Strategic Collaboration: ICI and Elzar Shariah Discuss Future Partnership
KUALA LUMPUR – IIUM Consultancy and Innovation (ICI), a subsidiary of IIUM Holdings, recently held a discussion to explore a strategic collaboration with Elzar Shariah Solutions & Advisory. The meeting, which took place on 29 January 2026, focused on building a partnership to enhance Shariah consultancy and Islamic finance services.
The session was attended by Dr. Zaharuddin Abd Rahman, the Managing Director and Founder of Elzar Shariah Solutions & Advisory. Dr. Zaharuddin is a well known expert in the industry with over 22 years of experience. He has served as a Shariah advisor for various financial institutions, including the Securities Commission of Malaysia and the Central Bank of Malaysia. His deep knowledge in Shariah compliance adds great value to this potential strategic collaboration.
The discussion covered several key areas where both ICI and Elzar Shariah can work together. This includes product design, Shariah audit, and professional training for the Islamic finance industry. Elzar Shariah is known for providing practical solutions for businesses to grow in a Shariah compliant manner, which aligns with ICI’s mission to provide high quality consultancy services.
Through this strategic collaboration, both parties aim to strengthen their professional networks and improve the quality of Islamic financial products in the market. By combining ICI’s consultancy framework with Elzar Shariah’s expertise in research and development, the partnership will help corporations and financial institutions operate within Shariah boundaries more effectively.
The meeting ended with a clear goal to move forward with a sustainable partnership. This strategic collaboration shows the commitment of IIUM Holdings and ICI to work with industry leaders. We believe this cooperation will bring long term benefits to the Islamic finance sector and help produce more Shariah compliant solutions for the global market.