15 Sep, Kuala Lumpur – INCEIF would like to record our appreciation to Royal Professor Ungku Aziz whose term as an INCEIF Governing Council (IGC) member has recently come to a close. As one of the founding IGC members, he brought his immense experience in the academic world to INCEIF since the university’s inception in 2005.
Since the 50s, Pak Ungku as he is fondly known, has always been passionate about solving the social and economic issues impacting the nation. He has made numerous major contributions to Malaysia, primarily focused on education and poverty. The impact that he has made included his academic work in formulating the Sarong Index, a measure of rural poverty; and his idea to establish Lembaga Tabung Haji, the institution to assist Mecca-bound Malaysian Muslims avoid usury when seeking to perform one of the five pillars of Islam. Tabung Haji is acknowledged as the first major Islamic institution in Malaysia, and remains a success story that other Muslim countries try to emulate.
We wish Pak Ungku all the best in his future endeavours and thank him for his guidance in helping INCEIF makes its mark in the Islamic finance knowledge world.