Find the evidence behind a money question
This reading hub provides a new explanation of historical sources; it is separate from the current institutional I-FIKR repository. It contains selected verified records, not a complete recovered collection. The legal publisher/operator and institutional relationship of this project have not been verified. Related HTML records and external originals have distinct links.
Choose the source you need
Use a practical guide first if you need help with a bill, instalment or product comparison. Use this hub when you want to inspect the evidence behind an explanation. The library is a narrower catalogue of publications; the hub brings together concepts, research, resolutions and official product/rule sources by question.
How this collection is organised
Topic map · selected evidence paths
- “What does this word mean?”
Concepts → glossary → actual contract: understand ownership, payment and duties.
- “What is the research argument?”
Research → prepared hub ownership-risk record → publisher full text: inspect purpose, method and limits.
- “Who decided what, and when?”
Resolutions → prepared hub IIFA 137 record → issuer compilation: keep date, scope and later sources separate.
- “Where can I find a publication?”
Library → bibliographic catalogue. This hub adds questions and source-type context across those records.
Full text explanation
For terms use the glossary and actual contract. For scholarly arguments read the ownership-risk paper and publisher text. For an issuer decision read Resolution 137 with its historical date and limited scope. For a publication search use the planned library catalogue. Source type changes what an entry can prove; a paper is not a regulation and a resolution is not a customer offer.
Sources: Abdul Razak & Saupi (2017): ownership risk research; IIFA: official English compilation, Resolution 137; INCEIF: I-FIKR scope and current service link
What the historical I-FIKR was
I-FIKR stands for Islamic Finance Knowledge Repository. The historical BNM/MIFC profile credits ISRA with launching a database for Shariah rulings and their justifications alongside legal and regulatory requirements. INCEIF’s current institutional description covers books, research papers, articles, fatwas, glossary and educational materials. This supports a broad knowledge function; it does not verify the exact contents of the inaccessible 2017 capture.
Sources: BNM/MIFC: historical ISRA profile; INCEIF: I-FIKR scope and current service link
Keep historical identity separate from today’s link
Dated evidence map · distinct events
- 2008: the original academy
INCEIF’s history records establishment of the International Shari’ah Research Academy for Islamic Finance.
- 2010: repository initiative
INCEIF’s current I-FIKR page dates initiation to 2010. This is a retrospective statement, using the institution’s current name.
- 2021: consolidation
INCEIF’s history records consolidation with INCEIF University and the ISRA Research Management Centre name.
- 1 January 2025: Institute name
The official announcement makes the ISRA Institute rebranding effective on this date. It does not identify this reconstruction’s publisher.
Full text explanation
2008 is the academy establishment year. 2010 is the repository initiation year as retrospectively stated by INCEIF. 2021 is the consolidation year. 1 January 2025 is the effective date of the Institute name. The statement that the portal started in 2010 must not be read as evidence that the 2025 institutional name existed in 2010. None of these dates proves this project is affiliated.
Sources: INCEIF: ISRA institutional history; INCEIF: I-FIKR scope and current service link
For the current institutional service, use INCEIF’s official I-FIKR page and its outgoing link to ifikr.my. That is an external service with its own access conditions. This reconstruction does not offer accounts, membership, credentials or institutional authentication, and has not verified a current access price. No historical registration form or scholar profile is recreated.
Read the fields before relying on an entry
How to read an entry: an actual research article
Annotated record · verified metadata
- Title and credited authors
The concept and application of ḍamān al-milkiyyah (ownership risk): Islamic law of contract perspective. Lutfi Abdul Razak; Muhammad Nabil Saupi.
- Publication, issue and pages
4 December 2017 · ISRA International Journal of Islamic Finance 9(2), 148–163. Emerald on behalf of historical ISRA.
- Language and original availability
English original; full HTML available at Emerald. DOI 10.1108/IJIF-06-2017-0002. The BM summary here is newly authored.
- Evidence scope and access date
Descriptive research, not a product approval. Access checked 6 October 2026; this is not a 2017 archive capture or a new publication date.
Full text explanation
The original English paper is by Lutfi Abdul Razak and Muhammad Nabil Saupi, published 4 December 2017 by Emerald on behalf of ISRA in volume 9 issue 2 pages 148–163. Its DOI is 10.1108/IJIF-06-2017-0002. DOI is a permanent identifier. Full publisher HTML was available on 6 October 2026. It is descriptive scholarly research, not an approval of any current product. The Malay explanation is newly authored and not the authors’ certified translation.
Sources: Abdul Razak & Saupi (2017): ownership risk research
A research article gives an author’s argument and method. A resolution records a particular issuer’s decision in a stated setting. A regulator’s text may set requirements within its jurisdiction. A provider Product Disclosure Sheet (PDS) summarises a specific product; the actual terms and offer matter. Do not merge these into one universal “approved” answer. A printed edition or an upload year cannot prove that a contract or rule is current.
