Research in

Islamic Finance :
creating a niche area

Mohamad Fany Alfarisi

Faculty of Economics
Universitas Andalas
 Presentation Outline
• Why Islamic finance?
• The present condition.
• Write an Islamic finance article.
• Where to publish?
• Future agenda.
 Why Islamic Finance?
Islamic finance has been defined as:
• A financial system which is built upon some
distinctive and unique characteristics that are
based upon certain principles underlined by
Shari’ah (Qur’an & Sunnah of Prophet
Muhammad PBUH) (ISRA, 2012)
 Why Islamic Finance?

• “Islamic finance has been

growing rapidly in recent
years. Motivated by a
heightened interest in
financial instruments that
emphasize risk sharing, it
has been attracting greater
attention in the wake of the
recent financial crisis.”
(Mohieldin, 2012)
Why Islamic Finance?
The Present Condition
The Present Condition
Opportunities ahead
• Islamic finance assets are
predicted to increase
around 75% by the year of
2021.
 Write an Islamic Finance Article
• What topic?
• Don’t have Shariah background?
• Non-Muslim?
• Availability of data?
• Scopus indexed?
• Funding?
Write an Islamic Finance Article
Write an Islamic Finance Article
Write an Islamic Finance Article
Write an Islamic Finance Article
Write an Islamic Finance Article
Where to Publish?
Where to Publish?
Where to Publish?
 Future Agenda
• The expansion and performance of Islamic finance.
• Regulatory and governance of Islamic financial
institutions.
• Enhancing Islamic financial inclusion.
• Financial stability and development.
• Research on Non-bank Islamic financial institutions.
• Islamic capital market.
• Waqf.
• Hajj fund management.