Monday, July 21, 2014

Islamic Microfinance Project with Yayasan DiRaja Sultan Mizan


The Accounting Research Institute (ARI) thanks Yayasan DiRaja Sultan Mizan (YDSM) for inviting our fellows to participate in a collaborative project involving Islamic Microfinance.  Islamic Microfinance Governance is one of ARI's research clusters within its research niche of Islamic Financial Criminology.  YDSM was established on 11th May 2005 as a charity organisation.  One of the main aims for its establishment is to elevate the socio-economy status of Terengganu subjects.  There has been numerous entrepreneurial activities undertaken by YDSM.  ARI's Islamic Microfinance model, a collaboration between ARI, Amanah Ikhtiar Malaysia (AIM) and Mydin Holding may suit YDSM's need to facilitate entrepreneurs in Terengganu.  Discussions were held in Kuala Terengganu  on the weekends between ARI fellows and officials of YDSM.  Possible local financiers as well as local suppliers and marketeers have been identified to enable ARI's microfinance model to be emulated in Terengganu.  ARI's entourage was headed by Associate Professor Dr Jamaliah Said, who is also ARI Deputy Director.