Shari'ah Frameworks & Principles 3901 63.54%

Islamic Financial Markets 1759 28.65%

Regulation, Supervision and Governance 120 1.95%

Islamic Economics 69 1.12%

Risk Management Principles 51 0.83%

General Issues and Challenges of IFS 239 3.89%

Total Fatwas in Database : 2419

Last updated 20 February 2018


Sectors of Islamic Finance Institutions

Banking 335
Consultancy/Advisory 26
Social Enterprise 0
FinTech 0
Takaful 32
Training 11
Halal 2
Others 2
Investment 53
Micro Takaful 0
Microfinance 31
Crowdfunding 5
R&D 9
Regulator 18
Waqf / Zakah Services 0
Retakaful 6
Education 13
Venture Capital 1

Latest Institution
Universiti Utara Malaysia - UUM

Last updated 20 February 2018




I-FIKR Ontology is a sophisticated innovative structure developed by ISRA. It maps out the entire Islamic finance industry, identifying the major branches, which are then sub-divided into particular topics. It shows the types, properties and interrelationships between the sectors. All the materials available on the I-FIKR portal are connected based on this rigorous and subtle design.

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News & Updates

Rigorous screening of new hires in financial industry soon, says central bank

16 February, 2018

Bank Negara Governor Muhammad Ibrahim, in 2016, said Malaysian financial institutions should be the gold standard for good governance practices. – The Malaysian Insight file pic, February 16, 2018.   BANK Negara Malaysia will soon require financial institutions to rigorously screen new hires, saying integrity is critical in boosting confidence in the financial system. "This is to ensure that the financial industry possesses a competent and professional workforce," said the...

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INCEIF to Collaborate with Palestine’s Al-Quds University

15 February, 2018

15 Feb, Kuala Lumpur – INCEIF today signed an MoU with Al-Quds University to establish a strategic working relationship to collaborate in various areas including education, research and human capital development, for the growth of Islamic finance in Palestine.    INCEIF President & CEO Prof Dato’ Azmi Omar signed on behalf of INCEIF while Al-Quds was represented by Al-Quds Fund & Endowment Chairman Mr Munib Al-Masri  at a signing ceremony on...

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VAT and Islamic finance: A complicated relation

14 February, 2018

Now that two countries in the Gulf Cooperation Council (GCC), Saudi Arabia and the UAE, introduced a value added tax (VAT) regime for the first time ever, and the others are bound to follow, questions arise how such a consumer tax relates to Islamic finance products. Rating agency Fitch said in a statement ahead of the VAT introduction that it would be a key test for the region’s Islamic finance...

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