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The two-day conference sought to promote a better understanding and application of maqasid al-shariah in the light of contemporary needs; to underline its significance in Islamic financial transactions (muamalat); to address the challenges of maqasid-compliance in Islamic financial institutions (IFIs), and to provide solutions to uphold the principles and the spirit of Islamic law; and to propose a unified regime of compliance for IFIs, and governance policies.
The conference featured twenty-five international and local speakers in four sessions with the opening address delivered by Y.A. Bhg Tun Abdullah Haji Ahmad Badawi, former Prime Minister of Malaysia & Patron of IAIS. Special lectures were delivered by Professor Mohammad Hashim Kamali, Founding Chairman and CEO, IAIS Malaysia, and Badlisyah Abdul Gani, Executive Director and Chief Executive Officer of CIMB Islamic.