As the confidence of local and the worldwide potential market for IF rests critically on Shariah compliant mechanisms, there is a strong need for coherence amongst different schools of thought, and mutual acceptability of product within and across countries, while recognizing that diversity in Shariah opinions (fatwas) is enshrined in Islamic legal history and will thus remain a feature of the market.
•  Cultivate the IF industry as a multi-dimensional and multi-product market by exploiting scores of opportunities in fund, assets and wealth management, as well as proper financial engineering and innovation to support project and infrastructure financing, structured financial derivatives, and private equity, retail banking and Islamic mortgages. •  Develop suitable frameworks and applications of PLS-based products.