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Al Muntada Al Islami addresses debt repayment amid inflation
Al Muntada Al Islami addresses debt repayment amid inflation

Sharjah 24

time12-05-2025

  • Business
  • Sharjah 24

Al Muntada Al Islami addresses debt repayment amid inflation

Issa Al Belushi, Director of Al Muntada 's Community Programs Department, emphasized that the roundtable is part of the Al Muntada 's efforts to provide authentic, legitimate solutions to pressing economic issues, formulating solutions in light of the changes imposed by the global economic landscape, most notably the changing purchasing power of money and its impact on financial contracts and the rights of creditors and debtors. Alaa Fathy Barakat reviewed the theoretical framework of the scientific thesis, highlighting contemporary developments in financial transactions and the impact of monetary inflation on futures contracts. He reviewed the most important decisions taken by the Islamic Fiqh Councils in this context, and discussed the potential for developing more just and balanced standards that consider the objectives of Sharia and the modern financial reality. He also highlighted the most prominent problems resulting from monetary inflation, the resulting loss of currency purchasing power, and the impact of this on futures contracts, bonds, and loans. He also reviewed the standards approved by the International Islamic Fiqh Academy, and discussed the extent to which they could be developed or amended to keep pace with new developments. It's worth noting that the roundtable activity is a platform for dialogue, exchange of expertise, and evidence-based discussion of Islamic jurisprudence. It opens the door to collective ijtihad that keeps pace with changes and offers practical solutions consistent with Sharia principles, contributing to safeguarding financial rights and protecting stakeholders from harm. The roundtable will formulate a number of scholarly recommendations that will be published in a special scholarly publication issued by Al Muntada, as part of its series of activities focused on the jurisprudence of financial reality.

Egypt's Mufti Calls for Fatwa Code of Ethics
Egypt's Mufti Calls for Fatwa Code of Ethics

See - Sada Elbalad

time05-05-2025

  • Politics
  • See - Sada Elbalad

Egypt's Mufti Calls for Fatwa Code of Ethics

Mohamed Mandour During his participation in the 26th session of the International Islamic Fiqh Academy currently taking place in Doha, Dr. Nazir Mohammed Ayyad, Egypt's Grand Mufti and President of the General Secretariat for Fatwa Authorities Worldwide, emphasized the importance of regulating fatwa issuance by grounding it in sound Islamic scholarship and aligning it with contemporary realities. He stressed that fatwas should be issued exclusively by qualified scholars and underscored the need to distinguish between personal and public fatwas to safeguard the integrity of religious discourse. Dr. Ayyad called for enhanced coordination among fatwa institutions and proposed the development of a Fatwa Code of Ethics to curb unregulated and arbitrary rulings. He also announced that Egypt's Dar al-Ifta will host its 10th International Conference in Cairo under the theme: 'Shaping the Enlightened Mufti in the Age of Artificial Intelligence.' Reaffirming Dar al-Ifta's commitment to supporting African nations—particularly Burkina Faso—in confronting extremist ideologies, the Mufti expressed readiness to provide training and intellectual development for scholars in the region. He also reiterated Egypt's unwavering support for the Palestinian cause, describing Jerusalem as both a matter of faith and a cause of universal justice, and praised the resilience of the Palestinian people. He emphasized the vital role religious institutions play in championing just causes. On the sidelines of the conference, Dr. Ayyad held key meetings with several prominent figures, including Sheikh Dr. Saleh bin Humaid, President of the International Islamic Fiqh Academy and Advisor to the Saudi Royal Court; Dr. Abdulrahman Al-Zaid, Deputy Secretary-General of the Muslim World League and Secretary of its Islamic Fiqh Council; Sheikh Dr. Mohammad Hussein, Grand Mufti of Jerusalem and the Palestinian Territories; and Dr. Aboubacar Doukouré, Islamic Affairs Advisor to the President of Burkina Faso. Their discussions focused on strengthening collaboration in fatwa training, unifying religious discourse, combating extremist ideologies, and developing advanced tools for fatwa in response to modern intellectual challenges. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Egypt confirms denial of airspace access to US B-52 bombers Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. Reem Ganzoury Wins Miss Arab Africa Title (VIDEO) Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple

