PRESS RELEASE

February 23, 2017 - For the third consecutive year, the International Shariah Research Academy for Islamic Finance (ISRA) continues to dominate in the category of Best Islamic Research Firm. Cementing its position as the leading research institution in the Islamic finance industry with over three quarters of the votes, the Award was presented to ISRA last night at the IFN Award Dinner Ceremony held at the Emerald Room, Mandarin Oriental Kuala Lumpur, Malaysia. Prof. Dr. Ashraf Md Hashim, CEO ISRA Consultancy received the award on behalf of ISRA.

According to IFN's published award report, "the results highlight ISRA's increasing dominance in the research space, and the organization has been extremely active over the past year in developing activities and making a real contribution to industry knowledge." Worthy of mentioning also in the report is the collaborative work between ISRA and Bank Negara Malaysia in producing Shariah Standards and Educator's Manual on Shariah Standards for the industry, "which marked an important milestone for the industry".  

The IFN Award is based on the IFN Service Providers Poll conducted by IFN where industry players select their preferred service provider in various categories, which ISRA received majority votes in the category of "Best Islamic Research Firm".

We thank Allah, the almighty, for this award and may He grant us the strength to continue our journey in promoting Islamic Finance. Secondly, we would also like to thank all our supporters and stakeholders, may our services continue to be of benefit to all of you.