Director ARI HICoE: May 2010

Thursday, May 27, 2010

A Special Invitation to JAKIM's Muzakarah

I wish to thank the management of JAKIM for a personal invitation given to me and ARI's two Phd researchers to attend a special Muzakarah session on Shariah Advisory Council for Islamic Institutions in Malaysia on 31 May 2010. We hope to make full use of the invitation to network with members of the Shariah Advisory Council. This is especially useful for us to learn more about the Islamic Finance framework in our forthcoming research in Islamic Financial Criminology.

Wednesday, May 26, 2010

Visit to CCM

Prof Dr Rozainun and her team from the Asia-Pacific Forensic Accounting Research Centre (AFARe) will be organizing their international annual conference on 14-15 December 2010. This year's conference will have a special track on Islamic Financial Criminology. Some national and international speakers have indicated their commitment to participate in the event. The Companies Commission of Malaysia (CCM) through its CEO Dato' Azmi Ariffin has offered AFARe the CCM auditorium as possible venue for the forthcoming conference. The venue is indeed strategically located. Today, the team went to visit the said location and they were indeed very impressed...

Tuesday, May 25, 2010

Thank You Nigel

I wish to thank Mr Nigel Iyer for sending me a complimentary copy of his recent book titled: A Short Guide to Fraud Risk - Fraud Resistance and Detection. He co-authored the book with Martin Samociuk.

This just recently released book is one of "the must have" items. I met Nigel at a Fraud and Corruption Summit in London - he was one of the speakers at the summit. Nigel has agreed to be one of the speakers at our forthcoming Financial Criminology Conference this December in Kuala Lumpur.

Thursday, May 20, 2010

Celebrating Winners.

Congratulations to all ARI members who received their scrolls at the convocation ceremony today.

It was a great feeling to see how our graduates grew and developed over the years.

Our Master in Forensic Accounting and Financial Criminology graduates did us proud as this was the largest number we have produced in a cohort since the program was introduced in 2006. Ain, Suhani, Rosdi, Putri, Yazid, Marini, Nisha, Yazid, Syah, Nurahim, Shahrul, Azura, Huda, Ismayanti, Ezadee, Fazlysham, Salihuddin, Amirudin, Khairul, Juhana. I am so proud of you all....

Welcome

The creation of this blog is an effort to provide latest update and information about ARI. As a director to ARI, I want to share my personal vision and perhaps invite those who visit this blog to give ideas and constructive comments on how to continuously improve ARI from time to time. ARI is a centre of excellence under the Ministry of Higher Education, Malaysia. Personally, I believe that it can go very far. Plans are underway for ARI to participate at international platforms.

As a Higher Institutions' Centre of Excellence (HICoE), ARI is to drive a niche research in Islamic Financial Criminology (IFC). Essentially there are two main research thrusts within IFC: (i) Islamic Accounting & Muamalat and (ii) Financial Criminology. The focus on IFC is in tandem with the government's aspiration of making Malaysia, the global hub is Islamic Finance. In view of this vision, fundamental research in financial criminology is important so that new policies or system can be developed to mitigate and prevent financial crime within the Islamic Finance industry and other economic sectors.

ARI's research in Islamic Financial Criminology is divided into three phases. In Phase One, IFC research projects will focus on both local and regional issues. As such, ARI will forge a lot smart research collaborations with other research centres, professional bodies, government agencies, regulatory & enforcement agencies, universities and the private sectors. The Phase One projects aim to identify specific IFC issues that necessitate the development of new poducts, models, framework or policies. ARI will collaborate with agencies such as JAKIM, IKIM, IBFIM, INCEIF, ISRA, PDRM, RMC, FIU, BNM, MACC, IIM, UIA, USIM, USM etc. In term of deliverables, at least fifty publications will be produced by Phase One initiatives.

Premised on specific issues identified in Phase One projects, Phase Two focuses on working on specific IFC products, models, framework and/or policies related to IFC. ARI invites international partners who are experts in their own fields to participate in Phase Two research projects. Several international players from Australia, USA, UK, New Zealand, Japan, Taiwan, Korea and Singapore have indicated their interest to participate.

In Phase Three, IFC products, models, policies are further enhanced. The main aim of Phase Three is to isolate elements of technology transfer and the development of systems into IFC products, models, framework or policies. Upon completion of Phase Three, IFC products will be launched and ARI hopes to become a leading research centre globally focusing on its niche "Islamic Financial Criminology".

Director ARI HICoE