JCorp: RM23m for Islamic business school
JOHOR Corp (JCorp), a government-linked corporation, has put aside some RM23 million for the development of an Islamic business school in Kota Tinggi, Johor.
Its president and chief executive officer Tan Sri Muhammad Ali Hashim said the allocation will be spent over two years, with the first phase involving the construction of a campus, equipped with lecture halls.
"Under the first phase, we will be spending some RM8 million, particularly for the development of a campus which is expected to be completed by 2012," he told reporters after the signing of a memorandum of agreement (MOA) between JCorp and SAID Business School of Oxford University in Petaling Jaya, Selangor, yesterday.
Unlike institutions of higher learning and universities, Muhammad Ali said the academy, known as Akademi JCorp will not offer degree or diploma courses but will conduct short-term courses, based on Islamic concepts and practices in business and entrepreneurship.
"With the availability of such courses on a more structured platform, it will boost business participation of executives, especially from the Muslim community," he said.
Akademi JCorp will offer courses on concepts and practices in line with Islamic principles and practices.
He said Muslims seem to lag in terms of business participation either because they are not well versed and inclined towards the sector or deceived with the misconception that business is materialistic and brings bad influence to Muslims.
"The problem we face in most Muslim countries today is that few jobs are being created as a result of less entrepreneurs in the province," he said.
On the MOA, Muhammad Ali said this will lead to a "business jihad" research project, a visionary concept developed by JCorp, which has three decades of experience in Islamic concept, including corporate waqaf.
"The research will assess the relevancy of the concept to be used by all businesses in Malaysia," he said.
Muhammad Ali said JCorp's corporate waqaf and Intrapreneur-led corporate practices are institutional innovations, introduced to drive business transformation and translate business jihad into reality.
In addition, he said business jihad is aimed at bridging economic divides and integrating Muslims into the global economic mainstream.
He said the research marks the start of a long-term collaboration between JCorp and SAID Business School, which will include several executive education projects over an estimated span of at least a three-year period.
Following the launch of the research, the interim findings will be presented by Muhammad Ali at the inaugural Oxford global Islamic branding and marketing forum, which will be held at the SAID Business School from July 25-27.
Its president and chief executive officer Tan Sri Muhammad Ali Hashim said the allocation will be spent over two years, with the first phase involving the construction of a campus, equipped with lecture halls.
"Under the first phase, we will be spending some RM8 million, particularly for the development of a campus which is expected to be completed by 2012," he told reporters after the signing of a memorandum of agreement (MOA) between JCorp and SAID Business School of Oxford University in Petaling Jaya, Selangor, yesterday.Unlike institutions of higher learning and universities, Muhammad Ali said the academy, known as Akademi JCorp will not offer degree or diploma courses but will conduct short-term courses, based on Islamic concepts and practices in business and entrepreneurship.
"With the availability of such courses on a more structured platform, it will boost business participation of executives, especially from the Muslim community," he said.
Akademi JCorp will offer courses on concepts and practices in line with Islamic principles and practices.
He said Muslims seem to lag in terms of business participation either because they are not well versed and inclined towards the sector or deceived with the misconception that business is materialistic and brings bad influence to Muslims.
"The problem we face in most Muslim countries today is that few jobs are being created as a result of less entrepreneurs in the province," he said.
On the MOA, Muhammad Ali said this will lead to a "business jihad" research project, a visionary concept developed by JCorp, which has three decades of experience in Islamic concept, including corporate waqaf.
"The research will assess the relevancy of the concept to be used by all businesses in Malaysia," he said.
Muhammad Ali said JCorp's corporate waqaf and Intrapreneur-led corporate practices are institutional innovations, introduced to drive business transformation and translate business jihad into reality.
In addition, he said business jihad is aimed at bridging economic divides and integrating Muslims into the global economic mainstream.
He said the research marks the start of a long-term collaboration between JCorp and SAID Business School, which will include several executive education projects over an estimated span of at least a three-year period.
Following the launch of the research, the interim findings will be presented by Muhammad Ali at the inaugural Oxford global Islamic branding and marketing forum, which will be held at the SAID Business School from July 25-27.
Comments
Post a Comment