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06 February, 2025   |   7 Sha‘bān, 1446

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06 February, 2025, 7 Sha‘bān, 1446

The Central Bank of the Republic of Uzbekistan has become a member of the Islamic Financial Services Board (IFSB)

24.12.2024   82724   1 min.
The Central Bank of the Republic of Uzbekistan has become a member of the Islamic Financial Services Board (IFSB)

The Council's activities are aimed at developing international standards for the regulation and supervision of Islamic financial institutions, to implement effective corporate governance and risk management mechanisms, as well as to conduct research and capacity building of the staff in this field, and to assist member organisations in these matters.

Membership in this organization will enable the Central Bank to explore the experience of other countries and implement best international practices 
in the regulation and supervision of Islamic financial institutions. 

For reference: The Council was established in 2002 and is headquartered in Kuala Lumpur (Malaysia). Currently, the Council has 188 members, including 81 regulators and supervisors, 10 international intergovernmental organisations, 97 market participants. Also, the financial regulators of Kazakhstan, Kyrgyzstan and Tajikistan are members of the Council.
 

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Hadith 1 of the book of revelation by Sahih al-Bukhari

26.11.2024   20548   1 min.
Hadith 1 of the book of revelation by Sahih al-Bukhari

(1) How the Divine Revelation started to be revealed to Allah's Messenger

حَدَّثَنَا الْحُمَيْدِيُّ عَبْدُ اللَّهِ بْنُ الزُّبَيْرِ‏‏‏‏‏‏ٍ‏‏ قَالَ:‏‏‏‏ حَدَّثَنَا سُفْيَانُ‏‏‏‏‏‏ٍ‏‏‏‏  قَالَ:‏‏‏‏ حَدَّثَنَا يَحْيَى بْنُ سَعِيدٍ الْأَنْصَارِيُّ‏‏‏‏‏‏ٍ‏‏‏‏ قَالَ:‏‏‏‏ أَخْبَرَنِي مُحَمَّدُ بْنُ إِبْرَاهِيمَ التَّيْمِيُّ‏‏‏‏‏‏ٍ‏‏‏‏ أَنَّهُ سَمِعَ عَلْقَمَةَ بْنَ وَقَّاصٍ اللَّيْثِيَّ‏‏‏‏‏‏ٍ‏‏‏‏ يَقُولُ:‏‏‏‏ سَمِعْتُ عُمَرَ بْنَ الْخَطَّابِ‏‏‏‏‏‏ٍ‏‏‏‏رَضِيَ اللَّهُ عَنْهُ عَلَى الْمِنْبَرِ ‏‏‏‏‏‏قَالَ:‏‏‏‏ سَمِعْتُ رَسُولَ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ يَقُولُ:‏‏‏‏ "إِنَّمَا الْأَعْمَالُ بِالنِّيَّاتِ ‏‏‏‏‏‏وَإِنَّمَا لِكُلِّ امْرِئٍ مَا نَوَى فَمَنْ كَانَتْ هِجْرَتُهُ إِلَى دُنْيَا يُصِيبُهَا أَوْ إِلَى امْرَأَةٍ يَنْكِحُهَا ‏‏‏‏‏‏فَهِجْرَتُهُ إِلَى مَا هَاجَرَ إِلَيْهِ".

Sahih hadith: Narrated 'Umar bin Al-Khattab: I heard Allah's Apostle saying, The reward of deeds depends upon the intentions and every person will get the reward according to what he has intended. So whoever emigrated for worldly benefits or for a woman to marry, his emigration was for what he emigrated for.

Reference: Sahih al-Bukhari 1: Chapter 1, Hadith 1