Friday, October 02, 2009

1st October 2009, Thursday – On 27th September 2009, Sunday, I attended a public seminar on Islamic finance that was held by Bank Islam Brunei Darussalam (BIBD), at Indera Kayangan ballroom of The Empire Hotel and Country Club, Jerudong.

The seminar was held from 8.30am until 4.30pm.

The Seminar banner

The first topic is “The Islamic Vision of Development in the Light of Maqasid al-Shari’ah” and it is presented by Dr M. Umer Chapra.

Dr. M. Umer Chapra…

Dr. M. Umer Chapra is presently serving as Research Advisor at the Islamic Reserch and Training Institute (IRTI) of the Islamic Development Bank (IDB). For more info about him, please visit his website:

The second topic is “Issues in Islamic Banking and Finance – The Way Forward” and it is presented by Professor Khurshid Ahmad

Professor Khurshid Ahmad…

Professor Khursid Ahmad is the Chairman of Institute of Policy Studies, Pakistan, and the Chairman of Markfield Institute of Higher Education, UK.

Professor Khurshid Ahmad is answering some questions from the participants in the Q & A session.

Dr. M. Umer Chapra is presenting his second topic after lunch break i.e the 3rd topic of the seminar.

Dr. Umer Chapra…

The 3rd topic of the seminar entitled: “The Global Financial Crisis: Can Islamic Finance Help?”

Some introduction on the 3rd topic.

Extra: Food and Treat


Some more breakfast

Lunch: Appetizers

Lunch: Main course

(Photos: Abdul Rashid Haji Tahir. Taken on 27th September 2009, Sunday, from a perspective of me as a seminar participant)

p/s: Economics is one of my favourite subjects while I was in upper secondary and at the sixth form center. Despite of that I am not "jump" into a field that directly related to my favourite subject. Moreover, I have my own weekness with regards to this subject i.e in dealing numbers and graphs.

However, I do refresh and increase my knowledge in Economic by reading newspapers, magazines, journals, articles in the internet, and by attending some “free” seminars, talks and workshops.

Though Economic is not directly related to my present career, it is important for me to update my knowledge in Economic to understand what is happening around us especially that involved money matters and the production of goods and services as well as the issues arise from them.

Some of the words/ phrases in Economics that I have learnt since a few decades ago: supply and demand, scarce resources, choice, opportunity cost, production of goods and services, price, cost of production, distributions of goods and service, the functions of government, central bank, monetary policy, fiscal policy, banking system, ….and the latest one is “Islamic Finance”.

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