The Islamic Finance Knowledge Repository (I-FIKR) is an innovative and dynamic platform that has been initiated by the International Shariah Research Academy for Islamic Finance (ISRA) to cater to the growing demands of the industry to gain sound knowledge about Islamic economy and finance from a reputable source. As ISRA is mandated to spearhead industry-driven research and engage with industry practitioners, economists, scholars, regulators and academicians locally and globally, it has become a major reference point for Islamic economics and finance resources and publications.
The main purpose of I-FIKR is to provide an easy access to diverse users ranging from mass audience to students and professors and even professionals who are keen to learn about Islamic economics and finance. Indeed, I-FIKR is a key reference point to everyone. At present, even though materials and information on Islamic economics and finance are available on the internet, it is very much unstructured and disorganized, hence causing difficulties in seeking basic information about Islamic finance from reputable sources. Hence, I-FIKR is designed to fill this educational and social gap and provides a one-stop digital hub and solution for the Islamic economics and finance industry where all materials and contents are placed in a structured manner to accommodate various needs of the IF community. Although I-FIKR is still a project in-progress, it has successfully attracted a wide range of users from different backgrounds including regulators, policy makers, legal experts, practitioners, senior executives, economists, academicians, students and many others.
The platform provides an array of resources including:
- Publications: This section acts as resource centre where it displays and stores all ISRA publications and other e-publications which include books, research papers, journals, reports, regulations, prospectuses, magazines, articles, etc.
- Fatwas & resolutions: This section compiles fatwas and resolutions issued by various institutions:
- Regulatory and standard-setting bodies such as Bank Negara Malaysia Shariah Resolutions, Securities Commission Malaysia resolutions, AAOIFI Shariah Standards
- Shariah boards of Islamic financial institutions such Dallah al-Barakah resolutions, Kuwait Finance House fatwas and Al-Rajhi Bank fatwas.
- Fatwa bodies such as International Islamic Fiqh Academy of OIC fatwas and articles.
Many of these fatwas and articles are translated from to English to ensure wider reachability for non-Arabic speaking users. There is over 2,500 fatwas and resolutions available for subscribers.
- Islamic finance videos: This section brings together various educational videos on Islamic economics and finance in a form of (i) short videos which are created specifically for I-FIKR subscribers and (ii) videos from Islamic economic and finance related events. Under reconstruction for now, will be back soon.
- Industry columns and news: This section provides I-FIKR viewers with up-to-date information. While the news section posts Islamic finance news and updates daily, the column section is profiles contemporary insights and views from industry experts.
- Institutional directories: This section serves as a directory of various institutions globally providing Islamic finance facilities. It also displays the content provided by the institution making it easier for users to know the source of the information.
- Compendium of Islamic finance terminologies: This section is an e-version of ISRA’s Compendium for Islamic Finance Terms (Arabic-English) which is regarded as one of the best references for Islamic finance terminologies. It offers both literal and technical definitions of each terminology based on views of modern and classical Shariah scholars.
- Events: This section offers a list of upcoming events where users will be directed to the organiser’s webpage, hence they can immediately register to attend the event. The section also allows user to search past events to see the papers or slides presented.
- Ontology: This section represents the most innovative component of I-FIKR. Ontology is a sophisticated and comprehensive information tool which is exclusively developed to map out the entire Islamic financial system by identifying its major sectors, which are further sub-divided into various topics, and showing the relationships and connectivity between one sector and its sub-category to another.
In short, the I-FIKR platform is distinctive with the following features:
- Provides information for different segments of users: an academician searching for high impact research outputs; a Shariah scholar looking for fatwas/resolutions from the huge fatwa database; a light reader seeking short articles; a social user wanting to get updates about Islamic finance events; or even a layman who is interested in videos related to Islamic economy & finance. The contents are suitable for everyone and anyone with interest about Islamic economy and finance.
- Expands the boundaries of knowledge as I-FIKR allows subscribers to engage and interact with each other, making learning about Islamic economy and finance a social interest. In addition, I-FIKR congregates resourceful minds of practitioners, scholars, academicians, hence allows innovative ideas and creative thinking to flourish.
- Profiles key experts (via column section) in Islamic economy and finance from whom users can establish a strong network and interaction.
- Compiles industry standards, regulations and fatwas issued by various institutions locally and globally.
I-FIKR | Connect. Engage. Expand.
I-FIKR Corporate Structure
Contact us at: firstname.lastname@example.org