Latest news with #ICM
The Star
08-07-2025
- Business
- The Star
SC, Durham University ink MoU to advance Islamic capital market education
KUALA LUMPUR: The Securities Commission Malaysia (SC) has signed a memorandum of understanding (MoU) with Durham University to strengthen cooperation in capacity building, knowledge sharing, and joint initiatives in Islamic finance and Islamic capital market (ICM). In a statement today, the SC said the inaugural ICM Summer School is one of the collaborations under this MoU, jointly organised with the Durham Centre for Islamic Economics and Finance, Durham University Business School. SC chairman Datuk Mohammad Faiz Azmi said the ICM Summer School is a milestone in cultivating visionary leaders for the future of Islamic finance, driven by a shared commitment to advancing capacity and thought leadership across the industry, from practitioners to seasoned scholars. "By embedding Maqasid al-Shariah principles, we aim to build an ethical, sustainable, and innovative capital market. Our partnership with Durham University equips professionals to reinforce Malaysia's global leadership in Islamic finance. ''The SC aims for Maqasid al-Shariah to serve as a strategic differentiator, driving innovation and collaboration among regulatory bodies and Islamic industry players worldwide,'' he said. Mohammad Faiz also said that the initiative reflects a strong commitment to advancing the values outlined in the Maqasid al-Shariah Islamic Capital Market Guidance introduced by the SC in 2023. The SC said the ICM Summer School programme will run from 2025 to 2027, with one cohort annually, with the inaugural group of 15 participants commencing a month-long hybrid programme in the third quarter of 2025. It said the advanced executive programme is designed for mid- to senior-level professionals and leaders in the Islamic finance industry, with a minimum of five years' relevant working experience. Upon completing intensive online modules, SC said participants will attend a five-day masterclass at Durham University and, upon successful completion of the programme, will receive joint certification from the SC and Durham University. The curriculum will cover key areas including Sukuk, Islamic equities, Shariah-compliant products, fintech, sustainability, regulatory frameworks, and product innovation, with a central focus on applying Maqasid Al-Shariah principles to promote ethical, inclusive, and sustainable Islamic capital market and finance practices. - Bernama
New Straits Times
08-07-2025
- Business
- New Straits Times
SC, Durham University forge partnership to advance Islamic finance education
KUALA LUMPUR: The Securities Commission (SC) has signed a memorandum of understanding (MoU) with Durham University to strengthen collaboration in Islamic finance education, research and innovation. The MoU includes the newly launched Islamic Capital Market (ICM) Summer School initiative, which the Durham University Centre for Islamic Economics and Finance organises in collaboration with its Business School. The initiative aims to equip professionals with strategic leadership skills and a deeper understanding of Maqasid al-Shariah in Islamic capital markets. SC chairman Datuk Mohammad Faiz Azmi said the initiative is a milestone in nurturing future leaders of Islamic finance. "This is driven by a shared commitment to advance capacity and thought leadership in the industry, from practitioners to seasoned scholars," he said in a statement. "By embedding Maqasid al-Shariah principles, we aim to build an ethical, sustainable and innovative capital market." He said the programme aligns with the values outlined in the Maqasid al-Shariah Islamic Capital Market Guidance introduced by the SC in 2023. Durham University vice-chancellor and warden professor Karen O'Brien said the university has a long-standing contribution to Islamic finance research and education. "Durham has a history of over 30 years in Islamic finance research and has trained over 1,500 individuals through our summer school since 2006. "This new partnership will continue to train and inspire current and future leaders, upholding a tradition of thought, practice and leadership," she said. Running from 2025 to 2027, the ICM Summer School will offer one cohort annually, starting in the third quarter of 2025. Each cohort will include 15 participants in a month-long hybrid programme. The curriculum will cover key areas, including sukuk, Islamic equities, Shariah-compliant products, fintech, sustainability, regulatory frameworks, and product innovation. A core emphasis will be placed on the application of Maqasid al-Shariah principles to foster a more inclusive and resilient Islamic capital market. Targeted at mid- to senior-level professionals with at least five years of experience in the Islamic finance industry, the programme combines online modules and a five-day in-person masterclass at Durham University. Graduates will receive joint certification from the SC and Durham University.
Agriland
03-07-2025
- Business
- Agriland
ICM to sponsor 3 sheep classes at Tullamore Show
Irish Country Meats (ICM) is set to sponsor three classes in the sheep section at this year's Tullamore Show and FBD National Livestock Show. The annual event is set to return to the Butterfield Estate, Blueball, Tullamore, Co. Offaly on Sunday, August 10. Following on from a record-breaking entry of over 1,000 sheep at the 2024 event, it is hoped that this year will see the sheep section showcase an even bigger and better selection of sheep across the various different classes. Once again this year, the Navan, Co. Meath and Camolin, Co. Wexford-based sheep processor has committed to sponsoring a number of classes on the day. The deadline for online entries is this Friday, July 4, and the following classes will be sponsored by ICM this year: Class 528 : 4 Star or 5 Star Multi-Breed Shearling Ram and Upwards; : 4 Star or 5 Star Multi-Breed Shearling Ram and Upwards; Class 529 : 4 Star or 5 Star Multi-Breed Ram Lamb; : 4 Star or 5 Star Multi-Breed Ram Lamb; Class 395: Junior Stockperson of the Sheep Section Class 528 is open to all 4/5 star genotyped Shearling rams and class 529 is open to all 4/5 star genotyped ram lambs. Exhibitors in class 395 must be aged 16 or under on the day of the event with proof of age available. Entrants in this class must present a pedigree or commercial sheep in the ring. Sustainable Livestock Village returns to Tullamore Show The Sustainable Livestock Village is set to return to the Tullamore Show and FBD National Livestock Show on Sunday, August 10. This year, there will be a strong emphasis placed on the role of young farmers in delivering sustainable change, with Macra joining the village for the first time to highlight generation renewal and youth-led innovation. Minister of State at the Department of Agriculture, Food and the Marine, Noel Grealish, officially launched the 2025 village on the farm of FBD Young Farmer of the Year 2024, dairy farmer, Christopher Cahill.
