• Home
  • ILM Fund
  • Convocation
  • Alumni
  • Student Placements
  • Careers
Logo
  • About UMT
      • Founder's Message
      • Welcome by Rector
      • Introducing UMT
      • Vision and Mission
      • Charter
      • UMT at a Glance
      • Milestones Achieved
      • International Linkages
      • Accreditations
      • Memberships
      • Quality Policy
      • Contact us
  • Admissions
    • Degree Programs
      • Undergraduate Programs
      • Graduate Programs
      • PhD Programs
      • Diplomas
    • Related links
      • Why UMT
      • Transfer
      • International Students
      • Attestation
    • Financial Assistance
      • Merit Based and Other Scholarships
      • Dr Hasan Sohaib Murad PhD Fellowship Program
    • Apply Online
      • How to Apply
      • FAQs
  • Academics
    • Schools
      • School of Business and Economics
      • School of Systems and Technology
      • School of Social Sciences and Humanities
      • School of Professional Advancement
      • School of Professional Psychology
      • School of Textile & Design
      • School of Law and Policy
      • School of Engineering
      • School of Governance and Society
      • School of Commerce and Accountancy
      • School of Health Sciences
      • School of Architecture and Planning
      • School of Science
      • School of Food and Agricultural Sciences
      • School of Media and Communication Studies
    • Institutes
      • Institute of Aviation Studies
      • Institute of Islamic Perspectives and Guidance
      • Institute of Liberal Arts
    • Academic Departments
    • Faculty
    • Faculty Handbook
    • Participant Handbook
    • Academic Calendar
    • Learning Management System
    • Participants Help Desk
  • Offices
    • Management Offices
      • Campus Management and Services
      • Corporate Linkages and Placements
      • Communications and Media
      • Alumni Relations
      • Dean Research
      • Human Resource
      • Information and Admissions
      • Technology Enablement
      • Accreditations and Academic Quality Improvement Cell
      • Internationalization
      • Learning Resource Centre
      • Participant Affairs
      • Planning and Development
      • Research Innovation and Commercialization (ORIC)
      • Safety, Security and Vigilance
    • Statutory Office
      • President
      • Rector
      • Registrar
      • Controller of Examinations
      • Treasurer
    • Related Links
      • Campus Help
      • ILM Group of Colleges
      • The Knowledge School (TKS)
      • UMT Campus
      • Participant Relations Section (PRS)
      • UMT Student Housing
      • Staff Handbook
      • Staff Directory
      • UMT Souvenir Shop
      • UMT News
      • Innovation Capital Development Forum (ICDF) – A Think Tank
  • Research
    • Journals
      • Journal of Islamic Thought and Civilization (JITC)
      • Scientific Inquiry Review
      • Islamic Banking and Finance Review (IBFR)
      • Journal of Art, Architecture and Built Environment (JAABE)
      • Organization Theory Review (OTR)
      • Bio Scientific Review (BSR)
      • Journal of Communication and Cultural Trends (JCCT)
      • UMT Education Review (UER)
    • View All Journals
    • Conferences
      • ICOREL 2020
      • 7thICoBM 2020
      • IBCE 2016
      • ICoBM 2016
      • ICDI 2016
      • CEWM-16
      • ICIC 2016
      • ICIC 2018
      • 1st SME
      • 1stUICPAS 2016
      • Global Forum 2016
      • Global Forum 2017
      • Global Forum 2018
    • Centers and Initiatives
      • Teaching and Learning
      • Center for Industrial Services and Research (CISR)
      • Center for Disaster Management (CDM)
      • Entrepreneurship and Innovation
      • Supply Chain Research
      • Retail And Services Marketing
      • Terrorism Research Initiative Pakistan
      • Mathematics and its Applications
      • Enterprise and Technology Advancement
      • Human Rights and Justice
      • Executive Education
      • Information Processing Center
      • Teaching Development Workshop Series
      • UMT CONNECTED
    • Research on COVID-19
  • Life at UMT
    • News and Events
      • Latest news
      • News Archive
      • Upcoming Events
      • Events Gallery
      • Add an Event
      • 16th Convocation 2018
    • Facilities
      • UMT Campus Management Helpdesk
      • Clubs & Societies
      • Learning Resource Center
      • Information Processing Center
      • UMT Student Housing
      • Scholarship & Financial Assistance
      • UMT Souvenir Shop
    • UMT Publications
      • Newsletters
      • Corporate Brochures
      • University Reports
      • School Brochures
      • Program Brochures
      • Magazines
      • Graduate Directories
  • Contact us
  • Home
  • Top Stories
  • News Archive
  • Event Calendar
  • Event Gallery
  • Contact Us

News and Announcement

5th Global Forum on Islamic Economics, Finance and Banking

Wednesday, March 11, 2020

UMT continues the legacy of Dr Hasan Sohaib Murad by hosting the 5th Global Forum on Islamic Economics, Banking and Finance 2020. Dr Talat Hussain, Acting Dean Institute of Islamic Banking, welcomed Dr Muhammad Aslam, Rector UMT along with the esteemed national and international guests. He gave a brief note on the vision of IIB. The theme of the Global Forum was to discuss the Islamic economics model of Riyasat e Madina and its implementation.

Dr Sheila Yusuf from International Islamic University, Malaysia was of the view that scholars need to embrace change and work together in order to attain the ideal state of Riyasat e Madina. She extended her gratitude to IIB for organizing such an insightful event. Ahmad Ali Sheikh, Senior Executive, Vice President, Head Compliance Department, Meezan Bank blatantly rejected the Western model of economics calling it a failure. He wished for academicians to take Jinnah’s vision forth of understanding the Western model but adopting the Islamic model.

Maulana Fazal ur Raheem, Jamia Ashrafia commended the efforts of all the institutions for working together in order to diminish ribah. Muhammad Mahmood Shah Khan, Assistant Professor SBE, proposed that by adapting Islamic banking, the economy of the country will grow rapidly. Dr Muhammad Aslam thanked Dr Sheila Yusuf for taking the time out to be a part of this enlightening gathering. He appreciated the efforts of IIB on organizing yet another successful Global Forum. Souvenirs were presented to the distinguished guests.

University of Management and Technology

C-II Johar Town Lahore
Tel.: +92 42 35212801-10

Study at UMT

  • Undergraduate
  • Graduate
  • PhD Programs
  • Apply Online

About the University

  • UMT at Glance
  • Accreditations
  • Memberships
  • Giving to UMT
  • Life at UMT
  • News

Resources

  • Library
  • IPC
  • UMT Student Housing

Join us online

© Copyright UMT, 2015. All Rights reserved.

Website Credits: OCM-UMT Back to Top
Apply
Online

Live Chat