By RINA,
New Delhi: Resolutions passed at two-day national workshop on Islamic finance and banking held at Jamia Hamdard’s Convention Center on April 25-26 emphasized, “This is the duty of Ulema and Muftis to get acquainted with the problems and issues of their age and apply Islamic Shari’ah to them.”
A resolution passed in the workshop suggests: ‘It is need of the hour that there must be general introductory course on economic and financing at pre-Fazil level in Madrasas. A book comprising basic definitions, terminologies and concepts as well as introduction to various financial institutions ant their services and their status in the light of Fiqh shall suffice at this stage.’
‘In secondary stage, a one or two year’s course focusing on economic and Fiqhul Mu’amilat can be introduced after Fazilat. This course should concentrate on practical applications of economic ideology of Islam and at least two months’ practical training should be a part of the program. These students may also be taught advanced English courses.’
It is appealed to key religious institutions to introduce ‘Ikhtisas fil-Iqtisad al-Islami’ (specialization in Islamic economic) in their educational programs. It also appeals to religious research institutions, especially to Islamic Fiqh Academy India (IFAI) and Institute of Objective Studies (IOS), to prepare textbooks for both these stages with the help of Ulema, Faqeehs and economics experts.
Another resolution proposes organizing extension lectures and training camps in Madrasas in order to apprise the students of Islamic economic. Madrasas themselves may arrange such lectures but IFAI should make special efforts for it. IFAI, IOS and Islamic Research and Training Institute (Jeddah) have been appealed to prepare an organized program for providing experts and training of required teachers.
Five-member committee formed to supervise practical implementation of these resolutions includes Dr. Mohammad Manzoor Alam, Dr. Ausaf Ahmad, Maulana Khalid Saifullah Rahmani, Maulana Ateeq Ahmad Bastawi and Amin Usmani.
The workshop also appealed to the authorities of institutions run by Muslims in both Muslim and non-Muslim countries to work for introducing Islamic finance and banking in their circle besides establishing Islamic banks and other Islamic financial institutions.