Friday, September 30, 2016
ARI@UiTM Wins Big at GIFA 2016
It was indeed a jubilant evening for all of us at the Fairmont Hotel in Jakarta, Indonesia, the venue for the Gala Dinner and awards ceremony for the Global Islamic Finance Awards (GIFA) 2016. This year, the Accounting Research Institute receives one of the major awards "BEST RESEARCH AND DEVELOPMENT IN ISLAMIC FINANCE". Receiving the GIFA award for three consecutive years (2014, 2015 & 2016) is by itself a record worth mentioning. It's a gift to UiTM in conjunction with the university's 60th anniversary. In 2014, ARI received the "Best Education Provider in Islamic Finance". In 2015, ARI receives a special award "Pioneering Research in Islamic Financial Criminology".
The GIFA Awards Committee considers the following four important dimensions when assessing possible nominations for its awards: (i) Innovation - those products and servic through innovative applications of Shariah principles; (ii) Quantity and Quality - the breadth and depth of product/service offerings and where applicable, performance data are taken into account when assessing the performance of the nominated institutions and individual during the award period; (iii) Cross Border - Provision of products/services that take on an international dimension outside of the established home market is also a major criterion for selection of nominations; and (iv) Promotion of the Growth of the Industry - Products/services that have established standards of best practice for the national markets and global Islamic financial service industry are also treated over and above other products. Congratulations all ARIANs, well done.....