Make MENAFN My Home Page
 
  Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Taqi Usmani Rodney Wilson share IDB prize  Join our daily free Newsletter

MENAFN - Arab News - 09/05/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Arab News) The islamic development bank has announced shaikh muhammad taqi usmani from pakistan and professor rodney wilson from the united kingdom as the joint winners of the 2014 international development bank (idb) prize in islamic banking and finance.

the award comes in recognition of the professional and academic role they have played in advancing islamic finance and banking regionally and globally.

the prize will be awarded to the winners during the upcoming 39th annual meeting of the idb's board of governors slated for june 22 to 26 in jeddah.

ahmad mohamed ali president of the idb congratulated the laureates on their accomplishments and commended them for their valuable contribution to the development of the islamic financial services industry.

the idb prize selection committee comprising eminent scholars and experts from outside and inside the bank unanimously decided to award the prize to usmani and wilson during a meeting held at the idb headquarters on april 10 in jeddah.

the selection committee conferred the prize on usmani 'in recognition of the significant work he has undertaken for the implementation of islamic finance."

usmani had also taken part in an important ruling on usury during his career as a judge in the shari'ah appellate tribunal of pakistan in addition to manifesting a global leadership role as an islamic jurisprudence scholar advising and supervising islaic financial institutions in the islamic world europe and the united states.



usmani was also chairman of the shari'ah standard council at the accounting and auditing organization for islamic financial institutions (aaoifi).

the statement took note of 'the impact of usmani's writings in encouraging many to understand how to implement usury-free lives and his instrumental role in introducing islamic finance within the curriculum of traditional religious institutions."

the selection committee recognized the role wilson has played in the promotion of islamic finance and in introducing modern management teaching techniques to islamic finance which have provided a neutral and objective perspective.

'his sustained and continuous teaching research supervision and consultancy works on islamic finance including with the ifsb (islamic financial services board) is to be lauded" they said.

'his immense role in mainstreaming islamic finance and ensuring that islamic economics banking and finance courses and programs are taught at western universities has resulted in offering such programs and courses at several universities in the uk and other parts of europe."

the prize was first launched by the idb in 1988 to honor efforts and reward outstanding achievements in the islamic banking and finance fields.

a total of 33 outstanding researchers and professionals have won the prize over the past 24 years.


 
 


Arab News




Loading, Please wait....


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help