Oxford Centre for Islamic Studies


The sole purpose of the Charity is to promote an understanding of Islam and the Islamic World, in accordance with the Declaration of Trust dated 10 October 1985. The Oxford Centre for Islamic Studies is an academic instituition which, by means of the pursuit of excellence in its teaching, research and publication, aims to promote a more informed understanding of the Islamic World. During the year under review the Centre maintained its teaching, research, publishing and international activities and, following completion of the shell and core of its new building, work is proceeding on the design of its interiors and landscaping. The charity will continue to invest in assets that maximise capital growth and yield satisfactory income to fund development of the Centre.

Professional Advisers

Auditors Wenn Townsend
Legal Advisers Blake Lapthorn Tarlo Lyons; Farrer & Co
Investment Managers RCM (UK) Ltd; Deutsche Asset Management; Morgan Stanley Investment Management; Merrill Lynch Fund Managers Ltd


Dr Abdullah Omar Naseef, HRH Prince Turki Al-Faisal Bin Abdulaziz, Tan Sri Ahmad Sarji Bin Abdul Hamid, Mr Khalid Ahmed Yousef Zainal Alireza, Mr Andrew W Graham, Prof Keith B Griffin, Mr Abdullah Gul, Mr Easa Saleh Al Gurg CBE, The Very Revd Christopher Lewis, Prof Ali A Mazrui, Mr Mohamed Abdulaziz Al Mutawa, Dr Shaikh Mohammed Al Sabah, Pehin Abdul Aziz Umar, Mr Abdul Rahman Salim Al Ateeqi, Prof Muhammad Rabay Nadwi


Dr Farhan Ahmed Nizami (Director, Secretary to the Board of Trustees), Mr Ovais Ziauddin (Finance Manager)

Investment Policy

The Trustees appoint professional managers to manage investments on behalf of the charity. The activities of the investment managers are appraised periodically in terms of performance and compliance with their respective mandates. The Trustees consider that satisfactory progress is being made towards the attainment of the charity's objectives. The performance of the investments portfolio and the results of the subsidiary companies are regarded as satisfactory.


The Trustees who have ultimate reponsibility for maintenance of the Oxford Centre for Islamic Studies and its academic policy and stategic direction, have delegated the day-to-day management of the Centre to its Director, who operates through his departmental heads. The co-ordination of the management of the Islamic Trust is the responsibility of the Secretaries to the Trustees. The election of Trustees is preceded by consultation to ensure they are aware of the aims and objectives of the charity and their responsibilities. The Trustees have assessed and continue to reassess the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to mitigate the charity's exposure to the major risks.


The policy of the Trustees is to use its income fund to support the objects of the charity and also to accumulate its operating surpluses and necessary fixed assets, to build up a financial reserve of a sum equivalent to not more than eighteen months of revenue expenditure. The level of reserves is monitored and reviewed by the Trustees at least once a year.

Future Commitments

The principal task of the charity is to complete the new building for the Oxford Centre for Islamic Studies, and to mobilise benefactions in order to enhance and expand its academic activities.

General Review

The Oxford Centre for Islamic Studies is a Recognised Independent Centre of the University of Oxford. It was established in 1985 to encourage the scholarly study of Islam and the Islamic world. HRH The Prince of Wales is the Patron of the Centre. It is governed by a Board of Trustees consisting of scholars and statesmen from different parts of the world, alongside representatives of the University of Oxford. The Centre provides a meeting point for the Western and Islamic worlds of learning. At Oxford it contributes to the multi-disciplinary and cross-disciplinary study of the Islamic world. Beyond Oxford, its role is strengthened by a developing international network of academic contacts. The work of the Centre has attracted global attention and widespread support.

George Street

Tel: 01865 278730
Fax: 01865 248942


CC number: 293072

Performance Guide Rankings

investment assets 242 / 1000
investment income 303 / 995
return on investments 710 / 995
investment management costs 73 / 743
inv mgmt costs as % of inv assets 58 / 743

inv mgmt costs as % of inv income 46 / 743
investment property - / 361
income from investment property - / 325
inv property inc as % of investment property - / 225

income from listed investments - / 661
income from short-term investments - / 726
listed investment inc as % of inv income - / 661
short-term investment assets 142 / 988

legacy income - / 226
grants received - / 88
total voluntary income 97 / 628

grants made - / 668
charitable expenditure 345 / 638
charitable expenditure as % of total expenditure - / 335
support costs - / 230
management & administration fees 403 / 970
audit fee per £m of income 729 / 949

total incoming resources 232 / 1000
total resources expended 491 / 1000
total assets 129 / 1000
period ending 2009 2010
legacies - -
grants - -
other voluntary income 5.43 10.59
total voluntary income 5.43 10.59
activities, furtherance of charities objects - -
activities for generating funds 0.11 0.12
trading subsidiaries - -
sales and fees from operating activities 0.11 0.12
investment property - -
dividends - -
total listed investments - -
income from subsidiaries - -
interest on cash & short term inv - -
total investment income 1.39 1.13

fundraising costs - -
investment management costs 0.13 0.41
Investment costs 0.13 0.41
other costs 0.06 0.09
cost of generating funds 0.19 0.50
activities, furtherance of charities objects 1.69 1.92
management and admin 0.05 0.06
total charitable expenditure 1.75 1.97

ASSETS £m £m
intangible assets - -
tangible fixed 58.21 61.06
equities - -
bonds - -
listed investments 32.54 38.59
investment assets 32.54 38.59
other fixed assets - -
total fixed assets 90.75 99.64
stock - -
debtors 0.14 0.25
cash 3.91 11.25
current assets 4.05 11.50
bank loans & overdrafts - -
trade & other creditors, accruals 0.29 0.90
creditors falling due within one year 0.29 0.90
net current assets 3.76 10.60
loans - -
future long-term grant commitments - -
trade creditors - -
subsidiary & associated undertakings - -
creditors falling due after one year - -
provisions for liabilities and charges - -
TOTAL ASSETS 94.51 110.24

ASSETS £m £m
income funds 0.78 1.10
endowment funds 34.70 40.08
restricted funds 59.03 69.06
TOTAL FUNDS 94.51 110.24