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.
(5) Hadith 5 of the book of revelation by Sahih al-Bukhari
حَدَّثَنَا مُوسَى بْنُ إِسْمَاعِيلَ، قَالَ: حَدَّثَنَا أَبُو عَوَانَةُ، قَالَ: حَدَّثَنَا مُوسَى بْنُ أَبِي عَائِشَةَ، قَالَ: حَدَّثَنَا سَعِيدُ بْنُ جُبَيْرٍ، عَنِ ابْنِ عَبَّاسٍ، فِي قَوْلِهِ تَعَالَى: "لا تُحَرِّكْ بِهِ لِسَانَكَ لِتَعْجَلَ بِهِ سورة القيامة آية 16، قَالَ: كَانَ رَسُولُ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ يُعَالِجُ مِنَ التَّنْزِيلِ شِدَّةً، وَكَانَ مِمَّا يُحَرِّكُ شَفَتَيْهِ، فَقَالَ ابْنُ عَبَّاسٍ: فَأَنَا أُحَرِّكُهُمَا لَكُمْ كَمَا كَانَ رَسُولُ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ يُحَرِّكُهُمَا، وَقَالَ سَعِيدٌ: أَنَا أُحَرِّكُهُمَا كَمَا رَأَيْتُ ابْنَ عَبَّاسٍ يُحَرِّكُهُمَا، فَحَرَّكَ شَفَتَيْهِ، فَأَنْزَلَ اللَّهُ تَعَالَى: لا تُحَرِّكْ بِهِ لِسَانَكَ لِتَعْجَلَ بِهِ 16 إِنَّ عَلَيْنَا جَمْعَهُ وَقُرْءَانَهُ 17 سورة القيامة آية 16-17، قَالَ: جَمْعُهُ لَهُ فِي صَدْرِكَ وَتَقْرَأَهُ، فَإِذَا قَرَأْنَاهُ فَاتَّبِعْ قُرْءَانَهُ سورة القيامة آية 18، قَالَ: فَاسْتَمِعْ لَهُ وَأَنْصِتْ ثُمَّ إِنَّ عَلَيْنَا بَيَانَهُ سورة القيامة آية 19، ثُمَّ إِنَّ عَلَيْنَا أَنْ تَقْرَأَهُ، فَكَانَ رَسُولُ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ بَعْدَ ذَلِكَ إِذَا أَتَاهُ جِبْرِيلُ اسْتَمَعَ، فَإِذَا انْطَلَقَ جِبْرِيلُ قَرَأَهُ النَّبِيُّ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ كَمَا قَرَأَهُ".
Sahih hadith:
Narrated Said bin Jubair: Ibn 'Abbas in the explanation of the statement of Allah Move not your tongue concerning (the Quran) to make haste therewith. (75.16) said Allah's Apostle used to bear the revelation with great trouble and used to move his lips (quickly) with the Inspiration. Ibn 'Abbas moved his lips saying, I am moving my lips in front of you as Allah's Apostle used to move his. Said moved his lips saying: I am moving my lips, as I saw Ibn 'Abbas moving his. Ibn 'Abbas added, So Allah revealed 'Move not your tongue concerning (the Qur'an) to make haste therewith. It is for Us to collect it and to give you (O Muhammad) the ability to recite it (the Quran)' (75.16-17) which means that Allah will make him (the Prophet) remember the portion of the Qur'an which was revealed at that time by heart and recite it. The statement of Allah: 'And when we have recited it to you (O Muhammad through Gabriel) then you follow its (Quran) recital' (75.18) means 'listen to it and be silent.' Then it is for Us (Allah) to make it clear to you' (75.19) means 'Then it is (for Allah) to make you recite it (and its meaning will be clear by itself through your tongue). Afterwards, Allah's Apostle used to listen to Gabriel whenever he came and after his departure he used to recite it as Gabriel had recited it.
Reference:
Sahih al-Bukhari 1: Chapter 1, Hadith 5.