Arab Today, arab today experts urge commitment to controls of islamic financial industry
Last Updated : GMT 13:40:10
Arab Today, arab today
Arab Today, arab today

Experts urge commitment to controls of Islamic financial industry

Arab Today, arab today

Arab Today, arab today Experts urge commitment to controls of Islamic financial industry

Kuwait - KUNA

Speakers at the Fifth Shura Fiqh Conference highlighted the need to preserve the parameters of Islamic financial industry as per the correct understanding of 'fiqh,' or Islamic jurisprudence. Addressing the final session of the conference on Tuesday, Dr. Yusuf Al-Shebeili said "the provisions of Sharia (Islamic law) and fiqh set clear-cut controls, rules and criteria for the modern Islamic financial and banking industry; one of most important rules in this regard is to plug the pretext for suspicious unlawful practices," he said. "This rule provides basis for a set of provisions that govern the Islamic financial industry and determine what is right or wrong, favorable or unfavorable, and so on" Al-Shebeili explained. In their presentations to the conference, Dr. Sayyed Al-Tabtabaei, Dr. Mohammad aZarqa and Dr. Hussein Hassan set forth the applications of the rule of plugging the pretexts or excuses on financial and banking transactions. The papers of the three experts explained in detail the viability of the Sharia-compliant practices in the steadily-growing Islamic financial and banking industry. The two-day gathering, organized by the Shura Sharia Consultancy, brought together prominent financial experts from Kuwait, the Arab region and beyond.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today experts urge commitment to controls of islamic financial industry Arab Today, arab today experts urge commitment to controls of islamic financial industry

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today experts urge commitment to controls of islamic financial industry Arab Today, arab today experts urge commitment to controls of islamic financial industry

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday