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AMU to introduce Islamic Banking & Finance course

Aligarh Muslim University (AMU) will start a new course in Islamic Banking and Finance to meet the increasing demand of trained personnel in Islamic Finance from the next academic session.

Updated on: Jan 06, 2009 08:54 PM IST
Hindustan Times | By , Aligarh
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Aligarh Muslim University (AMU) will start a new course in Islamic Banking and Finance to meet the increasing demand of trained personnel in Islamic Finance from the next academic session.

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This was decided by the Academic Council as there is a world-wide interest in the Islamic Banking and facilitating its teaching at university level is the need of the hour. Aligarh Muslim University is the first to introduce such a course in India. The Academic Council also approved several major changes in the admission and other rules and regulations pertaining to the research programmes. The meeting prescribes for a university-level combined test for admission to M. Phil. and Phd courses instead of departmental tests.

The NET and JRF qualified candidates would be exempted. Every research scholar will have to attend the department every day. The Academic Council, however, prescribed a 30-day leave in a year for all the research scholars. The department to the office of Dean of the concerned faculty would send the attendance of every research scholar.

Vice-Chancellor Prof PK Abdul Azis, presiding over the meeting of Academic Council, said the working hours on Fridays would, however, remain the same i.e. from 8:00 am to 12:00 noon.

The change in the working hours of the university departments has been made in line with the guidelines of University Grants Commission that stipulates that all the teachers remain present in the department for at least 40 hours in a week.

Prof Azis said that with the implementation of the decision, the teachers would get ample time to interact with the students and also upgrade their teaching.

A meeting of the Academic Council is slated for January 12 to discuss the remaining issues.

 
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