Back

Research Paper

A repository of academic and practical writings applicable to Islamic Banking and Finance industry.

List of Research Paper


  1. Realization of Waqf Muaqqat through Islamic Private Trust A Critical Analysis – Munawwaruzzaman Mahmud, Kamilah Ariff, and Muhammad Aqil Syafiq Jamaludin (published and presented at World Zakat and Waqf Forum 2023)
  2. Inovasi dalam Produk Perbankan Islam Pembiayaan Perumahan Maybank Islamic Berhad – Dr. Akhtarzaite Abdul Aziz, Muhammad Aqil Syafiq Jamaludin, dan Siti Fariha Adilah Ismail (presented at Muzakarah ISRA 2022)
  3. Shariah Views on Zakat Financing and Its Implementations – Munawwaruzzaman Mahmud and Muhammad Aqil Syafiq Jamaludin (published at Institut Kajian Zakat Malaysia, Akademi Pengajian Islam Kontemporari UiTM 2023)
  4. Isu-Isu Syariah berkaitan Buy Now Pay Later dan E-Wallet – Munawwaruzzaman Mahmud dan Muhammad Aqil Syafiq Jamaludin (presented at Muzakarah ISRA 2023)
  5. The alignment of Shariah and sustainable investing - Duncan Lamont, Head of Research and Analytics, Schroders
  6. A Review of Islamic Credit Card Using Bay’ al-‘Inah and Tawarruq Instrument as Adopted by Some Malaysian Financial Institution - Assoc. Prof Dr Azman Mohd Noor and Rafidah Hj Mohd Azli
  7. A Shariah Compliance Review on Investment Linked Takaful in Malaysia - Assoc. Prof Dr Azman Mohd Noor
  8. Aplikasi Ijarah Mawsufah Fi Dhimmah (Pajakan Hadapan) Dalam Perbankan - Muhd Ramadhan Fitri Ellias
  9. An Introduction to Collective Ijtihad (Ijtihad Jama‘i): Concept and Applications - Assoc. Prof Dr Aznan Hasan
  10. Building Trust in E-Commerce: A Proposed Shari’ah Compliant Model - Dr Marjan Muhammad and Muhd Rosydi Muhammad
  11. Critical Appraisal of Rahn-based Islamic Microcredit Facility From Shari’ah Perspective - Dr Mohamed Fairooz Abdul Khir, Mohd Bahroddin Badri and Lokmanulhakim Hussain
  12. Derivatives in Islamic Finance: The Need and Mechanisms Available for Islamic Financial Markets - Syed Aun R. Rizvi and Assoc. Prof Dr Ahcene Lahsasna
  13. Isu-Isu Syariah Dalam Kewajipan Menunaikan Zakat ke Atas Entiti Korporat - Assoc. Prof Dr Aznan Hasan
  14. Implementation of the Islamic Letter of Credit in International Trade - Assoc. Prof Dr Ahcene Lahsasna
  15. Islamic Finance a synthesis between Shari`ah Principles, Legal Compliance, Market Norms and Maqasid Attainment - Prof Dr Engku Rabiah Adawiah Engku Ali
  16. Musharakah dan Mudarabah: Isu Jaminan Perlindungan Modal Bagi Pengukuhan Kredit - Dr Zaharuddin Abd Rahman dan Assoc. Prof Dr Aznan Hasan
  17. Paramater Syariah Wakaf Tunai - Muhd Ramadhan Fitri Ellias, Ahmad Firdaus Kadir dan Muhamad Nasir Haron
  18. Penerimaan Deposit daripada Sumber Tidak Patuh Syariah - Muhd Ramadhan Fitri, Muhamad Nasir Haron & Ahmad Firdaus Kadir
  19. Re-Defining Property And Property In Islamic Law Of Contract - Prof Dr Engku Rabiah Adawiah Engku Ali
  20. Riba and its Prohibition in Islam - Prof Dr Engku Rabiah Adawiah Engku Ali
  21. Shariah Issues in Sukuk - Muhd Ramadhan Fitri Ellias, Muhamad Nasir Haron and Mohd Faysal Mohammed
  22. Perlaksanaan Tanazul Di Dalam Kontrak Berdasarkan Musharakah: Perspektif Syarak - Assoc. Prof Dr Aznan Hasan
  23. Prospects and Outlook of Islamic Wealth Management: Post Global Financial Crisis - Professor Dr. Ashraf Md. Hashim, Shabana M. Hasan
  24. Public Sector Funding and Debt Management: A Case for GDP-Linked Sukuk - Abdou Diaw, Obiyathulla Ismath Bacha and Assoc. Prof Dr Ahcene Lahsasna
  25. Shariah Issues in the Operation of Retakaful and Reinsurance: A Preliminary Exploration from Shariah Perspective - Assoc. Prof Dr Aznan Hasan
  26. Takaful: Analisis Terhadap Konsep dan Akad - Assoc. Prof Dr Azman Mohd Noor dan Dr Mohamad Sabri Zakaria
  27. The Collection of Waqf through Insurance Companies: A Critical Analysis of the Malaysian Experience - Ashraf bin Md. Hashim
  28. The Concept of the Time Value of Money: A Shari‘Ah Viewpoint - Dr Mohamed Fairooz Abdul Khir
  29. The Concept of Competition and Award in Islam - Dr. Ashraf bin Md. Hashim
  30. The Issue of Principal-Agent in Sale-Based Transactions from the Shariah Perspective - Muhd Ramadhan Fitri Ellias, Muhamad Nasir Haron and Mohd Faysal Mohammed
  31. Towards Shari’ah Compliant E-Commerce Transactions: A Review of Amazon.com - Dr Marjan Muhammad, Muhd Rosydi Muhammad and Khalil Mohammed Khalil
  32. Universality of Islam and the Process of Localisation in Islamic Banking and Finance: Malaysia as a Case Study - Professor Dr. Ashraf bin Md. Hashim
  33. Wasatiyyah Dalam Kewangan Dan Isu-Isu Semasa Kewangan Islam - Muhd Ramadhan Fitri Ellias
  34. Who Needs To Pay Zakat: A Focus on Legal Entities - Assoc. Prof Dr Aznan Hasan
  35. Zakat from Salary and EPF: Issues and Challenges - Magda Ismfail A. Mohsin, Assoc. Prof Dr Ahcene Lahsasna and Ezamshah Ismail
  36. Islamic Wealth Management in Singapore - Fazrihan Mohamed Duriat
  37. Multi-Level Marketing In Islam & Case Study of Young Living In Singapore - Fazrihan Mohamed Duriat
  38. Holistic Nature of Islamic Product Development - Assoc Prof Dr. Mohamad Akram Laldin, Executive Director, ISRA & Dr. Hafas Furqani,Researcher,ISRA
  39. Maqasid Al-Shari'ah in Islamic Finance - Prof Dr. Mohamad Akram Laldin, Executive Director, ISRA & Dr. Hafas Furqani,Researcher,ISRA
  40. The Objective of the Shari’ah in Islamic Finance: Identifying the Ends and the Means - Assoc Prof Dr. Mohamad Akram Laldin, Executive Director, ISRA & Dr. Hafas Furqani,Researcher,ISRA