August 2014 / Syawal 1435H

The sukuk sector of Islamic finance has witnessed the emergence of a new growth driver in the form of Basel III compliant sukuk instruments for satisfying Basel III capital adequacy standards. Particularly, the Islamic finance industry had to innovate a new breed of sukuk instruments that have features of loss absorption to satisfy the AT1 and T2 requirements of Basel III.

Other Highlights:


The King of Malaysia to Present The Royal Award for Islamic Finance on 2
September 2014

The Royal Award for Islamic Finance (The Royal Award) Dinner and Award Presentation will be held in Malaysia on 2 September 2014 in conjunction with the Global Islamic Finance Forum 2014 (GIFF 2014). Presented by the King of Malaysia, His Majesty the Yang di-Pertuan Agong,  the Royal Award recognises and honours an Islamic finance visionary whose achievements and innovation contribute significantly to both the growth of the global economy and social progress of communities around the world.

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Keynote Address by Dato’ Muhammad Bin Ibrahim, Deputy Governor, Bank Negara Malaysia on The Challenges of Corporate Governance in the Financial Services Sector

Keynote address on recent issues relating to corporate governance standards with particular emphasis on the financial sector. The workshop was organised by University Malaya in collaboration with the Asian Institute of Chartered Bankers and the International Centre for Education in Islamic Finance.

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Register Now - The Green Financing Dialogue, in conjunction with the Global Islamic Finance Forum 2014

In conjunction with GIFF 2014, Bank Negara Malaysia is organising the inaugural Green Financing Dialogue. This dialogue aims to bring together global and local expertise to share key insights on the global potential of green projects and green sukuk, Malaysia’s capabilities in green technology, the shared universal values between the sectors and the appeal of green sukuk to global conventional/ SRI as well as Islamic investors.

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The International Shariah Research Academy for Islamic Finance (ISRA) won the ‘Best Islamic Research Firm’ Award

The International Shariah Research Academy for Islamic Finance (ISRA) has won the ‘Best Islamic Research Firm’ Award in the Islamic Finance News ‘IFN Best Service Providers’ Poll 2014. The IFN Service Providers Poll is recognised as the leading poll in the Islamic financial services industry.

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Arabic Version of the ISRA Textbook, “Islamic Financial System: Principles and Operations"

The project collaboration between ISRA and Saudi Arabia’s leading research centre, SABIC Chair for Islamic financial Market Studies (IFMSChair) of Islamic University of Imam Muhammad As-Saud has successfully translated ISRA’s textbook on Islamic finance titled “Islamic Financial Services: Principles and Operation” into Arabic language. The project was officially commenced in 2012, completed in 2013 and launched on 21st May 2014 at the 7th IFMSChair Knowledge Advisory Board Meeting.

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