The International Centre for Education in Islamic Finance (INCEIF) was established by the Central Bank of Malaysia (Bank Negara Malaysia) in 2005 as an institution specifically for the development of human capital in Islamic Finance. INCEIF was awarded the university status in 2006 by the Ministry of Higher Education (MOHE), and currently offers 3 postgraduate programmes in Islamic Finance – Master in Islamic Finance Practice (MIFP), Master of Science in Islamic Finance (MSc) and PhD in Islamic Finance (PhD). INCEIF’s mission is to become a knowledge leader and produce world-class talent for the global Islamic Finance industry. It has also been acknowledged that INCEIF’s research makes up 11% of global Islamic Finance research and has garnered top spots in Research Papers in Economics (RePEC) ranking. Our programmes are recognised in over 12 countries.
To date, there are 4,431 enrolments (students) from 80 countries since inception*. INCEIF now has a worldwide family of alumni which today stands at 1,078.
*Data as of March 2016.
Senad Hadrovic, Bosnia Herzegovina.
INCEIF Scholarship Recipient
Argi Fari Aznur, Indonesia.
INCEIF Scholarship Recipient
Wendy Oktisa, Indonesia.
INCEIF Scholarship Recipient
As the world’s first and only university dedicated to Islamic Finance, INCEIF is committed to deliver talent and expertise for the growing global Islamic financial services industry. Backed by a faculty that comprises pioneering academicians and industry players who jointly address issues relating to innovation and leadership within the industry, INCEIF ensures its academic programmes and graduates stay at the forefront of the industry. To achieve this aspiration, we require the support from everyone, be it from the financial industry, the academia or the man on the street, to build this legacy of sustainable, distinctive excellence alongside us.
Towards this, INCEIF has set up the INCEIF Endowment Fund (IEF). By gifting to the IEF, you will be a part of the journey that will open windows of opportunity for Islamic Finance talents to instil ethical values in the global financial arena. Your endowment is one way of creating a legacy that provides benefits to students and faculty year after year, generation after generation.
All principal donations to the INCEIF Endowment Fund will be retained and invested in perpetuity with only earnings generated from the initial monies put to use.
A progressive and sound endowment will be the permanent source of funding that will enable leading financial programmes and ground-breaking discoveries in research. The IEF, managed by its Board of Trustees and guided by Shari’ah principles, will allow us to benchmark our operations and services against international best standards.
To create Knowledge leaders in Islamic Finance.
To develop industry-relevant, in-demand and well-rounded content.
To produce cited, groundbreaking and practical research for the industry.
To attract and nurture industry Thought Leaders.
Contributing to the IEF will benefit both current and future generations of students and scholars – making it possible for INCEIF to increase our global reach through the increasing diversity of our students, the quality of their education and the development of cutting edge research.
We have set up two contribution areas:
Friends of INCEIF who contribute to the IEF have the opportunity to ensure that the institution and the knowledge it seeks to share will exist in perpetuity. Yet, more than anything else, behind each endowment gift is perhaps a personal motivation – to repay a debt of gratitude for a donor’s own opportunity at getting a good education, to honor a cause that is close to one’s values and/or to simply make a positive impact on society in remembrance of a loved one.
With your help, we are developing and creating more future leaders in the field of Islamic Finance and advancing the industry to meet the demands of a dynamic and ever-changing world. Be a part of INCEIF’s knowledge empowering legacy by contributing to the INCEIF Endowment Fund today.
Residents of Malaysia enjoy the tax exemption granted to INCEIF under Section 44(11C) Income Tax Act 1967. International donors will be subjected to the tax rules in their respective domiciles.
To donate, kindly download and complete the Statement of Trust form. Indicate in the form clearly the purpose of contribution (either General of Specific).
Click on the 'Online Payment' button and complete the transaction.
Once the transaction is completed, please submit the completed form and receipt of transfer to email@example.com
We will notify you via email once we have received your donation.
INCEIF will issue an official receipt as proof that we have received your donation.
Kindly make the cheque/telegraphic transfer to the specific account based on the purpose (General or Specific) which you have indicated in the Statement of Trust. Please refer to the list below for the details the accounts:
Bank Name: Malayan Banking Berhad
Swift Code: MBBEMYKL
Please send a copy of the completed form along with the scanned receipt of the transfer to firstname.lastname@example.org
Similarly, you may mail the completed Statement of Trust form and cheque to:
INCEIF Endowment Fund (IEF) Office
Lorong Universiti A
59100 Kuala Lumpur
Processing of payment will take minimum of 30 days. Each contribution will include a certificate to acknowledge your contribution to INCEIF once processing is completed.
For cash contribution, please contact us directly at +603 – 7651 4000 or at email@example.com
Dr. Rozali Mohamed Ali is a member of the INCEIF Board of Directors, Chairman of INCEIF Governing Council (IGC) and Executive Committee (EXCO).
He is also the Chairman Independent Non-Executive Director of the Board of Directors of JCY International.
Y. Bhg. Tan Sri Syed Jalaludin Syed Salim is the current Chairman of the Board of Directors of Universiti Putra Malaysia (UPM). He was the former Chairman of the Board of Directors for the Halal Industry Development Corporation (HIDC).
Y. Bhg. Dato’ Bakarudin has served the Central Bank since 1985 and has held several senior positions in the Bank.
Dato’ Bakarudin had an important role in the Bank's efforts in the development of Islamic finance and in promoting Malaysia as an Islamic financial hub.
Y. Bhg. Dato’ Seri Ir. Dr. Zaini joined the ministry in Aug 2016. Well-known in Malaysia as a professional environmental engineer and academic leader, he sits on various public agencies and has written more than 250 scientific papers published in leading academic journals and 33 books on environmental engineering, water sustainability, higher education and learning innovation.
Mr. Vicary assumed the role of INCEIF’s PCEO since Aug 2011. He has been in the finance and consulting industry for over 43 years, with significant experience in Asia, Europe, Latin America and the Middle East. Since 2002, he has focused exclusively on Islamic Finance.
Y. Bhg. Prof. Datuk Dr. Syed Othman, a respected academician in Malaysia joined INCEIF in 2007. He has served in various academic capacities in five universities in the country and his area of expertise is wealth management. He is a member of various Shari’ah Advisory Committees including Amanah Mutual Berhad and Prudential BSN Takaful Berhad.
Prof. Dr. Mohamad Akram Laldin is the Executive Director of International Shari’ah Research Academy for Islamic Finance (ISRA).
He currently sits on various Shari’ah Advisory Council committees including for the Central Bank of Malaysia and Employee Provident Fund (EPF).
Mr. Dzalin Ayub has vast experience in the areas of corporate planning, strategic development as well as change and operations management.
He has over 20 years of work experience particularly in the oil & gas industry, with focus on operations, change management and business transformation.