Al Qasimia University inks accord with Islamic Fiqh Academy
Al Qasimia University inks accord with Islamic Fiqh Academy

Gulf Today

time22-04-2025

  • Science
  • Gulf Today

Al Qasimia University inks accord with Islamic Fiqh Academy

Al Qasimia University in Sharjah has signed a Memorandum of Understanding (MoU) with the International Islamic Fiqh Academy, affiliated with the Organisation of Islamic Cooperation. This partnership aims to enhance cooperation in scientific research, Islamic studies, and humanitarian sciences. This agreement marks a continuation of Al Qasimia University's efforts to build an international network that supports its mission of advancing knowledge and science. It also demonstrates the university's unwavering commitment to increasing its presence in the global academic arena. The signing ceremony took place yesterday morning at Al Qasimia University's headquarters in Sharjah. It was attended by Professor Dr. Awad Al Khalaf, Director of Al Qasimia University, and Professor Dr. Qutb Mustafa Sano, Secretary-General of the International Islamic Fiqh Academy. The MoU aims to strengthen partnerships in key areas such as scientific research and studies. Both parties have agreed to work together on producing, developing, disseminating, and applying knowledge to enrich the lives of individuals and communities. Additionally, the collaboration will involve discussing contemporary issues related to Islamic and humanitarian sciences and providing Islamic legal perspectives on current life challenges. The memorandum also outlines plans for organising joint scientific events, including conferences, seminars, and discussion forums. The partnership will also facilitate the exchange of publications and educational resources on Islamic and humanitarian topics. Professor Dr. Al Khalaf highlighted that this agreement aligns with Al Qasimia University's vision of fostering intellectual communication and forging strategic partnerships with prominent academic institutions. The partnership will also strengthen the university's role in promoting a culture of moderation and balance, while addressing intellectual and legal matters in the Islamic world. Professor Dr. Sano expressed his pride in the MoU, which he believes will expand the academy's cooperation with Al Qasimia University. He praised the university's leading role in supporting scientific research and developing scholars who are well-equipped to tackle the challenges of today's world.

Al Qasimia University partners with Int'l Islamic Fiqh Academy
Al Qasimia University partners with Int'l Islamic Fiqh Academy

Sharjah 24

time22-04-2025

  • Science
  • Sharjah 24

Al Qasimia University partners with Int'l Islamic Fiqh Academy

A step towards global knowledge exchange This agreement marks a continuation of Al Qasimia University's efforts to build an international network that supports its mission of advancing knowledge and science. It also demonstrates the university's unwavering commitment to increasing its presence in the global academic arena. Signatories and ceremony details The signing ceremony took place yesterday morning at Al Qasimia University's headquarters in Sharjah. It was attended by Professor Dr. Awad Al Khalaf, Director of Al Qasimia University, and Professor Dr. Qutb Mustafa Sano, Secretary-General of the International Islamic Fiqh Academy. Key areas of collaboration The MoU aims to strengthen partnerships in key areas such as scientific research and studies. Both parties have agreed to work together on producing, developing, disseminating, and applying knowledge to enrich the lives of individuals and communities. Additionally, the collaboration will involve discussing contemporary issues related to Islamic and humanitarian sciences and providing Islamic legal perspectives on current life challenges. Joint scientific events and knowledge exchange The memorandum also outlines plans for organising joint scientific events, including conferences, seminars, and discussion forums. The partnership will also facilitate the exchange of publications and educational resources on Islamic and humanitarian topics. Both institutions will also enhance participation in conferences and forums organised by each party, further fostering intellectual integration and advancing shared goals in addressing issues facing the Islamic world. A shared vision for intellectual development Professor Dr. Awad Al Khalaf highlighted that this agreement aligns with Al Qasimia University's vision of fostering intellectual communication and forging strategic partnerships with prominent academic institutions. The partnership will also strengthen the university's role in promoting a culture of moderation and balance, while addressing intellectual and legal matters in the Islamic world. Strengthening Research and Addressing Modern Challenges Professor Dr. Qutb Mustafa Sano expressed his pride in the MoU, which he believes will expand the academy's cooperation with Al Qasimia University. He praised the university's leading role in supporting scientific research and developing scholars who are well-equipped to tackle the challenges of today's world.

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