ISRA Research Management Centre

Premier Hub for Knowledge and Research in Islamic Economics and Finance

About Us

ISRA Research Management Centre (ISRA RMC), formerly known as the International Shari’ah Research Academy for Islamic Finance (ISRA), was established in 2008 by Bank Negara Malaysia as a research institution specialising in applied Shariah in Islamic finance. The centre has gained global recognition as a premier research academy in the Islamic finance industry, earning numerous accolades. It has contributed significantly to over 200 Shariah research publications, including textbooks, journals, and research papers, which have been widely referenced locally and internationally.

Additionally, its I-FIKR Portal is becoming increasingly popular as a comprehensive online Shariah knowledge repository for Islamic finance. After the consolidation exercise between ISRA and INCEIF University in July 2021, ISRA RMC has expanded its research scope beyond applied Shariah to include areas within the Islamic economic and finance domain, including management, business and marketing, corporate finance, entrepreneurship, financial technology, econometrics, accounting and auditing, halal economy and social finance. ISRA RMC aims to be the global hub for applied research in Islamic economics and finance, fostering innovation and knowledge sharing and adhering to the best ethical practices.

Objectives

Provide avenues for the development of groundbreaking research and innovation in Islamic economics and finance

Spearhead and conduct applied Shariah research in Islamic economics and finance

Streamline research management processes and provide strong support for impactful research outputs and deliverables

Propagate harmonisation and mutual respect in Islamic economics and finance practices

Our Research
Value Propositions

ISRA Research Management supports academics and researchers by facilitating industry engagements and promoting professional development to produce impactful research and provide innovative and sustainable solutions.

Worldwide accreditation and high research ranking

Explore our accreditation credentials and the latest rankings that evidence our thought leadership and academic excellence.

MyRA Rating AACSB Accreditation

World-class scholars with combined expertise in Shariah, Islamic finance and Islamic economics

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Applied research undertaken by centres of excellence

Discover our diverse research focus areas that provide innovative solutions and discoveries in Islamic economics and finance.

Research & Innovation Centre of Excellent Islamic Social Finance

Impactful Research and Publication Projects

Stay updated with the latest impactful initiatives from ISRA RMC.

ISRA Research Management Centre

About Us

Objectives

Our Research Value Propositions

Worldwide accreditation and high research ranking

World-class scholars with combined expertise in Shariah, Islamic finance and Islamic economics

Applied research undertaken by centres of excellence

Impactful Research and Publication Projects

Maqasid Shariah Index (2023)

Research on the Shariah issues relating to the resolution of Islamic Banks (2023)

Developing the Tayyib Framework for Islamic Finance Institutions in Malaysia (2023)

ESG-i Assessment Framework: Empowering Sustainable and Ethical Growth for Micro, Small and Medium-Sized Enterprises (2023)

Developing Maqasid al-Shariah-based Value-Based Intermediation for Takaful (VBIT) Scorecard Research Project (2022)

Shariah Endorsement of UNHCR Zakat Fund and Report on Zakat Potential in the Asia Pacific Region (2020)

Urban Farming (2022)

Social Impact Report: LZNK Towards World Class Zakat Management Agency (2023)

Shariah Endorsement of UNHCR Zakat Fund and Report on Zakat Potential in the Asia Pacific Region (2020)

Training for EXCO and Non EXCO on Essentials in Islamic Banking & Finance and Islamic Social Finance 1.0 and 2.0 (2023–2024)

Advanced Programme: Islamic Social Finance for Board of Directors (2024)

Social Sustainability Impact Report of Waqaf An-Nur Socio-Economic Development (2024)

Translation of Sheikh al-Qaradawi’s book: The Role of Values and Ethics in the Islamic Economy (2024)

Islamic Financial System: Principles & Operations (2023)

Islamic Capital Markets: Principles & Practices (2023)

Selected Resolutions of MBSB Bank’s Shariah Advisory Committee 2018–2021 (2023)

Translation of Sheikh al-Qaradawi’s book: Conservation of the Environment in Islamic Law (2022)

Translation of Sheikh al-Zarqa’s book: An Introduction to the General Theory of Obligations in Islamic Jurisprudence (2021)

Maqasid Shariah Index (2023)

Research on the Shariah issues relating to the resolution of Islamic Banks (2023)

Developing the Tayyib Framework for Islamic Finance Institutions in Malaysia (2023)

ESG-i Assessment Framework: Empowering Sustainable and Ethical Growth for Micro, Small and Medium-Sized Enterprises (2023)

Developing Maqasid al-Shariah-based Value-Based Intermediation for Takaful (VBIT) Scorecard Research Project (2022)

Shariah Endorsement of UNHCR Zakat Fund and Report on Zakat Potential in the Asia Pacific Region (2020)

Urban Farming (2022)

Social Impact Report: LZNK Towards World Class Zakat Management Agency (2023)

Shariah Endorsement of UNHCR Zakat Fund and Report on Zakat Potential in the Asia Pacific Region (2020)

Training for EXCO and Non EXCO on Essentials in Islamic Banking & Finance and Islamic Social Finance 1.0 and 2.0 (2023–2024)

Advanced Programme: Islamic Social Finance for Board of Directors (2024)

Social Sustainability Impact Report of Waqaf An-Nur Socio-Economic Development (2024)

Translation of Sheikh al-Qaradawi’s book: The Role of Values and Ethics in the Islamic Economy (2024)

Islamic Financial System: Principles & Operations (2023)

Islamic Capital Markets: Principles & Practices (2023)

Selected Resolutions of MBSB Bank’s Shariah Advisory Committee 2018–2021 (2023)

Translation of Sheikh al-Qaradawi’s book: Conservation of the Environment in Islamic Law (2022)

Translation of Sheikh al-Zarqa’s book: An Introduction to the General Theory of Obligations in Islamic Jurisprudence (2021)

Maqasid Shariah Index (2023)

Research on the Shariah issues relating to the resolution of Islamic Banks (2023)

Developing the Tayyib Framework for Islamic Finance Institutions in Malaysia (2023)

ESG-i Assessment Framework: Empowering Sustainable and Ethical Growth for Micro, Small and Medium-Sized Enterprises (2023)

Developing Maqasid al-Shariah-based Value-Based Intermediation for Takaful (VBIT) Scorecard Research Project (2022)

Shariah Endorsement of UNHCR Zakat Fund and Report on Zakat Potential in the Asia Pacific Region (2020)

Urban Farming (2022)

Social Impact Report: LZNK Towards World Class Zakat Management Agency (2023)

Shariah Endorsement of UNHCR Zakat Fund and Report on Zakat Potential in the Asia Pacific Region (2020)

Training for EXCO and Non EXCO on Essentials in Islamic Banking & Finance and Islamic Social Finance 1.0 and 2.0 (2023–2024)

Advanced Programme: Islamic Social Finance for Board of Directors (2024)

Social Sustainability Impact Report of Waqaf An-Nur Socio-Economic Development (2024)

Translation of Sheikh al-Qaradawi’s book: The Role of Values and Ethics in the Islamic Economy (2024)

Islamic Financial System: Principles & Operations (2023)

Islamic Capital Markets: Principles & Practices (2023)

Selected Resolutions of MBSB Bank’s Shariah Advisory Committee 2018–2021 (2023)

Translation of Sheikh al-Qaradawi’s book: Conservation of the Environment in Islamic Law (2022)

Translation of Sheikh al-Zarqa’s book: An Introduction to the General Theory of Obligations in Islamic Jurisprudence (2021)

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Value Propositions