Aligarh University India starts course in Islamic Banking and Finance


Aligarh: The Aligarh Muslim University 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. 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 department every day. The Academic Council, however, prescribed a 30 day leave in a year for all the research scholars. The attendance of every research scholar would be sent by the department to the office of Dean of the concerned Faculty.

In order to put premium on academic excellence and providing the students with more opportunities to interact with the teachers the working hours of all the departments and colleges of Aligarh Muslim have been increased from 8:00 am – 2:30 pm to 8:00 am – 4:00 pm. This was resolved in the meeting of Academic Council held in the Administrative Block of the University on January 5.

Vice Chancellor Prof. P. K. Abdul Azis, presiding over the meeting of Academic Council, said that the working hours on Fridays will, however, remain the same from 8:00 am to 12:00 noon. The change in the working hours of the University departments is 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 will get ample time to interact with the students and also upgrade their teaching.

Addressing the meeting, Vice Chancellor expressed satisfaction on the fundamental changes witnessed in the campus for the last several months. He said that the research scholars of the University have created a record by submitting 375 PhD theses this year. He said that the admissions were made smoothly this year which facilitated peaceful teaching during the current academic session. Prof. Azis thanked all for their cooperation in the great achievement.

The Academic Council has also re-designated the posts of Director, Assistant Director and Project Officer of the Adult and Continuing Education Centre of AMU as per the UGC directives. These posts shall now be re-designated to the Professor, Reader and Lecturer respectively.

The meeting of Academic Council was adjourned and now it is slated for January 12 to discuss the remaining issues.

Source : nvonews