# International Research Centre of Islamic Economics and Finance

> research centre in Malaysia

**Wikidata**: [Q137600670](https://www.wikidata.org/wiki/Q137600670)  
**Source**: https://4ort.xyz/entity/international-research-centre-of-islamic-economics-and-finance

## Summary
The International Research Centre of Islamic Economics and Finance (IRCIEF) is a research institute in Malaysia, established in 2014. It is affiliated with Selangor Islamic University and focuses on Islamic economic jurisprudence and Sharia-compliant banking.

## Key Facts
- Founded in 2014
- Located in Kajang, Malaysia
- Affiliated with Selangor Islamic University
- Primary research areas: Islamic economic jurisprudence and Sharia-compliant banking
- Official website: [ircief.uis.edu.my](https://ircief.uis.edu.my/)
- Classified as a research institute
- Operates in English

## FAQs
### Q: What is the main focus of the International Research Centre of Islamic Economics and Finance?
A: The centre specializes in Islamic economic jurisprudence and Sharia-compliant banking, conducting research in these fields.

### Q: Where is the International Research Centre of Islamic Economics and Finance located?
A: The centre is located in Kajang, Malaysia, and is part of Selangor Islamic University.

### Q: When was the International Research Centre of Islamic Economics and Finance established?
A: The centre was founded on May 1, 2014.

### Q: What languages does the International Research Centre of Islamic Economics and Finance use for its operations?
A: The centre operates in English, as indicated by its website's language qualifier.

### Q: What type of organization is the International Research Centre of Islamic Economics and Finance?
A: It is classified as a research institute, with a primary purpose of conducting research.

## Why It Matters
The International Research Centre of Islamic Economics and Finance plays a crucial role in advancing Islamic economic theory and Sharia-compliant financial practices. By focusing on Islamic economic jurisprudence and Sharia-compliant banking, the centre contributes to the development of a more inclusive and ethically grounded financial system. Its research helps bridge the gap between traditional finance and Islamic principles, offering insights that can influence policy, education, and financial innovation. As part of Selangor Islamic University, the centre also supports academic and research initiatives in the field of Islamic finance, making it a key player in Malaysia’s Islamic economics and finance landscape.

## Notable For
- Being the first research centre in Malaysia dedicated to Islamic economic jurisprudence and Sharia-compliant banking.
- Affiliation with Selangor Islamic University, enhancing its academic and research capabilities.
- Conducting research in a field that is increasingly relevant globally due to the growth of Islamic finance.
- Providing a platform for scholars and practitioners to explore the intersection of Islamic law and economics.
- Operating in English, making its research accessible to an international audience.

## Body
### Founding and Affiliation
The International Research Centre of Islamic Economics and Finance (IRCIEF) was established on May 1, 2014. It is part of Selangor Islamic University, a leading institution in Islamic education and research in Malaysia.

### Research Focus
The centre’s primary research areas are Islamic economic jurisprudence and Sharia-compliant banking. These fields are critical for understanding the ethical and legal foundations of Islamic finance.

### Location and Accessibility
Located in Kajang, Malaysia, the centre is accessible via its official website, [ircief.uis.edu.my](https://ircief.uis.edu.my/), which operates in English.

### Classification
IRCIEF is classified as a research institute, with a focus on conducting and disseminating research in its specialized fields.

### Impact
The centre’s work contributes to the development of Islamic finance and economics, providing valuable insights for scholars, policymakers, and financial institutions.