Post on 23-Mar-2018
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PRESS COVERAGE REPORT
Riphah International University and Islamic Research and Training Institute, (IRTI)
Islamic Development Bank (IDB), JEDDAH Organized one day Workshop on Developing
Framework for Maqasid al-Shariah based Index of Socio-Economic Development
Riphah Center of Islamic Business (RCIB), a constituent Institute of Riphah International
University in collaboration with the Islamic Research and Training Institute, (IRTI) Islamic
Development Bank (IDB), JEDDAH organized a one day International workshop to develop a
“Framework for Surveys and Impact Analysis through Maqasid al-Shariah based Index of Socio-
Economic Development”. It aimed at discussing the policy issues involved and mobilize quality
policy oriented research in the field. The key objectives from the Workshop were to:
• Clarify or expand the definition and conceptualization of Maqasid al-Shariah as
measurable concept and suggest various indicators that tie with one or more objectives of
the Shariah.
• Designing specific survey instruments in order to develop indicators directly relevant to
Maqasid al-Shariah. These can be survey questionnaires addressing all or few
dimensions of Maqasid and presenting the results of a pilot survey on the basis of the
designed survey.
• Gauging the performance and impact of socio-economic polices in the light of fulfilment
of Maqasid al-Shariah;
• Combining subjective and objective measures and thresholds for deprivation evaluation.
• Evaluate various indicators for measurement of the multi-dimensions of these Maqasid
(e.g., how good the indicators as a proxy for the relevant dimension, to what extant there
is cross-dimensional overlap etc).
Research Scholars from various Islamic countries including Malaysia, Indonesia, Singapore,
IRTI, IDB, Jeddah and Pakistan participated in the workshop and presented their papers. Three
categories of papers on policy, economics and finance were discussed in five sessions.
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Prof. Dr Anis Ahmad, Vice Chancellor of Riphah welcomed the audience and delivered a policy
address on Maqasid al Shariah realization in Socio-Economic Development and need for their
Measurement. He appreciated the efforts of the RCIB and Islamic Research and Training
Institute (IRTI) in organizing this workshop. It was followed by a presentation by Dr Salman
Syed Ali, representative of IRTI, on guidelines for preparing the Maqasid al Shariah based Index
Framework.
In the formal proceedings, thirteen papers were presented that discussed almost all areas of
measuring socio-economic development as result of operations of different institutions including
banking and finance, cooperatives, Zakat, income taxation and waqf. Prof Dr Sayed Tahir, Prof
Dr Tahir Mansoori, Prof Dr Asad Zaman and Mr Muhammad Ayub chaired various sessions.
Participants also discussed that the subject matter of Maqasid al-Shariah could broadly be
approached from various angles such as: its historical development, use in ijtihad, identification
and classification of maqasid, approaches in identification of maqasid and the differences in
those methods etc. Maqasid al-Shariah can also be approached from its applications to various
contemporary issues, for example, application of Maqasid al-Shariah in medical ethics,
application of law, etc.
At the end, Dr. Salman Syed Ali expressed gratitude to the researchers for their hard work and
for participating in the Workshop discussions. He also thanked to the Riphah International
University for collaboration for the Workshop. Dr. Khurram Khan, Chairman of the RCIB gave
‘Vote of Thanks” for the Audience and IRTI, IDB, Jeddah. He also read the ‘Resolution’ that
called for strengthening the Working Group at IRTI to streamline and consolidate the work being
done on developing the frameworks for measuring socio-economic development as a result of
the operations and application of various Islamic institutions in the areas of banking, finance,
markets, zakat, waqf, cooperatives, community based takaful, etc. The ‘Resolution’ was adopted
unanimously.
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http://www.dailynht.com/epaper/main.php?action=epaper&id=main&page=2&dt=03-11-2017
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https://epaper.pakobserver.net/2017/11/03?page=10
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https://e.dunya.com.pk/index.php?e_name=ISL&edate=2017-11-03&page=2
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http://epaper.dailyausaf.com/page?station_id=1&page_id=30912&date=2017-11-03
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http://www.nawaiwaqt.com.pk/E-Paper/islamabad/2017-11-03/page-3
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http://www.jehanpakistan.com/epaper/epaper.php?edition=islamabad&date=031117
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http://naibaat.com.pk/Pre/islamabad/Page02.aspx
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http://www.dailysarzameen.com/epaper%20lahore/2017/nov/03/print/l8.jpg