Friday, July 20, 2012

ARI-IBFIM i-CSR Project

Researchers from the Asia-Pacific Centre of Sustainability (APCeS) of the Accounting Research Institute - ARI and the Islamic Banking and Finance Institute Malaysia (IBFIM) met up today to discuss on possible research collaboration to develop an Islamic Corporate Social Responsibility Reporting (i-CSR).  Essentially, i-CSR is part of a comprehensive dimension of the Islamic Corporate Governance & Accountability (i-CGA) Framework for financial institution.  Both i-CSR and i-CGA are ARI-funded research projects which aim to strengthen the Islamic Finance industry in Malaysia and globally.  Both parties have agreed in principle to work together in the development of i-CGA and i-CSR.  They have also agreed to organise a one-day seminar to discuss the research framework and research instrument sometime in October 2012. Participants of the seminar will include practitioners, shariah advisors, regulators and researchers.