar rooms, computer labs, lounge areas, syndicate rooms, the Knowledge Management Centre and a banquet hall, to name a few. This location which is next to KL’s financial district is in line with Bank Negara Malaysia’s vision to transform the surrounding area into a world-class learning and social centre for business and banking.

Sultan Nazrin Shah, the Royal Patron for Malaysia’s Islamic Finance Initiative and conferred with an Honorary Doctorate in Islamic Finance by INCEIF in 2019 in recognition of his contributions to the growth and development of Islamic finance in the domestic and global financial arena, was gracious enough to deliver the royal address and simultaneously officiate the launch of the new campus.

The landmark event also witnessed the signing of a commemorative plaque by Sultan Nazrin Shah, accompanied by Tan Sri Nor Shamsiah and Tan Sri Azman Mokhtar, to document the historic moment. Sultan Nazrin Shah was also taken to a guided exhibition tracing the early development, history, achievements and the many milestones of INCEIF that has given the university its reputation as the knowledge and thought leader of Islamic finance pioneering in Maqasid Al Shariah, and now the center of excellence in Islamic social finance.

Tan Sri Azman Mokhtar, Chairman of the Board, INCEIF University, said, “Today’s more globalised and digitalised world requires Islamic finance professionals to continuously up-skill themselves to push and expand the frontiers of Islamic finance knowledge and practice. Only with the right talent and values can Islamic finance create an enduring and meaningful impact on society and the economy. As the world’s sole dedicated postgraduate university in Islamic finance, INCEIF University is committed to develop world-class global talent and expertise needed for the industry to realise the Islamic finance aspiration.

We thank Bank Negara Malaysia, who had the foresight to set up a dedicated centre for education and training in Islamic finance which over 16 years has progressed into a full-fledged university. Currently, INCEIF University is among the top 5 per cent business schools in the world as accredited by the Association to Advance Collegiate Schools of Business (AACSB).

INCEIF remains steadfast in our quest to be the knowledge and thought leader in Islamic finance thanks to the combined collaborative efforts among policy makers, Shariah scholars, industry players and academicians. Our sincere gratitude to our partners from the public and private sectors for their continuous support and generosity in the sharing of their expertise, imparting of their knowledge, accepting our students for job placements and contributing to our scholarship fund.”

INCEIF University was set up by Bank Negara Malaysia in 2005 and has been mandated to develop and nurture talent and experts in the Islamic financial services industry. Known to be the only university in the world dedicated to Islamic finance, it aims to be the knowledge leader in Islamic finance through providing excellent teaching, research and thought leadership – bridging both academia and industry. Since welcoming its first cohort of students in June 2006, INCEIF have evolved into a premier higher education institution. From the early days of offering a single online professional qualification, the university has expanded its offerings to include 3 PhD programmes, 5 Masters programmes, 2 professional programmes as well as industry-focused applied research, consulting and advisory services. Today, there are 2,166 INCEIF alumni from over 83 countries around the world. Some are already making meaningful contributions to the advancement of Islamic finance at all levels be it product development, policy framework and implementation, regulation and enforcement, and innovation. INCEIF University’s move to its new and bigger campus is in line with its long-term strategic plan to accommodate an expanded community as the university stays on course to be the knowledge and thought leader in Islamic finance. INCEIF understands that a university is not only a place to pursue the quest for knowledge and skills; it is also a place to nurture the personality of its graduates.

Speech: Inauguration Address by His Royal Highness Sultan Nazrin Muizzuddin Shah at the Launch Of INCEIF University New Campus

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