Research & Development (R&D) is an essential aspect of modern industry and enterprise, no less so in the financial world. Any industry not able to maintain a dynamic approach to its own development can never attain it full potential.

While the concepts and practices dates back centuries, the modern Islamic financial products and structures are becoming the fastest growing business globally with a greater potential of appealing to the large ethically-minded communities among the world population at large.

In order to create an effective and mature Islamic banking system that is able to meet the demand of a modern and sophisticated market, R&D is a must.

With London’s access to world-class facilities the Institute provides a central platform for undertaking on-going research, on its own and with others, to gain solutions to problems, look for a specific answer to a specific issue, and production of new knowledge in an objective, unbiased and reliable way The focus is also on examining new instruments, documentation for various transaction and legal rulings concerning Islamic banking and insurance operations in the global financial context .

Financial institutions can sponsor and supervise important research projects to support their product development programmes and reviews marketing strategies.