Some 20 papers that will revolve around the theme, “Contemporary challenges of Islamic finance: towards realising the goal of Shari’ah”, will be presented during the two-day International Conference on Islamic Finance.
According to Unissa Rector Dr Haji Serbini bin Haji Matahir, the main objective of the conference is to consolidate and find solutions on issues of Islamic banking and finance “based on the fundamental Shari’ah principles and maqasid al-Shari’ah”.
One of the challenges faced by the Islamic banking and financial institutions is developing products and services approved by Shari’ ah or legitimate from the Shari’ah perspective.
Dr Haji Serbini hopes that the conference can “positively contribute to the development of a more globally harmonised Islamic banking and finance industry that would better serve the Muslim Ummah”.
The conference, which was officiated by Minister of Finance II Pehin Orang Kaya Laila Setia Dato Seri Setia Awang Haji Abdul Rahman bin Haji Ibrahim yesterday, will conclude today. Among the papers that will be presented today are “The Bruneian Perspective Towards Islamic Banking System In Brunei” by Azme Haji Matali, and “The Shariah Process In Produet Approval In Islamic Banking & Capital Market” by Dr Ahcene Lahsasna.
source : brudirect