The Arab Chamber of Commerce & Industry, as part of an ongoing effort for Hong Kong to become an Islamic Financial Centre, joined the United Muslim Association of Hong Kong (UMAH) and the Institute of Professional Education and Knowledge (PEAK) under patronage by the Hang Seng Bank, at jointly hosting a Seminar on Islamic Principals, Shariah (Islamic Law) and Islamic Banking & Finance.
The Seminar chair panel featured Dr. Yassin Charles Chan, fellow of the Institute of Islamic Banking & Insurance and guest speakers Imam Muhammed Noorudin Yang, of the Chinese Muslim Cultural & Fraternal Association along with Lord Edwin E. Hitti, Economics & Policy Advisor, President of the Arab Chamber of Commerce & Industry, in Hong Kong.
The Seminar offered an overview of the emerging economic powers in the global financial market from historical, social, religious, legal and business practice perspectives to help understand what Islamic Finance is all about.
A clearly illustrated career development path for both Muslim and non-Muslim financial practitioners was also presented at the seminar, covering:
• Islamic Finance as an emerging economic power.
• Islamic business law and ethics.
• Islamic financial institutions versus conventional financial institutions.
• Hong Kong developing into an Islamic Financial Center.
• Business and career development opportunities.
The attendees included distinguished personalities among them the honorable Mr. Mohamed Alli Din, MH GCA EM, UMAH Chairman, Mr. Yeung Yee Woo, Ibrahim of the Dharwood Pau Memorial School, as well as members of the Hong Kong Mortgage Association, the Hang Seng School of Commerce, the Oxford Coaching Institute, and the Hong Kong Sea Transport and Logistics Association;
