With participation of 110 Experts and Lawyers, the International Islamic Centre for Reconciliation and Arbitration (IICRA) had successfully launched the 8th International Annual Forum of Legal and Experts in the Islamic Financial Industry entitled "The importance of specialized Institutional Arbitration to support the Islamic Economy” with the patronage of Central Bank of Jordan and sponsored by the Islamic Development Bank, Jordan Islamic Bank and Dubai Islamic Economy Development Centre held on 15 October 2018 at Le Grand Amman Hotel in Jordan.
The said forum was specifically organized for the Experts and Lawyers in the Islamic Finance Products, Jurist who are involved in Islamic Finance Contracts, the Legal and Technical Departments of Islamic Financial Institution, Graduate Students and Researchers in Management, Economics, Law, and Sharia Law. The forum was also represented by remarkable speakers in the Islamic Finance Industry who shared their diverse perspectives, valuable information and insights that directly benefited the participants.This forum is intended to address and conveyed the principles of Jurisprudence, the different challenges in settling disputes, perspective of Islamic finance and how to support Islamic Economy
In order to effectively utilize the services of IICRA and most importantly, to expand the knowledge about Sharia compliant from legal, Sharia and technical perspective. By these we strongly believe, it will improve the effectiveness and efficiency of each participants in their roles in a demanding world of Islamic finance and significant opportunity and contributions for the growing economy of the Islamic countries.
The participants and IICRA, would like to express its gratitude to His Excellency King Abdullah II for hosting and the Central Bank of Jordan & Jordan Islamic Bank for sponsoring the forum.
Finally, the forum arise with several recommendations and conclusions;