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Workshop on the Islamic Gift Economy Macro-Model

[Event has ended]

Sat, 8 January 2011 | English

MUIS Academy

Suffah Study Circle, Singapore Institute of Management (SIM), SIM Malay Cultural & Muslim Society

Dr Adi Setia, Dr Syamsudin, Syed Hoque, Dr Magda Ismail

http://www.tinyurl.com/IGEMworkshop

economy, markets, banking, islamic, islamic banking and finance

Fees: $50 for adults, $30 for students

"Credit buying is much like being drunk. The buzz happens immediately, and it gives you a lift. The hangover comes the day after."

- Dr Joyce Brothers, psychologist and advice columnist.

The 2007 Financial Crisis that struck the world was seen as the worse economical calamity since the Great Depression. Various causes were identified, including unethical enactments in the financial system and individual greed.

Unlike the modern financial system, the Islamic system highlights the moral, ethical and social dimensions, advocating fairness and equity amongst local communities and the society at large.

Islamic finance can particularly make a difference to the poor, who are often viewed by conventional banks as high-risk borrowers with their inability to provide collateral. Islamic finance might be the key to remove such unjust barriers that disqualifies the poor from attaining loans.

However, finance is only a portion of a fully functional, holistic Islamic economy, known as the Islamic Gift Economy (IGE) or al-Iqtisad al-Infaqi. IGE is understood as "the provisioning and sharing, by mutual giving and receiving, of natural and cultural abundance for realizing material and spiritual well-being in the community."

The principal aim of the IGE Workshop is to raise the community's awareness about true Islamic Economy (Mu'amalah), specifically amongst the tertiary students of SIM and UNISIM and other tertiary institutes.

The IGE is a two-day interactive workshop, where the audience will be engaging in Q&A sessions and discussing case studies after the insightful discourses from our guest speakers.

Details

Workshop runs from 8 - 9 January 2011 at the MUIS Academy.

Registration fees are at $50 for adults, $30 for students, inclusive of breakfast and lunch! Limited seats are available so reserve one for yourself now!

Call Bro Samir @ 94590094 for ticketing information.