At International Center for Research in Islamic Economics, ICRIE, it is firmly believed that the Islamic banking sector progression is a panacea to accelerate sustainable economic development lead to the prosperity of any country. The Muslim world needs to form its Economic identity on the basis of robust and stable Islamic foundations, which is not possible without standardizing and harmonizing laws, economic system, and the products in a viable and innovative way. However, it is essential to work on original and novel Islamic Banking products, frameworks, mechanisms, systems and procedures, in order to get the real time and practical Islamic economic and finance system recognized as an all-inclusion solution to economic tribulations in the world.
Dr. Hussain Mohi ud Din Qadri
(Patron, ICRIE)