"Responsibility in Islamic Finance"
February 13 Monday
Date/time
February 13, 2012, 18:30
Loc.
Khalidiya Palace Hotel, Abu Dhabi
With
Simon Gray
Type
Lecture
As part of it's CSR network series the Regional-Program Gulf-States invites to a lecture on "Responsibility in Islamic Finance" by Islamic Finance Expert Simon Gray, Dubai Financial Service Authority (DFSA).
Also available in Deutsch
Mr. Gray will give an insight into the Islamic Finance and Banking sector and will discuss it's prinicples of social responsibility.
Interest in Islamic financial products have increased considerably since the beginning of the financial crisis. Some like Michael Saleh Gassner, who certifies Islamic financial products on behalf of the German Central Muslim Council, are of the opinion that Islamic Finance could have avoided the ongoing crisis. Gassner repeatedly stated in the past:"If the world of finance had only abidden by Islamic rules, the U.S. real estate crisis would have not happened in it's present form." He argues that Islamic investment rules are clear and transparent: The utmost principles are justice, fairness and the upholding of individual freedom and social responsibility. The CSR evening aims to discuss this controversial thesis and other aspects of Islamic Finance and its responsibilies towards society.
Simon Gray, Islamic Finance Expert at the Dubai Financial Service Authority
Contact person
Thomas Birringer
Head of the Regional Programme Gulf-States