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Website. inceif.edu.my. The International Center for Education in Islamic Finance (INCEIF) UNIVERSITY is a Malaysian Islamic university established in 2005 by Bank Negara Malaysia (Central Bank of Malaysia) [1] in human capital for the Islamic finance industry. Commonly known as the Global University of Islamic Finance. [citation needed]
26 March 2008. Location. Kuala Lumpur. Website. www.isra.my. International Shariʽah Research Academy for Islamic Finance (ISRA) is an Islamic finance research institution in Malaysia that focuses on sharia -related issues. [1] ISRA was established on 26 March 2008 by the Central Bank Malaysia (BNM). [citation needed]
Islamic banking and finance has its own products and services that differ from conventional banking. [1][2] These include Mudharabah (profit sharing), Wadiah (safekeeping), Musharakah (joint venture), Murabahah (cost plus finance), Ijar (leasing), Hawala (an international fund transfer system), Takaful (Islamic insurance), and Sukuk (Islamic ...
Islamic banking, Islamic finance (Arabic: مصرفية إسلامية masrifiyya 'islamia), or Sharia-compliant finance[1] is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include mudarabah (profit-sharing and ...
The first Islamic bank in Malaysia was established in 1983. In 1993, commercial banks, merchant banks and finance companies were allowed to offer Islamic banking products and services under the Islamic Banking Scheme (IBS). These institutions however, are required to separate the funds and activities of Islamic banking transactions from that of ...
The International Islamic College (IIC; Malay: Kolej Islam Antarabangsa) (Arabic:الكلية لإسلامية العالمية) is a private college located in Taman Batu Muda, Kuala Lumpur, Malaysia. [1] The college was established in 2000 as a private higher education institution. International Islamic College is one of the private higher ...
The Asian Institute of Finance Berhad ( AIF) is a nonprofit organisation in Malaysia. Its main purpose is to enhance human capital development and talent management across the Asian financial services industry. AIF's headquarters is located in Kuala Lumpur . The institute attracts, develops and retains talented individuals towards ensuring the ...
Rusni Hassan [1] [2] [3] currently is a Professor and Dean at IIUM Institute of Islamic Banking and Finance, [4] International Islamic University Malaysia. [5] Previously, she was a Deputy Dean at the Institute, a Coordinator for Research and Publication and Course Coordinator for Islamic Law of Transactions and Islamic Banking and Takaful.