JCorp to build RM23 mil Islamic business school

PETALING JAYA: Johor Corp (JCorp) is building a RM23 million Islamic business school in Kota Tinggi, Johor.

Its president and chief executive, Tan Sri Muhammad Ali Hashim, said the business school, Academy JCorp, would focus on teaching, developing and implementing Islamic principles into business practices.

"The first phase of construction, at RM8 million, would be completed by January 2011 while the entire project would be completed in 2012," he said after witnessing the signing of a Memorandum of Agreement (MOA) between JCorp and Oxford Said Business School here on April 2.

Muhammad Ali said the academy would boost the business participation of executives especially those from Muslim countries.

"The problem we face in most Muslim countries today is few jobs are being created as a result of less entrepreneurs in the province," he explained.

On the MOA, Muhammad Ali said it would lead to the development of a "Business Jihad" research project, a visionary concept developed by JCorp.

"The research will assess the relevancy of the concept to be widely used by

all businesses in Malaysia," he added.

The interim findings will be presented by Muhammad Ali at the Inaugural Oxford Global Islamic Branding and Marketing Forum at University of Oxford on July 25, 2010.

"After the forum, we expect a wider memorandum of understanding (MOU) with Oxford.

"Under the MOU to be signed in few months, the University of Oxford will develop executive and unique programmes with Islamic content for our academy," he said. -- Bernama