Objective 1

SPEARHEAD AND CONDUCT APPLIED SHARI’AH RESEARCH IN ISLAMIC FINANCE

Shari’ah-committed in specific issues relevant to industry needs and interest

1.1 Research conducted on specific issues relevant to the need and interest of the industry
1.2 Short term: Within 3 months

1.3 Medium term: 3 months to 1 year
1.4 Long term: More than 1 year

Objective 2

ENRICH RESOURCES OF KNOWLEDGE IN ISLAMIC FINANCE

2.1 Talent Development Programme:
In the form of discourse, collaborative programmes with partners and intellectual dialogue with industry practitioners and Shari’ah scholars

2.2 Scholarship:
(i) To incentivise Shari’ah scholars/students to pursue higher educational opportunities in the field of Islamic finance
(ii) To enlarge cadre of trained Muslim professionals committed to the development of both Shari’ah and Islamic finance
(iii) To act as a financial instrument in the fulfillment of human capital needs in the ever changing Islamic financial market.

2.3 Scholar Mentor- Mentee Programme:
A programme to further enhancement the status of Malaysian Islamic finance scholars at the international level

Objective 3

PROVIDE AVENUES FOR THE DEVELOPMENT OF SHARI’AH PRACTICE IN ISLAMIC FINANCE

3.1 Industry Forum:
A platform to update the industry players on recent Shari’ah developments

3.2 Research Colloquium:
A forum to discuss research findings conducted by ISRA and other institutions

3.3 International/Regional Dialogue:
An avenue that enables regional and international scholars and practitioners to meet and exchange ideas on Islamic finance

Objective 4

PROPAGATE HARMONISATION AND MUTUAL RESPECT IN ISLAMIC FINANCE PRACTICES

4.1 Inter-school of Thought Working Group
A group of prominent scholars from different madhahib and regions to develop mutual respects for similarites and differences in Islamic finance practices around the world

4.2 Council of Scholars Working Group
A group of trouble-shooters to resolve specific issues and report directly to the council of scholars

4.3 ISRA Publications

4.4 Translation Projects