KUALA LUMPUR, Nov 4 (Bernama) -- The Export-Import Bank of Malaysia Berhad (EXIM Bank) had contributed RM100,000.00 to the International Shari'ah Research Academy for Islamic Finance (ISRA) in support of its initiative to publish a textbook on Islamic Economics.
 
This publication is expected to provide significant benefits to the Islamic finance industry, particularly in strengthening the knowledge base by providing a source of reference for students, academicians, and industry practitioners. The textbook shall comprise 20 chapters with inputs from academicians and relevant experts in their respective fields. It will also present a combination of thought-provoking case studies, discussion-based questions, and references.
 
"I would like to congratulate ISRA for continuously fulfilling its role as a knowledge repository body in undertaking this project. I am very confident that the publication of this work would be another prodigious source of information and reference for all who are keen to know and understand Islamic finance,” said EXIM Bank President/Chief Executive Officer, Ms. Norzilah Mohammed.
 
“EXIM Bank is a Development Financial Institutions that provides cross border financing for Malaysian venturing overseas business. The Bank  offers cross-border financing through banking and takaful products , such as overseas project/contract/investment financing, buyer credit, export of services, trade finance, including supplier credit, export credit refinancing, trust receipt, and vendor financing scheme; and guarantee comprising ADB-EXIM trade finance programme bank guarantee, letter of credit, and forward foreign exchange; trade credit takaful and medium long term takaful. Thus, our sponsorship is an extension of our contribution to the Islamic finance industry in the country," she added.
 
"Indeed, EXIM Bank financial support is instrumental for ISRA to kick-start its long-awaited project on Islamic economics textbook, which is envisaged to be a comprehensive and main source of reference for the academia, industry practitioners and regulators," said ISRA's Executive Director, Prof. Dr. Mohamad Akram Laldin.  
 
ISRA was established to promote applied research in the area of Shariah and Islamic finance. ISRA also acts as a repository of knowledge for Shari’ah views (fatwas) and undertakes studies on contemporary issues in the Islamic finance industry.
 
About the International Shari’ah Research Academy for Islamic Finance (ISRA)
ISRA was established in May 2008 by the Bank Negara Malaysia as an Islamic finance and Shari’ah-related research institution. ISRA has established its global impact and is recognised as a leading Global Premier Research Academy in Islamic finance industry. A recent study by ICD Thomson Reuters IFDR 2014 - Harmony on Horizon, cited that an estimated 6.2% of global Islamic Finance Research is contributed by ISRA. The wide-ranging contributions by ISRA include over 200 Shari’ah research and a number of publications which includes textbooks, journals, and research papers that are constantly referred to internationally. In addition to its publications, its I-FIKR Portal is also gaining popularity as a one-stop online Shari’ah knowledge repository for Islamic Finance. 

About Export-Import Bank of Malaysia Berhad (EXIM Bank)
The Export-Import Bank of Malaysia Berhad (EXIM Bank) was incorporated on 29 August 1995 and is wholly-owned by the Government of Malaysia. The Bank has assisted a diverse range of Malaysian business in an equally diverse range of sectors in their global ventures. EXIM Bank takes pride in meeting its mandated role in stimulating and enhancing the global competitiveness of industries in Malaysia for exports and investments via the provisioning of internationally and domestically competitive banking and insurance products and advisory services.

SOURCE : Export-Import Bank of Malaysia Berhad (EXIM Bank)

FOR MORE INFORMATION ABOUT ISRA, KINDLY CONTACT:
Name : Shaheezam Mohamad                                                  
Tel : +603 7651 4215
Fax : +603 7651 4242
Email : shaheezam@isra.my
Website : www.isra.my

FOR MORE INFORMATION ABOUT EXIM BANK, KINDLY CONTACT:
Name : Azmin Hamzah
Vice President II
Communications & Stakeholder Management Department
Tel : +603 2601 2371
Fax : +603 2601 2469
Email : azmin@exim.com.my
 
Name : Nur Hidayu Abdul Latif
Assistant Manager
Communications & Stakeholder Management Department
Tel :  +603 2601 2392
Fax : +603 2601 2469
Email : nurhidayu@exim.com.my
Website : www.exim.com.my  

--BERNAMA