INCEIF was set up by Bank Negara Malaysia in 2005 and has been mandated to develop and nurture talent and experts in the Islamic financial services industry. As a university, INCEIF offers postgraduate studies in Islamic finance.

INCEIF aims to be the knowledge leader in Islamic finance through providing excellent teaching, research and thought leadership. In achieving this vision, it is important for INCEIF to bridge both academia and industry. This is translated into its academic syllabus which is structured based on the inputs from industry players as well as having faculty members who are globally respected in both Islamic finance academia and Islamic finance industry. The faculty, coupled with continuous support from the regulators and key industry players, provides INCEIF students with strong mentoring relationships and opportunities for professional development.

ISRA’s main research activities are focused on Islamic Banking, Islamic Capital Market, Takaful, and Fatwa and Translation. The Research, Development and Innovation Department (RDI) of ISRA is most notably recognized for its pioneering research on contemporary issues related to applied Shariah in Islamic banking and finance.

The strength of RDI lies in the unique blend of expertise of its respected researchers who are prominent international Shariah scholars and industry experts. To further advance development and innovation in Islamic banking and finance, RDI regularly collaborates with many leading local and international organisations in the development of new products and instruments.