Professional Documents
Culture Documents
Workshop
Understanding Islamic Mortgages in the British Context: A Wasted Opportunity
The Guardian says, “[Islamic finance] has become one of the fastest-growing sectors of the global banking
industry, expanding by between 15% and 20% a year. Assets held by institutions adhering to Islamic finance
principles now amount to nearly 1 trillion dollars.”
Professor of Economics Stefan Szymanski from London’s Cass Business School comments, “You just have
to measure how many billions of dollars Islamic finance already handles in a year. If that grows over the years,
it will become a universal part of every business school.”
Professor Rodney Wilson from Durham University adds, “Shariah compliant products [including
mortgage] have been developed … to serve most of [Muslims’] financial needs and these products are at least
as efficient as their conventional counterparts.”
T his workshop offers an introduction to the potential opportunities in the highly relevant and fast-
evolving sector of Islamic Banking and Finance, with a focus on Islamic mortgages. The workshop
aims to trace succinctly the history of Islamic mortgages in Britain. Our notable
speakers will discuss the potential advantages of Islamic banking and finance in
general and those of Islamic mortgage finance in particular from the perspective
of British Law. In addition, we will give an independent overview of the various
products and services currently available in Islamic finance law.
22 June 2011
1:00 — 4:00 PM
Al-Maktoum College of Higher Education
124 Blackness Road Dundee DD1 5PE
www.almi.abdn.ac.uk
Islamic Banking & Finance
Workshop
Understanding Islamic Mortgages in the British Context: A Wasted Opportunity
Workshop Speakers:
Professor Malory Nye, Principal of Al-Maktoum College, Dundee, Scotland
Dr Alhagi Manta Drammen, Lecturer in Study of Islam and Muslims, Al-Maktoum College
Dr Luqman Zakariyah, Teaching Fellow in Study of Islam and Muslims, Al-Maktoum College
Ms Tahreem Khan, PhD Candidate, Al-Maktoum College
Mr Saftar Sarwar, Managing Partner of Kingdom Capital Partners LLP
Workshop Fees