International Institute of Islamic Business & Finance

A Research Based Initiative Conforming to the Best Islamic Traditions

Leveraging research & technology for a halal ecosystem

The International Institute of Islamic Business and Finance (IIIBF) is a research-based institution focused on the halal ecosystem. It is backed by the IBF Net: the Islamic business and finance network, the maiden online community in the field created in 1999 and owned by IBF Net (L) Limited – a Labuan International Company with registered office in the Federal Territory of Labuan, Malaysia.
IBF Net is a Registered Training Provider with FAA – an independent quality assurance and accreditation body, supported by Bank Negara Malaysia (Central Bank of Malaysia) and the Securities Commission Malaysia.

Our Learning Programs

Triple-IBF Suite of Qualifications for the Development & Humanitarian Professional

This is the flagship initiative of IIIBF that aims to impart comprehensive knowledge and skills needed to transform you into a complete Development & Humanitarian Finance Professional. As policy makers strive to address the massive financial needs of countries seeking to meet the Sustainable Development Goals, and as international humanitarian agencies struggle to meet a massive resource shortfall, this program aims to address the human resource development and capacity building challenges of the sector, especially in the context of Islamic societies with their unique institutions of philanthropy and tools of Shariah-compliant finance.
This intermediate level course aims to develop you as a professional, well-versed in Shariah rules pertaining to mobilization of zakat and its allocation as an “alternative” source of financing the Sustainable Development Goals (SDGs) and as a tool to meet the ever-increasing humanitarian funding gap.
This intermediate level course aims to equip you with the Shariah-legal knowledge as well as modern tools for a leadership role in the transformation of the Islamic endowments or awqaf sector and effectively contribute to the provision of public goods, e.g. education, healthcare, energy, water & sanitation and the like.

The purpose of this intermediate level course is to equip you with a comprehensive, but non-technical understanding of the application of emerging technologies in the halal ecosystem – the Islamic business as well as financial services sector.

Certified Halal
Business Analyst

This is an introductory level course that will provide you with a comprehensive understanding of the opportunities presented by the global halal economy and the fundamental tools required for organizations to strategically respond to the same, e.g. the legal and Shariah aspects of halal certification as it relates to specific sub-sectors, e.g. food, lifestyle, pharmaceuticals, tourism and the like.

This intermediate level course aims to provide you with a comprehensive understanding of the building blocks of an Islamic microfinance program – models, products and services based on Shariah-compliant modes- with a view to creating livelihood opportunities and alleviating poverty levels.

This is the right course for you if you are yet to be initiated into the world of Islamic finance and you need a basic and introductory level understanding of how Islamic finance is different from conventional finance and what are the building blocks of an Islamic financial system – the complete array of Islamic financial products, models and institutions.

Our Experts

Dr. Nasim Shah Shirazi

HBK University, Qatar

Dr. Irfan Syauqi Beik

Director, National Zakat Foundation
(BAZNAS) Indonesia

Dr. Ahmad Juwaini

Director, National Committee for Islamic Finance (KNKS), Indonesia

Nana Mintarti

Commissioner, National Zakat Foundation (BAZNAS) Indonesia

Dr. Hisham Dafterdar

Awakaf Australia

Umar Munshi

Ethis Ventures, Malaysia

Azim Kidwai

CEO, Mercy Mission & Chair, BoT, National Zakat Foundation, UK

Mufti Faraz Adam

Shariah Consultant & Head of Research, National Zakat Foundation, UK

Vladimir Malenko

General Director
PayZakat, Russian Federation

Dr. Abd Halim Mohd Noor

Director, Center for Islamic Philanthropy and Social Finance, UTM, Malysia

Dr. Mohammed Obaidullah

Founder, IIIBF

Dr. Aliyu Dahiru Mohammed

Bayero University, Kano, Nigeria

Friends of Triple IBF

Global Sadaqah, Malaysia
Ethis Ventures, Malaysia
PayZakat, Russian Federation
National Zakat Foundation, UK
Lifeline Foundation, India
Tawakul, South Africa

Executive Team






Head (Emerging Technologies)
Saudi Arabia


Country Representative
South Africa

Mohammed Zahid

Head (Business Development)
+60112631 1060


Manager (Finance & Customer Relations)

Knowledge Repository

Mohammed Obaidullah

Blockchains through the Lens of Islamic Economics

The conceptual foundations of blockchain technology have a strong ethical dimension. It is usually associated with terms, such as, transparency, verifiability, traceability, immutability, all of which are bracketed with economically

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Mohammed Obaidullah

Awqaf’s Un-calculated Risks

Awqaf organisations, notwithstanding their religious and social objectives, in order to fulfill and promote their social mission, often find it necessary to expand their revenue base by actively engaging in

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