Waqf (pl Awqaf) or Islamic Charitable Endowments will feature in a special session on Socio-Economic Development & Empowerment at the International Business conference being jointly hosted by the Minara Chamber of Commerce (South Africa) and the Riphah International University (RIU) (Pakistan) in Durban during 23-25 November 2012.
The Minara International Conference on Islamic Business will run under the theme: Islamic Business Practice: Towards Socio-Economic Transformation.
While the Conference will highlight how businesses working within a shariah compliant framework can thrive and work together to address socio-economic challenges in South Africa and internationally, the Awqaf session will focus on its theory and practice both locally and internationally. Speakers on the panel will include Dr Abdul Kader Chachi from the Islamic Development Bank (IDB), Zeinoul Abedien Cajee CA (SA) from the National Awqaf Foundation of South Africa (Awqaf SA), and Yousuf Baker of the Iqra Trust.
By integrating Islamic business principles and practices, and Awqaf into their management and operations, businesses can position themselves for growth and success whilst impacting meaningfully and positively on alleviating poverty, striving towards socio-economic justice and prosperity for all.
“Thus the conference, whilst addressing the critical issues of interest to the Muslim business community in general, will also take into account the special interests of Muslim professionals, youth and women. It will attempt to combine global aspects with local circumstances and realities in its deliberations. Parallel sessions will be held on 24th November 2012 focusing on challenges facing Women and Youth” says the Conference brochure.
The conference aims to have positive outcomes by educating and informing participants who, hopefully, will be empowered to transform their business practices. It aspires to attract participation not only from Southern Africa but also from all over the world.
Several local and international speakers including Prof Anis Ahmad (Rector of RIU), Minister Ebrahim Patel ( Economic Development), Ml Ebrahim Bham (Jamiatul Ulama) and others will address the conference in 10 sessions over the two day conference. For more details on the programme:
http://icib.co.za/index.php?option=com_content&view=article&id=8&Itemid=10
For more information and registration: www.icib.co.za / kzn@minara.org.za