The Vice Chancellor of the International Open University, Dr. Mackie Taal, who delivered the opening remarks, via recorded message, talked about knowledge integration and advancement, public welfare encouragement, and genuine mutual partnerships, based on trust and honest practices.
He spoke at length on Islamic economics and Finance, Islamic Banking services and the integration of knowledge to get desired and shared goals.
The discussion addressed Shariah Principles of practical, ethical, and sustainable financial instruments, historical foundation of Islamic economic thought, regulatory and supervisory frameworks, product innovations of “Sukuk”, and “Takaful”, and Islamic Microfinance were among host of things discussed.
The Director of Operations of the International Open University (IOU), Mr. Kebba Jaiteh, acting on behalf of the Vice Chancellor, underscored that “the Seminar is a vital step in bridging theory and practice, ensuring that finance is governed by ethics, justice, and public purpose, and that we must marry Jurisprudential integrity with operational feasibility which precisely is what this convention seeks to achieve.” he explains.
The deliberation observes incremental implementation, regulatory readiness, human capital development, collaborative research policies between Universities and mentorship for early career researchers.
It marks the beginning of a sustainable programme of engagement, academic policy design, and public-sector education, with the aim to support ethical financial institutions in The Gambia and the Sub-region.
It observes Shariah Principles of practical, ethical, and sustainable financial instruments.
A courtesy visit to the Supreme Islamic Council building was conducted, where the delegation met with the President Sheikh Enza Darboe, and shared remarks and knowledge gained.
The event brought together forty participants, including academics, Central Bank representative, practitioners and post graduate researchers.
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