Tuesday, October 16, 2012
Intellectual Discourse in Microfinance
The Islamic Accounting & Muamalat research cluster of the Accounting Research Institute (ARI) organises a half-day intellectual discourse to discuss issues, challenges and possible solutions for one of the cluster's research program on Microfinance. The event was an avenue for the practitioners in the industry to interact, network and most importantly share knowledge and experience with researchers. Among the speakers invited for the occasions were Encik Mohd Yusnizam Mohd Yasin, Head of the Business Banking Unit, Consumer Banking Department of CIMB Islamic; Puan Kamisah Abdul Kadir, Deputy Director of Development Finance and Enterprise of Bank Negara Malaysia; Puan Nilammasri Jaafar, Senior Vice President/Head of Microfinance at BSN; Encik Hamdan Mohd Habibollah, Vice President/Head of Entrepneur Banking of SME Bank and Encik Abdul Aziz Isa, Senior Officer in Business Banking Department at Agrobank. Representing ARI were Prof Rashidah Abdul Rahman, ARI Deputy Director and Ismail Mahayudin, ARI Senior Research Fellow. The presentations revolved around the banks’ experience in managing their micro finance scheme; detailing the strengths, opportunities and challenges they faced. They also provided actions and solutions to overcome the obstacles.The program ended with a forum where participants had the opportunity to engage in discussion with the bankers and the regulator on the future outlook of microfinance industry in Malaysia.