Nadwa

Al-Baraka Islamic Economics Symposium - Nadwa, is a Shari’a, Banking and Economics forum which represents a corner stone of developing the Islamic Economics for the banking sector, from both technical and Figh perspectives.

Al-Baraka Islamic Economics Symposium - Nadwa is an all-important Annual feature, where renowned and famous Shari’a scholars, bankers and experts discuss some modern banking transactions and issue Shari’a based opinions (Fatwas) and recommendations for the enhancement of the Islamic banking sector and solving its problems.
Forty symposiums had been held up-to-date since its inception in Medinah in 1981 in different cities. The Nadwa has been held in various cities in the KSA, which include Al-Madinah Al-Munawarah, Makkah Al-Mukarramah and Jeddah, in addition to Damascus, Cairo, Kuala Lumpur, Beirut, Istanbul, Tunis, Algeria and Jordan.
The resolutions and recommendations issued by Al Baraka Symposium for Islamic Economics continue to represent a reference and database which feeds researches and Fatwas of Shari’a boards of banks, financial institutions, Figh academies and various organizations and agencies around the globe.
The objectives of Al Baraka symposium for Islamic economy are as follow:

Knowledge of Figh opinion with regard to recent and modern economic and financial transactions

Presentation of problems faced by Islamic banks while applying different modes of Islamic finance and exchange views with scholars to solve them.

Linking Figh to our modern economic issues and supporting the Islamic Economic theory to enable it confront other theories.

Enrichment of banking Figh and the Islamic Economic library with profound discussions and new Fatwas issued by renowned Muslim scholars.

Fulfillment of the need of those concerned with Islamic banking Figh all over the world.

Fulfillment of the requirements of ABG units and the Islamic Financial institutions in the field of Islamic banking theory and its applications.

Linking the financial transactions of Figh with the principles of economics

Provision of scientific reference for research, Shariah committees, and Shariah Fatwas within the framework of Islamic banking.

Development of Islamic financial instruments which conform to technical & Shariah standards.

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