Universiti Islam Malaysia (UIM) and CIMB Islamic have put in place agreements for their cooperation in promoting the development of higher education through a special endowment grant to establish the Chair for Waqf and Islamic Finance Management Studies as well as the establishment of CIMB Islamic Primary Resources for Islamic Finance Special Library. UIM President, Tan Sri Prof. Dr. Mohd. Yusof Noor and Chief Executive Officer of CIMB Islamic, Badlisyah Abdul Ghani signed two documents of Memorandum of Understanding (MoU). Both initiatives aim to enhance knowledge and capacity in the field of Islamic Finance and Waqf management.