File - People walk outside a CIMB bank branch in Putrajaya July 17, 2014. REUTERS/Olivia Harris
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Demand for Islamic finance training from non-Muslims rose more than fourfold in the past seven years as students seek to enter an industry whose assets are set to double to $3.4 trillion by 2018 .Malaysia's International Center for Education in Islamic Finance had 2,000 people enrolled on its courses this year, of whom about 14 percent are from nations with small Muslim populations, its Chief Executive Officer Daud Vicary Abdullah said in Kuala Lumpur Wednesday. Ernst & Young LLP forecasts Islamic lenders will have 70 million customers by 2018, up from 38 million last year.The industry needs 1 million people with Islamic finance knowledge by 2020 as Shariah-compliant assets are set to reach $6.5 trillion by then, according to the Malaysia International Islamic Financial Center.More education is needed to clear up misperceptions about the Shariah-compliant industry that some people have, he said.
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