ACCOUNTING RESEARCH INSTITUTE (ARI HICoE) : Prestigious GIFA 2014 Award for ARI

Tuesday, October 28, 2014

Prestigious GIFA 2014 Award for ARI

The Accounting Research Institute (ARI), Universiti Teknologi MARA (UiTM) was awarded the Best Islamic Finance Education Provider 2014 at the Global Islamic Finance Award (GIFA) 2014 on 27 October 2014 at the award ceremony held at the prestigious H Hotel, Dubai, United Arab Emirates. The award was accepted by the Vice Chancellor of UiTM, Tan Sri Dato’ Sri Prof Ir. Dr Sahol Hamid Abu Bakar. Also present at the award ceremony were the Deputy Directors of ARI, Associate Prof Dr Zuraidah Mohd Sanusi and Associate Prof Dr Jamaliah Said, Head of one ARI’s research centers, the UiTM-ACCA Asia-Pacific Centre for Sustainability (APCeS), Associate Prof Dr Faizah Darus and one of ARI fellows Dr Norazida Mohamed. As a HiCOE, ARI aspires to be an international research center focusing on research in its niche area of Islamic Financial Criminology (IFC). Among the research areas in Islamic finance that ARI has been actively involved in research is in the area of Islamic microfinance, Islamic Corporate Social Responsibility (i-CSR) and Shariah audit. Global Islamic Finance Awards (also known as "GIFA") are one of the most prestigious awards in the Islamic banking and finance sector. The objective of the GIFA is to highlight the best practices in Islamic banking and finance and celebrate the success of institutions and individuals, with the ultimate objective of promoting social responsibility, Shari’a authenticity and commitment to Islamic banking and finance. This award recognizes and celebrates the achievements and contributions of individuals and institutions in the Islamic financial services industry. Congratulations all

Driving a Research Niche in Islamic Financial Criminology

As a HICoE, the Accounting Research Institute focuses on a niche research area in Islamic Financial Criminology (IFC). In essence, IFC can be further subdivided into two research thrusts: Islamic Accounting & Muamalat and Financial Criminology. Though each research area can stand on its own, IFC aspires to support Malaysia's vision of becoming a leading and global Islamic Finance hub. Through basic and applied research, IFC integrates useful Islamic principles and concepts in achieving potential deliverables such as:
1. New Research Products in Islamic Accounting & Muamalat
2. New Research Products in Islamic Finance and Investment
3. New policy/framework in Financial Criminology
4. Integrating Islamic Principles to mitigate financial fraud
5. Developing Financial Fraud Indicators and Typologies
6. NPO Governance, AML/CFT and Corporate Integrity