Abu Dhabi/Mumbai, May 6 (IANS) BSE Institute, a wholly-owned subsidiary of Bombay Stock Exchange (BSE), Monday signed a memorandum of understanding with IBMC Financial Professionals Group of the United Arab Emirates to offer knowledge and skills to professionals and investors, and support the growth of financial markets in that region.
The institute will offer its course to investors, college students and general public in Abu Dhabi, Dubai and Sharjah.
“The tie-up will provide training programmes, including flagship programmes like introduction to Shariah-compliant Qualified Foreign Investors, Islamice Finnance, etc in the GCC regions, enabling investors make informed investment decisions,” said BSE Managing Director Ashish Kumar Chauhan.
Added the institute’s Managing Director Ambarish Datta: “With the knowledge and skills required to directly invest in Indian equity market (will) lead to the widening of the class of investors, attract more foreign funds, reduce market volatility and deepen the Indian capital market.”
Datta added that professional training will significantly enhance the skills of professionals in the region to make the GCC region a global gateway for equity, currency and commodity trade.
IBMC Financial Professional Group Chairman and Managing Director Hazza Mohammed Al Dhaheri and CEO Sajith Kumar also spoke on the occasion.
The BSE Institute Ltd inherits the knowledge and insights into the capital markets industry garnered by BSE over the past 136 years.
It offers a wide range of programmes ranging from one-day workshops to fulltime post-graduate programs in financial markets, banking and finance, business journalism, and certificate courses for professionals in areas like cash markets, derivatives and mutual funds.
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