IsDBI News Digest
News Highlights
Dr. Al-Suwailem Calls for Strategy for Economic Resilience
A new strategy based on the concept of resilience is needed to deal with the increasing uncertainty in the world economy, says Dr. Sami Al-Suwailem, Acting Director General of the Islamic Development Bank Institute (IsDBI). Read More
Workshop on Sukuk Enhancement Fund (SEF)
The Ministry of Finance of the Republic of Indonesia hosted a technical workshop on Sukuk Enhancement Fund (SEF) in collaboration with IsDB Institute (IsDBI) and IsDB Regional Hub Indonesia (RHI) on 18 November 2022 in Jakarta, Indonesia. Read More
COP27: IsDBI Calls for Urgent Climate Action
The Islamic Development Bank Institute (IsDBI), as part of the official IsDB Group Delegation to the 2022 United Nations Climate Change Conference (COP 27), joins the world in calling for urgent action to combat the adversities the world is facing from Climate Change. Read More
IsDBI Showcases Solutions at COP27
The Islamic Development Bank Institute (IsDBI) showcased its knowledge products and solutions at the 2022 United Nations Climate Change Conference (COP27), held in Sharm El Sheikh, Egypt, from 6-18 November 2022. Read More
Supporting Member Countries to Leverage Climate Data
IsDBI and the Global Partnership for Sustainable Development Data held a series of bilateral meetings with representatives of IsDB member countries on the sidelines of the 2022 United Nations Climate Change Conference (COP27). Read More
Nominations Closing Soon: IsDB Prize for Impactful Achievement in Islamic Economics
Nominations will close in December 2022 for the 2023 Islamic Development Bank (IsDB) Prize for Impactful Achievement in Islamic Economics. For more information about the call for nominations, visit the IsDB Prize Portal or contact us via email: isdbprize@isdb.org
Research scholar. Joined Superior University at CIEF as Professor & Director, Curriculum & Training.
2ySECTIONS of society talk about Riba "Riba is HARAM";It is Adulatory with Mother;WAR with Allah(swt) & Hazoor(pbuh).BUT AFTER 40 YEARS We see that."ECONOMIES OF MUSLIM WORLD ARE IN VIOLATION OF QURAN,ETHICS AND ALL THAT WE ARE REQUIRED/BOUND TO LEAVE. PAKISTAN IS ONE COUNTRY WHERE PEOPLE REACHED FEDERAL SHARIAT COURT 3 TIMES.AND GOT JUDGEMENT. THE FIRST WAS IN EARLY 90's.THE THEN HEAD OF STATE WE KNEW AS A MUSLIM.HAD THE COURAGE TO APPEAL AGAINST THAT. RESULTING IN CONTINUITY OF RIBA AS PART OF ECONOMY. **THEN CAME THE SECOND JUDGEMENT WHICH WAS "SAME TO SIMILAR" TO THE FIRST. BY !998. THE COUNTRY WASS CONQUERED BY GEN. MUSHARRAF AND THE JUDGEMENT WAS BOOTED AND SENT BACK TO FEDERAL SHARIAT COURT. FOR 25 YEARS THIS CASE WAS IN COURT AND JUDGES HEARD EVERY ONE WHO SPOKE VERBALLY OR WITH PEN. FINAL JUDGEMENT CAME ON 28-4-2022 AGAIN "SAME TO SIMILAR" TO EARLIER TWO.BUT INACTION AS RESPONSE. REST OF THE GOVTS IN MUSLIM WORLD OR PEOPLE THERE HAVE NOT TAKEN ANY ACTION. WHAT DO ULEMA;SCHOLARS,INSTITUTIONS :GOVTS MEAN::: PRESENT SYSTEM IS SUPPORTED BY SHARIA. TEXT OF BOOK NEEDS REVISIT.