The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group has organized a public lecture to discuss the role of the Maliki School of Islamic Jurisprudence in the development of the contemporary Islamic finance industry.
The lecture, held at the IsDB headquarters in Jeddah, was delivered by Prof. Koutoub Moustapha Sano, Minister in the Presidency and Diplomatic Adviser to the President of the Republic of Guinea.
IRTI organized the lecture as part of its knowledge sharing sessions aimed to promote intellectual discourse on the Islamic finance industry, said IRTI Director General Prof. Mohamed Azmi Omar.
Delivering the lecture, Prof. Sano explained that the Maliki School as well as other Schools of Islamic Jurisprudence have played an important role in enhancing the quality of Islamic finance practices.
He said the scholars of Islamic jurisprudence left behind enormous treasure of useful knowledge, adequate to deal with all new issues arising in Islamic finance. However, he added, contemporary Islamic finance has not optimally utilized such wealth of knowledge to address burning issues in the industry.
Prof. Sano said the Maliki School has enormous potential to continue to contribute toward the development of Islamic finance, explaining that the “public interest” approach of the Maliki jurisprudential views formed the intellectual basis for many of today’s Islamic financing modes.
Source: Arab News
GMT 05:55 2018 Tuesday ,23 January
US tax reforms send UBS profits plungingGMT 13:12 2018 Sunday ,21 January
CBB signs memorandum of understanding with DFSAGMT 04:49 2018 Saturday ,20 January
HSBC in $100 million forex fraud settlementGMT 14:14 2018 Wednesday ,17 January
Strong euro 'source of uncertainty' for ECBGMT 17:00 2018 Tuesday ,16 January
IMF 'concerned' by Kiev's plan for anti-corruption courtGMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 06:05 2018 Sunday ,14 January
Bitcoin shouldn't become the new Swiss bank accountGMT 21:23 2018 Wednesday ,10 January
BCCI elections committee holds second meetingMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor