An expert on the Islamic economy says the issue of Islamic financing has deviated from the main course.
“I think the problem with Islamic financing is not its growth. The problem with Islamic financing is that it has deviated from the main discourse that human-centered development tools are used to add value to people in the Islamic world and the rest of the world. This is rightly the main reason for the talk of restructuring Islamic banking,” Alija Avdukic told IQNA in an exclusive interview.
The Islamic financing system has received increased attention in recent years, especially after its performance during the Covid-19 era. It seems that this system will gain more attractions in the coming years by various companies across the globe.
Alija Avdukic is an Islamic Finance scholar and Deputy Director of MSc Islamic Finance pathway at University of Dundee. He has a BA from Al-Azhar University (Egypt) and a BA from Damascus University (Syria); he continued for Postgraduate Diploma in Islamic Studies from Al-Fatih Institute (Syria); MA in Islamic Economics, Finance and Management Gloucestershire University (UK); and PhD. in Islamic Political Economy and Finance, Durham University (UK).
He teaches and supervises research on Islamic Political Economy; Islamic Moral Economy; Islamic Banking, Finance and Management; Political Economy of Development in the Muslim world and Islamic studies related subjects.— IQNA
