SAUDI ARABIA: Itqan joins key forum on Islamic economy

Itqan Capital will take part in the Al-Baraka 34th Congress of Islamic Economy which will cover fiqh (Islamic jurisprudence) and Islamic doctrinal research submitted by scholars specializing in Islamic banking and finance.

It takes place with the support of Sheikh Saleh Abdullah Kamel, chairman of Al-Baraka Banking Group.

The symposium will also discuss other topics including the calculation of zakat for equity and debt financing.

Adil S. Dahlawi, managing director and CEO of Itqan Capital, stressed on the importance of participation in the Congress.

He said: “The symposium is a tremendous opportunity for people from all parts of the Islamic world to gather and focus on important topics in a number of emerging financial and economic subjects from an Islamic perspective. We are looking forward to the event, which we believe will contribute in presenting solutions to issues facing the practical application of Islamic banking.”

Among the symposium’s attendees will be prominent scholars and economists in addition to around 1,000 from various Islamic countries, attending to the various topics of discussion during the symposium which will include Zakat, sukuk, Fiqh (Islamic jurisprudence), debt and participation contracts, and dealing in gold and silver.

Itqan Capital is a Saudi Arabia based investment company licensed by the Capital Market Authority and is headquartered in Jeddah.

Itqan Capital aspires to be the Kingdom’s preeminent provider of investment offerings to pension funds, foundations, charity organizations, endowments, private and public companies, high net worth individuals, and family offices.

Its four main lines of business are asset management, principal investment, investment banking, and custodial services.

**This article was published by Arab News. Read the original article here.

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