EDUCATION - IIUM Institute of Islamic Banking and Finance - IIiBF Fellowship Announcement (deadline August 1, 2011)

IIiBF Fellowshipis now open for applications to outstanding students with exceptional academic results and leadership qualities who intend to or are currently pursuing a full-time postgraduate degree at IIUM Institute of Islamic Banking and Finance. This fellowship will provide full tuition fee waiver only amounting to RM 21,000 Malaysian/ RM 26,000 International (for Master Programme) and RM 25,0000 Malaysian/ RM 27,000 International (for Ph.D Programme)

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APPLICATION FORM

EDUCATION - Public Lecture - Prof. Dr. Hassanudeen Abd. Aziz (IIUM Malaysia) - General Lecture “Derivative Instrument from Islamic Finance Perspective” (May 12, 2011 - Bandung)

Date: Thursday, May 12, 2011

Time: 9.30 a.m. – 12.00 a.m.

Place: B1 Multimedia Hall FE Unpad Jln. Dipati Ukur No. 35 Bandung - Universitas Padjadjaran

Monetary derivative instrument that has been popular in conventional finances seems to be at the crossroads in Islamic monetary. There is minimum coherence to what should be the right place for the derivative instrument in Islamic monetary.

In accordance with that, Management Laboratory of the Faculty of Economy Unpad, collaborating with Center for Studies of Islamic Economy and Business (PSEBI) FE Unpad, presents general lecture entitled “Derivative Instrument from Islamic Finance Perspective” with Prof. Dr. Hassanudeen Abd. Aziz from International Islamic University Malaysia. This event will be held on Thursday (05/12), at Multimedia Hall B1, FE Unpad, Jl. Dipati Ukur No. 35, Bandung and is open for public.

Source 

EVENTS - Fifth IIUM International Accounting Conference (INTAC V) from July 12 to 13, 2011

By the grace of Allah S.W.T, the Department of Accounting, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia will be organising the Fifth IIUM International Accounting Conference (INTAC V) from July 12 to 13, 2011. The theme of the conference is "Islam, Accounting and Finance: Challenges and Opportunities in the New Decade".

 This conference would be of benefit to both academicians and practitioners from all over the world. Regardless of being in the private or public sector, Islamic Accounting and Finance is crucial as it becomes a global phenomenon. Hence, we graciously invite academicians, practitioners, graduate students as well as those who have a keen interest in the area to present papers or participate in INTAC V. (full story hereunder)

EVENTS - International Shariah Audit Conference & Workshop ISAC 2011 (Kuala Lumpur 9-11 May)

AIBIM together with the IIUM Institute of Islamic Banking & Finance (IIiBF), IBFIM, ISRA and MTA are jointly organizing the International Shariah Audit Conference and Workshop  - ISAC 2011

Conference		Workshop
Date	May 9-10, 2011	Date	May 11-13, 2011
Venue	Nirwana Ballroom 1	Venue	Windows on KL 1
	Crowne Plaza Mutiara Kuala Lumpur		Crowne Plaza Mutiara Kuala Lumpur
	Jalan Sultan Ismail		Jalan Sultan Ismail
Price	RM1,500.00	Price	RM3,200.00
Price for attending both Conference and Workshop is RM4,500.00.  (more info hereunder or website)

EVENTS - CONFERENCES - 5th IIUM International Accounting Conference Malaysia (July 12-13, 2011)

Conference Overview

The IIUM International Accounting Conference V provides an avenue for the critical and objective examination of the link between Islam, Accounting and Finance in accommodating the demands and opportunities as a result of the changes in economic, political and social climates in which accounting and finance operates. More importantly, the conference’s theme highlights challenges and opportunities due to the recent developments in accounting and finance research. (source)

FINANCE - IILM - Retooling Liquidity Management

Islamic repos, or repurchase agreements, provide a new tool in creating and managing liquidity in the Islamic interbank money market. SCOTT WEBER identifies what instruments are available in the market and the extent to which they are being utilized.

Islamic repos aim to provide Islamic financial institutions with an additional avenue to source their funding requirements, providing banks with relevant tools to effectively manage their liquidity needs allowing the banks to finance its asset inventory.