Business Wire
27-06-2025
- Business
- Business Wire
Western New York Energy Sees Major Oil Recovery Gains with Installation of ICM's FOT Oil Recovery™ System
COLWICH, Kan.--(BUSINESS WIRE)--ICM, Inc. announced today the successful installation and startup of its FOT Oil Recovery™ System at Western New York Energy (WNYE), an ethanol facility located in Medina, New York. The installation marks the eighth commercial deployment of ICM's proven mechanical oil separation technology, with additional systems under construction. Following a smooth, quick startup, WNYE reported an increase of nearly 80 percent in corn oil yield, going from 0.67 to as much as 1.20 pounds per bushel. This represents a significant performance gain, particularly in a region where the fat content of incoming corn is typically lower than the national average. Additional benefits include a 4 percent reduction in natural gas usage, improved distillers grain quality, and a rise in fermentation yield. 'In my 18-year career, this was probably the quickest and most successful project I've been a part of,' said Isahia Schoolcraft, Vice President of Operations at WNYE. 'We completed construction, started up the system, and the very next day we saw the results we were promised.' 'We evaluated multiple technologies and felt this was the best fit for us,' added Timothy Winters, President and CEO of WNYE. 'The system integrated smoothly with our existing operations, and the ICM team was flexible and collaborative throughout the process. They designed around our plant, trained our operators, and made sure we were set up for success.' ICM's FOT Oil Recovery™ System is a mechanical solution that does not require the use of chemicals or demulsifiers. It helps ethanol producers recover more corn oil while offering flexible configurations to meet plant-specific goals and budget. 'Western New York Energy continues to be a strong partner, and we're proud to help them achieve this level of performance,' said Chris Mitchell, President and CEO of ICM, Inc. 'The results speak for themselves. Greater yield, less energy use, smooth startup, and a very happy customer. That's the kind of impact we aim to deliver.' About ICM, Inc. Established in 1995 and headquartered in Colwich, Kansas, with a regional office in Brazil, ICM provides innovative technologies, solutions, and services to sustain agriculture and to advance renewable energy, including ethanol and feed technologies that will increase the supply of world protein. By providing proprietary process technologies to over 110 facilities globally with a combined annual production of approximately 8.8 billion gallons of ethanol and 25 million tons of distiller grains, ICM has become a world leader in biorefining technologies. For additional information, visit About Western New York Energy, LLC Western New York Energy, LLC, is a locally owned company founded in 2004 to develop the full potential of Western New York's renewable energy resources. Production at our $90 million facility began immediately after the completion of construction in November 2007. WNYE was the first biofuel plant in the Northeast United States and is currently the only large-scale facility in New York, producing over 60 million gallons of ethanol annually. For more information, visit
American Press
23-06-2025
- Entertainment
- American Press
Imperial Pour fundraiser offers wine, art with a sip of culture
Imperial Calcasieu Museum's The Imperial Pour on June 27 will offer a chance to sample fine wines, examine works of art highlighting corkscrews and learn history related to Southwest Louisiana. (Special to the American Press) L ocals will have an opportunity to sip on hand-selected wines and learn some history next week at the Imperial Calcasieu Museum's The Imperial Pour. From 6-8 p.m. on June 27, ICM is offering an inaugural artful wine-tasting experience. Guests will be treated to six wine pours and pairings, curated by Ryan Kennedy, a Lake Charles-based sommelier. While sipping, they can enjoy after-hours access to the exhibitions on display at the museum: 'Through the Lines,' 'El Nuevo Constante: Shipwrecked' and 'The Conde Antique Corkscrew Collection.' 'Through the Lines' features pieces from ICM's permanent collection, which showcases foundational Louisiana artists like John James Audubon, Boyd Cruise and Angela Gregory. 'El Nuevo Constante: Shipwrecked' is a historical collection that includes recovered artifacts from a Spanish merchant vessel that sank near the coast in 1766. 'Te Conde Antique Corkscrew Collection' is a one-night-only first look at a collection of 'ornate and rare' historic corkscrews, said ICM creative specialist Anna Alamond. 'These exhibitions offer a meaningful backdrop to the evening, blending art, history and heritage in true Southwest Louisiana spirit,' she said. The Imperial Pour was conceived by a desire to share the love of art, history and community ties with Southwest Louisiana. 'We wanted to create a moment to come together, celebrate our rich cultural heritage, and raise a glass to the people who support and sustain it,' she said. Out of the more than 200 antique corkscrews that will be on display, Alamond said five standouts will be featured in a silent auction, such as a mother-of-pearl perfume corkscrew, a Civil War-era bullet mold/corkscrew combo built and 'The Surprise, a playful perpetual motion piece that lives up to its name', she said. The proceeds from the auction and the event admission support ICM's arts and humanities programming and keep the museum's mission, Alamond said. 'The Imperial Calcasieu Museum is all about shining a spotlight on local art and history, but more than that, we aim to spark passion and curiosity in the stories and artifacts we all share here in Southwest Louisiana. Through our exhibitions and programs, we want people to connect deeply with our community's culture and heritage, find something or someone who resonates deeply or connects them to another.' Tickets are $75 and limited to those 21 years and older.
