A research and practical seminar titled “Islamic finance, risk distribution and macroeconomic stability” has finished

KAZGUU University held a research and practical seminar titled “Islamic Finance, Risk Distribution and Macroeconomic Stability: Problems and Challenges” on 29-30 November. Reports were made by speakers from India, Indonesia, Iran, Kazakhstan, Kyrgyzstan, Malaysia, the United Arab Emirates, Pakistan, Saudi Arabia, and Singapore.

The seminar was launched with a welcoming speeches by Talgat Narikbaye, the rector of KAZGUU; Yernur Rysmaganbetov, the head of the IFAC Bureau; and Turhan Ali Abdul Manap, the senior research economist of the Department for Islamic Economics and Finance of the Islamic Research and Training Institute (IRTI).

The seminar consisted of five different sessions on the nature of the Islamic economy and macroeconomic stability, corporate finance and profit distribution, financial leveraging and risk sharing in Islamic banking, the role of Islamic finance in socio-economic development, and current topical problems of Islamic finance.

As a result of the seminar, cooperation between research institutes and universities has been established, and directions have been identified for the development of research in Islamic finance.

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