Kuala Lumpur, MALAYSIA
20 – 21 October 2020


The International Shari’ah Research Academy for Islamic Finance (ISRA), along with the Islamic Research Training Institute (IRTI) and Bank Rakyat as strategic partner, is proud to bring you the 14th International Shari’ah Scholars Forum 2019 (ISSF2019) on 31st October – 1st November 2019 at the Pullman KLCC Hotel and Residences, Malaysia.


The theme of this year’s ISSF aims to provide relevant knowledge and a better understanding of social banking and financial services from both the maqasid and operational perspectives. Therefore, ISSF2019 provides a high-level platform to discuss features, models and fundamental differences between Islamic social banks and other social banks. As always, this will be done in the spirit of appreciating diversity across key Islamic finance jurisdictions in the operations and regulations applicable to Islamic social banking and financial institutions. The platform will provide the audience with some successful Islamic social finance models and appraise the adherence of Islamic social finance universe to its essential features namely value-based, fair profit, common good, social mission, triple bottom line (i.e. people, planet and profit), real economy, stakeholder approach, ownership structure, relationship banking, promotion of giving back to society and transparency. Dimensions of maqasid as-Shariah enshrined in social banking and financial services will also be discussed. The understanding of Sustainable Development Goals (SDG) and Environmental, Social and Governance (ESG) criteria will be further enhanced through the high level of Shari‘ah and practitioners’ discussions.


After the presentations and rigorous discussions, resolutions will be issued for a better understanding of Islamic social banking and finance services in terms of their compliance with Shari‘ah rules and principles, and modern development goals.


ISSF2019 aims to provide a platform for Shari’ah experts, regulators, industry practitioners and all involved in Islamic finance across the globe to share their knowledge, experience and expertise to strengthen and further develop Islamic banking and finance internationally.


31st Oct : Day - 01
8:00am - 9:00am


9:00am - 9:05am

Qur’an Recitation

9:05am - 9:10am

Opening - Welcoming Remarks

  • Sheikh Prof. Dr. Mohamad Akram Laldin  

9:15am - 9:35am

Keynote Address 1

  • His Royal Execellence Ibrahim Khalifah Al Khalifah  

9:35am - 10:10am

Officiating Address

  • YB Dato Haji Amiruddin bin Haji Hamzah  

10:10am - 10:15am

Collaboration Agreement Signing Ceremony Between ISRA Consultancy and FWD Takaful

10:15am - 10:35am

Refreshments & Networking

10:35am - 10:55am

Keynote Address 2 - Towards a Sustainable Finance Vision (English)

  • Datuk Noripah Kamso  

10:55am - 12:20pm

Session 1 : Concept and Components of Social Banking and Social Financing

  • Sheikh Prof. Dr. Ali Muhyiddin Ali Al Qaradaghi   Sheikh Dr. Abdul Sattar Abu Ghuddah   Assoc. Prof Dr. Mohamed Fairooz Bin Abdul Khir   Sheikh Prof. Dr. Abdul Aziz Al Qassar   Dr. Ismail Khalid Halitoglu  

12:20pm - 2:00pm

Lunch & Dhuhr Prayer

2:00pm - 3:10pm

Session 2: Regulatory and Supervisory Framework For Islamic Social Bank (English)

  • Dr. Bello Lawal Danbatta   Dr. Abdelilah Belatik   Assoc. Prof. Dr. Zulkifli Bin Hasan   Dr. Ziyaad Mahomed  

3:10pm - 4:45pm

Session 3: Successful Models of The Existing Islamic Social Banks and Social Finance (English)

  • Dato Abu Ubaidah Kemin   Prof. Dr. Engku Rabiah Adawiyah   Mr. Jamil Abbas   Mr. Mohd Nazri Chik   Mr. Khaled Khalifa  

1st Nov : Day - 02
9:00am - 10:10am

Session 4: Islamic Social Banks and Islamic Social Finance Fintech

  • Prof. Dr. Younes Soualhi   Dr. Moutaz Abojaib   Dr. Ahmad Asad Mahmood Ibrahim   Dr. Mohanad Al Dakash  

10:10am - 10:30am

Refreshments & Networking

10:30am - 11:40am

Session 5: Appraisal of Islamic Social Banking and Financing Products and Instruments: Prospects And Challenges

  • Sheikh Associate Professor Dr. Raed Nazri Abu Mounes   Mr. Yousuf Sultan   Sheikh Dr. Abdul Bari Mashal   Dr. Ezam Al Enzi   Sheikh Seyyed Abbas Mousavian  

11:40am - 2:30pm

Lunch & Jum‘ah Prayer

2:30pm - 4:30pm

Session 6: Open Dialogue: Shariah Parameters For Islamic Social Banking Services and Operations

  • Sheikh Datuk Dr Mohd Daud Bakar   Sheikh Dr. Nizam Mohammed Saleh Yaquby   Sheikh Dr. Abdul Sattar Abu Ghuddah   Sheikh Prof. Dr. Muhamad Abdul Razaq Al Tabtaba’i   Sheikh Prof. Dr. Ali Muhyiddin Ali Al Qaradaghi  

4:30pm - 4:45pm

Conference Resolution and Recommendations

4:45pm - 5:00pm

Closing Remarks

Hot Topic

Islamic Social Banks: Prospects and Challenges

Keynote Speakers

YB Dato Haji Amiruddin bin Haji Hamzah
Deputy Finance Minister of Malaysia

Multilingual Session

Most sessions will be conducted in Arabic with simultaneous English translation