The Research Centre for Islamic Legislation and Ethics (CILE), a member of Qatar Faculty of Islamic Studies (QFIS) at the Hamad Bin Khalifa University, is hosting a specialised seminar on ethics and economics from today.
The 3-day seminar will discuss the objectives of financial institutions in the neo-liberal economic system, with participating scholars critically reviewing and evaluating the processes. They will also discuss the need for the neo-liberal economic framework to be reformed from within or the necessity of developing an alternative system.
Another topic in focus will be the main objectives of ‘Islamic finance’ in relation to the individual, society, state and global economy.
In addressing this question, the scholars will provide an assessment of the Islamic finance journey so far, such as Islamic banks, the Islamic Development Bank, and Islamic Dow Jones.
They will also discuss the extent Islamic finance has introduced an alternative paradigm, or if it functions within the boundaries of the current neo-liberal economic system.
Dr Abdul Rahman Yusri, Professor at QFIS, will moderate the seminar. Participants include Sheikh Dr Ali Muhyealdin al-Quradaghi, the secretary general of the International Union of Muslim Scholars, Dr Hatem El-Karanshawy, dean of QFIS, Dr Abdulazeem Abozaid, associate professor at QFIS, Dr Philip Molyneux, dean of the College of Business, Law, Education and Social Science at Bangor University, North Wales, Dr Asad Zaman, vice chancellor of Institute of Development, International Islamic University Islamabad, Dr Mohammad Fadel, associate professor of Law at the University of Toronto, Dr Abdullah Aljudai, vice president of the European Council for Fatwa and Research, Catherine Samary, researcher from the University of Paris-Dauphine, Kavilash Chawla, managing director of Nur Global Strategies and visiting scholar at the Drake University, USA, Umer Chapra, renowned thinker and researcher in finance and economics and senior research adviser at the Islamic Research and Training Institute of the Islamic Development Bank, Jeddah; Prof. Tariq Ramadan, executive director, CILE, and Chawki Lazhar, deputy director, CILE.
Courtesy: Gulf Times