This is an area for USIM to show its capabilities. The Actuarial Science and Risk Management Program combined with the Financial Mathematics program can develop substantial research expertise. USIM also has within its campus the World Fatwa Management and Research Institute (INFAD) and the Faculty of Economics and Muamalat that can help strengthen research in Islamic Finance.
KFH Research bags Islamic finance award
KFH Research Ltd, a wholly owned subsidiary of Kuwait Finance House (KFH), won the recognition as the "New Provider for Islamic Finance Research" from an Islamic finance conference organisers. It received the award from Dow Jones Islamic Market Indexes (DHM), International Institute of Islamic Finance (IIIF) and the Kuala Lumpur Islamic Finance Forum (KLIFF) 2008. Second Finance Minister Tan Sri Nor Mohamed Yakcop presented the award in conjunction with the 5th KLIFF. The team's research coverage includes economics and financial analysis in the GCC, Asia and US/Europe, currency strategies, GCC sectoral coverage and research advisory in Islamic finance, KFH Research said in a statement. KFH Research is led by Baljeet Kaur Grewal (picture) who is its managing director and vice chairman.