The establishment of the International Shari’ah Research Academy for Islamic Finance or more commonly known by its acronym, ISRA, is to promote applied research in the area of Shari’ah and Islamic finance.
It will also act as a repository of knowledge for Shari’ah views or fatwas and undertake studies on contemporary issues in Islamic financial industry.
As a part of the International Centre for Education in Islamic Finance (INCEIF), ISRA is able to leverage on the existing infrastructure and facilities as well as to tap on the knowledge, expertise and resources of the academic faculty and post graduate students in INCEIF. To provide input and assistance in the strategic direction of ISRA’s research works, the Council of Scholars, a group comprising of eminent local and international Shari’ah scholars, has been set-up.

As a pioneer of Islamic finance, Islamic Bank of Britain plc (IBB) is the UK’s only wholly Sharia compliant retail bank. IBB offers the largest range of Sharia compliant retail financial products in the UK, including Sharia compliant mortgage alternatives, current accounts and savings accounts, as well as wealth management solutions via carefully selected partners. The Bank also offers a wide range of institutional and business banking products and services, including Commercial Property Finance.

Sharia compliant banking operates without the use of interest and is founded on Islamic finance principles derived from trade, entrepreneurship and risk-sharing. Whilst IBB offers products and services that are designed in accordance with Sharia principles, it is an inclusive, ethical organisation and welcomes customers of all faiths looking for a bank with a transparent, prudent and community-focused approach.