Commissioned research means research work that is outsourced to an external party or parties based on topics identified by ISRA. External parties can be either an individual or a group who are expert in the area chosen by ISRA. The commissioned research could be done either in a collaborative form (known as commissioned collaborative), whereby ISRA researchers or practitioners may also be involved in the research, or could be conducted exclusively by the commissioned researcher(s). Examples of commissioned research projects conducted thus far include the following:

  1. Islamic Pricing Benchmark 
  2. Market Segmentation and the Shariah Compliancy Process in Islamic Banking Institutions (IBIs) 
  3. An Appraisal of Longevity Risk : Conventional and Islamic Perspectives 
  4. A Comparative Analysis of Shari'ah Governance in Islamic Banking Institutions scross Jurisdictions
  5. Issues of Taqsir and Ta'addi, Guarantee and Managing Moral Hazard in Mudarabah and Musharakah Products
  6. The Application of International Financial Reporting Standards (IFRS) in Islamic Financial Transactions: Some Issues
  7. A Critical Analysis of the Current Islamic Banking Structure in Malaysia
  8. Challenges and Constraints in the Application of the Mudarabah and Musharakah Concepts in Malaysia