Business is booming for Islamic financial institutions across the Gulf Co-operation Council (GCC) and near region. But such is the demand for sharia-compliant financial products that, across the board, the number of people with appropriate skills and qualifications falls well short of what the region requires to meet industry growth projections.
According to a study by international management firm AT Kearney, released in December, Islamic banking in the region is growing at between 15% and 20% a year. And if it continues apace, 30,000 new Islamic banking jobs will have to be filled in the next decade.
