Research Workshop on Islamic Finance & Criminology

Today, ARI organised a one-day workshop on Islamic Finance and Criminology. We invited Associate Prof Dr Asyraf Wajdi, the Head of Research Affairs from the International Shari’ah Research Academy for Islamic Finance or more commonly known by its acronym, ISRA to give a keynote address to the participants.
The aim of the workshop was to discuss contemporary issues in Islamic Finance and criminology and to identify viable research topics to be further elaborated on during ARI forthcoming research retreat in June 2010. The workshop was attended by fifty researchers.
Among the topics identified were: The development of shariah audit framework; Role of Shariah Advisory Council in mitigating fraud; Patriot Act and the Birth of Islamic Finance Worldwide; Financial Crisis and Islamic Finance; The Polemics of Shariah-Compliant - form vs substance; Understanding Maqasid al-shariah and an Appraisal of Islamic Finance Instrument.