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UNIVERSITI TEKNOLOGI MARA

THE IMPORTANCE OF RESEARCH MANAGEMENT IN ISLAMIC

BANKING: A STUDY AT INTERNATIONAL SHARP AH

RESEARCH ACADEMY FOR ISLAMIC FINANCE (ISRA)

KHAIRUNISA BINTI CHELEE

Academic Writing submitted in partial fulfillment of the requirements for the degree of

BACHELOR OF MUAMALAT (HONS.)

Academy of Contemporary Islamic Studies

July 2018

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AUTHOR'S DECLARATION

I declare that the work in this academic writing was carried out in accordance with the regulations of Universiti Teknologi MARA. It is original and is the results of my own work, unless otherwise indicated or acknowledged as referenced work. This academic writing has not been submitted to any other academic institution or non-academic institution for any degree or qualification.

I, hereby, acknowledged that I have been supplied with the Academic Rules and Regulations for Under Graduate, Universiti Teknologi MARA, regulating the conduct of my study and research.

Name of Student Khairunisa Binti Chelee

Student I.D. No 2014321231

Programme Faculty

Academic Writing Title

Bachelor in Muamalat (Hons.) -IC210 Academy of Contemporary Islamic Studies

The Importance of Research Management in Islamic Banking: A Study at International Shari'ah Research Academy for Islamic Finance (ISRA)

Signature of Student Date

^ V G ^

July 2018

iii

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ABSTRACT

ISRA is one of the research institutions that conducted research on Islamic finance included Islamic banking and received many awards based on their performance. The purpose of this study was to analyse the importance of research management in Islamic banking at ISRA. This research aimed to study the management in Islamic perspective, research management in ISRA in Islamic banking and the improvement for research management in Islamic banking at ISRA. These respondents were researchers from Research Affairs Department (RAD) which were the Head of Quality Assurance Office, senior researcher, researcher which often giving the briefing about ISRA to any institutions and researcher from Islamic banking unit. The Tandom interview was conducted to these four respondents with structured questions.

Overall, this study shows respondents agreed that research management in Islamic banking is importance to academicians, practitioners, students and publication company. The research suggested that ISRA should have enough manpower to avoid the overlap work and having a proper database system for storing all document about ISRA's findings. Therefore, ISRA should ensure that they maintained the excellent quality of findings in Islamic banking to be the premier Shari'ah research centre in Islamic finance as their own vision. ,w y^ ,

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ACKNOWLEDGEMENT

Firstly, I am grateful to Almighty for giving me the strength to embark on my Bachelor and for completing this long and challenging journey successfully. My gratitude and thanks go to my supervisor Assoc. Prof. Dr. Huzaimah Ismail, and examiner, Dr. Kamariah Yusoff. Thank you for the support, patience and ideas in assisting me with this project. I also would like to express my gratitude to the staff of International Shari'ah Research Academy (ISRA) for Islamic Finance, especially Dr.

Marjan Muhammad, Dr. Shamsiah Mohamad, Dr. Farrukh Habib and Mr. Mezbah Uddin Ahmed for providing me knowledge and assistance.

To all relatives, friends and others who in one way or another shared their support, either morally, financially and physically.

Special thanks to my father, Chelee Bin Narawi, and my siblings for helping me with this project. Finally, this thesis is dedicated to the loving memory of my very dear late mother, Sa-aibah Binti Rasli, for the vision and determination to educate me. This piece of victory is dedicated to all of you. Alhamdulillah.

v

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TABLE OF CONTENTS

CONFIRMATION BY PANEL OF EXAMINERS AUTHOR'S DECLARATION

ABSTRACT

ACKNOWLEDGEMENT TABLE OF CONTENTS LIST OF FIGURES

LIST OF ABBREVIATION/NOMENCLATURE

CHAPTER ONE: INTRODUCTION 1.1 Introduction

1.2 Background of Study 1.3 Problem Statement 1.4 Research Objectives 1.5 Research Questions 1.6 Significant of Study 1.7 Scope of Study 1.8 Limitation of Study 1.9 Definition of Terms

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