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Research Activities

Research Projects

FY 2009/2010 Research Topic: 4-15
Globalizing Islamic Banking and Situation in Each Country


Since the establishment of Dubai Islamic Bank in 1975, we witnessed the rapid development of Islamic banking and finance around the world. Today we can find wide range of Islamic finance such as Islamic banks, Islamic insurance, Islamic investment companies, Islamic bonds (sukuk) market and Islamic investment funds in many countries.

This project aims to study the development and current situation of Islamic finance mainly in the Middle East and Asian countries, focusing on its mechanisms, financial methods, roles in the economies, governmental regulations and the processes of development.


2008/4 - 2010/2


Members of the Research Project

FUKUDA Sadashi
SUZUKI Hitoshi
YAMADA Toshikazu
YOSHIDA Etsuaki (Deputy Director, Japan Bank for International Cooperation)
NAKAGAWA Rika (Associate Professor, Faculty of Economics, Toyo University)
NAGAOKA Shinsuke (Research Fellow, Center for Southeast Asian Studies, Kyoto University)
Mehboob UL HASSAN(Post Doctoral JSPS Fellow and Visiting Project Researcher, Graduate School of Asian and African Area Studies. Kyoto University)


The interim research report was published in March 2009 (Japanese).
The final results of the project will be published in the I.D.E. Research Series (Japanese) during fiscal year 2010.