Functioning of the Waqf and Zakat funds becomes a key subject of Islamic Economic&Finance Conference of KAZANSUMMIT 2013.
Functioning of the Waqf and Zakat funds becomes a key subject of Islamic Economic&Finance Conference of KAZANSUMMIT 2013.
Charity, as one of the parties of Islamic finance, traditionally takes special place in the list of discussed questions at the V International summit: Economic cooperation between Russia and OIC countries – KAZANSUMMIT 2013, which will pass on May 15-17 in Kazan.
“Solidarity” charitable foundation is the one of constant co-organizer of KAZANSUMMIT. During Ramadan 2011 Solidarity had collected the record sum of donations – more than 17 million rubles (zakat amounts to 13millionrubles).
In the course of the conference such questions as practice of Waqf and Zakat input into economy of the countries by means of funds, funds’ purposes, tasks, structure and mechanisms of work will be considered.
Reference information: Last year within the framework of KAZANSUMMIT 2012 round table called “The role of zakat, wakf and islamic finance in effective charity” the Founder and CEO of
Center for Education and Research Nahla SEHIJA DEDOVIC, the Director of International Relations and Arab medical union AMR ARFEEN, the General Coordinator of The Union of NGOs of The Islamic World CIHANGIR İŞBILIR, the President and founder of World Congress of Muslim Philanthropists TARIQ H. CHEEMA, the President of Solidarity Charitable Foundation and the Master of Sharia science “Alraid” SEYRAN ARIFOV took part.
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