Written by : Abu Saad (Investigative journalist on unethical Islamic financial institutions)
AIMS education UK, a UK-based virtual education institute offering courses in Islamic finance, Diplomas to PhDs. The investigation done by one of the journalist expert in unethical practices of Islamic financial institutions shows that the academy is offering unaccredited Masters and PhD programs.
The academy does not show the name of the university on the Masters and PhD web pages.
Information about masters programs in their website : click here
Information about PhD program in their website : click here
If an academic institute is offering Master or PhD, it should mention the name of the awarding body. In this case, the name has been purposely hidden which shows that they manipulate the PhD awarding body.
Phd Award from a bogus university
Further investigations shows, that this university is offering Phd from the University of America, USA. The journalist whatsapp the academy and got to know that the PhD is offered from University of America. This bogus university has done commercial registration in Florida. Chartered in small Island nation Curacao, West Indies . Most of these university accreditations are fake. The accreditation has been cross-checked and not real.
AIM is offering the PhD program for 5,400 British pounds which even do not have supervisors on its faculty list.
Information about AIMS
This is a virtual college run by four Pakistani nationals from Pakistan. The company has been registered in UK as a non-resident company. This is not a British academy but a bogus academy based in Pakistan.
No advisory board or faculty information
AIM Education does not have a faculty list, experts, advisory board, or even administration staff details. Since its virtual academy is run by 4 people who are not qualified, don’t show their faces.
Unethical Institute offering Ethical Finance?
Islamic finance is based on ethical principles. Islamic finance promotes ethics in business and personal life. An academic institution (so called British) offering unrecognized and unaccredited is completely unethical.
The academy should be transparent. Previously the academy was issuing PhD from Pebbles Hills university which just a commercial registration. They do keep on changing the unaccredited universities since they cannot affiliate with a good university as beefing diploma mills
Accreditation status of the University of America
EBMA – is fake accreditation company registered in UK as a limited company
WHED – International University Alliance- not in their database. False information
ATHE – just a regulated diploma provider. Anyone paying center fee will get become approved center. It has nothing do with PhD in Islamic finance
Victual office and virtual university- The university does not have physical campus or physical classrooms. They have just posted their registered Buidling offices.
The university is registered a commercial establishment to offer religious studies in Florida but they are offering courses more 100+ in everything
Over all, these PhD in Islamic finance has value. Just a diploma mill.