The Accounting Research Institute (ARI) recently organises a two-day research retreat at the Institute of Leadership & Development (ILD) with the participation of research fellows, research associates, post-doctoral scholars and distinguished researcher. The main aims of the retreat was firstly to update members of the outcome of the recent ARI HICoE document audit at the Ministry of Higher Education. Secondly, researchers, who are grouped into four main clusters and twelve sub-clusters presented their research progress and reported their contributions towards the HICoE Key Performance Indicators (KPI). Thirdly, in view of additional research-related activities of ARI as a Higher Institutions' Centre of Excellence, members participated in the development of ARI's research and development policies. This is to ensure that proper governance are in place and research output and outcome are effectively and efficiently produced to support the aspiration of ARI HICoE to become a global research centre in its niche research in Islamic Financial Criminology. Thank you all members for your kind participation and commitment.