Five Days International Islamic Banking Conference

Published October 1st, 2009 - 01:57 GMT
AlHuda Centre of Islamic Banking and Economics is privileged to organize five days’ International Conference on Islamic Banking & finance in Almaty, the capital of Kazakhstan in which delegates not only from Kazakhstan but also from Central Asian countries are participating. The Speakers will deliver research articles on Islamic banking and finance. First day of the conference will cover the topics as Basic fundamentals of Islamic Banking, models and products etc. and on the second day, Shariah, Regulatory, Auditing and Accounting issues will be the topics of focus. Third day will cover the topics such as Micro Takaful, Banca Takaful, Re Takaful, and Family Takaful. Fourth day for Sukuk solely and the last day of the conference will cover the topics of Islamic Micro Finance and Islamic Funds.
Mr. Qamar Mahmood, Chief Executive Officer (IFBTC) Kazakhstan, said in his welcome note that the solitary efforts of Alhuda CIBE to promote Islamic Banking in Kazakhstan are just superlative. He further added that IFBTC reassures its full support to Alhuda CIBE in this regard. He told that 47 % inhabitants of Kazakhstan are Muslim and eagerly waiting for Islamic Banking system in order to have interest free banking. He further praised Islamic Banking System of Pakistan which is awe-inspiring and rightly according to Shariah compliance. The people of Kazakhstan see Pakistani Islamic Banking System with great respect.
While talking to the media crew, Mr. Zubair Mughal, Chief Executive Officer, Alhuda Centre of Islamic Banking and Economics stated that the current International economic and financial crunch has placed Islamic Banking to a dignified position. For this reason, not only Muslim countries but also Non-Muslim territories are getting attracted to the Islamic Banking system. He added that Alhuda CIBE and IFBTC are mutually making efforts to establish the state of the art Islamic Banking in Kazakhstan that will help providing Islamic Banking Product Development and Shariah Human Resources to Kazakhstan, Tajikistan, Azerbaijan and Kirgizstan and other countries.  

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