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.
The Tashkent Islamic Institute hosted a Republican scientific-practical conference titled “Approaches in Research on Contemporary Theological and Jurisprudential Issues”.
The event brought together scholars, professors, and young researchers. The conference was opened by the Rector of the Institute, Uyg‘un G‘afurov, with a welcoming speech. The First Deputy Chairman of the Committee on Religious Affairs, Davronbek Mahsudov, and the First Deputy Chairman of the Muslim Board of Uzbekistan, Homidjon Ishmatbekov, extended their best wishes for the success of the conference.
Among the topics discussed were “The Sharia Rulings on Plastic Surgery”, “Rehabilitation of Individuals Affected by Deviant Ideologies”, “Modern Jurisprudential Issues Related to E-Commerce” and “The Foundations and Characteristics of the Maturidi Doctrine” along with other pressing subjects.
Within the framework of the conference, more than 70 scientific papers on Qur’anic studies, Hadith studies, jurisprudence (fiqh), kalam, and theology were included in a special academic collection.
Press Service of the Muslim Board of Uzbekistan