The Accounting Research Institute (ARI) thanks delegates from Universitas Trunojoyo Madura, Indonesia who visited our Shah Alam campus recently. The four-member delegations were headed by the Dean of the Faculty of Economy, Pro. Dr. M. Nizarul Alim. Discussions focused mainly on potential research collaboration in the areas of Islamic Finance and Wakaf Management. To signify the visit, a letter of intent was signed by both Dean Nizarul and Professor Dr Normah Omar, director of ARI. As such, researchers from ARI's Islamic Finance & Wakaf Cluster will be preparing a research proposal together with researchers from Universitas Trunojaya. Indeed, in Indonesia, there are a lot of universities that have been successfully set up through Wakaf financing and they would be great case studies for the research project. An MOU will soon be drafted to formalise the collaboration.
