CIBAFI launches online technical workshop themed Maqasid al Shariah in Islamic Finance

CIBAFI launches online technical workshop themed Maqasid al Shariah in Islamic Finance

The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions has successfully launched, its online technical workshop. The workshop which will be held from today until tomorrow is themed, “Maqasid al Shariah in Islamic Finance”. This workshop is in Arabic language. The workshop was attended by over than 70 participants from more than 20 countries, representing Islamic banks and financial institutions, Regulatory and Supervisory Authorities (RSA), Academia as well as other international institutions. Given the importance of Maqasid al Shariah in the context of Islamic finance, this workshop aims to look at Maqasid al Shariah, its objectives and classification before getting into the concept of Maslahah (Public interest) as an important mechanism of Shariah. It will also cover Maqasid al Shariah's