Research record: who bears ownership responsibility?
Original title: The concept and application of ḍamān al-milkiyyah (ownership risk): Islamic law of contract perspective. Authors: Lutfi Abdul Razak and Muhammad Nabil Saupi. Publication: ISRA International Journal of Islamic Finance, 9(2), 148–163; published 4 December 2017 by Emerald on behalf of ISRA. Language/type: English research article; descriptive research. Availability: full publisher HTML checked 6 October 2026; DOI 10.1108/IJIF-06-2017-0002.
Sources: Abdul Razak & Saupi (2017): ownership risk research
New reader explanation: The paper examines the link between ownership and the liabilities or responsibilities that accompany it, rather than treating “risk” as only a chance of a price loss. It uses descriptive analysis to discuss Islamic-finance applications. For an everyday reader, the useful next question is: “If I own or benefit from this asset, which costs and losses do I bear?” That question is editorial guidance, not a finding about your provider. The paper does not certify a present-day product or audit its execution.
Sources: Abdul Razak & Saupi (2017): ownership risk research
Resolution record: what an ijarah sukuk represents
Original identity: IIFA Resolution 137(3/15), Ṣukūk al-Ijārah (Leasing Bonds). Issuer: International Islamic Fiqh Academy. Historical setting:15 th session, Muscat, 6–11 March 2004. Checked original: official English compilation, second English issue 1442/2021, printed pages 290–291; the 2021 edition is not the decision date. Availability: full external PDF; this record hosts no PDF. The BM explanation below is newly authored, not an official IIFA translation.
Sources: IIFA: official English compilation, Resolution 137
New reader explanation: This resolution describes ijarah sukuk as shares in income-producing assets or usufructs, meaning rights to use an asset. Its clauses distinguish that ownership interest from simply a sum of money or a debt, and address return and ownership risk. The decision is about the described structure; it does not prove what a named Malaysian issue gives an investor today. Use the actual issuance documents to check rights, costs, risk and remedies. This short source record is a route into the historical text, not a replacement for all its conditions.
Official sources for a real product question
- Financing and participation: HSBC Amanah’s FAQ gives an eligible Muslim/non-Muslim inclusion example. Its September 2026 PDS explains the commodity-sale cash mechanism, fees and obligations. Bank approval and actual offer terms still apply.
- Protection: Takaful Malaysia’s motorcycle PDS dated 1 January 2026 describes donation to the General Takaful Fund and an included wakalah fee. Basic cover excludes own rider injury and natural-peril loss unless relevant extra cover is taken. Its Bike PA Plus FAQ says total benefit payout is the same for Muslim/non-Muslim participants while religious benefit descriptions differ. Read the full certificate for the claim.
- Saving versus investing: PIDM’s Deposit Insurance System protects eligible deposits subject to the RM250,000 per-depositor/per-member-bank limit and applicable categories. Investment accounts, unit trusts and crypto are excluded. A research argument about ownership is not proof of deposit protection.
Sources: HSBC Amanah: participation FAQ; HSBC Amanah: personal financing PDS, September 2026 version; HSBC Amanah: product-page approval condition; Takaful Malaysia: motorcycle PDS, 1 January 2026; Takaful Malaysia: Bike PA Plus and excess (the first part of a claim you pay) FAQ; PIDM: eligible deposits and excluded investments
Readers of any faith can use the same source-checking steps. Religious compliance may be an additional concern for a Muslim reader; neither the historical repository nor this summary decides anyone’s eligibility or gives a personal Shariah verdict. Product-specific religious benefits must be distinguished from access and from the amount paid.
Check an entry before applying it
- Match the exact title, author or issuing body, resolution number and document type. Preserve original titles; do not infer identity from a broken link.
- Separate publication/decision date, printed edition/version, any stated effective date and the date you accessed it. A 2021 translation can contain a 2004 decision.
- Read scope, conditions and exclusions in the original. For a product, include costs, ownership, who owes what and how to exit or claim.
- Use a historical decision as attributed evidence within its setting. Do not treat it as current Malaysian law, a live product offer or a blanket approval.
- If full text is unavailable, restrict the claim to verified metadata. A current university referral or old URL is not proof of the missing page’s contents.
The assigned 2017 I-FIKR archive capture could not be opened. The cited ECU page is a scholarly-works index with a historical external I-FIKR link; it does not establish the repository’s item list. Exact 2017 inventory, original membership terms and unavailable source identities remain unrecovered. The verified records above are selected originals for today’s reading paths, not a claim they all appeared in that capture.
The educational links lead to reader guides and source records on this site. The publication library and IIFA 137 record provide further reading. This knowledge hub is available at https://www.isra.my/en/knowledge/ and https://www.isra.my/ms/pengetahuan/.