Under the patronage of Sheikh Sultan Bin Mohammed Al-Qasimi, Crown Prince and Deputy Ruler of Sharjah, the Sharjah Economic Development Department-organized forum on “Islamic Economy and future aspirations” is launched on Wednesday (today) at Radisson SAS Hotel in Sharjah as part of the SEDD's efforts to spread awareness of Arab and Islamic economies and their great growth potentials. Ali Bin Salem Al-Mahmoud, Sharjah Economic Development Department general manager, said: “The SEDD is organizing this event which is sponsored by Sharjah Islamic Bank with the aim to raise awareness of Islamic economy culture among investors and audience, alike, in a bid to boost Shariah-compliant investments. The growth of this type of investment will significantly contribute to the UAE sustainable growth as it will open new vistas for development. The Islamic economy is flexible and in compliance with our beliefs.” He said the forum will discuss different aspects of Islamic economy such as Islamic finance, Islamic business practices and positive sides of Islamic economy which has become one of the most powerful and effective economic systems all over the world. The list of topics to be discussed at the forum's session includes definitions and aspects of Islamic economy, Islamic Economy: aspirations and challenges, sustainability of Islamic economy, the role Islamic economy plays in economic growth, international financial institutions trend to use Islamic solutions, obstacles confront codification of Islamic economy, definition and solutions. __
