Uncovering the Gatekeepers of Islamic Finance

<p>In this webinar, co-organised by MEI-NUS and the Centre for Islamic Economics and Finance, Hamad Bin Khalifa University (CIEF-HBKU), two industry experts will explore the sociological dimensions of Islamic finance and its institutions. The session seeks to introduce the audience to:</p> <ol><li>The role(s) of Sharia supervisory boards (SSBs) in approving – or disapproving – financial products at Islamic financial institutions;</li> <li>The religious, legal and business frameworks under which the SSBs operate;</li> <li>The extent of legal and religious authority that SSBs have in making a resolution.</li> </ol><p>In that regard, some questions that will outline the discussion include:</p> <ul><li>How do SSBs at financial institutions wield authority and influence in approving (or disapproving) financial products?</li> <li>What are the main similarities and differences between SSBs in Southeast Asia and the Middle East?</li> <li>Is it true that SSBs in the Middle East are more stringent than those in Southeast Asia, as some Islamic finance insiders claim?</li> <li>What are the socio-religious factors that could influence the fatwas (Islamic legal opinion) issued by an SSB on a particular financial product?</li> </ul> <p>This public talk was conducted online via Zoom on Wednesday, 15 September 2021, from 4pm to 5.30pm (Singapore Time) / 11am–12:30pm (Doha, Qatar time).</p> <p>For more information about this event, click here: https://mei.nus.edu.sg/event/uncovering-the-gatekeepers-of-islamic-finance/</p>