IFAAS becomes Networking Partner of Madinah Institute of Leadership & Entrepreneurship for forthcoming PALM 6 programme
19th February 2014 – IFAAS (Islamic Finance Advisory & Assurance Services), the international Islamic finance consultancy, has become Networking Partner of the Madinah Institute of Leadership & Entrepreneurship (MILE – www.mile.org) for the 6th edition of its forthcoming flagship Program for Advanced Leadership and Management (PALM). PALM 6 will be held in Madinah, Kingdom of Saudi Arabia from 12th – 24th April 2014.
MILE brings together senior executives and high potential leaders from all over the world. PALM6 offers the latest management concepts and tools, focused on transforming senior executives into leaders. Focusing on impact, this high-level multinational forum challenges business leaders both personally and professionally, enabling them to successfully transform their organisations and reach their personal goals.
The program addresses core business management areas such as strategic planning, corporate finance, marketing and branding, operational excellence and multinational business strategies for the global and dynamic business environment. The program also offers action-based learning through live, simulated decision-making exercises designed to sharpen delegates’ leadership skills. At the end of the programme, participants will be equipped to handle the tough decisions required to succeed in today’s global economy.
Subject experts from leading business schools, including Harvard (USA) and IESE (Spain), will attend the programme to deliver lectures to participants. They will also facilitate workshops designed to engage participants by developing solutions to real-life business problems, by working closely with their peers.
Commenting on the partnership, Khazi M. Zafar, Director of Programs at MILE said, “MILE is delighted to be partnering with IFAAS, a renowned Islamic finance industry leader. Both MILE and IFAAS have developed solid reputations for empowering businesses to achieve results, and so the partnership is a natural fit for both organisations. We believe that the partnership with IFAAS will help take our celebrated PALM programme to new markets with significant potential.”
Farrukh Raza, managing director, IFAAS, also commented, “PALM 6 is a programme designed to omorrow’s leaders, today. We believe that it is particularly beneficial for executives in the rapidly growing Islamic finance industry, offering them an unrivaled Executive Education programme and equipping them with the skills they need to unlock their full potential. Transforming executives into leaders, PALM will enable participants to discover new dimensions in leadership and management practices and help them to boost the performance of their organisations while accelerating their own business careers.”
MILE selected IFAAS as its partner due to its long-standing experience and outstanding reach within the Islamic finance industry. Placed at the forefront of the Islamic finance industry, IFAAS has supported a range of Islamic banks, Takaful providers, central banks and national regulators with its services. Most recently, IFAAS was announced as winner of the ‘Islamic Finance Industry Development Challenge’, part of the inaugural, international ‘Ethical Finance Innovation Challenge & Awards’, created by Thomson Reuters and Abu Dhabi Islamic Bank.
IFAAS’ founding members have also been instrumental in establishing a number of pioneering Shariah-compliant brands and launching innovative products across different sectors of the Islamic financial industry. Over the last few years IFAAS has developed into the first point of call for professional advisory on Islamic financial projects in Europe, Africa, the Americas and the Middle East.